Ruger No. 1 404 Jeffery

yellowfintexas

Bearcat
Joined
Nov 3, 2022
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I’m new here. I inherited a few rifles and struggling with the valuation of each rifle that I want to sell. One of them is a 404 Jeffery. Serial number showed it is made in 1993. I understand it’s pretty rare bit I don’t know of the demand for it. The gun is perfect in every aspect, looks like it came out of the factory. Would appreciate your inputs.
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Great gun! Reportedly only 370 made.
But I have to question the front sight on your rifle. Looks like a Ruger sight of the type used on the 77/22 .22 Hornet, but the front sight on a Number 1 looks significantly different, much taller.
Chet15
 
Welcome to the forum. And thanks for sharing photos of your beautiful rifle. Bill Ruger got it right with this design.
 
Great gun! Reportedly only 370 made.
But I have to question the front sight on your rifle. Looks like a Ruger sight of the type used on the 77/22 .22 Hornet, but the front sight on a Number 1 looks significantly different, much taller.
Chet15
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Not familiar with 77/22 but hope extra close up photos helps some
 
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What with today'd prices on ammo you'd best take up reloading. I don't know how many were made in the .404. I've heard 250, some sat possibly as many as 500.
I gave $700 for mine which serializes to1994. I would have considered it way too high in price but the deal included the dies and shell holder to reload, two boxes of ammo. 100 bullets to reload the 60 some odd rounds of once fired brass that came with the rifle.
I have two other Ruger #1s in the Tropical format, a .375 H&H and .416 Rigby. I haven't priced ammo for the Rigby but at the time I bought the gun it was $215.95 a box of 20. Got lucky on the Rigby as it came like the .404, with dies and components. One massive stroke of luck. Ran into a guy at a gun show who was selling factory .416 Rigby ammo for $40 a box. I bought all twelve boxes. Turns out six boxes were softs and six were solids.
Frankly, I have no idea what any of my three rifles are worth. No matter as I don't plan on selling them any time soon.
Paul B.
 
What with today'd prices on ammo you'd best take up reloading. I don't know how many were made in the .404. I've heard 250, some sat possibly as many as 500.
I gave $700 for mine which serializes to1994. I would have considered it way too high in price but the deal included the dies and shell holder to reload, two boxes of ammo. 100 bullets to reload the 60 some odd rounds of once fired brass that came with the rifle.
I have two other Ruger #1s in the Tropical format, a .375 H&H and .416 Rigby. I haven't priced ammo for the Rigby but at the time I bought the gun it was $215.95 a box of 20. Got lucky on the Rigby as it came like the .404, with dies and components. One massive stroke of luck. Ran into a guy at a gun show who was selling factory .416 Rigby ammo for $40 a box. I bought all twelve boxes. Turns out six boxes were softs and six were solids.
Frankly, I have no idea what any of my three rifles are worth. No matter as I don't plan on selling them any time soon.
Paul B.

I believe there were 500 made in this chambering.

Paul - Have you fired this rifle?

I have not had one of these, but heard there might be an issue with how Ruger chambered them?
 
I believe that rear sight is from New England Custom Gun (NECG). They make a model specific to the scope ring slot for Ruger rifles. I have one on a 1st yr 77/22. Bill in MA
 
I've heard less than 100 made. chet15 says 370 which i think he would have a better knowledge of this than i. and their was a chambering issue with these. Dave Scovill wrote about it in handloader magazine. haven't got around too reload for mine. but you sure don't see them often.
 
"Paul - Have you fired this rifle?"

Oh yeah. I can't see any difference in the brass after firing. I wonder if some had a headspace problem like the chamber being a bit too deep. Proper die set up will cure that problem most of the time.

Paul B.
 
"I've heard less than 100 made. chet15 says 370 which i think he would have a better knowledge of this than i. and their was a chambering issue with these. Dave Scovill wrote about it in handloader magazine. haven't got around too reload for mine. but you sure don't see them often."

Frankly, I'm more inclined to think there may have been two runs, one of 250 that possibly had chamber problem and another where the problem was corrected. Just my thought on that matter.

I wonder? Do your remember which issue it was that Scovill commented on the .404?
Paul B.
 
Frankly, I'm more inclined to think there may have been two runs, one of 250 that possibly had chamber problem and another where the problem was corrected. Just my thought on that matter.

I wonder? Do your remember which issue it was that Scovill commented on the .404?
Paul B.
No, SAAMI specs between ammunition manufacturers killed the .404 Jeffery in the Number 1. If the issue had been resolved they would have continued making that one.
Chet15
 
No1s have jumped up in the past year or so and sold ones are pulling $1,200-2,500 on Gunbroker. There were no .404 Jeffery ones listed. The 1H has traditionally been on the low side of the curve but even now the 458 WinMag is pulling 15-1,700 I paid 750 for mine 2 years ago.
 

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