A real deal on a North Beach Leather military style jacket

Someone got a deal on this vintage North Beach Leather military style jacket in a beautiful blue for only $78.00.  This size 7/8 jacket was listed with a much higher Buy It Now price of $275.00, so my guess is that the seller was disappointed in the much lower selling price.  This is one of the best deals I've ever seen for a North Beach Leather military style item, especially since it appears to be in very good condition.