contender said:
Welcome to the Forum!
A nice Type I Red Eagle. The RENE price guide shows about $825 as what most collectors would pay for one like that.
Yes, as I've been doing more research I believe you may be more in the ball park. I'm just looking to make a fair deal and get return on the money a put out to help my friend who was having financial troubles. If anyone is interested, I'll entertain reasonable offers. That's why I came to a forum where people who really know this stuff could help me determine a fair value. Hopefully as well, I can connect with a good buyer who can appreciate this fine gun.
I commented to a friend how comfortable the handle felt, and he said that way back Ruger actually made tools and really focused on making handles that could be used for 12 hours. When they moved into guns they crossed over their handle designs and that is what make Rugers fit the hand so well. It's an interesting story, not sure how true it is.
Here is a bit more info. I've learned about this gun.
1949 RUGER "RED EAGLE" STANDARD SEMI-AUTOMATIC PISTOL
Model, .22 LR cal., with 4-3/4 inch bbl., and blue finish.
Serial Number – 0221 of 27,000 mfg. circa 1949.
blowback action, 9-shot detachable magazine, fixed sights.