Exactly as stated above, supply and demand. There's a low supply for a lot of reasons (rarity, difficulty in collection, remote collection areas, etc.) and since there's a low supply, the cost is high.
I do remember $50 purple tangs (and $200 black tangs for that matter).
Want to really have a heart attack, start looking at things like candy bassletts, conspicuous angels, wrought iron butterfly fish, a whole array of dwarf angels, and a ton of other cool things.