The Make Offer/ Best Offer feature suggests the seller might accept less than the listed price.
People are crazy for shell, and, as an observer, I don't rule out any price. The weird thing is Alden can make more of any of these shoes with some lead time. It's not as though the material is gone forever.
The cult of shell and Alden is strong and people are willing to pay up to eliminate long wait times and unpredictable supply.