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March 2020 Retro Gaming Article


March 8, 2020 Retro Gaming Blog Post:

The tale of the million-dollar Nintendo Playstation prototype keeps getting stranger

Nintendo Playstation prototype
The owner turned down $1.2 million, for the rare prototype to sell for much less at auction to a former pet store owner!
The gaming world went nuts at the idea of Sony and Nintendo partnering on a video game console. Nintendo went to Sony to develop a CD add-on for the SNES. The deal fell through, but about 200 prototype consoles had been made. Twenty-five years later, only one of the prototypes is "known." Terry Diebold seems to have haphazardly acquired the unit, in a bin for $75, from some sort of bankruptcy sale - I believe.

The unit was identified and verified, then an offer was made for $1.2 million! In many cases the first offer is probably a low-ball price by someone hoping to get a better deal. Diebold said no, thinking an auction would bring in more money. Heritage Auctions was selected to handle the auction.

At the close of the auction, the final bid was around $380,000. Go Nintendo reports Greg McLemore, the founder of Pets.com, had the winning bid. Selling his pet company to Amazon left him with enough money to buy stuff like this. His intention seems to be creating a video game museum in which to put this unique prototype on display.

Nintendo Playstation prototype

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