Yes, this is the collector's auction. The only thing I find sad about it is the fact they will never play that piece. Playing an original first edition authentic would be number 1 joy, after getting one. But, nope, it will just be there on some shelf, perhaps under alarm.
I had always thought emulation would tend to drive the price of the physical copies down, but I guess it doesn't work that way.
Yes, it doesn't. There is something in the authentics that people like no matter what. Well actually there are two aspects. 1) Think of the magic/yu-gi-oh/pokemon cards. There are fakes that god-knows-who does that are made incredibly well and cost four-six times less, they are distributed just as originals, and follow everything (except they can't be holo). You could easly buy 6 boostersinstead of one, build cards yand decks you want, make your own organisation and play with fakes. But the thingy in your brain just rings you "It ain't real.". Second aspect is the different experience. Think Chrono cross on emulator. First you have to find an appropriate ISO and emulator, and mend the files. That is aumatic joy-kill because you bother with technicalities instead of just inserting the disc into Playstation that does wonders - it doesn't make you do anything but display your next all-time favorite, and all it wants from you is press the right buttons. Sometimes even that isn't needed. Next, you have to set up the setup, configuration, and options in order to approach the game's visuals, sound, and rendering to the playstation original which means that you'll be runing game 20 times before you make it work, and even then it won't really look like on playstation - which doesn't bothers you with that, it renders the game in perfect condition. Next, if you want to enjoy it as you enjoy it on PS, you need to buy yourself a PS-style controller with lengthy wire and appropriate functions that has the usb cable. But you didn't get the nice booklet, and it isn't in that sexy heavy case that has "ORIGINAL" written all over it, and you don't have much support. The list just goes and goes...and that's with all kind of fakes, not just multimedia. For example, the above-mentioned cards. Yeah charizard Ex is a real joy to have, but...um...it's not holo. It doesn't shine, and it doesn't look smooth, and massive. It kills the joy, which is why originals have this power in value, and frankly, at some point worth every penny - if you can afford so.