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#5485606 - 08/03/11 09:56 AM Ruger No. 1 value in .280 caliber?
BOW777 Offline
Campfire Regular

Registered: 03/01/05
Posts: 1326
Loc: Florida
I have a Ruger No.1 in .280 that I am considering selling and wanted to know the value. The rifle is blue and in about 95% condition. It is a 1996 production date.

Thanks!!
_________________________
When Ronald Reagan was president, we had Bob Hope and Johnny Cash.
Now that Barack Obama is president, we have NO hope and NO cash.


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#5486953 - 08/03/11 05:45 PM Re: Ruger No. 1 value in .280 caliber? [Re: BOW777]
1B Offline
Campfire Guide

Registered: 05/21/01
Posts: 4641
Loc: Reston, VA, USA
Mine is priceless! 16 pointer to its credit and a pristine record of DRT kills. It goes inot the pine box with me.

1B

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#5487097 - 08/03/11 06:17 PM Re: Ruger No. 1 value in .280 caliber? [Re: 1B]
fishnut Offline
Member

Registered: 11/30/07
Posts: 128
Loc: Western US
$300



By the way, I'll take it!
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#5487916 - 08/03/11 11:03 PM Re: Ruger No. 1 value in .280 caliber? [Re: fishnut]
meddybemps Offline
Campfire Regular

Registered: 01/31/08
Posts: 502
Loc: Mass and Maine
$305
The auction has begun. grin

Seriously, a nice caliber. Don't recall seeing one in .280.
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Downeast Maine by birth and choice, Massachusetts out of necessity

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#5488006 - 08/04/11 01:39 AM Re: Ruger No. 1 value in .280 caliber? [Re: meddybemps]
Seven_Heaven Offline
Campfire Ranger

Registered: 08/14/06
Posts: 2121
Loc: North Texas
Please don't sell it.

I have never seen one either and not sure if I could resist. smile

I think interest in it would be quite high.

Any pics?
_________________________
"Large masses of new people coming into the country and lots of "modern" ideas are affecting the thinking of people who don't think too much."
William B. Ruger, Sr.

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#5489115 - 08/04/11 10:35 AM Re: Ruger No. 1 value in .280 caliber? [Re: Seven_Heaven]
BOW777 Offline
Campfire Regular

Registered: 03/01/05
Posts: 1326
Loc: Florida
I think you guys may be right. I should probably keep it.
I was thinking the value of it should be in the neighborhood of $700-$750?
_________________________
When Ronald Reagan was president, we had Bob Hope and Johnny Cash.
Now that Barack Obama is president, we have NO hope and NO cash.


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#5489241 - 08/04/11 11:07 AM Re: Ruger No. 1 value in .280 caliber? [Re: BOW777]
Grasshopper Offline
Campfire Tracker

Registered: 02/12/03
Posts: 6331
Loc: Middle of the "Mitten"
Bow,

Please do not take the following commentary personally... It is merely an observation...

Quote:
I was thinking the value of it SHOULD be in the neighborhood of $700-$750?
(emphasis mine...)

I would think that you are correct... Unfortunately, some weird things have gone on in the gun market in the last few years...

This spring I saw a 1-V in .22/250 on the used rack at a local gun shop... AFAIK, it's still there... Price was $569.95.

My personal rule-of-thumb is that gun related equipment have an approximate intrinsic value of 75-80% of dealer cost of a new one. (Assuming 98% or better condition) Now the dealer cost of a #1 is about $835 or so depending on distributor... Calculated out that makes the going rate at about $675 or so... Consider that you have a discontinued model and chambering... Which should command somewhat of a premium.. And you're pretty well spot on!

The best way to calculate a rifle's worth is to see what they are selling for on Gunbroker and Auction Arms. If you are registered, you can go back 3 mos. I am sure you will see that some folks are very optimistic about what their guns are worth, and list them over and over... sometimes for several months...

A friend of mine had several #1's listed on Gunbroker he ultimately had to reduce the price to $650 and most of them finally sold... (they were sold thru a broker... [jgsite] ) One was a pre-warning red pad 1-B in .243 Win with absolutely stunning wood... He listed it @ $925 for a long time. It ultimately sold for $650... (Which was less than my friend paid for it...) The broker was getting anxious to sell them when my friend passed away... (My view at least...)

Unless a rifle has a rare collector quality, or killer wood, that's about what they seem to be going for. Of course, limited runs and uncataloged specials always command a premium... When the economy suffers, it isn't just the housing marked that suffers... shocked Luxury commodities especially suffer, and lets's face it guns are luxurys... smile

When the prince of fools was elected, a lot of folks went crazy buying and stockpiling guns, ammo, and reloading components... Which ultimately drove the price up... Now it's coming back down... Those of us who bought during that time, will have to sit on them for a while to get our money back... If we ever do... With the economy the way it is... It's likely to take some time...

As I said, don't take this personally... This is merely the facts as I can logically see them... Others may view it differently...

GH
_________________________
"There are things that are known and things that are unknown... In between are the doors!"

"It is far better to be alone than to wish you were" - Ann Landers


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#5489247 - 08/04/11 11:09 AM Re: Ruger No. 1 value in .280 caliber? [Re: BOW777]
gewehrfreund Offline
Campfire Regular

Registered: 09/30/05
Posts: 572
Loc: central New York
"I think you guys may be right. I should probably keep it.
I was thinking the value of it should be in the neighborhood of $700-$750?
"

If it's in good shape, and you find a motivated buyer, that sounds about right, in the current economic climate.
I have an early (late '60s) 280 #1 and a much later (early '90s) custom-LH stocked 1B that I am pretty attached to.
Some of us #1 loonies are a little less excited about the post-'93 black recoil pad guns, but they might actually be better in that they have Ruger hammer forged barrels.


Edited by gewehrfreund (08/04/11 11:14 AM)

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#5490083 - 08/04/11 03:38 PM Re: Ruger No. 1 value in .280 caliber? [Re: gewehrfreund]
tex_n_cal Offline
Campfire 'Bwana

Registered: 12/30/02
Posts: 14463
Loc: Back in Texas, for good!
I'd say $600 to $800, depending on how nice the wood. .280 is a fairly desireable caliber.
_________________________
"...and a mild headache..."


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#5490338 - 08/04/11 04:54 PM Re: Ruger No. 1 value in .280 caliber? [Re: Grasshopper]
redz06 Offline
Member

Registered: 05/10/07
Posts: 182
I used to think 70% of wholesale or a bit lower; and the rifle had to be super clean. Less if it was more used but not abused.

I think that Grasshopper may be somewhat of an optimist. Look at the 4 pages of unsold no.1's and their asking prices; and the success rate. Guess they got in when times were better etc. I really do not understand all the ins and outs of the resale businesses, just an observation.

No.1's are indeed a niche market; their market(cash) value varies across the country.

I saw a preowned Weatherby MKV, magnaported, Nikon scope, for 499 at a very large retailer, so the overall market is getting tougher it seems.

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