Is this crazy?!?!? Or am i crazy???

Can anyone give me a rough idea what this might be worth?
It's looks pretty good to me.

Kraken Call Prophecy Wand


Implicit: 40% increased Spell Damage

88% increased Spell Damage??
Adds 39 to 70 Fire Damage to Spells
84% increased Critical Strike Chance for Spells
+25 to maximum Mana
+7% to Fire Resistance
crafted 10% increased Cast Speed