Can you play all Zelda games on the legend of Zelda collector's Edition?

No there are only 4 games on the Collector's Edition and a 20 minute demo of Legend of Zelda Wind Waker, the other 4 Games are:

• The Legend of Zelda.
• Zelda 2: The Adventure of Link.
• Legend of Zelda Ocarina of Time.
• Legend of Zelda Majora's Mask.