I have always thought the Merk 8 sells cheap. They are apparently the same gun as the Merk 47, but without ejectors, which I don't care for anyway. They seem to range from maybe $700 to $1,200 or so, depending on condition. I think the one you inquired about within the last week or so looks nice, and would be a really nice buy at $1,000 or $1,100. It's probably not overpriced as is, at least IMO, and German guns is generally what I buy (and occasionally sell). I personally prefer the pre war styling. I don't have much post war German guns, the few I have are all well made however.