A class-action lawsuit has been filed against Wata Games, accusing the grading company of manipulating retro video game values.
✖ Over the last few years, retro video game enthusiasts have seen prices for older games skyrocket. However, some believe that those prices have been artificially inflated by the grading company Wata Games and Heritage Auctions. A class-action lawsuit has been filed against Wata in the Central District of California by plaintiffs that paid for the company's services.
At the crux of the accusation is the fact that Wata charges customers a higher percentage for grading based on the game's market value. As such, Wata benefits when a game's value increases. In 2019, a Wata-graded copy of Super Mario Bros. for the NES sold for $100,150, breaking a previously-set record for the most expensive game ever sold; in 2017, a similar copy of the game sold for about $30k.
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