What?? I understand the concept of a "mint premium" but this result is stupefying. These routinely surface and typically fetch about $100.
The buyer of this desirable diecut got a bargain. This heavily embossed item was made in Germany during the 1920s. This design typically changs hands for $135 or more. Too often sellers deprive themselves of better dollars by listing things as a BIN without any real idea of what they are doing. They would very likely have received more by offering this through an auction format with a modest starting price.