You're in the ball park. That's what I paid for the three dot hi-viz sight version. The G.I. WW 2 mil-spec cost me $400.00+ tax here in R.I. They are one heck of a good deal.
Having researched this myself a few weeks ago before buying the same gun myself, I would say that is a pretty reasonable price. I did pay less for mine ($429), but that was by far the lowest I had seen. Most reported prices were in the $450 to $500 range.
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