Why Are Used Technics 1200/1210 MK2 Still So Expensive Compared to GR/GR2?

I’m in the market for a new Technics turntable, and I’m also looking at lightly used Technics models. One thing I’ve noticed: the older 1200/1210 MK2 units still sell for surprisingly high prices on the second-hand market, sometimes even comparable to or higher than the newer GR/GR2 models.

Why is that? Is it just nostalgia and reputation, or is there something about the MK2 that keeps its value so strong compared to the newer versions?