Value of 1974 Encyclopedia Britannica?

I have an 1974, 15th edition, set of the Encyclopedia Britannica. It is a complete set of 30 volumes with a black leather binding. I see these sets on eBay for $400 - $500. Is this a realistic price for them, assuming they are in excellent condition?

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By DRW

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Consumer Advice Collectibles BooksSeptember 30, 2013
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