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Mine was the NES which I didn't get until '97, the thing was probaly worth less than $50 at that time. 

I was 5 though, and had no idea what a console was.The NES was the perfect introductory console, it was just magical...

The first console that I got with my own money was the PS2 though, which was the best console I've owned, by far.I feel that when you only own one console you get to appreciate it way more.