The Nintendo 64 Console has steadily increased in price throughout 2007. Its low for the year was around $9 in January and is now selling for $27.
The price increases have accelerated during the the past four months, increasing almost $2.00 every month. What is causing this sharp rise in prices? I don't think supply dried up, unless some warehouse stocked with Nintendo 64's caught fire that I didn't hear about. All the N64 consoles are owned by individuals hooked up to their TV's or packed away in boxes. Is there renewed interest in the Nintendo 64 because of the virtual console on Wii? Prices for Super Smash Bros, Mario Kart, and Super Mario 64 have started increasing during the past four months too. So maybe people are looking to play these games on the original system. But even they haven't increased as much as the N64 console's price..
Anyone have other theories why the Nintendo 64's price is rising almost as much as Nintendo's stock price?
Video game price data provided by VideoGamePriceCharts.com