Blue or Stainless? Used or New? Davidson's had a batch of Stainless Baby Vaqueros from in 5 1/2 and 6 1/2 about the timeframe of the one you're looking at. I picked up a pair of the 5 1/2's and put $1029 into the pair. If you are looking at a NIB Stainless $490 seems like a fair price. It's probably high for anything else. There's a NIB 6 1/2" Blue 22LR Vaquero on gb with a Buy It Now of $419. Davidson's has 2 Blue 5 1/2s and 1 Blue 6 1/2 for about the same price. Hope this helps.
Best Regards,
ADP3