Wait for it: Last-minute tickets pay off with cheaper prices

Lin-Manuel Miranda’s hit Broadway musical “Hamilton” has been arguably the hottest tickets to ever hit Broadway. According to its producers, Hamilton broke records for pre-sales before its Broadway debut last summer, and recently, producers raised the price of 200 premium tickets from $475 to $849, making it the most expensive premium ticket on the Great White Way.

So it’s no surprise that prices on the secondary market have been similarly off the charts. While tickets going for more than $300 may have seemed expensive when it first opened, prices that cheap have been difficult to find in recent months.

Ticket prices reached a high point last Saturday for Miranda’s last performance as title character Alexander Hamilton. Tickets on StubHub were listed (not necessarily sold) for as high as $60,000 and $30,000 after fees. But in the few hours before the performance, ticket prices across the board began dropping.