I believe you got it at that price. At my store we can't give the things away. No offence to the Bongo lovers out there but people are comming into my store and comparing the Bongo to Lakland's, Smith's, Fodera's, Fenders, and Modulis. The Bongo's are staying put and in time they will be price slashed. My guess is because GC has over 100 stores in America and all that buying power, they could easily afford to blow them out like that. But hey you got a great deal so BONGO it up a notch!