Originally Posted by Majin SSJ Eric
Actually, scalping (at least ticket sales) is already illegal in 15 states so they do not necessarily have the right to do it. Secondly, the fact that they are buying up all the cards en masse to resell for profit is precisely the reason that the poor consumers who are just wanting to get a card for their personal use are having to pay these ridiculous scalper prices in the first place. If there were federal legislation against scalping that covered everybody then this wouldn't even be an issue and its something I think the Congress really should look into (obviously video card sales are too small for the government to care about but this sort of thing happens in a lot of bigger industries and should be regulated IMO).
Well, we're using scalper too loosely as a term. They aren't really scalpers as you would normally associate with tickets. They are owners just like you and I, regardless of purpose. You have that same right. If you, say, have a old AGP card lying around, you would sell it super cheap to what you feel the price should be. On the flip side, you could easily try to sell that card for $500. It doesn't mean anyone is going to buy it, but you are free to do so. There is no regulation that says you can't sell it for $500. However, that could be the "collectable value" of the item. If one has the funds to buy an item, and know that people are in demand of this item and not many are available, then nothing would stop them from turning around and selling it for much more than what you paid.
I am a part of a vintage audio community that most of what we talk about is the blank media. (i.e. cassettes, open reel, etc.) Granted, it's a very outdated and obsolete format, but it's still relevant to people. One of the biggest complaints we have had in the past is the eBay sellers that have put up blank cassettes for exorbitant amounts. We're talking sealed new old stock (NOS) that had either been sitting in a basement, closet, or attic for many years. Some that are over 30 years old. While great quality cassette tape is technically still being manufactured in bulk for a US dollar or two at most, people still have a need for the "classics" that used to exist.
Sellers know there are people that still dabble in making recordings on high quality of cassettes, and will scour places like thrift stores or even Craigslist to find tapes being sold by people who don't realize its demand. These sellers buy super cheap, and then turn around and sell it on eBay (usually) for a huge mark up. Try to look up some metal bias tapes on eBay, and you'll see how much they go for. Especially considering that at the end of metal tape's run, they were selling for roughly $3 a tape.