I don't see many large cichlids for sale around here. When I do they are usually Oscars, most in bad shape from being kept in small tanks with bad water conditions. The cheapest one of those I have seen is $45. I saw a 12" Jag that was a good looking fish for $45 as well.
It doesen't really matter what you paid for it, if you are happy with the purchase anyway. It is a cool, healthy looking fish.