I agree it's insane. A vehicle of that nature shouldnt sell for that much.That's insane.
However, consider the comps. A prestine 1985 CJ7, K10, etc would easily sell for ~$20k. The market is cyclical, the generation who "grew up" with those vehicles have the disposable income to relive their glory days with the iconic vehicles of the time.
Much like how you lust over the Model T :flipoff2: