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BREAKING NEWS: A Major Scandal at the Heart of a New "Alternative Asset Class" Market Is Clearly About Something Other Than Vintage Video Games
Video Games

BREAKING NEWS: A Major Scandal at the Heart of a New "Alternative Asset Class" Market Is Clearly About Something Other Than Vintage Video Games

The bizarre actions of video game grading house WATA—including a new statement to RETRO—raise questions about whether an alternative-asset market bubble is about to burst. Fallout could be huge if so.

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Seth Abramson
Aug 30, 2021
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BREAKING NEWS: A Major Scandal at the Heart of a New "Alternative Asset Class" Market Is Clearly About Something Other Than Vintage Video Games
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Introduction

Given that video game grading house WATA was bought out just a few weeks before it found itself embroiled in a massive scandal relating to alleged conflicts of interest in its grading of video games, one might think that its new parent company, Collectors Universe, would simply clean house—removing from their positions the very small group o…

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