I've done this coat on commission. You know why it's so expensive? Because it's NOT an easy coat to make. Especially if you want it out of leather or pleather. The fur is also very expensive, even fake fur - that stuff's $20/yard on a good day. It's a very complex coat thanks to the way the pockets are, the way it's lined, and with all the cigar loops and the bottom belt added on.
If you can find it anywhere for less than $250 I would consider that a steal. I could do it for less if it wasn't pleather.
Founder and President, Madison Area Costuming Society, a chapter of the International Costumer's Guild
Strange Land Costuming - www.strangelandcostumes.com