The Savage Model 340 in .30-30 caliber holds a special place in the hearts of many firearms enthusiasts. Its classic design, reliable action, and the enduring popularity of the .30-30 cartridge contribute to its continued appeal. But what's the current market value of a Savage Model 340? Determining the worth of a used firearm requires careful consideration of several factors. This guide will help you understand what influences the value of your Savage Model 340 .30-30 and how to assess its worth accurately.
Understanding the Savage Model 340's History
The Savage Model 340, a lever-action rifle, was produced by Savage Arms from the 1950s to the mid-1970s. This era saw a surge in popularity for lever-action rifles, making the Model 340 a common sight in hunting camps and shooting ranges. Its relatively straightforward design, coupled with the potent .30-30 Winchester cartridge, made it a practical and effective choice for hunting deer and other medium-sized game. The rifle's popularity, combined with its relatively straightforward construction, means finding parts and ammunition remains relatively simple today.
Key Features Influencing Value
Several key features significantly impact the value of a used Savage Model 340 .30-30:
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Condition: This is arguably the most critical factor. A rifle in excellent condition, with minimal wear and tear, will command a higher price than one showing significant signs of use, rust, or damage. Look closely at the bluing, the stock, and the bore. A pristine bore is essential.
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Rarity and Variations: While not exceptionally rare, certain variations of the Savage Model 340 might fetch a premium. Specific features like particular stock styles, finish variations (e.g., different types of wood, or variations in bluing), and unique markings can affect collector interest and therefore value.
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Accessories: The presence of original accessories, such as the factory box, manuals, or cleaning kit, adds to the value and desirability of a Model 340. Collectors often seek these items to complete their collection.
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Mechanical Function: A properly functioning rifle is naturally worth more than one with mechanical issues. Ensure the action cycles smoothly, the sights are aligned, and there are no malfunctions before placing a value on your rifle.
Factors Affecting Savage Model 340 .30-30 Value: A Detailed Look
Let's delve deeper into the specific factors influencing the price:
Condition Assessment: A Visual Guide
Use the following table to visually assess the condition of your Savage Model 340 .30-30:
| Condition Category | Bluing | Stock | Bore | Mechanical Function |
|---|---|---|---|---|
| Excellent | Near-perfect bluing, minimal wear | No significant scratches or dents, excellent wood condition | Bright and shiny, minimal pitting | Perfect functioning, smooth action |
| Good | Some wear to bluing, minor scratches | Minor scratches or dents, some wear on wood | Minor pitting, still shoots accurately | Minor issues, easily remedied |
| Fair | Significant bluing wear, rust present | Several deep scratches, dents, or damage | Noticeable pitting, accuracy may be affected | Needs repair or significant cleaning |
| Poor | Extensive rust, significant bluing loss | Severe damage, cracks, or broken parts | Heavily pitted, inaccurate | Requires major repairs or restoration |
Determining Value: Resources and Methods
Several resources can help you determine the value of your Savage Model 340 .30-30:
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Online Gun Auction Sites: Websites like GunBroker.com and others showcase numerous Savage Model 340s for sale. Analyzing recently sold listings provides a realistic benchmark for pricing. Remember to filter by condition and any unique features.
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Gun Value Guides: Printed and online guides, such as the Blue Book of Gun Values, offer estimated values based on condition and year of manufacture. Keep in mind these are estimates, and actual prices can vary.
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Local Gun Shops: Consulting local gun shops allows you to get a real-time valuation. Appraisers at gun shops often base their estimates on current market demand and local factors.
Case Study: A Well-Preserved Model 340
Consider a Savage Model 340 .30-30 in excellent condition, with all original accessories, a beautiful walnut stock, and a near-perfect bore. This rifle, depending on its specific features and the current market, could command a price between $600 and $1200 or even higher. Conversely, a Model 340 in fair condition, showing significant wear, and lacking accessories, might sell for between $300 and $500.
Conclusion: Know Your Rifle's Worth
Determining the value of your Savage Model 340 .30-30 accurately requires a thorough assessment of its condition, rarity, and completeness. Using the guidance provided in this article, along with the research tools mentioned, you can confidently understand the market value of your classic lever-action rifle. Remember to always prioritize safety and follow all applicable laws and regulations when dealing with firearms.