I must be missing something

I just saw this. Its a nice blade but only 11/16 and at what i would consider a high price. What am i missing?

Antique B.J.Eyre Sheffield Silver Steel Cut Throat Straight Razor~SHAVE READY | eBay

he has reputation of e-bay and/or the blade is some rare model, is my only guess.
of course there will be people to buy it too.

Check the bid history. 2 Guys get carried away or something like that. High risk of Retracted bids. IMHO! You might see it again!

It's just two people trying to decide who wants it more.
Strangely enough though the latest bids of the top bidder haven't pushed the price up by the increment even though the second highest bidder has also bid the current amount. Another case of ebay's bid incremental system producing different final result depending on the specific path taken:

Attachment 78916

Looks like it went for $385. Must be something they really wanted

Nice blade, but I agree that the price went too high. But then again, that seller's prices are usually astronomical to begin with so no real surprise today.

Unbelievable!!! Nuf said.