I think older programs in general are undervalued, but virtually all are scarce. I would be very surprised if the scarcity of this particular game program had anything to do with the price. I think the most likely scenario is a bidding war where ego trumped common sense (take it from someone with first hand experience). Another explanation for unusually high prices can be shill bidding, although I’m not suggesting that that is the reason here. With that all said, the price seems unusually high to me.
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