So I just bought one and was wondering if anyone out there has info. Did they really only make 1954 of them in the burst finish ? What is a good price these days for one of them.

For the 40th Anniversary of the Strat back in 1994 they made both the Custom Shop version and they also put a metal medallion on the headstock of every American Standard Strat made that year. They did only make 1954 of the Custom Shop 40th Anniversary model, and they were all 2-color burst. I'm not sure what these are going for these days; I would check the usual places like gBase, eBay, etc.

The other "40th Anniversary" Strat (which was simply an American Standard with the medallion and maybe a commemorative neck plate as well) was a regular production run in all colors and is worth about the same as any other 1993 or 1995 American Standard Strat is worth (in similar condition, etc.).

Hope that helps.