Full disclosure, I sent a PM to Miami asking about this game prior to seeing this thread.
Miami admits that he moves a lot of games. In general, that tells me he has a pretty good pulse on what games sell for. Rare games like this, that have no sales data, make it tougher to estimate the price. However, in this case, both the buyer and seller were aware that it was a rare game. While the seller may not have had a good feel for pricing of games in general, Miami did. I'd expect he paid a fair price for the game.
Given that Miami can't keep the game due his circumstances, he's now looking to move it on to someone else. While I'm hoping he'll take a modest profit for his efforts and sell it to me (assuming it's a price I can afford and am comfortable with), I most certainly do not blame him for trying to maximize his profit. He found the game, what he does with it is his business.
Basically, all of us are guessing at what this game might sell for. In the end, it's the same story - the game is worth what someone is willing to pay for it. If he wants to maximize his profits then it seems like an Ebay auction would be the way to go. Advertise the sale and then let the market do what it does.
I feel pretty confident that when he started working on getting this game a year ago he wasn't thinking about how fast he could sell it or how much profit he could make. It sounds like his circumstances have changed and now he wants to sell this game. He's just looking for the best avenue to do so.