You mean the patent or just regular leather? I saw the patent red Hobo and regular leather Hobo on Ebay, and the regular leather one is said to be $268? Unless I'm wrong here:
Either way, this IS a gorgeous color. I wish I could find it in this color, I also remember seeing a Turquoise version on this board too (not patent), it's beautiful. I'm (no offense) turned off by the dark brownish color, and the shiny patent doesn't help either.