I bid 9p for one on auction once. People have paid 10p I think. In the end i bought mine for a bit less
Its really hard to give a price for a great item like this. People might argue that no item is worth x amount of gold, but if you find a player who really needs such and item and they have piles and piles of cash then you will get a great trade.
People have argued long and hard on the trading forums about this cloak. It takes almost a full group around an hour to kill grand summoner (incuding assembling peeps, getting them there etc). It can drop 2 cloaks, or more often than not 0 cloaks. You will hear people argue that its dead easy to farm, and others with horror stories of killing GS 4+ times without a cloak drop.
The cloak itself is only realy of interest to some classes, there are a lot easier cheaper cloaks that mages for instance can get (Giant spore cloak, stag cloak). Having said that its 72 imbue and the stats are usable by ALL classes, it is THE best cloak in hib afaik.
If I where to auction one i would ask for a starting bid of 5p and a buyout of 8-10p.
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