It's a great item, don't let anyone tell you otherwise (especially if decide to go a mostly charming route for exp). However, I wouldn't break your neck trying to save up for it as your #1 priority as a new necro on the server.
I strongly suspect there are more CoS's on the server than there are even potential necromancer or SK players. Give it a bit of time and the price will find its ceiling. I'm assuming (and I could be wrong) that it'll be more comparable to Ornate Velium Pendant. The moment that changed people thought they'd get 50k for it, but it's comfortably found a happy spot in the 12-15k range and has been stable for months now. I imagine CoS will be the same, unlike say elder beads or other removed items which keep creeping up and up.
Supply and demand works fine here... but P1999 is not an efficient market - so it takes some time.
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