I know the sellers were astonished at this ending price - as am I. Given the fully disclosed poor condition of the item, this ending price is wholly unsustainable. If you look at the bidding history, you'll see that the bidding would have leveled off at a reasonable $150, again given the item's poor condition, if not for two bidders who wished to own it at such a stratospheric price against all reason. Ebay sure is an odd place! Sometimes treasures go for a song while problematic items bring dollars they shouldn't.
This witch hanger, one of a largish set, is a well-designed and fun item - but oh-so-fragile. The latticed paper comprising the "body" of the witch is delicate and very prone to tearing. One tear and the integrity of the lattice is severely compromised. It is for this reason that I sold the ones I had in the collection. It was simply too stressful hanging them. When they aren't hung, they don't appear to be too interesting, sealing my decision to sell. However, if you have a place to hang these and forget them - be sure to bid on this and the other lots from this set this seller has up right now. All of these hangers were made in Germany in the 1920s.