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.
OK, so it isn't exactly affordable when you consider that you can buy a 65-inch 4K Ultra HD LED/LCD TV for a couple of thousand dollars less, and a high-end 55-inch Plasma or LED/LCD TV is less than half the LG's price, but at least the price is heading 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.