This result didn't make sense to me until I looked at the bidding history. These typically trade for around $200. This tambourine would have ended around $175 if it hadn't been for one determined bidder who skyrocketed the price to the maximum the underbidder was prepared to pay in extremis! I don't see this as a sustainable price - but that is the joy of Ebay. It is a true crap shoot. The seller has to be completely delighted.
Mark B. Ledenbach's vintage Halloween collectibles blog.