The Ithaca Model 66 shotgun holds a special place in the hearts of many firearm enthusiasts. Known for its robust construction and versatile design, the Model 66 saw extensive use as a hunting and sporting shotgun, and continues to be a popular choice for collectors. Determining the Ithaca Model 66 value, however, requires a keen eye for detail and a solid understanding of the market. This guide will equip you with the knowledge to accurately assess the worth of your Ithaca Model 66.
Understanding the Ithaca Model 66's History and Variations
The Ithaca Gun Company, a name synonymous with quality firearms, produced the Model 66 from 1936 to 1976. This relatively long production run resulted in several variations, each impacting the final value. Key factors include:
- Gauge: The most common gauges are 12, 16, and 20. 12-gauge models are generally the most common and often less valuable than rarer gauges, especially if in excellent condition.
- Barrel Length: Barrel length significantly affects value. Shorter barrels (e.g., 20-inch) are often preferred for hunting and command higher prices, while longer barrels are more suitable for target shooting.
- Condition: This is perhaps the most significant factor influencing value. A pristine, unfired example will command a significantly higher price than a heavily used or damaged shotgun. Rust, pitting, and significant wear dramatically reduce value.
- Features: Special features like ventilated ribs, adjustable chokes, or factory engraving significantly increase collectability and value.
- Stock and Forend: The condition of the wood stock and forend is critical. Scratches, cracks, and repairs will lower the value. Original factory finish is highly desirable.
Common Model 66 Variations and Their Typical Value Range (USD)
It's important to note that these are rough estimates, and the actual value can vary based on condition, accessories, and market demand.
| Variation | Typical Value Range (USD) | Notes |
|---|---|---|
| 12 Gauge, 26" Barrel, Good Condition | $300 - $600 | Common variation; value depends heavily on condition. |
| 12 Gauge, 20" Barrel, Excellent Condition | $500 - $1000 | Shorter barrels are more desirable, especially in excellent condition. |
| 16 Gauge, 28" Barrel, Very Good Condition | $400 - $800 | Less common gauge; can command a premium if in good condition. |
| 20 Gauge, 26" Barrel, Excellent Condition | $450 - $900 | Similar to 16 gauge, less common than 12 gauge. |
| Engraved Model, Excellent Condition | $800 - $2000+ | Factory engraving significantly increases value. |
Assessing Your Ithaca Model 66's Value: A Step-by-Step Guide
To determine the accurate value of your Ithaca Model 66, follow these steps:
- Identify the Gauge and Barrel Length: Carefully examine the barrel to identify the gauge and measure the barrel length.
- Assess the Overall Condition: Look for any signs of damage, including rust, pitting, scratches, dents, or repairs. Rate the condition as Excellent, Very Good, Good, Fair, or Poor. Consider the stock and forend as well.
- Check for Special Features: Note any special features such as ventilated ribs, adjustable chokes, or factory engraving.
- Research Recent Sales: Use online auction sites (like GunBroker.com) and forums dedicated to firearms to research recent sales of comparable Ithaca Model 66 shotguns. Look for sales of shotguns in similar condition and with similar features.
- Consult with Experts: Consider contacting a firearms appraiser or a reputable gun shop for a professional valuation.
Factors that Influence Ithaca Model 66 Value Beyond the Basics
Beyond the obvious factors, several other elements influence the final price you might fetch:
- Rarity: Some variations, due to limited production or specific features, are rarer than others and consequently more valuable.
- Originality: Maintaining originality, including the original finish, stock, and any accessories, is crucial for maximizing value. Aftermarket modifications usually decrease value.
- Box and Papers: The inclusion of the original box, papers, and any other associated documentation significantly boosts the collectability and, therefore, the value.
- Market Demand: Like any collectible item, the market demand for Ithaca Model 66 shotguns can fluctuate. Factors like current economic conditions and trends in the firearm collector's market play a role.
Case Study: A recently sold 12-gauge Ithaca Model 66 with a 28-inch barrel in excellent condition, featuring original factory wood and minimal wear, sold for $850 on GunBroker.com. This illustrates how a well-preserved example can command a premium price.
Conclusion: Determining the True Worth of Your Ithaca Model 66
Determining the precise value of your Ithaca Model 66 requires careful consideration of several interconnected factors. By carefully assessing the shotgun's condition, identifying its variations, researching comparable sales, and consulting with experts if necessary, you can arrive at a reasonably accurate valuation. Remember that the firearm market is dynamic, and the value of your Ithaca Model 66 may fluctuate over time. This guide provides a valuable framework to assist in your appraisal efforts.