Some sellers just get lucky like that. I agree the centennial badge might have something to do with the high price. Excellent pics and an (mostly) accurate description help a lot. It is a beautiful example of a 201.
Personally though I have an aversion to sellers who make the claims of domestic machines being able to sew through leather. Too many people who don't know any better think a domestic machine can do it all the time and then get upset when they ruin a great machine feeding it a steady diet of what it wasn't built for. I'd also say the 201-2 does not have all steel gears but that's just being picky.
Cari