Interesting.

I'm curious what kind of value a HGVC would have gets as an HH point generator...

Looking at recently closed eBay auctions, many are selling at or below $0.50 per HGVC point. For instance, one 7000 HGVC point timeshare sold for $2126. That would generate 175k HH points per year. The annual maintenance fee is $1227. The exchange is $69. If you spread the upfront cost over 10 years, that's $1508.60 per year for 175k HH points, or $0.0086 per HH point. That's a bit less than the $0.01 that you can buy them for, but a bit more than most of us value them at.

The biggest factor seems to be the annual maintenance fees. I wonder how that's calculated.