Colt's current 2012 retail price list shows $1995. They've been hovering around that price point for a couple years or more. In my opinion the gun is worth the money. You can only determine that yourself. For me it is the Colt Custom fit and attention to detail that makes it a better pistol than the rest of my Colt semi-autos. Not by a great degree of better quality or even accuracy in shooting, although it is all of that. Given your dollar circumstances, I'd go for it.