Let me add my name to the "Go buy it now!" list before the seller has a chance to slip in a "1" between the dollar sign and the seven. If I had seen a .32 HE 2nd Model Target like the one you describe, it would have been on my photo bench that evening and you all would be reading another gloat thread from me right now.
The gun angel who usually gives me straight dope (but who can also be an impish tease on occasion) just whispered in my ear that the serial number probably lies between 120000 and 258000; if she's on her game this morning, the gun would have shipped between 1911 and 1917. Please let me know if she's just goofing with me. And yes, we all want to see photos when you have a chance.