The Remington Model 700 is a legendary bolt-action rifle, renowned for its accuracy, reliability, and widespread use among hunters, law enforcement, and military personnel. However, determining the precise value of a Remington Model 700 requires careful consideration of several key factors. This guide will walk you through the process of assessing your Model 700's worth.
Factors Affecting Remington Model 700 Value
Several elements significantly influence the market value of a Remington Model 700 rifle. These include:
1. Year of Manufacture and Model Variations:
The age of your rifle plays a crucial role. Older Model 700s, particularly those from the earlier production years, can command higher prices due to their historical significance and collectability. Specific model variations, like the 700 ADL (Action Deluxe), BDL (Bolt Deluxe), SPS (Sportsman), and the more recent 700 Police, will also have different values reflecting their features and intended use. Researching the specific year and model markings on your rifle is the first crucial step.
2. Condition and Wear:
The condition of your Remington Model 700 directly impacts its value. A rifle in excellent condition, with minimal wear and tear, will fetch a significantly higher price than one showing significant signs of use, damage, or rust. Examine the rifle closely for any scratches, dents, or imperfections in the stock, metal finish, and action. The functionality of all moving parts is also a critical factor.
3. Barrel Condition:
The barrel is a key component affecting accuracy and value. A worn or damaged barrel will drastically reduce the worth of your rifle. Look for signs of erosion, pitting, or excessive wear within the rifling. Consider the number of rounds fired, as this provides an indication of barrel life remaining.
4. Accessories and Modifications:
The presence of original accessories, such as the scope, sling, or carrying case, can increase the value of your Remington Model 700. Conversely, aftermarket modifications might either increase or decrease its value, depending on their quality and desirability. Consider the overall aesthetic appeal and potential functionality improvements. Factory-installed features hold more value than custom work, unless it is high-end, professional work.
5. Overall Market Demand:
The general market demand for Remington Model 700s fluctuates over time. Factors such as current economic conditions, popular calibers, and overall firearm market trends can affect prices. Staying updated on current market trends through online forums and gun auction sites is essential.
How to Determine Your Remington Model 700's Value:
Several resources can help you estimate the value of your Remington Model 700:
- Online Gun Auction Sites: Websites like GunBroker.com and others host auctions and listings for various firearms, including Remington Model 700s. Comparing similar rifles sold recently provides a valuable benchmark for your own assessment.
- Gun Value Guides: Several printed and online guides offer valuations for firearms. These guides typically take into account the factors mentioned above.
- Appraisals: Consulting with a professional firearms appraiser is the most accurate way to determine the value of your Remington Model 700. A qualified appraiser can conduct a thorough inspection and provide a formal appraisal report.
Important Note: Always prioritize safety when handling firearms. Properly discharge and secure your weapon before any inspection or valuation process.
Conclusion:
Determining the value of a Remington Model 700 requires a nuanced approach, considering various factors ranging from the year of manufacture and condition to market demand. By carefully evaluating these elements and utilizing the resources outlined above, you can arrive at a reasonable estimate of your rifle's worth. Remember that the value is ultimately determined by the willingness of a buyer to pay a certain price.
