Actually $1200 is on the low end for one of these. I've seen them on Ebay for close to $2k, and selling at that price. I'd love to have one, but not at that price.
finally someone that knows what they're talking about, take a look on ebay and see what they're going for. One thing thats driving the prices up, is all of the resorts wanting them to hang in their lodges/bar etc.