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I didn't see anything that'd make this T-shirt all that special. (I mean, okay, vintage, well, sure, but that's another word for "old," innit?) I noticed where the bid history said the price went from $21 to $55 -- WTF? What's so cool about being a Y counselor in Ridgewood, New Jersey?
seriously, as a non-USian I thought that the NJ adventure club had some secret supercool meaning. I'm as baffled as you are, usually those old t-shirts sell for a tenth of that, or less, if at all.