Do you play video games? If so, you would know that many big game releases involve the distribution of special video game premiums. These items range from limited edition books, action figures, statuettes, maps, weapon replicas etc. The point is, there are a lot of collectibles produced whenever a game is released.
For video game fans who are also investors, this could be the dream. While most items do have antique value, you would have to wait decades for you to get your money back. Furthermore, you would need to wait decades more to make a ‘profit.’
The word profit is in quotes. Once you factor in inflation in your investment’s price, you may break even. With all that said, you can make money from video game premiums. You just have to think like a collector instead of an investor looking for a return on investment.
Use the tips below to help you formulate a video game premiums investment strategy.
Consider the size of a game’s fan base for video game premiums
Investing is always about supply versus demand. Especially, when buying and selling video game premiums or collectibles for a profit. Consider the size of a game’s fan base. This sets the ground floor on how much demand there is for collectibles related to the game. Keep in mind that this figure only considers people who are fans of the game. Focus on the people would beat a path to your door.
However, the bigger the fan base, the better. It is a numbers game. Therefore, if a game has several dozen million fans, chances are good there are some collectors.
Consider the rarity of the object
As mentioned above, collectible investment is all about supply and demand. For this section, we tackle the element of supply. The less supply there is, the higher the chance something will be collectible people will pay money for. Make sure the item you want to collect or invest in is actually rare.
Consult with the manufacturer of the video game premiums. This will give you a clear idea of the production run of the item. Many so-called ‘collectors’ items’ are actually mass Chinese-manufactured items which will remain well-stocked until the next Ice Age. Go beyond the label on the box, look for actual rare products.