As earlier said, one of the more interesting features is the grips. They appear to be original to the gun. Does the SN stamped on the rear of the right grip panel match? If so, that could add some value to the package. That would have almost certainly have been one of the very last .38 Target Model M&Ps made prior to WWII. If the grips are original (albeit showing a little damage) and having the HBH (even with a hole), I would say that the asking price is not ridiculous. But I would try to shave the price a bit.