I have a couple and love them. This is the old style LC Smith I assume? The stuff that Marlin is throwing out on the market today with the LC Smith name is junk by comparison.
I have 16ga produced in 1947 and 12 ga produced in 1928. They are solid, tight and shoot great.
$250 for an LC Smith is almost unbelievable. GB has only a few that are below $1000 and the last one I bought I paid $700 for.
You need to get a couple snap caps so you can relieve the tension on the firing pins during storage. Snapping the hammers on the pins with empty chambers is a bad thing. You will break the firing pins eventually.
Enjoy!