I had both blue and stainless NIB 222's a few years ago (2003) but had to sell them both. I don't recall exactly but seems to me that I got about $600 for the blue and $650 for the stainless. So by now, I'd reckon $700 for the stainless. Discount that for the tough economic times and it probably puts it back to the $650 range.
One other thing to keep in mind when listening to anything I say about rifles.... I'm not much of a rifle guy.... I don't really know what makes a Mini-14 a "Ranch" model. So I don't know if mine were Ranch models or standard models, or if Ranch models in .222 are rarer than non-Ranch. I just know that the two that I had, one blue, and one stainless, were .222 caliber and were unfired in their boxes with all papers.
From my notes in my spreadsheet, I see that I bought them both at the same auction in March, 2003 and gave $460 for the blue one and $488.75 for the stainless. Those were final prices, actual hammer prices were $400 for blue and $425 for stainless, then a 15% buyer's premium was added. The blue gun was 187-31490 and it went to Alaska, the stainless was 188-45145 and went to Texas. I had the blue one valued at $550 and the stainless one at $700 before selling them. But I did not record the prices that I sold them for. I sold them on GunBroker via no-reserve auctions and I recall that the blue gun went higher than I expected and the stainless went lower. I sold them a month apart, blue gun in April, stainless in May.
Based on what little I know, it seems to me that $1495 is a little optimistic, but you can't blame the guy for trying! Maybe he is in no hurry to sell.