Just over a year ago I picked up a factory fired only MKI 6 7/8" heavy tapered barrel Target model. I gave $375.00 for it the box was 99% and all papers, manual and original oil paper. Looking at new MKIV's I couldn't come close to it's equal for no way close to that price not to mention it's beauty. So I felt I got the deal of the century but then again when I get a new gun I'm more interested in a shooter than a seller.
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REP,
Your 1981 MkI T-678 is close to the end of the MkI Target era and well worth the value you obtained it for...looks great, Congrats!! :bthumb:
My T-678 (1978) also came in excellent condition and was a great value (considering no papers, box or OM). However, I already had invested in a MkIV Hunter 40160 (highest MkIV $$$)...but I do really like it. Both my MkI & MkIV have 6 7/8"barrels, with equally great accuracy. But as you state, to get the MkIV where it's at, spent 5X my MkI purchase!?!
Now, if you tried to get an early (1951-1953) MkI T-678 (especially the 1st years Target Red Eagle), with original period Box and Owners Manual (all in great condition), then be ready to spend at least 5X what you invested in your 1981 MkI!! :t
FWIW, I watched an auction last week that ended up with 31 bids. Up for sale was a 1949 Ruger Pistol "Red Eagle Type I", SN-0343 and in really nice condition! There was No Box and No Owners Manual, or any paperwork offered. But bidding was aggressive and in the end, the winning bid was $2635 for a 71 year-old Standard!!! Of course, this unit represents Rimfire History and as many gun collectors know, originality and rarity drives for very high prices!!
Ted