Well, I do not think I have seen a padlock like this. That said, it does not mean that it is worth $300. However, if you want this padlock, this is the one available and that is the price. Who knows when the next one might come up for sale.....
This padlock has a 'Buy-it-Now' price of $299.99 (Plus Free Shipping).BUY IT NOW!!! VERY RARE PADLOCK EXACT AGE UNKNOWN GARNY FRANKFURT A.M. COMBINATION PAD LOCK CAME FROM AN ESTATE OF A SECURITY/LOCK SMITH BUSINESS COMBINATION ATTACHED BUT I HAVE NOT BEEN ABLE TO OPEN IT-COULD BE FROZEN WEIGHES OVER 2 LBS SEE PICTURES FOR DETAILS GARNY FRANKFURT A.M.". 5 1/4" high x 3 1/8" wide x 1 3/4" deep (with dial) x 1 1/8" deep (without dial). All steel. "GARNY FRANKFURT A.M." is stamped on the dial. Once the padlock has been opened you may insert a change key to unlock the wheels and subsequently change the combination. The mechanism appears to be similar to some S&G safe locks. - eBay (Oct 2012)
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