Its 3.3 bows for a +7 one statistically, and you may value it what you want, but I've never seen anyone sold for less than 3 mil, 3.5 mil is a more common price, so thats what I count as its value for this calculation.
3.3 * 35000000 = 11.5 mil.
Even if you count price as 3 mil its still higher than current bid. But if you only buy stuff underpriced and expect everyone to value things underpriced, then thats your opinion, which is fine. But you don't need to come complain about it in my auction.
That said I'll still sell it at current bid, so no worries for the bidders about auction being canceled or something.
My chars: TPC / Tjuven / Dansare / Sinne / Magiker / Byracka / Krigare / Andreas