Mosin Nagant 91/30. It's a cheap and fun bolt action rifle, has a bit of history behind it, and most shoot very well. The best part is you can purchase the rifle and a 440 round tin of ammo for under $200 ($99 for the rifle at Big 5 or most gun stores/internet sites, and $89 for the tin from sportsmansguide.com. You will still have $800 to play with.
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