I wasn't really up on my knowledge of lever gun values, but since I know even one of the "entry level" bolt guns goes for around $300 these days I figured $200 for a rifle that was all steel and wood wasn't going to turn out to be a bad deal. From the SN I determined it was manufactured in 1981.
I think the seller was interested in moving it fast. It had been his deer rifle, but from what I gathered, health issues made it impossible for him to keep hunting. I had a chance to really inspect it last night during the football game, and it is in fantastic condition. The furniture has only a few small dings/scratches. Blueing is still strong almost everywhere. Therer are a few spots on the barrel where I'm going to rub it down well with a cloth and some gun oil because in the right light I can see a hint of speckling. The breach and bore look almost brand new. Essentially this rifle spent most of it's life sitting in a safe. Previous owner said he only shot it a few times before each season started to verify zero.
All told I'm extremely happy. What I thought was going to be a good deal looks like it was a fantastic deal. I stopped by Wallyworld this morning and picked up a box of 150 gr Core Lokts to see how it shoots.