It's selling for 128yuan. That converts to exactly $19.64USD as of today's currency.
It makes me puke in my mouth to think just how much profit those eBay sellers are making with it. If you go onto eBay now you can still see the no reserve auctions for the IE8 reaching ~$200. And some of those sellers have well over 1000 stars! It's just disgusting.
I ordered a pair from here (I have sources in China) and I've also ordered a pair of genuine ones from hifiheadphone.co.uk for the full retail price of £199.99. I'll post comparison pictures later, and from I can see from the photos, these are really well done enough to trick the normal listener's ears who have never heard >$20 headphones. :(