Even though the condition of this diecut is atrocious, this may be an instance where scarcity loosens the normal condition strictures many collectors impose. I purchased one of these diecuts several years back for ~$2,000, although the condition was FAR superior. From a design perspective, Gibson can be considered the rambunctious sibling at a family reunion, dominated by other, much more staid siblings named Beistle and Dennison. Gibson’s designs tended to be more unpredictable, right at the periphery of logic. Their output was much smaller than the other two, so finding their diecuts is quite a feat. It’ll be instructive to see what this fetches.
08/20 Update: This fetched $560.