You had asked about insured value, and I'll throw out the figure of $2k for insurance purposes. A very ncie gun, and like Norm said, rarely found with 2 matching mags.
Definitely clean and lightly oil the internals, don't oil the grips. Maybe check YouTube for good disassembly tutorials, and above all be very careful, expecially when removing the left grip panel.
I second sending the holster to Jerry Burney for repairs. His work is the highest quality and no one knows more than he on these issues.
With just a bit of maintainance, it should last your family for generations. And now that you know it shoots, retire the old girl.
Welcome aboard.
dju
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