I understand that on the auction site, oddities can and do happen. One should check the completed auctions for several similar items to get a better idea. Not long ago, a mid 60's Kodiak sold for $1,100...which was a bow worth about $300-350 to the majority of us.
BTW, I have 3 of these Tamerlanes on my rack in pristine condition and would gladly sell each for much less than $590 each...if I ever decide to sell.
Yeah, Fred had a weird sense of humor, huh? I guess he had run out of species of bears, so started with world conquerors. Hmmm. I wonder what the PUTIN would have looked like?