By Jennifer R Jones | Posted on September 18, 2017 4:23 PM
Hamilton tickets on the secondary ticket market dipped below $300, the first time in its run, indicating that demand is slowing down for this mega musical
Hamilton Tickets in Trouble. The Show Appears to be Losing Its Edge as Show Competition Grows and the Brand Is Diluted


Hamilton Productions in London, Chicago and San Francisco Keep Tourists away from NYC
In addition to the other popular new shows on Broadway attracting fans away from Hamilton, there are other productions of Hamilton now popping up all over the world. For instance, Hamilton is playing in Chicago at the CIBC Theater, formerly named the PrivateBank Theater, in San Francisco at the Orpheum Theatre, and also across the pond in London at the Victoria Palace Theatre. In this situation, theatre fans who live in these cities will not need to travel to New York City in order to see Hamilton. Instead, they can catch this world famous show in all its glory, locally. As the Broadway production no longer has the original cast, with Lin-Manuel Miranda having moved on long ago, the regional and international productions are just as enticing as the home grown New York City production. In London, Hamilton will begin performances on December 6, 2017 at the Victoria Palace Theatre. While this is two weeks later than originally planned, the delay due to construction work taking longer than expected, as the Brits insist on having their tea breaks, this is still just around the corner; British theatregoers will soon not have to cross the Atlantic to see Hamilton. According to The Guardian, the early performances of London Hamilton had tickets available on the secondary market for as much as £2,800. As for San Francisco, the opening night performance on March 10, 2017 had tickets listed for as high as $15,000, for the third floor balcony nonetheless, and the following days performances have Hamilton tickets listed for as high as $3,333. Especially as the San Francisco production is a limited run, which was scheduled to run only until August 5, 2017 at the Orpheum Theatre, Hamilton tickets were particularly in high demand - and Silicon Valley hotshots have money to burn. As Hamilton continues to work its way around the globe, the Broadway production is losing some of its piping hot steam. As demand is drying up, the hyperbolic hype spearheaded by Hamilton’s press representative, Sam Rudy, appears to be on its way out. These lower secondary ticket market prices are an indication of a huge downturn of ticket brokers’ investments, and they show that consumers are less eager to pay way over face value and get ripped off by astronomical ticket broker prizes. This downturn in secondary market Hamilton tickets price will clearly also have an effect on face value Hamilton tickets price. The top-priced face value premium ticket is still $849, which was set up on the best seats in the house to return a profit back to the producers of the show and away from ticket brokers, but this will not last much longer with other ticket prices falling.