Because this is exactly what happened with class only armor/weapons, triple melds selling for 10mil+, giantsgall weapons, sellable militia gear, explorer's jewelry, etc... NOT. None of these pieces have dropped drastically in price just because no one is buying them. Players want their money. You either pay up the 6mil+ or you're not buying my Militia Bracelets. They can stay in wards til Judgement Day but I'm not going to drop them down to 600k.
EDIT: Also, I'm going to go out on a limb here and say he didn't have 71.8mil in 1.0.