Actually, it went cheaper than I thought it would fetch.

Its a great piece (not the greatest, but good enough).
As to why it is a great piece, compare this piece with most other pieces and you should be able to tell that the wood, carvings on this piece is superior. The execution of the keris blade is also more refined than average. The metal is great, with some minor spots of surface rust. And look at the crispness of the fullers, greneng, kembang kacang. Look around, and you should see the difference it in time.