The company that graded the million-dollar copy of Super Mario 64 has a new owner

Wata Games, the company that graded the recent record-breaking copies of The Legend of Zelda and Super Mario 64, has been acquired by Collectors Universe, which grades coins, trading cards, and other collectibles and memorabilia. The purchase signals video games’ growing prominence in the world of collectibles, which has seen significant interest recently due to the skyrocketing value of things like Pokémon cards.

“Collectibles across categories, including trading cards and sports memorabilia, are now firmly considered an alternative investment class by both hobbyists and investors,” said Nat Turner, executive chair of Collectors Universe, in a press release. “With those categories seeing a stratospheric rise recently, we’ve identified...

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