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Hi again folks,
As a badge collector, I can tell you that the Sigma Chi badge you're talking about is INDEED worth the money it went for.
The "rope" style chains (as opposed to the "links" style) indicate it is from the 1870s or 1880s. True, it is not engraved, and the clasp does not appear to be original. But still, a badge from the first quarter century of that group is an exceptionally rare find.
Trying to compare it to a plain badge or even a pearled badge is comparing apples and oranges. There were tens of thousands of those types produced, but probably less than a hundred like this one (and 95 of those 100 were likely melted down ages ago).
Just thought you'd like to know. The bidders are not crazy.
Interfraternally,
wptw
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