My favorite 1.4 nifty-fifty is the Rikenon P 50mm f/1.4. I also have the XR version and it's a different optics with different coatings, the P is world better. It's pretty rare though.
But the M 50 1.4 is a really good lens. The bokeh is nicer and I find the colors are a bit nicer than the 1.7 versions when stopped down, but the 1.7 is very very good as well.
Another gem is the M 50 f4 Macro, if you want a lens to walk around in daylight. It's amazing for flowers, and the sharpness stopped down I think is better than the faster M versions. I recently did an f8 comparison between my K 50 1.2, M 50 f4 macro, M 50 1.4 and M 50 1.7 and the K 50 1.2 and M 50 f4 Macro were a bit sharper than the other two - though they were all sharp enough at f8! But let me tell you that in terms of colors/rendering, the M 50 1.4 was very very close to the larger/more premium K 50 1.2!
Please post some pictures once you get it