Your suspicions maybe right. I looked up what it take to case harden steel and the basic process is stated as follows.
Flame or induction hardening are processes in which the surface of the steel is heated very rapidly to high temperatures (by direct application of an oxy-gas flame, or by induction heating) then cooled rapidly, generally using water; this creates a "case" of martensite on the surface.
This would be a costly additional process unless the average $50.00 U.S. cost above the basic blued revolver is a real case hardening cost in the equilalent Italian Lira money conversion exchange. I currently only have all blued revolvers so I have no way to test. I do know that real case hardening on steel is done specifically for reducing wear on a steel surface. Perhaps some other forum members reading my post can to a simply scratch test somewhere on their "case hardened" revolver and chime in with the result.