Money

VHS tapes of classic films like ‘The Goonies’ being sold for thousands


Don’t throw away those old VHS tapes just yet.

Recent VHS tapes of iconic movies like “Back to the Future” and classic Disney films are being sold for hundreds and even thousands on eBay.

Video cassettes are a rarity in the era of streaming. If you have a classic and the tape is in the right condition, you’ve got a treasure in your hands.

VHS owners should know that tapes degrade 10% to 20% throughout 10 to 25 years and footage can be jagged as the tapes age, according to photography company Kodak. Tapes don’t last for long due to remanence decay of the magnetic charge, causing blacked-out scenes, discoloration and eventually, entire loss of footage.



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