In what appears to be a mass buyout of collectors editions and rare special sets, old school VHS tapes of Disney's classic movies are being sold for high prices online.
Growing up in the 80s and 90s meant that you've been through the era of VCR's and VHS'. VHS is the videotape cassette format through which the majority of movies were distributed prior to the introduction of CD-ROMs, and VCR is actually the name for a type of player that supports VHS tapes.
Obviously, since VHS tapes are no longer in production, there's a lot of value within them. So let's focus in on the most valuable Disney VHS tapes that are said to be worth a fortune today.
Disney VHS tapes, old school Happy Meal toys, weird fashion choices, and a whole lot of snacks that are not around anymore... Only 80s and 90s kids can relate to these vivid childhood memories! Nowadays “Remember that?” marathons are all over the web, #C https://t.co/U6agWtRkNp pic.twitter.com/rXQRJuS4x4— Latest Trending (@LTrendig) August 20, 2019
Disney VHS tapes are apparently worth thousands of dollars. However, it's not just any old Disney VHS tape. For instance, taking a closer look at eBay, we find that Disney's "Black Diamond Collection" is super valuable. These films were released between 1984 to 1994 and have the black diamond on the case or on the tape. Whereas the VHS tapes of Alice in Wonderland or Peter Pan was still selling at prices in the range of hundreds, not thousands.
Nobody:— MasterAS (マスターAS) (@SmythExpress999) August 21, 2019
Disney DVDs, VHS tapes, and Laserdiscs from 1995-2006: pic.twitter.com/mnLgP1omyK
Considering that many of the Disney classics from the 80s and 90s were made exclusively for the VHS format, and now that paradigm is nearly extinct thanks to DVD and Blu-Ray technology as well as streaming services, that means that vintage VHS tapes of classic Disney movies have certainly become prime targets for collectors to acquire.
5 Walt Disney Black Diamond VHS Tapes,MASTERIECE COLLECTION SEALED, LOT OF 35. Crazy Prices $6000.00 https://t.co/OlXtTKtptO— Cultured Kate (@cultured_kate) August 15, 2019
According to Daily Mail, the original Beauty and the Beast VHS are selling on eBay for as much as $9,000. One in particular actually sold for nearly ten thousand dollars, and an unopened “Black Diamond Classic” case, which originally sold for $20 back in the time of its release, is now worth thousands of dollars. Aside from that, a pristine 1999 edition of a Mulan VHS which has been sold for nearly $12,000. An original Beauty and The Beast VHS is currently being sold for $8,000, and The Little Mermaid VHS is going for $7,500.
"Thanks to a nostalgic 90s generation and the trend for retro home decor, VHS tapes are back and in high demand with collectors buying into the craze." said Sophie Onikul, Trend watcher at eBay "From Disney to classic movies, your old VHS tapes can be a great earner with pristine, special edition sets sometimes fetching thousands of dollars. Dust off your old VHS tapes and get listing!"
From 101 Dalmatians to Harry Potter - these are the VHS tapes selling for thousands of pounds on eBay – check your attic for one of these 💰 https://t.co/nkuwaVvMVD— The Sun (@TheSun) August 14, 2019
A 2006 Nielsen study found that more American households clearly have DVD players now than have VCRs. In 2006, all major movie studios in the United States stopped producing VHS tapes films. Circuit City announced the elimination of VHS movie titles from its shelves altogether in 2008. While this is obvious to most by now, it might explain why there has been a resurgence in the demand for VHS tapes of all the classic movies of the 80s and 90s.
Also, the other reason that Disney's tapes, in particular, are being sold for high amounts is the nostalgia factor. With Disney coming out with live-action remakes of their greatest classics, it makes sense that hardcore fans of the company will want to acquire the golden oldies and store them for eternity.
Your old Disney VHS tapes could be worth £14,000 if you flog them on eBay https://t.co/hSzDzrvlI3— lisa Maclean (@mcwillamena) August 14, 2019
But that's not all, there are also many reports emerging that this is a bogus spread of misinformation that has been floating around. There are still sellers on eBay providing Disney's original VHS tapes of their classic movies for prices like $30-$50.
Apparently many sellers have just raised the asking prices to thousands of dollars to possibly create hype and demand for them, especially for wealthy collectors. Since the eBay market place works similar to that of Real Estate, the selling price ultimately may not be so much.
They haven't sold for those prices you fucking idiots. They have been listed at those prices. A world of difference!— mick east (@eastybabes) August 14, 2019
So yes, the going rate based on actual sales is as high as $150 for some titles, but the average is $50. Beauty and the Beast, Aladdin, and The Little Mermaid are some of the ones to actually be on high demand in the Disney catalog, which the latter two fetching up to to $200 per tape.
Considering selling all my VHS Disney tapes cuz APPARENTLY they are worth like $50-$300 a tape and that’s mind boggling?? But also cool. But also I’ve decided to keep them cuz I love Disney movies thanks for coming to my open thought.— Usher Fan Account (@ellepierscionek) August 17, 2019
Walt disney black diamond vhs tapes Great offer $50.00 https://t.co/YpYfiDvpRg— Cultured Kate (@cultured_kate) August 21, 2019
The cool part about VHS tapes and audio tapes is that they are not considered household hazardous waste and can be disposed of if they can not be reused or recycled. But the funny part is that most children's VHS tapes sell very quickly and can be sold for around $4 - $6 each plus shipping if they are in good condition and $8 - $10 for good ones if they are new. That's far away from the rate at which Disney's VHS tapes are being sold for. Aside from Disney's classics, anything old that is not available on DVD will most likely be worth a good price.