The local gunstore around here has a no-dash 586 here for $499.
Does not have the "M" recall stamp so it might need to go back for the hammer nose, and the firing pin bushing in the frame...

The one you are looking at is a -2, so you don't have to worry about the recall.
...I'd say that you are looking at a gun priced about $100 too high.

Ask if it comes with box & papers and offer $550.

But if you really love it, pick it up. No one ever paid too much for a nice Smith, "only too early" as they say.