  Discovered in 2011 with LOFAR, the $15$ Jy low-frequency radio transient ILT
J225347+862146 heralds a potentially prolific population of radio transients at
$<100$ MHz. However, subsequent transient searches in similar parameter space
yielded no detections. We test the hypothesis that these surveys at comparable
sensitivity have missed the population due to mismatched survey parameters. In
particular, the LOFAR survey used only $195$ kHz of bandwidth at $60$ MHz while
other survey were at higher frequencies or had wider bandwidth. Using $137$
hours of all-sky images from the Owens Valley Radio Observatory Long Wavelength
Array (OVRO-LWA), we conduct a narrowband transient search at $\sim10$ Jy
sensitivity with timescales from $10$ min to $1$ day and a bandwidth of $722$
kHz at $60$ MHz. To model remaining survey selection effects, we introduce a
flexible Bayesian approach for inferring transient rates. We do not detect any
transient and find compelling evidence that our non-detection is inconsistent
with the detection of ILT J225347+862146. Under the assumption that the
transient is astrophysical, we propose two hypotheses that may explain our
non-detection. First, the transient population associated with ILT
J225347+862146 may have a low all-sky density and display strong temporal
clustering. Second, ILT J225347+862146 may be an extreme instance of the
fluence distribution, of which we revise the surface density estimate at $15$
Jy to $1.1\times 10^{-7}$ deg$^{-2}$ with a $95\%$ credible interval of
$(3.5\times10^{-12}, 3.4\times10^{-7})$ deg$^{-2}$. Finally, we find a
previously identified object coincident with ILT J225347+862146 to be an M
dwarf at $420$ pc.
