I don't know if they can still be had, and if so what they go for anymore. However, I have an izhmash biathlon ko that I picked up for under $300 that will make ragged one hole 25 shot groups at 50 yards. Even shooting bulk federal ammo it can shoot rather impressive,given the ammo, groups at that distance.
It is free floated, pillar bedded, with a deeply recessed target crown. It is a toggle action, which I personally find to be easy to operate quickly and just plain cool. The trigger is very light and crisp as well. It is not an Anshutz trigger but I think it would compare VERY favorably to anything else you could find for $500. It is one of my favorite guns I own and definitely one of the best values. One has to spend a lot more money before they start to get much more rifle.