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It would have to have been more were given out as the methods of duping used to recreate items had been stopped by EA when this item was released.
Although, the individual selling one currently could easily be the person who was purchasing it from Britney via Tomas. Could also be the individual from Baja, or someone they may have sold it to, and it could also be the owner of it from Europa.
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Dupping was still present when this item was released. In fact, I believe it was duping this item that caught EAs attention, because this was the last big event item that caused controversy over UBER event items tipping the scales over fair game play.
Yes only Five Sashes were given out, and the members of one guild got them all at that time. One was immediately put up for sale on eBay for $450 which I purchased using "Buy It Now", but within 24hrs the seller a known scammer sold it to someone else for $750 much to my disappointment. Of course my information comes from a member within his guild who used to be a friend of mine, and now no longer plays. Here is a list of all Royal Guard paraphernalia with Royal tagged in the name of the item.
SEASON 2
Atlantic: (Royal Guard Color is Purple)
*Royal Guard Investigator (cloak) (+20 Stealth) (5)
*Royal Guard Survival Knife (1-3)
Royal Guard Survival Knife (2-3) Enhanced (140 Luck)
Baja: (Royal Guard Color is Red)
*Royal Guard (Boots) (8)
Catskills: (Royal Guard Color is White)
*Royal Artisan (Dark Red Full Apron) (26)
*Royal Guard Shock Trooper Sergeant (Sash) (1)
Royal Guard Shock Trooper Lieutenant (Sash) (1)
*Royal Guard Shock Trooper (Sash) (8)
Legends: (Royal Guard Color is Off-White)
*Member of the Royal Britannia Navy (dark boots - no color added)
Europa: (Royal Guard Color is Gold)
Detective of the Royal Guard (Sash) (3)
Oceania: (Royal Guard Color is Violet)
*A Corporal of the Royal Britannia Guard (Sash) (15)
*A Lieutenant of the Royal Britannia Guard (Sash) (1)
*A Sergeant of the Royal Britannia Guard (Sash) (1)
Napa Valley
Lieutenant of the Royal Guard (Sash) (Given to Napa Valley Reporter Lady Lava)
Sonoma: (Royal Guard Color is Blood Red)
Marksman of Britannia Guard (sash (1)
SEASON 3
Baja: (Royal Guard Color is Red)
Royal Guard (Boots) (1)
Royal Guard Investigator (Sash) (3)
Great Lakes:
*Royal Guard Bow (blue color, +1 dexterity) (2-3)
*Royal Guard Bows (10)
*Royal Guard Dart (10)
*Royal Guard Hatchet (11)
Lake Superior:
*Royal Guard Inquisitor (Red Cloak) (10)
Napa Valley:
*In recognition for outstanding service to the royal guard (Red Sash) (1)
SEASON 4
Atlantic:
*Royal Botanist's Trowel (~45)
Baja:
Royal Guard Boots (50 Luck) (1) (Won't Sell)
Catskills:
*The Royal Guard Book (Yellow Two Tones Book Describing the Event) (2-3)
Europa:
*drauG nainnatirB layoR eht fo remeM (Sash) (~25 Dropped)
drauG nainnatriB layoR eht fo rednammoC (Sash) (1)
Royal Explorer book (2) (+10 Magery, +10 Mana Increase, SDI 25% 1/1)
Royal Explorer boots (2)
Royal Explorer cloak (2)
Royal Explorer fancy shirt (2)
Royal Explorer Kit (pouch) (2)
Royal Explorer lantern (2)
Royal Explorer long pants (2)
Royal Explorer sash (2)
Royal Explorer skirt (2)
Great Lakes:
Elder Detective of the Royal Guard (+3 Intelligence Boots) (4)
Legendary Detective of the Royal Guard (+4 Intelligence Boots) (4)
Mythical Detective of the Royal Guard (+2 Intelligence Boots) (4)
Legends: (Royal Guard Color is Off-White)
*Lt. Of the Royal Guard Sash (3)
Napa Valley:
*Royal Britannia Guard Ceremonial Shield (Golden Order Shield) (16)
*Royal Guard Battle Plans (~5)
Sonoma:
Officer of The Royal Guard Doublet (1)
SEASON 5
Baja:
Lieutenant of the Royal Guard Sash (MR 2, LRC 10, Intelligence +5) (5)
Royal Architect (Sash) (6)
Royal Toolkit (Deep Blue House Deco Tool, Blessed) (2)
Sonoma:
*Royal Guard Bard (Golden Lute) (1)
Royal Guard Bard (Silver Harp) (1)
Royal Guard Bard (Bronze Flute) (1)
*RBG Basic Training (Surcoat) (Many Colors)
RBG Basic Training (Surcoat) (Two Tone color)
RBG Basic Training (Sash) (1)
* Indicates I own one of these items, no * indicates I am looking to buy them