Hmm.....I'm not too hip to dollar to pound conversion, so I don't know how much a FRT should cost in pounds. According to the pictures, it does appear to be an actual Floyd Rose and it appears to be in good condition, although it'd be hard to say for sure judging by two blurry pictures. I'd say most likely the seller set a low starting bid price so he wouldn't have to pay a high fee (the fee you pay to post something on eBay is set according to your starting bid price). Hope that helps. :)

-GILBY D