Gun value question. First I have to admit I like model 12s. I just picked up a mat rib 30" 12ga. in 80 to 90% condition for $250. The action is bank valult tight and the take down ring has not been moved. I don't think the original owner shot it much. The M-12 is probably the best pump ever made, IMHO, yet, you can pick them up out here for half the price of an K-mart 870. This one was especially nice so I paid a premium. I have seen some solid plain barrel guns for under $200. I will ream it to modified. I know folks like the choke tubes, but, I have almost exclusively used the modified tube in other guns. Guns that wear out and break down by the way.......The 3" factor escapes me too. You only gain a couple of yards with steel shot and with tungsten it all all a thing of the past. Anyway, for less than 300 I have a lifetime shotgun, why would anyone get a new gun with plastic and aluminum parts for a bunch more dough? I really don't get why M-12s are sleepers. Anyone care to speculate as to why the value is so low?

Scot, If you come across one in 28 ga let me know.

Scot,
If you come across any in 20 or 28 gauge for $200.00-$250.00 let me know. I'll buy all you can get your hands on!

at one time we did conversions of 20 gage to 28 gage m-12's,i'll look around for the tooling,we never threw anything out.i picked up a 16 gage for $175.00,in the box with no marks on it,around here the 16's are cheaper but for the most part the prices are $300.00 to $500.00 for a good used one,not the y-models.