Most expensive record ever?

Ok, brothers and sisters, explain this to me. Click on the link to eBay here.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=250496657516&ssPageName=STRK:MEWAX:IT

$1744 for a freakin' 45? What's the story?! This record isn't even in the Goldmine book. How many dollars is that per inch of vinyl?

And I thought I was crazy for thinking of paying a high price for a Blue Note album or Mosaic box.