Edited for fun and profit. . . ;-)
No, I don't think your price is too high, given the info above. And it's only been up a **very** short time.
The title doesn't say too much, "Leupold scopes" come in a hundred varieties. Were it mine, I'd edit the title for clarity and post it as "Leupold 4.5-14x40 AO Vari-X III FS" (or as is appropriate) to give the reader an idea of what you're selling without him having to wait out a dial-up connection, for example.
I would also suggest posting some additional particulars, such as "Reticle Type", "1 inch or 30mm tube" and "Gloss or Matte" and even the "model number" (if you have it) to give potential buyers a little more to work with.
Answers to those questions might even stir my interest.
Good luck sir.
The beatings will continue until morale improves.