A M4A4 Howl has set a new record in the CSGO skins market
When Valve introduced CSGO skins through its “Arms Deals” update in 2013, it has been widely known to disrupt the gaming industry with one of the most lucrative virtual item markets in the world. This year, another record is broken.
Counter-Strike: Global Offensive (CS:GO) has cemented its position as one of the most popular multiplayer first-person shooter (FPS) games in the world. The success is partly attributed to the introduction of CSGO skins, which was introduced to the gaming community back in 2013 through its “Arms Deal” update. Since then, this online game has garnered a cult following of avid CSGO and Counter-Strike players and is easily the top four esports games so far.
Also, CSGO has a bragging in the wider gaming ecosystem as they do possess some of the most loyal and invested players in the FPS genre. And when we mentioned “invested”, we do mean players spending real money onto CSGO skins that are actually virtual cosmetic items for their favorite weapons. Moreover, the lucrative CSGO skins market has recently set a new world record with the most expensive transaction ever in CSGO’s history this year.
Because of how massive the CSGO skins economy is today, it is not uncommon to see some of these weapon skins sold for a hefty price tag. To put it into better perspective, the official Steam Market has processed millions of dollars worth of CSGO skins transactions on a daily basis. This figure does not include the sales in other reputable third-party CSGO skins marketplaces such as SkinCashier. According to a 2018 report, it was estimated that the entire CSGO skins industry is worth an incredible $50 Billion, and it is expected to continue its growth relative to the increasing number of CSGO players worldwide. And truth be told, Steam has registered its all-time record of more than 20 million CSGO players playing the game within a 24-hour time span in March this year.
More people have also joined the CSGO ecosystem after discovering the profitable CSGO skins market, hence there are more CSGO skins collectors who are willing to spend up to thousands of dollars on rare CSGO skins such as the AWP Dragon Lore or Gungnir due to their demand and scarcity.
The previous record of the priciest CSGO skin sold was an autographed Souvenir AWP Dragon Lore by the 2018 Boston Major’s MVP Skadoodle. It had fetched a valuation of $61,000 after it was sold to a CSGO skins collector. But it was not before long that the astonishing record was broken by another CSGO skin’s transaction this year. And that CSGO skin in question, is a StatTrak M4A4 Howl.
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M4A4 Howl with iBUYPOWER Katowice 2014 stickers
The controversial backstory of the original M4A4 Howl has created a huge demand over the discontinued CSGO skin design. The original M4A4 Howl has seen incredible price valuation in CSGO skin marketplaces over the past six years as collectors flocked to these platforms to buy the remaining contraband CSGO skins available in the market.
This is not to say that all M4A4 Howl skins available today will be worth as much as the original CSGO skin. It is worth noting that only M4A4 Howl with the original design will command a higher price point in CSGO skins marketplaces like SkinCashier. That said, you may be in for a ride if you do possess another original M4A4 Howl with iBUYPOWER Katowice 2014 stickers as the wild world of Chinese CSGO skin trading could be a whole other story in of itself.
It was not until recently that M4A4 Howl has gained a renewed interest within the community, as an original M4A4 Howl with iBUYPOWER stickers from Katowice 2014 have appealed to CSGO skins collectors from all over the world. The rarity of this CSGO skin is likely attributed to the sticker and the limited quantity of the original M4A4 Howl in the market, hence making it one of the hottest collector items on the market.
According to a July 2020 Twitter post by CSGO economist ohnePixel, a Chinese CSGO skins collector paid $130,000 for the ultra-rare StatTrak M4A4 Howl (0.003 float rating) with four iBUYPOWER Katowice 2014 stickers on it, setting a brand new record skin price in the CSGO history. On the contrary, the price for a Factory New (0.009136963 float rating) StatTrak M4A4 Howl (without IBP stickers) is estimated to be valued at $5,180, which pales in comparison with the former.
The transaction of this controversial weapon skin has proven once again that CSGO skins is an virtual asset class which cannot be ignored by the gaming industry.
