As most of you know, video games are a hot collectible right now. Certain Super Mario Brothers games are going for thousands of dollars. People are willing to spend the money on just about any video game that's sealed in the original packaging. But what about collecting video game consoles? Are those worth investing in?

Of course, there are rare consoles such as the Nintendo Playstation and the Dreamcast S.T.A.R.S edition, but those consoles are obviously rare and go for thousands. We'll be focusing on the consoles we had growing up -- the used ones, the ones we never opened, and the ones we may have played with twice. Is there any value in those?

Let's find out.

There is still a markup on the secondary market on the Playstation 5 and the XBox Series X, but that doesn't mean they'll retain their value. At a recent Heritage auction, an uncirculated mint Super Nintendo with a VGA grade of 95 sold for an impressive $66,000. In that same auction, a Yellow Pokemon edition Game Boy Color in the box (but not new) with a VGA grade of 85 ended at $18,000.

On the lower end of the market, a PlayStation One console, sealed in the box, with a VGA grade of 85 sold for only $6,600 -- meanwhile a Jungle Green Nintendo 64 in near mint, uncirculated condition, sold for $4,320. While we could say the older the console, the more it's worth, graded consoles are still fairly new in the graded game market.

The console might not even need to be graded to sell. A factory-sealed Game Boy console sold for $9,000 in January of 2022 on Heritage. The fact that it's a factory-sealed original Game Boy drove up the price.

Potential?

In this unpredictable corner of the collectors market, there's unlimited potential. Having a factory-sealed console will always get more money, but even in the box can still go for a lot. If you're looking to sell, it might not hurt to give it a go.

If you're looking to invest (and you have the means to do so), why not? My only concern is the bubble could burst eventually.

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Are you thinking about collecting video game consoles?
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*And perceived investment advice is that of the freelance blogger and does not reflect advice on behalf of GoCollect.