Most likely walnut grips, if they are factory Ruger Originals. Probably in the $1000 to $1200 range. They are great handguns. But not rare by any means.
And they were not yet made in 1974.
They were first introduced by Ruger in 1979. But you couldn’t buy one until 1980.
And the first ones were blue. Not stainless.
"Allways speak the truth and you will never have to remember what you said before..." Sam Houston Texans, "We say Grace, We Say Mam, If You Don't Like it, We Don't Give a Damn!"
Caliber 44mag? Does it have the indentations for rings? Not sure if they even did that back then. Did Ruger even manufacture the Redhawk in 1974?
NO.
"Allways speak the truth and you will never have to remember what you said before..." Sam Houston Texans, "We say Grace, We Say Mam, If You Don't Like it, We Don't Give a Damn!"