Guns are always and only worth what someone is willing to pay, forget about your books, etc. Willingness to sell meets willingness to pay, it's a beautiful place!
One of the reasons the price is so high is that it's a charity auction, probably one of the best looking tax write offs that you'll ever find..
"The SHOT Show auction is administered for the National Shooting Sports Foundation by the Hunting Heritage Trust and all proceeds of the auction will benefit the hunting and shooting sports enhancement and protection efforts of the Trust. The Hunting Heritage Trust is recognized by the Internal Revenue Service as a non-profit public charity."
i am an 870 collector. years ago when i purchased a nib all american grade 870 from ruby jenner, a friend of mine said it's not worth as much as you just paid because it's "just an 870". when i purchased a beautiful D grade 870 years ago the same friend said i paid to much as it was "just an 870". to some, 870's are inexpensive pump guns, to others they are great guns with history. if i had that kind of money i would try and purchase this gun. keep it in a closet, you don't have to feed it, someday who knows what it will be worth. the first 870 tb i purchased cost me $165.00 new, if you wanted a monte carlo it was $5.00 more. who would have thought that a new 870 trap tc would cost $1,000.00 today? with this guns serial #, you have history of remington and our country, our sport, and many many great shooters who have used this gun. now that i think about it, if i had money to burn, this gun would go to the HOF, or given to Rudy Etchen if he was still alive.
steve balistreri
Thats not a $7000 gun. Lightly engraved, a few specks of gold, 28" barrel, field style wood. The gun has no purpose, it's not set up for trap, or skeet. It's a field gun. I mean, I would use it for pheasants, I guess. It would be more impressive if the barrel had engraving, a monte carlo stock, extension forearm. The checkering pattern resembles the pattern of an express gun, should of had some carving.
Actually only the appraised value of the gun cannot be "written off." the remainder of the "donation" is tax deductible. Kinda why it makes a ton of sense to auction off an 870, huge benefit to the buyer!
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