Joann's has it on sale for $34.99 regular $49.99
The most I have ever paid for an iron is $85 and it's a Black and Decker steam iron. A while back Mr. Nobody dropped it on the floor and the water reservoir cracked so I can no longer use it as a steam iron. That Mr. Nobody really gets around, I bet he has even invaded your homes before.
I can't see paying a 3 digit figure for an iron.