How much is it worth?

I bought a Australian Stock Saddle around July this year. I have decided that I wanted to buy a all purpose saddle which means I need to sell this one. Im going to take it to a local auction shop place :P and I need to put a reserve on it. I bought it for around $400 and has been on a horse a handleful of times and used once. How much do you think I should put on it? Its synthetic comes with striups and irons, no girth as it has been broken.

I wasnt sure on how to get the pictures actually up here from photobucket so sorry for the links

Pictures:

Image of Saddle5 - Photobucket - Video and Image Hosting

Image of Saddle4 - Photobucket - Video and Image Hosting

Image of Saddle3 - Photobucket - Video and Image Hosting

Image of Saddle2 - Photobucket - Video and Image Hosting

In Australian dollars I would say about &200. It might be different for you guys, and I'm not sure hoe scarce stock saddles are over there. Here status is a pretty cheap brand, but it looks to be in good condition.

Hehe I do live in Australia and it is pretty new so I think I would put it more then $200 because I need to buy a new saddle with that money