That's not too bad, as I've seen many twentytwos going for $100 to $150, depending on condition. The $50 gunshow deals are basically gone. I bought my 99M1 for $75 about four years ago, and this model is somewhat scarce. The basic Model 60 can be bought new for $115, but it's not as neat looking or fun as the 99M1 or 989M2. You also don't get that walnut stock anymore.
If it were in excellent condition, I'd go for it. Try to talk 'em down, though. These haven't been made since the eighties, and shouldn't command new-type prices.
:target: