There is a huge issue with the distribution of wealth in the world today. If you need any proof of that, then take a look at how much someone dropped on a Mario 64 game.

The video game market is going through a huge resurgence in interest when it comes to retro games. People want sealed versions of classic, and there have been some huge auctions in recent memory.

We previously covered how a Legend of Zelda cartridge was set to break a record, and it did at $870,000 after an intense bidding war. Now a sealed copy of Mario 64 has topped that number.

Heritage Auctions just sold a sealed copy of Mario 64 for $1.5 million. That came only days after the record-breaking Zelda auction.

A copy of Super Mario Bros 3 sold for $156,000 last November. Since then prices for sealed retro games have went through the roof. It seems that those items will hold their value, if anything, they are going to continue skyrocketing.

This might be a good time to go through your storage facility once again in search for old video games, especially if you had a habit of buying games and never opening them.

We will continue keeping an eye on this market as it keeps exploding every week.

What’s your take on people dropping so much money on video games? Sound off in the comments!

H Jenkins

Years of experience in writing, journalism, and digging exclusive insider info for Ringside News opened the door for a new opportunity for Jenkins. With a history in finance, he broke into the journalism game by writing on blogs and other freelance websites before branching into sports and entertainment news. Being in tune with pop culture doesn't mean it has to make sense, but he tries. Favorite bands include any group from Seattle who formed between 1991 and 1999. 5 Ozzfests under his belt and 12 Warped Tours, but his last concert was a bluegrass AC/DC cover band that was not 100% terrible.

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