Before you spend anything, get the serial and run it by Ruger to see what it is. If it's a Gen 1, skip it. If it's Gen 2, that's a good price. Gen 1 had a bad recall that not every owner decided to participate in. I believe Ruger stamped the repaired Gen 1 pistols with a star on the back of the slide next to the hammer slot.I think it's an earlier model with three nubs- one on the front and two in the rear. I will probably go back and confirm serial range and recall status, etc.
Are you sure it's a Gen 1? Those have a dash like 370 -XXXXXX in the serial number, the sights are super tiny and the trigger pull is longer and heavier. Production of those ceased sometime in 2012. Many people think the Gen 2 is a Gen 1 because of the newer LCP II Model.A Tactical Ted LGS has a consignment Gen 1 LCP with light pocket finish wear for $125. The interior looks pretty much unfired. Would you buy it?