yes prices on Eboy have been going up quite a bit recently. I picked up an absolutly NOS red Imp Strop about two years ago for about $30.00.

The one you bought doesn't look bad but strops are hard to tell in photos because many times you can't see creases dings and cuts so you never know what your getting until it arrives. The interesting thing with yours is the seller doesn't show the top of the strop and the bottom doesn't say red imp. Mine has a logo with something like "can't be beat like a certified check" on the bottom and has the imp logo on top with gold print on it. But for what you paid you can't lose much.