Home Forums Hunting & Shooting Winchester Collectors Rifle and 32-20 ammo

Hello,
Elderly woman I met has a Winchester rifle and 3,000 rounds of 32-20 ammo,rifle was made in 1919,have not seen rifle yet but her son said it is in great condition,what would something like this be worth? Thanks

3000 rounds? That much factory ammo is worth a couple grand at today's prices.

"Great" condition is very subjective, but it's hard to touch a functioning 92 under $1000 anymore, even in very used shape.

92? Could conceivably be an 1885 single shot too, even if discontinued on or before 1919.

That's true. I just assumed 92 when it was a 32-20. Could be a single shot, or even a late run 1873.

3000 rounds of original .32-20 ammo in good condition would likely be worth a small fortune - current factory ammo is $75+/50 rounds to a collector I’d expect it’d be north of $75 - that’d put you at $4500 for the ammo alone.

PennDog

I didn't realize the ammo had gotten quite that salty. Last 32-20 I bought was around $50 and change about a year ago.

Regardless or the rifle or its condition, she's sitting on a pot of gold in amno.

Actually I’m probably a little conservative - just checked gunbroker and they were asking $125/50 rounds (asking not necessarily receiving - I didn’t check completed auctions) but the vintage stuff was well over that…….so I’d agree literally a pot of gold right there!!

PennDog

Empty cases?

So you think $4500 worth of ammo is a pot of gold.?

For someone who didn't know what they had, it would likely be a pleasant financial boon.

I know I certainly don't walk around with $4500 in my pocket like it's change for a pop machine. I'm definitely not as rich as some of yall around here, though 😏

We never specified the size of the pot

PennDog

If it's a 92 and in good shape, seems like $1100-1200 is a fair estimate. Rifles in 32-20 are fun to shoot and companies like Taylor chamber revolvers in 32-20, so cowboy shooters like matching rigs.

I'd be more subjective and less gung-ho about the ammo value just because what it should cost on paper (based on pandemic surge) vs. what someone might actually pay for *that much* of it is way up in the air. How old is it? Is it corroded at all? Are the boxes in good shape? Could you find aomeone to drop $4k on bulk 32-20 ammo? Etc.