A $1,000,000 “gigabit” of vintage computers and game consoles is probably more than most of us will ever need, according to a new report.
The report from tech and gaming magazine Wired says that a 1,000-gigabits (1,200-kilobytes) of vintage computing equipment could be the best present anyone could ever ask for, and it would be a big deal for the modern gamer.
Wired said it bought the equipment from an antique dealer in London for $1.5 million, after seeing the value of vintage computer systems rise in value.
The article, titled “A $100k Mega-Tron is a perfect gift for retro gamers”, says that it bought a 100-gigs of vintage hardware from an online auction site for $2.4 million.
The seller, who did not want to be identified, said that the original machine was bought in 2003 for $200,000 and that he now had $1 million in the bank.
Wired reported that a $100 million vintage gaming machine would be expensive, but not a big investment, considering that the hardware was sold at a cost of around $2,500, the paper said.
“For $1 billion to $1 trillion, the value in this vintage hardware is less than one percent of the total value of the original machines,” Wired said.
Wired’s report came as the value and popularity of vintage electronics soared in the wake of the collapse of the computer industry in the 1980s and 1990s.
The market for vintage electronics has grown rapidly in the past five years, with the average selling price for an old computer now more than $300,000.
In 2016, Apple sold 10 million vintage computers.
The online auction house eBay said in a statement on Tuesday that it was “committed to helping the next generation of gamers discover the treasures of old and build lasting relationships with the hardware that came before them”.
The report also said that there were “lots of good old-fashioned video game machines” for sale on eBay, with many of them going for as much as $1-million.
“You could go from the $500,000 Sega Genesis console, to a $3,000 Atari 2600, to the $50,000 PlayStation,” Wired wrote.
“Some machines are even worth hundreds of thousands of dollars, including one that sold for $3 million in 2017.”
Wired said that it wanted to get the equipment for the site because it “fears the future of video games”.
It also said it wanted the hardware “for the kids who grew up with the Atari 2600 and want to share their memories with their kids”.
The article says that some people might be interested in the hardware because it is “in its golden age”.
It says that there are “hundreds of thousands” of people in the UK who are collectors of vintage gaming hardware, but it does not name them.