That figure is 2 years old, so price went up, but the main reason it's so high is because it is old while being a 1/6 figure. 1/6 is quite big and maintaining such a figure for 2 years at new condition causes the price to raise. If you add the popularity of the figure during that time and the manufacturer being Freeing (made limited figures at the time, since they were just starting to get really popular) then the price should be really high.