10/22 Magnum?

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I ask the same thing. I would love to have an auto loading rifle in 22 mag, but I do not want to spend the 350-400 dollars for a used 10/22 mag rifle. They wouldn't be able to make them fast enough if Ruger actually got on the ball and came out with it again. Especially if they sold for under 200 bucks.
 
The guns have been generally unreliable in terms of ejection. At least that was how mine was and reading from other's reports. Ruger had tried to fix this problem by adding a second extractor on the inside (left side) of the bolt. The problem had persisted and so the gun was dropped. (Also, IMO, the gun didn't sell well. Hardly saw any on the shelf and at the range.)

Enter the .17 HMR.

When the .17 HMR made its debut, things started to really make a turn for the old 10/22M. I had convert mine also to .17 HMR after about a year after that round came out and reading about the phenonemal accuracy and precision of the round. The groups were as advertised, exceptional. (My shooter first 10/22M is an earlier single extractor model.) The problem of the ejection was, however, very present in my gun. I was getting about 50% stovepipes. After making the rounded bottom rear corner of the bolt mod and dropping in a Volquartsen Exact Edge extractor, things changed. I still get a stovepipe about every 150-200 rounds but I can live with it. The groups the gun gets more than overcomes this shortcoming.

With a bunch of folks converting their 10/22Ms to .17 HMR. The gun really started to take off. Unfortunately, this is about the time Ruger dropped it with the reliability issue. Plenty of folks have made their 10/22Ms (original .22 mag and .17 HMR) very reliable but Ruger was unable to fix it in-house.

Previously, the 10/22M started in the low $300s, IIRC. You'll be hard pressed to find a NIB one now for under $500. (I did get luck about a year and a half ago in finding one NIB for $350 at a new gun shop. They were unaware of the rarity and demand of the discontinued gun. It is, however, a dual extractor model.)
 
also , a bunch of dud'es were cracking their mags receivers, 'cuz they were converting them to 17hmr, and sending it back under wrrty. Ruger got wind of this, and stopped serviceing 22 mags, toot sweet.
 
If you send your 10/22M in to Ruger, you will not get it back. They will offer you one of thier other .17 HMR / .22 mag (or other rimfire) offerings like the bolt and lever guns.
 
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