I think it's interesting that facts are missing, made up, etc. and (in other cases), people might be paying lots of money for a later press thinking it's the first. Who will know for sure? What happens in cases where the "facts" were wrong and the thought-to-be-later press turns out to be the first? I think at this point it wouldn't affect the value of the yellow copy much because so many have been sold at that value and they're pretty much out of print.
What's also interesting is established knowledge getting lost. For example, there is a very rare sweet soul / funk 45 by the rappers on roach out of LA. In the 90s the label owner repressed it with the original labels, but the vinyl was obviously later 80s-style vinyl with the big ridged, rounded edge, etc. People have been selling the reissue without mentioning (or even knowing) that it's a 90s press and it has become like a $200 record. Originals are very rare... but I got one for $150 on ebay recently mint because the people who would currently want it probably already paid $200+ for a reissue that they didn't know was a reissue.
someone should print up membership cards