It's called supply and demand. Every so often 1 more Alpha Crux is drilled, or does, leaving only 50 or so NIB in the world.
Will a 2020 Camaro get you from A to B? Sure will, does that make a 1969 Camaro worth any less? Nope. Everytime someone totals or customizes(drills) a 69 Camaro, the remaining untouched\undrilled ones have a smaller supply, become harder to find, but their demand never changes.
Economics 101.
Not everyone wants a classic car, in fact the vast majority of people would scoff at the price they're worth. That's fine, but it doesn't change the reality that as long as people with knowledge of that car continue to pay and transfer ownership of that make\model for equal or greater costs each day, then the price is perfectly reasonable.
You might scoff at paying $500 for an Alpha Crux, but they sell within the first 24hrs of being posted for that price. You don't have to agree, but you should try to understand.
In the grand scheme, bowling is such a cheap hobby. A $500 bowling ball pales into comparison to a single club in my golf bag, that get replaced equally as often, and I have 14 of those. That's before we even talk about $50 rounds of golf vs $2 bowling games, and every golf ball I lose adds to the tally of each round. Range finder, tees, gloves, dress codes, yadda yadda.
Perspective matters. If you don't wanna pay $500 for a rare collectors ball, I completely get it. If you aren't interested in a $80k Corvette, I get that too. But trying to rationalize it as if a Prius will get you from A to B the same way, is laughable at best.