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Nintendo World Championships Grey Cartridge
Wata 8.5, Grey Cartridge, NES
$
10
.00
IPO SHARE PRICE
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Artist Profile

About

To celebrate their 100th anniversary in 1990, Nintendo launched its first annual nationwide video game competition series: the Nintendo World Championships. Throughout the games, contestants played a special Nintendo World Championships cartridge for NES which contained 3 minigames: Super Mario Bros., Rad Racer and Tetris. 26 gold cartridges of the game were distributed to Nintendo Sweepstakes winners. At the same time, parents of contestants became irate that their children did not get one. Officials then decided to give the 90 finalists grey cartridges, though some cartridges were also given to Nintendo employees. People speculate that between 350 - 400 copies were ultimately produced, but the number that still exists and is in good condition is much smaller. Therefore, this cartridge is considered to be the one of the most valuable NES cartridges ever released.


Today, many view the Nintendo World Championships as the genesis of eSports, making the NWC cartridges the “holy grails” of video game collecting. This copy is one of the highest-graded versions of this game. There are only two known Wata 9.0s and our Wata 8.5 offering is the third highest grade known. The high-grade cartridge is all the rarer given that the game was released over 30 years ago without a box and has since traveled around the world. 


Highlights

The Game
This copy is one of the highest-graded versions of this game. There are only two known Wata 9.0s and our Wata 8.5 offering is the third highest grade known. This high grade cartridge is all the rarer given that the game was released 30 years ago without a box and has since traveled around the world.
Recent Sales
Given the scarcity of this game, there are no recent direct comparables. However, in April 2021 a "Super Mario Bros." cartridge sold for $660,000 at auction, setting a new all-time high for video games and effectively lifting the ceiling on the market.
Cultural Significance
To celebrate their 100th anniversary in 1990, Nintendo launched its first annual nationwide video game competition series: the Nintendo World Championships. Throughout the games, contestants played a special Nintendo World Championships Cartridge for NES which contained 3 minigames: Super Mario Bros, Rad Racer, and Tetris. 26 gold cartridges of the game were distributed to Nintendo Sweepstakes Winners. At the time, parents of contestants became irate that their children did not get one. Officials then decided to give the 90 finalists grey cartridges, but some cartridges were also given to Nintendo employees. People speculate that between 350 - 400 copies were ultimately produced, but the number that still exist and are in good condition is much smaller. Therefore, this cartridge is considered to be the most valuable NES cartridge ever released.
Risk
There is a possibility that more copies of this game exist. If these copies enter the ecosystem and are highly graded, the value of this game could decrease. Additionally, this category has grown significantly this past year, and there is a possibility that such growth isn’t replicable going forward.

Details

The Game
Nintendo World Championship
Console
Nintendo NES
Year
1990
Game Grade
8.5
Certification Number
577710-001

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Risks

This investment is speculative and involves substantial risks to consider before investing, outlined in the Offering Circular and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment.
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