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Century Arms is a company that builds "new" items with surplus parts. They also build items with new manufactured parts. Some of their rifles are great and others are not. My experience has been a literal roll of the dice with Century. Why is the price different ? Could be anything from the extra capacity to the fact FDE is a very popular color. Chances are this one has been built with brand new components, hence why the price is different.

Factory new. Demand drives the price and this color with a limited magazine doesn't sell nearly as well.

It is New but Century Arms uses US made parts from PTR and New Military surplus parts. The biggest difference is the Black variant includes 2 - 20rd and one 5rd magazines.

If you don't want to chance a bad firearm I'd stay away from century

Factory new. The color & 5rd magazine is what makes the price difference