As to the question of value, they are decent guns that had their day. I recently purchased a near new Browning Gran Lightning in 16 gauge at a LGS for $1500. They had it tagged as a Grade 1. Nicer wood, quality, and Invector chokes.

Considering the age, and the common problems that some have already mentioned, not sure they are worth that. But like everything else, it's what someone is willing to pay for it.