I remember walking into Walmart circa 1978, in Kosciusko Mississippi looking to pick up a Ruger Security Six and finding a Dan Wesson 715 4 inch just laying there like it was one of the boys. Since it was CHEAPER than the Security Six at $145 and my older brother was standing there telling how he had just read about them, I went for it, only to later trade it for something else because at that time, DW revolvers were viewed like the proverbial "Red-headed stepchild" of S&W. My how times do change!
My next encounter was when the .44 mag came out and I just had to have one, but even then it was a fraction of the price of a Mod. 29 because most people didn't see it as anything great. I forget the price but it wasn't high, maybe $400. I used that gun to compete in Hunter class silhouette with handloads and did very well. Being a genius, I ended up trading it to a friend for his commercial Colt 1911 which at the time I felt I was trading UP because I been bitten by the rising semiauto bug in the early '80s.
Clearly I wasn't getting paid to predict the future!
If that commercial 1911 wasn't a beater, I would say you DID trade up.