However, now that the set has been on the market for a little less than a year, and a new generation of OLED TVs expected to arrive later this year (2014), it seems that the price for the 55EA9800 is starting going down significantly, with LG posting a new suggested price of $7,999.99 and some retailers beginning to sell it for an "affordable" price of $6,999.99.
Update 3/16/14: It looks like the price for LG 55EA9800 OLED TV has been lowered again - to $5,999.99.
OK, so even at around $6,000 (don't forget to add any taxes, shipping, or delivery charges) it isn't exactly affordable when you consider that you can buy major-brand 65-inch 4K Ultra HD LED/LCD TVs for a about $1,000 dollars less, and a high-end 55-inch Plasma or LED/LCD TV is less than half the LG's price, but the price continues to head in the right direction.
In fact, I remember when the first 50-inch Plasma TVs came out, which bolstered a whopping 1024x768 screen resolution for about $20,000. If you were one of those that purchased one, feel free to let us know in comment section for this blog post.
For added perspective on the LG OLED TV price drop, read the report from TV Predictions.