little bit long but i like it:
Yep, stumbled upon that video a few days ago.
With all the "record-breaking" retro game auction news of recent I was getting very suspicious, but after vids from Karl Jobst, Pat the NES Punk, and few others it finally started to make sense.
Supply and demand made this price.
THIS price has nothing to do with supply and demand. It was made[-up] as a result of a conspiracy between "grading agency" and an auction house.
It has nothing to do with collecting or supply/demand, but has everything to do with creating hype and luring rich investors into a very-very unfamiliar territory.
Key word is "investors", not "collectors".