What's the value of my 500?

[Larry Parker]

What's the best (most accurate) way to determine the retail market value of my 500? It was born in the mid 70's and don't want to give it away. I also don't want to ripoff the next owner. Just a fair clean deal, value for value trade or a cash sale. I really have no idea.

 

[LAZY EYED SNIPER]

All depends on the particulars of the model and it's relative condition. Do you know which model 500?

I paid $160 for a mid 60's vintage 500 a month or so ago. It was a 16 gauge 500B field model in excellent condition. That was a steal in my opinion. The older 500 police models would likely be worth more. I would search Gunbroker.com for the same model in similar condition and get a idea of asking prices that way...

 

[GunnyGene]

Take it down to a local pawn shop or gun shop and ask them what they would pay for it. Add 30% and you'll be in the ball park.

 

[Rossignol]

Ill second the gun broker or armslist idea, that gives you a range to consider of what the market is willing to pay.

 

[TomcatPC]

I found my 1979 New Haven Model 600AT (re-branded Model 500) 12 Ga. with 28" barrel with C-Lect Choke for $125 last December. It was in decent shape with original wood and the minor scrapes from normal 30 plus years of use. I did have to replace the extractors and extractor springs, but that was an easy and common fix. Not sure if I got it cheap, normal or high priced?, but I like it and plan on keeping it. Hope that helps a bit.
Mark

 

[Bobster]

+1 on checking your model on Gunbroker. If you use the "advanced" search function, and select "completed listings", it will give you a good idea on what similar models sold for. Don't be confused by guns that DIDN"T sell and may be priced too high.