Just wanna point out your asking people to predict the market
Can it go up? Of course!
Has it peaked? Maybe
this post was submitted on 26 Jun 2023
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Just wanna point out your asking people to predict the market
Can it go up? Of course!
Has it peaked? Maybe
It will probably continue to increase. No more are being produced, and the more worthwhile ones are being added to collections and taken off the market, so what's left on the market is increased in pricing. Some also become lost or destroyed over time. It may come down when buyers are no longer interested - maybe that means the people who fondly remember NES games have passed on, so this would take a while.
Don't forget to include inflation. In the US it's more than 75% since the year 2000.
I think it can keep going up.
Peaked? No, not unless another production run happens. They will fluctuate, but you should have every expectation that 500 years from now, an original cartridge of Mario/Duck Hunt will be pretty damn valuable. Much less the actually rarer ones that will have stopped existing outside of digital and pirated physicals.