I think the point is that it is making less and less sense to keep the marginal cordovan shoe in your collection. Color 8 tankers may well be worth $800 in a vacuum because they are great boots that tend to get worn a lot. However, adding the second, third, fourth, sixth (or whatever) color 8 boot makes incrementally less sense as the prices and resale values go up.
Agree, with Skoat pricing on EG, it's making the price of Alden harder to stomach. Curious what pricing on gmto Nevis would be, I wanted one but opted to have St Crispin make a similar boot.