OK price...keep in mind Stern made lots of these...7000-8000 (or more?). It's pretty common and will pop up for sale often. Question is - do you want it NOW or can you hang for a better deal?
One thing to keep in mind...LOTR's playfields VASTLY vary in quality and appearance. HUO means nothing if the colors are goofy or registration is off. I've seen a million different shades of LOTR playfields...some are very green - making Gollum look like Kermit the Frog, some have deep black ink, some are more grey-ish...some have lots of red, some have little red. So - keep this in mind if you go to take a look at it. I'd say it might be worth the price if it's got a REALLY sweet playfield.