Not to derail too much, but are any of you deep into other hobbies?
I play a card game that have a small pieces of cardboard that goes for thousands and thousands. It is the same cardboard as the $1 card, though. It just happens to have a different picture and is a far more desired card. And people buy these $$ cards all day long. I watched one go for over 8k this week.
Probably a less "good" comparison, but: That classic car that your grampa drove off the lot for $1,000 is now, well, a lot more. Harder to come by, people want it, and no more are being made (not relevant in our hobby?).
Seems like this is the case in nearly every hobby. I can probably think of an example for a good 75% of hobbies out there.
This torch and that torch are the same thing. But they look a bit different. If a specific few are vastly more sought after, why would their prices NOT be higher? My friend has a torch he paid $300 for and it absolutely blows my two 50/100 or so torches away. He regrets nothing.
All this talk about torches, but aren't most corals this way, though? Zoas and acros are the ones that stick out to me the most. An easy example would be between Pandora zoas and something like AOIs. Pandoras are a dime a dozen, grow dumb fast, and ugly as sin. The AOIs are a bit harder to come by at times, grow a bit slower, and look WAY better (opinion based comparisons here). So, it would make sense that the Pandoras are pennies and the AOIs bring in a higher price tag. (I realize that AOIs aren't the $500+ zoas that some mentioned, just first example that came to my head)
Now... with that being said. I would definitely like it if prices dropped, but I can also understand why "some" prices are where they are. People want them and people are buying them. Sucks for those reefers that don't have the desire or ability to throw that much money at what they want, though (legit, not being sarcastic here).