Its actually closer to 4:1 or 5:1 against.
Make it 5:2.
I'm with Patrick on this one, with the standard caveats--yada, yada, yada.
Like Russ, I think it compares favorably with the two on Bob's site. I have handled a few badges that seem to have been made by this maker. I would lean toward one of the artisan's at Eisenstadt and not Humrichous, but I still tentatively like it.
That said, some thoughts:
At the opening price, there isn't a lot of room for a mistake if the wing ends up not being good. The uniform is basically a rag, so all the money is in the wing.
On the other hand, I don't care for the design flair of the wing, but that only means it is outside the norm for this maker. I also note that of all the hand made wings, this style would be the easiest for a talented faker to reproduce. Consequently, at the opening bid, I would like a lot of better and more close up photos of the wing.