So there’s been some talk on this one by both Mordor or Bust and Casual Stroll to Mordor but I did want to post the confirmation post from Sapience:

Reputation mounts were removed based on beta player feedback.

For those of you who think betas or our feedback don’t matter, here’s another case where they do.  I’m quite happy that they’ve been removed, although I would’ve been ok if they figured out a way to make them gated behind reputation.  A couple posts down Sapience continues to mention that they’re still tweaking prices based on player feedback and there will be another update before launch.  Good stuff and I’m happy to see the direction they’re moving in to try and balance the store out.