A pre-64 Mode 94 should still have most of its bluing and wood finish if it is going to command $400, but a lot of sellers cash in on buyers' lack of knowledge and highball the prices ("I saw one just like that priced higher on the internet", etc. Yeah, but did it sell?). The older generation, the ones who grew up when the 94 was "The Deer Gun" want a nostalgic reminder of their childhood, but that generation is dying off fast (I am a member of that generation), and just like my parents' generation who revered the Model 12 or the A-5 as "The Duck Gun", as they die off their guns go down in value (that pesky old "supply and demand" thing, ya know). People want to hunt with bolt rifles and semis now, fewer want lever guns as hunting rifles. There are many, many very nice post-war pre-64 shooters available in gun stores across the country for $350-ish, with honest wear and use marks, not pristine, so there is no reason to pay $500 or more for one just because you want one real bad. Remember, if you want it real bad, you may get it real bad. Do your homework, then go shopping.