Yes, I know it is only one card. And yes I know that this could sell out in the next 10 minutes and be nothing, but I was so interested, excited and curious about this that I wanted to put together a news post. I just found a Radeon R9 290X card selling for $549 on Newegg.com. That is the normal, regular, non-inflated, expected retail price.
You can get a Powercolor AXR9 290X with 4GB of memory for $549 right now, likely only if you hurry. That same GPU on Amazon.com will cost you $676. This same card at Newegg.com has been as high as $699:
Again – this is only one card on one site, but the implications are positive. This is also a reference design card, rather than one of the superior offerings with a custom cooler. After that single card, the next lowest price is $629, followed by a couple at $649 and then more at $699. We are still waiting to hear from AMD on the issue, what its response is and if it can actually even do anything to fix it. It seems plausible, but maybe not likely, that the draw of coin mining is reached a peak (and who can blame them) and the pricing of AMD GPUs could stabilize. Maybe. It's classified.
But for now, if you want an R9 290X, Newegg.com has at least one option that makes sense.