I believe most of these crazy priced corals are basically only bought by people looking to make money off of them.
The only way to truely get corals for what they are actually worth is to deal with people who have been in the hobby for a long time and know what is rare and what is not. Going through vendors to find rare high dollar stuff is just more expensive in every way and risky in some situations as well. Highlighted by all the people in this thread giving warnings about buying from a certain person.
Normally I give away tiny frags of nice stuff for free but this is not even a tiny frag, it’s barely a coral yet and I don’t think it’s right. Major discounts should come with a “frag” like this. Honestly I see this becoming an easy way for vendors to make money and I don’t want any part of it. They can cut a tip off and have it grow back in a few days and profit greatly, buyer taking all the risk and waiting a year to see it become even a fragment.
The future great coral sellers are going to be the ones who can provide large frags and keep a large selection for sale. These days only a couple guys fit that description.