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Not saying it's a fair price but the smiley dial ones with the red pip on the bezel are deemed collectible as they were made in relatively limited numbers.
That's the one I have, not sure if it's true or not but that price might indicate some element of truth to it.
I can't remember how much I paid for mine. Mainly because I paid in Bitcoin.
The 79220n is also supposed to be thinner as the ETA movement is skinnier than the Tudor in house movement. Not that I've ever checked that.
https://omegaforums.net/threads/tudor-black-bay-79220n-prices.71271/
I do.
I think the ones for £3.5k are GMT or bronze. Not standard steel.