Gauntlet IV
Gauntlet IV — frequently asked questions
- What platforms is Gauntlet IV on?
- Gauntlet IV was released on Sega Mega Drive/Genesis.
- When did Gauntlet IV release?
- Gauntlet IV was first released on October 16, 1993.
About Gauntlet IV
Choose again from Thor the Warrior, Thyra the Valkyrie, Merlin the Wizard and Questor the Elf (each with their own advantages/disadvantages) and 1 to 4 players(supports Sega's four-player adapter). Alongside the standard arcade mode, there are the Quest, Battle and Record modes. Quest Mode: Defeat the four towers and solve the mystery of the ancient castle; weapons can be bought with collected gold from merchants in the main hub area, where you can also choose which tower to take on next. Experience points are good for increasing your stats. Battle Mode: Fight your fellows to the death. Maps can include teleporters/monsters/items etc. Avoid exits(or you'll be out of the round). Record Mode: Arcade mode with some variations such as a password continue, also you can't die - although points will be lost for every 500 health lost.
Summary via IGDB.
Gauntlet IV on Wikipedia
Gauntlet IV is a 1993 action video game developed by M2 and published by Tengen for the Sega Genesis. It includes a four player port of the original Gauntlet, as well other exclusive modes such as a new RPG Quest Mode and head to head battle mode, it was well received by critics.
Source: Wikipedia (text under CC BY-SA 4.0).
Game details
- Developer
- M2
- Publisher
- Tengen
- Game modes
- Single player, Multiplayer, Co-operative
- Themes
- Action
Details via IGDB.
Every version compared
Prices, contemporary reception and the studio credited for each release
| Platform | Year | Loose | Complete | Sealed | Period reviews | Fake risk |
|---|---|---|---|---|---|---|
| Sega Genesis | 1993 | $50 | $81 | — | 8 reviews | Medium |
Also released on: Sega Mega Drive/Genesis. We haven’t priced or authenticated that version yet.
Collector value & authenticity
Sega Genesis · PriceCharting sold data · Verified 2026-10-29
Other releases and variants
| Release | Loose | Complete | Sealed |
|---|---|---|---|
| Cardboard box release | — | $74 | — |
| European (PAL) release | $29 | $68 | — |
| Japanese release (Gauntlet) | $171 | $212 | — |
How often it sells
- Loose: about once a week
- Complete: about once a week
- Sealed: about once a year
Sales frequency from PriceCharting's completed-sale records, as of 2026-10-29.
Price over time
- Loose
- Complete
A loose copy sold for about $7.32 in Oct 2007, $44 five years ago, and $50 as of Oct 2026.
Show as table
| Month | Loose | Complete |
|---|---|---|
| Jan 2008 | $5.84 | — |
| Jan 2009 | $6.00 | — |
| Jan 2010 | $6.39 | — |
| Jan 2011 | $4.12 | — |
| Jan 2012 | $9.74 | — |
| Jan 2013 | $8.59 | — |
| Jan 2014 | $9.99 | $19.99 |
| Jan 2015 | $14.69 | $27 |
| Jan 2016 | $21 | $35 |
| Jan 2017 | $17.98 | $33 |
| Jan 2018 | $25 | $37 |
| Jan 2019 | $23 | $39 |
| Jan 2020 | $26 | $40 |
| Jan 2021 | $23 | $56 |
| Jan 2022 | $37 | $68 |
| Jan 2023 | $46 | $82 |
| Jan 2024 | $40 | $75 |
| Jan 2025 | $39 | $70 |
| Jan 2026 | $50 | $80 |
| Oct 2026 | $50 | $81 |
Monthly price estimates from PriceCharting's completed-sale records, sampled quarterly, through Oct 2026.
Release record
| Territory | Date | Product number | Barcode |
|---|---|---|---|
| North America | September 1993 | — | 031763067504 |
| Europe / PAL | November 1993 | — | — |
| Japan | 17 September 1993 | T-48123 | 4991425000149 |
- Region
- NA+EU+JP
- Released
- 1993
- Authenticity
- Med
A four-player dungeon crawler with extra modes, and one of the pricier US carts.
Gauntlet IV was developed by M2 and published by Tengen, and it came out on the Genesis in North America in September 1993, in Japan as Gauntlet on 17 September 1993, and in Europe in November 1993. It includes a four-player port of the original Gauntlet and adds a role-playing quest mode and a head-to-head battle mode.
Electronic Games noted it as the first Tengen game to use the adapters that allow four players. Mega praised its lasting appeal as huge fun and a must-buy.
What the press said at the time
| MegaTech Issue 25 | January 1994 | 94% |
| MegaTech Issue 26 | February 1994 | 94% |
| MegaTech Issue 27 | March 1994 | 94% |
| MegaTech Issue 30 | June 1994 | 94% |
| MegaTech Issue 33 | September 1994 | 94% |
| MegaTech Issue 34 | October 1994 | 94% |
| MegaTech Issue 24 | December 1993 | 94% |
| Mean Machines | 94% |
“| compliment Tengen for a perfect translation. Gauntlet fans should be ecstatic.”
“This IS the coin-op in your front room. Every feature of the original is here, including the atmosphere and amazing playability.”
“Atari's older-than-old-itself coin-op is converted to the Megadrive by Tengen - and brings back all the old feelings of nostalgia. This alone is not enough to make a corking game, thougn, so it's rather smart that Gauntlet contains all the playability of the old arcade machine.”
“The classic coin-op from the mid-'80s finally converted to the MD, and it's not just arcade-perfect, it's arcade-better I You get not only the original version, but also three other modes and up to four-ployer simultaneous d'^ion ^ too. A classic.”
Undated scores are from the review table in the game's Wikipedia article, limited to reviews of the Genesis version.
Before you buy
Among US carts it is one of the pricier ones. The European cart usually costs less than the US one, while the Japanese cart usually costs much more. Sega Retro lists it as working with both EA's 4 Way Play and Sega's Team Player. EA's 4 Way Play and Sega's first Team Player do not run each other's games, while Sega's later Team Player (MK-1647) runs both in its EXTRA mode. A cardboard-box edition is priced separately from the plastic-case copy. For this much money, ask for a photo of the board.
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