Summary – Sad story of a sixty dollar console costing an arm and a leg.quoted from one of Amazon user's Nintendo NES Classic Edition Console review: https://amzn.to/2Gid1mP
I also found similar one from customer Q&A sections @ #Amazon's Super NES Classic item page
Q: Will we ever have a chance to buy this?...
A: ...am willing to pay but when you make it impossible to get except rip-off-bay it makes it meaningless that....
Simply put - Nintendo didn't make enough products and they just kept trying to shutdown the productions because they wanted sell their other main line product like Nintendo Switch.
Here is evidence of what I said was probably true:
Despite the positive reception, journalists were confused about Nintendo's decision to discontinue the unit as announced in April 2017. Nintendo did not say at launch that the system was meant to be only a limited run, and its...quoted from Reception section of NES Classic Edition - Wikipedia
Their products are selling so well but they were simply stop producing the product. Does it make sense to you?
Nintendo NES Classic immediately sold out
The NES Classic immediately sold out when it was first released in November 2016, with resellers charging hundreds of dollars for the popular product.quoted from Nintendo's NES Classic and SNES Classic are going out of production - The Verge
more details from Scalping and bootlegs section of NES Classic Edition - Wikipedia
This, coupled with the extremely high demand, prompted internet scalpers to buy as many as they could, so they could resell them with extreme price markups. In the US, prices were commonly set between $200 and $500, compared to its launch price of $59.99.
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