Sakae "The Pipe" Shank Stem 1-Inch RARE NOS Vintage Retro

Am I right in thinking The Pipe was aluminium and The Tube was the cro-mo version?

If so, that seems quite a premium to pay for an aluminium stem that weighs 408g!

[edit] compared with:

https://www.ebay.co.uk/itm/134145874605
 
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