These Colts have not gotten a lot of love over the years. Partly because there were so many made and partly because the action was not very robust and gunsmiths tend to shy away from working on them. However, the fact that yours is a .32 makes it more interesting as that chambering didn't come along until near the end of production. Prices are difficult to do based on two little pictures, but your gun is probably worth somewhere in the $3-400 range on a good day. Hope this helps.Thanks for the info--it has about a 32nd of slack but rotates fine. What value would you place on this?