Sort of a silly question, but today I went to a gun show (they sell more than guns), and I saw a belt...?

saw a belt buckle that I really liked. It was a Navajo Indian designed buckle made with silver, turquoise, and a grizzly bear claw. It was really nice. BUT.....the guy was asking $1200. Now to my question. Is this the price normally demanded for this type of belt buckle? And, would I have been crazy to paid that much for it?