This padlock sold for $28 (Plus $3 Shipping).
Small or mini brass Russel Erwin padlock with original key. This measures 1 3/4 inch tall by 1 1/4 inch across. It is a somewhat hard to find padlock. The shackle is stamped with the RE logo in the diamond along with USA. Although in very good condition the shackle needs help opening, as it seems to bind. The spring is present and strong that should pop the shackle. - eBay (11 Jan 09)