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If that's the case, it's because the seller cranked the price up on the listing when he ran out of inventory. I've seen this happen a lot. Saves the seller from having to end, then re-list the same item, thus not incurring any new listing fees.
If you click on the "351 sold" you can see people bought it for $199.94. The guy has 100% positive feedback. LOL
I believe eBay sometimes screw up the listing price.
If that's the case, it's because the seller cranked the price up on the listing when he ran out of inventory. I've seen this happen a lot. Saves the seller from having to end, then re-list the same item, thus not incurring any new listing fees.