Help with value of Red Label

Hauss

Bearcat
Joined
Oct 29, 2008
Messages
87
City & State/Province
Iowa
What's a fair price for a 50th anniversary Engraved 12 ga Red Label? Pistol gripped stock and 26" barrels. The owner has put 3-4 boxes of trap loads through it at the range. All the boxes and paperwork. The wood is a little plain but wood to metal fit looked good. Any help on a fair price between friends is greatly appreciated.
 
There is a 28 gauge for sale on GB like you describe with box and papers, that has only one bid of $2000 on it. I would think it would get more bids. The 28 gauges as you know, sell for a great deal more than the 12 gauges. From my observations, the 12 gauge 26 inch barrel models are less desirable than the ones with 28 or 30 inch. IMO between friends, $1200-$1500 for a 12 gauge with box and papers is quite fair. If the wood was outstanding then it would be worth a little more to me, but since it is not; that is what I think it is worth. There are actually quite a few of these out there and they come available fairly regularly. I hope that helps, and good luck.
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=509017419
 
From the 36th edition of Blue Book:

Red Label 50th Anniversary Engraved
12, 20, or 28 ga., 26 or 28 in. barrels, receiver scroll engraving, 3 different gold inlay options (depending on ga.) on right side of receiver and Ruger 50th Anniversary logo on left side of receiver. Mfg. 1999 only. Probably not more than 1,500 of each model produced.
View Historic Prices
Grading 100% 98% 95% 90% 80% 70% 60%
$1,350 $1,125 $850 N/A N/A N/A N/A
 

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