Why is it so Rare, I never thought a small, noob item could be anything of rare.

Probably because they decided to do like this when the item was launched.

I was unaware that anything sphinx was rare, but your right that is strange.

I think it was probably ment to be like that when they first added it.

Does a sphinx timer even exist?

http://forum.toribash.com/tori_shop_item.php?id=292

eeh...

It does it just has the same icon as a elf timer.

Sphinx Emote is as rare as the timer.Pretty much the same situation.

I had no idea anything like a sphinx timer would be rare, because of price, but no more are reproduced.
Objects that are collector items could be as rare and cost a pretty tc, but are always more added.

Which one is more rare?

It's more of a collectors item than an item itself. It was planned to be rare, which is why it's been sold out for so long.

Firebolty: That's a good way to put it, thanks for explaining guys.