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I paid $425 for my stainless M6 22/410 with taxes in about 2 months ago. Yes they were'nt that expensive some time ago, but they aren't being made anymore so the price reflects current demand. I would thing for a steel one $300-$325 would be reasonable. Everytime I went to buy a used one they were already sold - buy one when you can. PM me if you're interested in mine.
I agree with 3screws get one if you can- my $400 estimate was for an almost new one. in my view Even if you think you're paying $40 - $50 (1-2 cases of beer) too much you'll have forgotten how much you paid after you've used it a while...There seems to be a steady demand for them and since they haven't been made for a couple of years the price can only go up. Plus they are loads of fun , great backpackers and people who have them tend to keep them...