The price is for 25 meters of braid.
Braid (or galloon, soutache) — an exact copy. Braid is a little shiny, as it should be. Braid doesn't contain metal thread. However, no modern copy on this price level contains metal thread. Metal thread mass production ceased in the second half of the XX century due to the enormous cost compared to non-metallic ones.
Comparison of our braid with the original (photo by Liau Wesley):