Mark B. Ledenbach's vintage Halloween collectibles blog.

RARE Vintage Halloween Tin Tambourine - WITCH w UMBRELLA & BLACK CAT

This listing illustrates the importance of condition when pricing an object. The seller has placed a BIN price of $300 on this tin tambourine, far above sustainable guide value of $145. If the item was in mint condition, I could better understand the desire for the seller to dream a little bit in hoping to find a buyer at that price. However, given the poor condition: metal creasing, denting, missing paint, significant edge wear - no collector should be interested in this object unless it was priced well below guide value. 
The Relative Scarcity Index number for this item in my 2014 third edition is 3, a significant change from the 2 assigned in my 2007 edition. This change indicates this tambourine is now more commonly seen.