Funny, i was just about to post on this one. I was watching it and a bit surprised when it went this high.
I think it's hand-forged, but it looks like it was rather aggressively polished. The wood is nice, but nothing unusual. The fittings are pretty common. The amount of luks is unusual, but given the dress i'm not convinced it's enough to warrant such a high price. I bought a nice, old silver-fitted one just a couple of years ago for less than a third of this price.