The transaction was made between Peter Minuit who represented the Dutch West India Company, and a leader of the Lenape Native Indians. The Dutch paid just 60 guilders which is not a very reasonable amount of money to purchase the 22,000 acres of land from the Native Indians.
The Dutch acquired the land with little ease and without breaking a sweat. That is why it could be said of the Native Indians that they could sell you a whole country for just a few toys.
Supply is how much there is of a product. Demand is how much the product is wanted or needed by consumers. When supply is low, & demand for the product is high, it forces the price to go up.
