It would seem so. The craft shop still doesn't label the Chandelier as limited. If you're at 40 pieces now it might be possible to get enough pieces, but it will require a lot of dedication.
I guess the dragon will expire Friday 11th September, leaving you with just under a week to finish.
1 more piece to craft my second one.
I just started crafting the Chandelier dragon, it will take 36 hours, hope it's done before I have to craft a blue hedge for the Dragon Tales event!