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Nintendo Playstation Prototype will be auctioned in february 2020

MrMario2011

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On the seller's side: there's an additional fee that will be taken out of that $300,000 plus any taxes which will need to be paid on this.
 

hippo

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On the seller's side: there's an additional fee that will be taken out of that $300,000 plus any taxes which will need to be paid on this.

That's correct. HA charges fees for both parties (seller and buyer).

The seller also has to file Schedule D (Form 1040) for capital gain tax on the sale. Since he bought it for $75, the capital gain taxes would be huge. I think he will get around $150K after all fees and taxes.
 

FamilyGuy

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That's correct. HA charges fees for both parties (seller and buyer).

The seller also has to file Schedule D (Form 1040) for capital gain tax on the sale. Since he bought it for $75, the capital gain taxes would be huge. I think he will get around $150K after all fees and taxes.
I mean, I wouldn't spit on that.
 

HI_RICKY

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nice price , it very near they looking price(US200,000) as first time meet them in Hong Kong
 

Nully

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Hilarious.. another “I know what I got”er’s ego completely destroyed, this time for an international audience. Having read a bit of the sketchy backstory it’s likely this move was planned for years, only to fail. Even with that sales price, cash in hand-will always give a sour feeling of what could have been. Sad
 

CraZyEddy2010

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That 300.000$ tho. They just should have kept this amazing piece of history. Hope they will be happy now. May the new owner be happy with this prototype ?
 

Pinta77

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Wow.. well, nothing left to see. Let's go home.
 

PopetherevXXVIII

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You know there's probably like 50 more of them in somebody's house, and he/she is using them as paper weights.
 
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Trenton_Net

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I think Terry just got greedy. He clearly didn't do his homework as he spent all this money touring the device around (without any plans to get paid for appearances), turned down a 1.2M deal, thought all his showboating would net him a big windfall at auction, and it turns out to be a gong show. Don't get me wrong, 360K is a good chunk of money, but thinking he was going to do significantly better than 1.2M was a mistake.
 

MrMario2011

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The interest has been there since the beginning, but I'm thinking the money wasn't. Does anyone remember the book they were trying to get published about the console? It was a book all about the Nintendo PlayStation and went onto Kickstarter, which failed to meet the minimum goal they set.

The seller thought it was worth at least $3 million, but the public had a chance to buy it. The market has spoken: this console is worth $300,000 not $3 million.
 
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Trenton_Net

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The interest has been there since the beginning, but I'm thinking the money wasn't. Does anyone remember the book they were trying to get published about the console? It was a book all about the Nintendo PlayStation and went onto Kickstarter, which failed to meet the minimum goal they set.

I like how, just because they stumbled upon the Playstation prototype, they feel that they are suddenly experts on the subject and can write a book about it. I bet they didn't know jack about this until they realized it was worth money and started asking around the gaming community to find out more. It's no wonder the book failed, as it would probably contain everything we already knew about the subject. But that's just my humble opinion.
 

MrMario2011

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I like how, just because they stumbled upon the Playstation prototype, they feel that they are suddenly experts on the subject and can write a book about it. I bet they didn't know jack about this until they realized it was worth money and started asking around the gaming community to find out more. It's no wonder the book failed, as it would probably contain everything we already knew about the subject. But that's just my humble opinion.

It has been a bit since I looked at it, but I don't think they were positioning themselves as the experts by any means? Going to China was a huge help as it was all documented and x-rayed, then of course Ben Heck got the thing working to 100% capacity. It was a failed Kickstarter for a neat book, that's about it in my eyes.

I still believe the public just didn't want to put their money on it. Plenty of conventions paid to fly the owners all over the world, several people donated parts and games, and countless people got to see and play it for free. It just seems like the big big money isn't there when opening to the public, whether it be for a book or for the console itself.
 

Borman

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The interest has been there since the beginning, but I'm thinking the money wasn't. Does anyone remember the book they were trying to get published about the console? It was a book all about the Nintendo PlayStation and went onto Kickstarter, which failed to meet the minimum goal they set.

The seller thought it was worth at least $3 million, but the public had a chance to buy it. The market has spoken: this console is worth $300,000 not $3 million.

Lots of people can say "Id pay 3 million for it!" but few can actually follow through. I was laughed at when I said it would sell for far less than expected (before it was confirmed to be anything more than a shell, mind you), and if after this many years this is as far as it got, I can't say I was far off.
 

psx-collector

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Rich doesn't mean idiot. Many people think that rich collector will pay any crazy amount but it's not so. I can't really understand such logic.
 

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