Nothing audio related is overpriced. Don’t buy it and it won’t be worth anything. Asking price means nothing. Just saw an add for Wavac amps, suggested retail is $350k. I’d say there are at least 100000 people in NYC area who can afford it.
Recently I took a look at all speaker offerings on Audiogon. To my regret, I think I found only two pairs that I would consider if I could afford them. Very different speakers - $10k JM Labs Utopia and $20k Lansche. And judging by various accounts they are worth the price.