That means that they believe they can sell it for $1,600.Ditto, pics are worth a thousand words. So are the specs. But in the end, it's worth is only what someone is willing to pay you for it. Watchin "Pawn Stars" the other day, guy brought in a nice 86 rifle in 45/90. He walked out the door with $800 cash. Was it worth more ? Yep. but not in that place and time.