I probably paid too much for this one (from 1954) when I got it a couple of years ago, but I was new to the idea of "collecting" Smith & Wesson's and had watched the price on it drop from a high of $1500.00 to just under a grand. The dealer had listed it on gunbroker so I knew it was going sooner, rather than later, so I went ahead and bought it.
Too much? Maybe. But prices may have caught up to it today, especially with the box (numbered to the gun). I'm not planning on selling it anytime soon, Lord willing, and it is a great shooter. The blue shows wear, but it locks up tight, and the trigger is really smooth.
I've also got a 27-2 (1978), in the presentation case, with tools and papers, that I paid a couple hundred less for. I haven't shot that one yet, but it's another nice gun.
How much difference for the price? Well, I suspect the gold/blue box the '54 came in would sell for a big part of the difference by itself, or at least I've been told it would.