I can get $50 4" Regal Angels collected from Manilla. But Manilla Regals are 95% destined for the great aquarium in the sky. They have the worst rep in the industry. I can get $100 Maldive Regals but they are the 4" ones. I see 2" and 3" Maldive Regals at 2 respected vendors here in Japan for the 20,000 to 25,000 yen mark (roughly $200 to $250).
http://www.natyu.ne.jp/fish.html?id=201
Bottom left at 5cm (2")says モルジブ (Maldives) at $200 and the one next to it is a 7-8cm (3") Regal from バリ産 (Bali). The Bali Angel is up for just $5,800 yen (about $60). The big difference is the 2" Maldive specimen is marked
meaning it is eating. The other one doesn't have that mark. However, Indonesian Regal Angels such as Bali Regals don't have that good a reputation either but this is more varied than the Philipine caught ones. Phillipine Regals are generally grey-bellied whereas both variants appear around Indonesia (as reefs around there are enormous and vast). But the region has a reputation for bad practices in fish collection. So that $200 2" Regal is a winner. Good region, right variant, it's small and it's eating.
B-Box has 3 Maldive Regals in around teh 1.5" to 2" mark:
http://www.b-boxaquarium.com/shopbrand/002/002/X/
The top 3. Price is 24,800 yen or about $250. But they are all sold by the looks of it. Notice the $60 Manilla Regals on the 3rd row.
Generally, in Japan, cheap Regals are dead Regals.