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Published Sat, Feb 20, 2010 02:00 AM
Modified Mon, Feb 22, 2010 02:55 PM

Video game sells for big gain

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- Staff Writer
Tags: business | entertainment | local | news | video games

Somewhere in Haw River, someone just made a boatload of cash off an old Nintendo system that was sitting in a closet -- and set the video game world abuzz.

The recipient of the sudden windfall, a staggering $13,105, has so far remained anonymous, not responding to messages sent by The News & Observer through eBay and eBay representatives.

All that's known about lace_thongs35, the seller's eBay name, is what he or she revealed on the auction site. Lace_thongs35 lives in Haw River (about 60 miles northwest of Raleigh) and clearly wasn't a video game aficionado, writing on the site:

"I have had this stored in the closet for years for my kids to play but the way that electronics come & go and change from one year to the next they wanted all of the new hot items of their own now and now it's time to get rid of things that are no longer being used or wanted."

The starting bid was set at a modest $9.99 with $13.95 for shipping.

By itself, the 25-year-old Nintendo system would have probably gone for about $50.

But one of five games listed along with the Nintendo was a copy of a game called Stadium Events.

To say it is rare would be an understatement.

Only 10 copies were thought to exist before the one in Haw River showed up.

Driving up the value and the bids: The seller had the game manual and the original box for Stadium Events.

"This is a super-rare find," said D.S. Cohen, a classic video games expert who writes for The New York Times Web site classicgames.about.com and author of "Producing Games."

"The game cartridge just by itself is already worth $1,100 to $1,200 in working condition. But with the packaging, nobody's ever found it before. That's the reason it sold for so much money."

Lace_thongs35 posted the lot for sale at 9:45 p.m. on Feb. 3.

By 12:30 a.m., the bids had reached $2,000, and they just kept coming.

In all, there were 36 bids from 17 bidders, finally arriving at the final selling price of $13,105 on Feb. 10.

Cohen wasn't surprised. "This game is legendary," he said. "It's kind of like the holy grail. Some people didn't think it existed. ... It's like one of those things people know about it, but they've never even seen it."

Stories like the one from Haw River are more typical than people think, said Kathy Brewer, who runs a chain of eBay auction drop-off stores called ShipOnSite with her husband John.

"We get stories like that all the time," she said. "Unless you're a collector and know what that rare piece is that people are looking for, you never know."

As for the identity of lace_thongs35, Cohen said that may remain a mystery. But he said the world may soon know who the buyer was.

"I have a feeling this collector is going to come public and let themselves be known if this gets to be a big enough story," he said.

sue.stock@newsobserver.com or 919-829-4649

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Why so rare?

Stadium Events is one of the most hard-to-find video games of all time, says video game expert D.S. Cohen, mostly because of the events.

The game was originally produced by a company named Bandai. Only about 2,000 copies of the U.S. version were produced. Of those, only 200 made it into circulation as part of a test with Woolworth stores in the "northeast region," which included North Carolina. The games were on shelves just a few weeks because Bandai sold the game to Nintendo, which promptly recalled ll the games and later re-released them under a new name.

Versions of Stadium Events released in Germany and Sweden are common. Of the 200 Stadium Events games that made it into the public, only 10 copies were thought to still exist.

Cohen says only two games are rarer:

Nintendo World Championship 1990 Gold Edition, which was made exclusively as a prize for readers of the official Nintendo magazine, and Pepsi Invaders, a customized version of the Atari game Space Invaders, which was given out at a Coca-Cola executive meeting in the 1980s.

Sue Stock

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