A thousand bucks does not buy much these days in a decent double. Most German guild guns which sold for $500-600.00 ten years ago tend to go for $1,500.00-1,600.00 these days. This gun is certainly worth more than that. I suspect if the seller dropped the gun reserve to $1,500.00 it would be sold. He is looking for a buyer with more money than knowledge of the guns real value or time to wait until a better priced gun comes along.
Bayard made guns in all grades and price ranges it seems. One of the more under appreciated makers so far. Kind of like a certain maker with a L in the name was 20 years ago. Might be worth watching out for a few of the better grade guns to see what they do in value over the next 20 years.