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That on top of being on the Reserved List led to its price spiking very high because of the desire for such a unique card that highlights the early days of Magic card design

That card is none other than the Shining Charizard from Neo Destiny

For this reason, Oboro does see some competitive play as well

I think this card is very limited with its strengths and would only belong in a deck with goblins to maximize the payoffs

That's sort of a silly combo in and of itself, but when you consider how good Cutpurse is in conjunction with a lot of other cards like Pongify and Sylvan Offering and against decks like Brudiclad, Telchor Engineer or with Helm of the Host and you can see how building around Crafty Cutpurse could be fun and very profitable