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I would put the value closer to the $200 -250 range, depending on the barrel, internal conditions, and other factors! The H-D external hammers are not even worth a whole lot more then that unless they are in excelent shape and fitted with the factory target sights! Sadly, the H-S have not kept the values!
I think that price is dead on.
Unless your a nine year old boy living out in the woods. And somehow you get your hands on one.
Then it's priceless.