2023 Nintendo Valuation: How Much is a 1985 Model Worth Today?
The Nintendo Entertainment System (NES) was first released in 1985, and it quickly became a cultural phenomenon. The console’s popularity skyrocketed, and it became a staple in many households across the world. As the years have passed, the NES has become a collector’s item, and many people are curious about how much a 1985 Nintendo is worth in 2023.
There are many factors that determine the value of a 1985 Nintendo. The condition of the console and its accessories, such as controllers and cords, can greatly impact its value. Additionally, the rarity of the console and the demand for it can also affect its worth. While some may assume that a 1985 Nintendo is worth a fortune, the reality is that its value can vary greatly depending on these factors.
Background on the 1985 Nintendo
The Nintendo Entertainment System (NES) was first released in 1985 and quickly became a popular home video game console. It was designed by Nintendo Co., Ltd. and was initially released in Japan as the Family Computer (Famicom). The console was later released in North America, Europe, and other parts of the world, where it became known as the Nintendo Entertainment System (NES).
The NES was a major success for Nintendo, helping to revive the video game industry in North America after the video game crash of 1983. It was also the first console to introduce a gamepad with a directional pad and two buttons, which became the standard for console controllers for many years to come.
The NES was bundled with the game Super Mario Bros., which became one of the most popular and iconic video games of all time. The console also had a wide variety of other popular games, including The Legend of Zelda, Metroid, and Mega Man.
Factors Affecting the Value of a 1985 Nintendo
Condition of the Console
The condition of the console is one of the most important factors affecting its value. A console that is in excellent condition, with no scratches or damage, will be worth more than one that is in poor condition. The condition of the console includes the condition of the exterior, as well as the condition of the internal components.
Some collectors may be willing to pay a premium for consoles that have been refurbished or restored to their original condition. However, it is important to note that any modifications made to the console may also affect its value.
Original Packaging
The original packaging is another important factor that affects the value of a 1985 Nintendo console. Consoles that are still in their original packaging, with all of the original accessories and manuals, are worth significantly more than consoles that are missing the packaging.
Collectors are often willing to pay a premium for consoles that are still in their original packaging, as these are much rarer and harder to find than consoles that have been opened and used.
Serial Number
The serial number of the console can also affect its value. Some collectors may be interested in consoles that have a low serial number, as these are often considered to be more valuable than consoles with higher serial numbers.
However, it is important to note that the serial number alone is not enough to determine the value of a console. Other factors, such as the condition of the console and the availability of similar consoles on the market, will also play a role in determining the value.
Availability and Demand
The availability of 1985 Nintendo consoles on the market, as well as the level of demand for these consoles, can also affect their value. If there are many similar consoles available for sale, the value of each individual console may be lower.
Similarly, if there is a high level of demand for these consoles, the value may be higher. Factors that can affect demand include nostalgia, rarity, and the popularity of retro gaming.
Determining the Value of a 1985 Nintendo
Researching Recent Sales
One way to determine the value of a 1985 Nintendo is to research recent sales of similar items. This can be done by searching online marketplaces such as eBay or Amazon. Look for listings of original 1985 Nintendo consoles in similar condition to the one you are evaluating. Pay attention to whether the console is complete with all necessary cables and controllers, as well as the condition of the console itself. Take note of the final sale price of these listings to get an idea of the current market value.
Consulting Experts
Another way to determine the value of a 1985 Nintendo is to consult with experts in the field. This can include appraisers or collectors who specialize in vintage gaming systems. These experts can provide insight into the rarity and condition of the console, as well as any unique features that may affect its value. They can also provide guidance on where to sell the console to get the best price.
Considering Unique Features
The value of a 1985 Nintendo can also be affected by any unique features it may have. For example, if the console is a limited edition release or has a rare color scheme, it may be worth more than a standard console. Additionally, if the console comes with original packaging or accessories, it may be worth more than a console without these items. Consider these unique features when determining the value of a 1985 Nintendo.
Where to Sell a 1985 Nintendo
After determining the value of a 1985 Nintendo, the next step is to decide where to sell it. There are several options available, including online marketplaces, specialty auction houses, and local gaming stores.
Online Marketplaces
Online marketplaces such as eBay, Amazon, and Craigslist are popular options for selling vintage gaming consoles. These platforms allow sellers to reach a large audience and set their own prices. However, it is important to note that there may be fees associated with selling on these sites, and shipping costs can also add up.
When selling on online marketplaces, it is important to provide detailed descriptions and photos of the console and any accessories included. This can help attract potential buyers and increase the chances of a successful sale.
Specialty Auction Houses
Specialty auction houses such as Heritage Auctions and GameGavel specialize in selling vintage gaming consoles and accessories. These platforms have a dedicated audience of collectors and enthusiasts, which can help ensure a fair price for the console.
However, it is important to note that auction houses typically charge a commission fee for selling items, which can range from 10-20% of the final sale price. Additionally, the console may need to be shipped to the auction house, which can add to the overall cost of selling.
Local Gaming Stores
Local gaming stores may also be interested in purchasing a 1985 Nintendo console. These stores often have a dedicated customer base of retro gaming enthusiasts, and may be willing to pay a fair price for the console.
When selling to a local gaming store, it is important to do some research beforehand to ensure that the store is reputable and offers fair prices. Additionally, it may be helpful to bring in any accessories or games that are included with the console, as this can increase the overall value of the sale.
So, how much is a 1985 Nintendo worth today? Original Nintendo Entertainment System consoles sell for $45 on average, based on recently sold eBay listings. However, systems can range in price from $20 to $130 depending on the condition the console is in. Working units with possible cosmetic damage will sell for closer to $25 while mint boxed examples and bundled consoles will go for prices closer to $150.
Second hand costs for early Nintendos can fluctuate rather alot and depend considerably on the state of the consoles physical condition, if it has all of its accessories cables and controllers , and even whereabouts you decide to purchase or sell from. For most retro consoles, new or mint condition units are amazingly uncommon, so there is not a predictable market rate. With the Original NES explicitly, new, original un-opened units start at around $300 and they are amazingly rare.
(Please note: Prices and information below are accurate as of January 19, 2022. This article be updated regularly to reflect current rates, but prices can fluctuate. Additionally, the information provided is based on the models released in the United States. Models released in other regions may differ from the prices shown below.)
Used Consoles – Untested recently sold for $21
Used Consoles – Tested working recently sold for $45
Used Console – Tested working with bundled games etc, recently sold for $69
Used Console – Fully Boxed Tested working recently sold for $194
Conclusion
After conducting research on the value of a 1985 Nintendo in 2023, it is clear that the worth of this console can vary greatly depending on its condition, rarity, and included games. While some may be valued at a few hundred dollars, others may be worth over $1,000.
According to Fair Game Retro, the original NES was priced at $149.99 in 1985. Today, a complete set with box and all accessories can fetch anywhere from $120-$160, while a mint condition set can sell for $200 or more. For just the system and a few games, one can expect to pay anywhere from $40-$55.
It is important for those looking to sell their original Nintendo to do their research and find the right price point. Factors such as the condition of the console and included games can greatly impact its value. Additionally, it may be worthwhile to consider selling through a reputable dealer or auction house to ensure a fair price.
Overall, while the value of a 1985 Nintendo may fluctuate, it remains a beloved piece of gaming history and a cherished item for collectors and enthusiasts alike.
