What would be the value of an 1969 Ithica Model 37 Featherlight 12 guage pump shotgun in very good condition?

Question

Trying to figure an insurance value for the shotgun I'm asking about.

Answer 1

Yep, I sold my last one in New condition, I bet there was not an entire box of shotgun shells out of it. The magazine had no scuff mark whatsoever from opening the action. The gun was in fact " mint ". I was glad, and did sell it for $200.00. Now that being said, for insurance purposes, of course you generally have breaks where the value things, not to a exact dollar amount. For instance, yo have your two hundred dollar gun, but, if you insure it, you must take the five hundred dollar standard plan, cause they offer noting less. OK ?



Selling price, and value are completely different things. I would insure it for $300 - $400 dollars. If you ever loose it you then can settle for enough to get something else, or fairly close.



Join the NRA for $40.00 you get firearm insurance included. And a very nice magazine of your choice. Then you can get a list from the ILA ( Institute for Legislative Action ) that is very helpful to know who to vote for, who will protect your right to own that Ithica. Discounts for Firearm Safety Training, and access to some great folks at the Headquarters. Now sir, does your insurance company come close ?



I highly suggest the NRA, yes, they plead for donations, but, the Firearm training is Awesome for you and your family. Full disclosure, yes sir, I am an Instructor/Recruiter. But, it is an easy task when you live it, and appreciate all the NRA does for us.

Answer 2

"Zac" is obviously clueless. Let me look in my 2012 Gun Trader's Guide for a reasonably up-to-date estimate for you.



First off, is yours the 37V, 37D, 37DV, or what? The values vary from around $200 in excellent (i.e. NRA 95% condition, or 95% of original finish intact and functionally perfect) to a little shy of $500. For insurance purposes, I would assume a mid-range value of about $300.



That's a fair estimate since I don't know the exact model you have. The 37V is lower value- about $250. The basic 37 Featherlight with a plain, non-checkered grip will run closer to $200. Bear in mind as well that these are ALL values based on NRA 95%. If the finish is not that good, the value will decrease accordingly. In NRA 68% condition, the values run from $150-$300. That's a really big hit in value.



So without actually seeing the gun, that's as close to a fair valuation as I'm willing to give. $300 if approximately 95% of the original finish is intact. I'd say $200 if the finish is in worse condition, and that's a generous estimate.

Answer 3

Price it at the cost of a new Remington 870 Wingmaster.

Answer 4

Find any like models at Gunsamerica.com, average out the price and back it off by 20% and you will have a really close value.

Answer 5

So you want an appraisal of a gun with no attached pictures and ask that on Yahoo Answers ? Does it EVER occur to people that there are better places to ask ?...such as a dealer that sells them or a gunsmith that knows them ?

Answer 6

I sold a couple of these on Gunbroker and none exceeded the $200 price range.....

Answer 7

Honestly if you can't find an answer an have the time take it to a gun show and see what they say or say your selling it for $1000 and if people jump on it asap then you know its worth something, sorry for the lame answer.