Veale said
i have a pee 64 model 70 .375 with synthetic stock and newish 1.5×5 Leopold scope. Serial number 55577 (1946) Really nice condition. Want to sell but not sure what it is worth
Hi Veale.
Here are a few thoughts to help you understand the value of your rifle.
The .375 H&H magnum is a desirable chambering. It is not exactly rare, but this chambering adds value to the rifle over more common chamberings. The value of a .375 model 70 could range from a low of something under $1000, to 10x that amount. The difference is in the details.
Style & options: Most likely, your rifle is a run of the mill Sporter – most are. However, if it is a Super Grade, or if it includes rare options, or if it is a special order rifle for any reason; any of these can massively increase the value.
Condition: You say the rifle is “very nice”. While I can’t really know what this means without seeing the rifle, if a rifle grades out as NRA “excellent” or better condition, this makes it attractive to many elite collectors and greatly aids the value of the gun. If, on the other hand, there are notable condition issues, they will hurt the value… but not nearly as much as modifications. The typical collector will not turn their nose up at a scarce gun on the basis of some honest wear, but most will walk away from a modified gun.
Modifications: The fact your rifle has a modern scope could mean the rear bridge on the receiver has been drilled and tapped to accept a top scope mount. If this is the case for your rifle, the added holes have a significant impact on the collectability of the rifle, and therefore its value. Your rifle also has an aftermarket stock. Unless you have the original stock stashed away in the closet, this is likely a deal-killer for many collectors, since the gun could never exist again in its original factory condition. Other common modifications include holes added to the barrel for alternate scope and sight mountings, shortening or recrowning of the barrel, removal of the sight ramp, etc, etc. Any of these will further decrease the value of the rifle.
It sounds to me like you have a shooter, and not a collector rifle. There’s nothing wrong with this, but you’ll need to have realistic expectations about the value of a shooter if you are going to sell the rifle. With extra holes in the receiver and no original stock, the gun would probably sell for under $1000.
Also, FYI – your rifle was not produced in 1946 – no model 70s were. Your serial number places the rifle as a 1942 production year.
Good luck!
Justin
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