The Infamous Story of M4A4 Howl
The Howl should be a familiar CSGO skin among active CSGO players in the community. It is a contraband CSGO skin that became an overnight sensation after a news scandal revolving around the legitimacy of the design in 2014. It was the same year that the CSGO market saw an exponential growth and popularity among the CSGO community, whereas players can customise their weapons with cosmetic upgrades in the form of various CSGO skins.
Additionally, players can trade CSGO skins via the Steam Market, as well as contributing new CSGO skins design on the CSGO Workshop. It is through the workshop that the community could pick the best skin design and CSGO skins designers would be rewarded monetarily.
Many designers have since utilised the CSGO Workshop as a way to promote their artworks, either for fame or real money rewards. And this is where the Howl design was born.
In 2014, two self-proclaimed designers Auzzii and SiC, uploaded a CSGO skin and sticker design to the workshop. The “Howling Dawn” design later received more than 4,500 positive ratings within the community, making it the finalist design of the workshop. Auzzii has described in his entry submission that his artwork is an interesting illustration of his dog, as it was the complete opposite to a wolf, thereby portraying his pet in the design as a fiery wolf.
M4A4 Howl was included in the Huntsman collection
The “Howling Dawn” design was eventually picked as the new M4A4 skin by the CSGO team and has included the M4A4 Howl in the Huntsman collection, and the only way players can obtain this CSGO skin is through case openings. At the same time, Auzzii and SiC both received their monetary rewards as a result of that winning entry.
While it may appear initially that the design submission seemed to be a relatively easy process for the two “artists”, as they received real money rewards for a design that was not exactly theirs, but the CSGO community loved the M4A4 Howl anyway. Unfortunately, their rewards for that winning entry were short-lived, as the original artist who made the design for the M4A4 Howl soon discovered the fraud.
A DeviantArt user CanisAlbus was tipped off by online sources that his artwork was stolen by Auzzii and SiC, who went on to claim his design as theirs and submitted his artwork in a contest in CSGO. Angered with what had happened, he took legal action for the copyright infringement of his artwork, hoping for the design to be removed on CSGO.
Valve received a takedown notice from Digital Millennium Copyright Act (DMCA) and consequently, the Howl and five other CSGO skins that SiC had worked on were taken out from the Huntsman collection. Eventually, the M4A4 Howl CSGO skin became a contraband item and those who did not own this skin would not have the chance to obtain the original version again, as Valve released a new version of the M4A4 Howl as a replacement to the original design.
As a result, M4A4 Howl with the original design was regarded as limited edition CSGO skins. Surprisingly, Valve did not seek the surrender of any of these original design CSGO skins and those who owned these skins can safely possess this controversial CSGO skin in their inventory.
Lesson learnt from this $100,000 CSGO skin
If there is any takeaway from this incredible CSGO skin purchase made recently in July this year, it is a reminder to anyone who owns reasonably valuable CSGO skins and stickers to keep these items in the Steam inventory. Knowing the exceptional sales record set by AWP Dragon Lore and M4A4 Howl, we can be sure that in the near future more record-breaking CSGO skins will be unearthed by collectors.
Another point to note is that these transactions could also influence the CSGO skins market in a positive way. In fact, the CSGO community seems to maintain a rather robust market for buying and selling CSGO weapon skins. It is almost certain that anyone with rare CSGO skins are able to sell at a profit these days, as more people are intrigued into getting rare skins for collection or investment purposes. Either way, it is a win-win situation for CSGO skins buyers and sellers, and the entire CSGO ecosystem could benefit from the striving market of CSGO skins trade.
If you do decide to sell your CSGO skin, head over to SkinCashier today as we offer a safe and secure way to sell your CSGO skins for real money, and even cryptocurrencies. Real-time prices of these CSGO skins can be found on our platform. So, reevaluate your Steam inventory and appreciate its worth in the months and years to come!