What is it worth? Ruger M77 Mark II

[Chevelle SS]

My Dad has decided to sell his Ruger and We are trying to come up with a fair price. It is a Ruger M77 Mark II in 338 Win Mag. It is in like new condition. It has a good quality sling and a Burris Signature 4-16x scope with twilight capabilities and an electro red dot. He also has 50 rounds of factory ammo and 57 empty casings. What should this be worth? Also might it be better to sell the scope separate?

Thanks

 

[Coltdriver]

It is always better to sell your scope separately. In fact if you have an ebay account take the sling off and sell it there. I generally sell Rugers with the rings as they are somewhat unique and a bit pricey and Ruger always provides a set with a new rifle.

To get an idea of what the market is paying go over to gunbroker or to gunsamerica or to auctionarms and see what they are selling for there. Its also worthwhile to go over to armslist and see what they are selling for there. You can search the entire USA from that site and pick up a view to regional differences.

It will also serve you to find out what a current brand new one goes for and discount yours accordingly.

You will have to separate out the dealers from the used gun sellers. Also take a look at what is actually selling. Just because a rifle is listed at some silly price does not mean that it will sell for that. So set up accounts there and do some homework.

You will have to decide if you want to stay with a face to face sale in your state or if you are willing to ship to a buyers ffl. A bit more hassle to ship but so much more buying potential that it may be worthwhile. Also realize that you are some distance from hunting season so you may not have as many active buyers looking for a 338! Later into the summer may get you a better response.

 

[longdayjake]

I would give you $350 for it. Someone probably would go up to $400. Who knows, maybe in these crazy times you can find someone who would be dumb enough to pay $500. I think a fair price is probably $375 - $400 though.

 

[Coltdriver]

Sure you would, but that is not the market price. Crazy times or not its worth a bit more than your, lets say regional, value.

 

[doc2rn]

Here in Ohio where long guns are verbotten, except rimfire, you would be hard pressed to get $425 out of it. However, where I in one of the free game states you might get $450-475. The one detractor I see is that the stock isnt wood. I currently own 3-77 Mk II's, all in Rimfire calibers with v-bolt construction, and I see them going for around $600 new.

 

[jmr40]

50%-75% of what a new rifle sells for. New at www.budsgunshop.com is $633 for that rifle, so figure $375-$475 for the rifle and rings. In that condition I'd start at $500 and be willing to discount. A lot depends on how quick you want to sell. Scopes other than Leupold, Zeiss, and other high end brands will bring 25%-50% of a new scopes value. The others will be closer to 75%.

I'd list everything separately and offer a discount for someone who buys everything as a package. It will be worth it to save on shipping and the added hassle.

That caliber will bring a bit of a premium in the right market, but will make it harder to sell in many others.

 

[longdayjake]

50%-75% of what a new rifle sells for. New at www.budsgunshop.com is $633 for that rifle, so figure $375-$475 for the rifle and rings.

A MKII is NOT the same thing as a Hawkeye. Mainly in that the Hawkeye has a better trigger, has hammer forged in-house made barrels, and Bead blasted finish. The older MKII has a crappy trigger, and the barrels were made by several contractors. Some are good and some are eh. When pricing the MKII it is better to look at the price they sold for when they were still being made. Not to look at the price of the Hawkeye.

 

[longdayjake]

Sure you would, but that is not the market price. Crazy times or not its worth a bit more than your, lets say regional, value.

Well, I'm not bashing on MKII's or their value. I own three MKII's and one Hawkeye. All of the MKII's that I own were bought used and I did not pay more than $350 for the base gun and I paid $400 for one that I was able to shoot first and found it to be the one of the most accurate varmint rifles I have ever shot. I gave a real world valuation of his and my own guns. Like I said, he may be able to get $500 for it in this current market but he should be happy with $400. Now, I have no clue how much that scope is worth so my appraisal is without the scope. Furthermore, I recently priced some of these at a local pawn shop and they were at the $450-475 range. That's pawn shop prices. If you can't beat pawn shop prices then few people will want one from you.