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Speedmasters are fine rifles. I have owned one for quite a while, and it is an old and trusted friend.
I'm not quite current on the market, but if it's in nice condition I think $270 is OK, probably not a screaming bargain unless the gun is excellent.
Check completed auctions on gunbroker.com for a good idea of current prices, and remember you will have to add shipping and FFL fee to the auction price.
John
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