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James,

Picture below of the top of the gun with barrels closed. Need any other pix?

That very similar looking Pieper that was auctioned at RAI December 4, 5 and 6 of 2009 was lot number 1621. Estimated $1200 to $1800. Sold for $1380 including the 15% buyers premium.

Thanks everyone for your valued opinion.

Jolly

I sometimes forget that there is often a difference between what I am willing to pay and what a gun is "worth" retail in the current market. Any of the ususal suspects would have this gun listed north of $2k, and you would likely be able to actualy get it for $1800 or so with a little negotiation. Provide the stock some TLC and you might not be able to pull off that 1800.

Jolly, thank for the correction on the RIA pricing. Pete was low and I was high. We both must have been thinking of other guns. LOL

Interesting how both guns seem to have developed a little damage in the area where the barrel extension meets the top lever. If and when it goes up for sale, pls let me know.

Regards,

James

Thanks to everyone who offered their thoughts on my friends Pieper.

I guess I could make a general summarization:
This model in excellent condition with most original finish and no warts or sins might go for between $1800 to $2000.
One with somewhat less finish but still no problems and a nice looking gun for around $1500 to $1600.
One with around half original finish, still pretty nice with no significant mechanical problems but maybe some subtle blemishes for around $1300 to $1400.
One that is all original with no serious problems but might need some more serious TLC for around $1000 to $1200.

I would describe my friends gun as having about half the gray receiver finish; 98% barrel blue with a couple very light surface blemishes; no pits or dents in the barrels; wood looks to have had a coat of varnish or shellac applied over the original finish and not sanded; it has one hole in the toe from the missing sling swivel and a couple dings in the wood in that area; a very small crack in the wood near the toe that looks to have been glued; skeleton steel butt plate has some light surface etching; the top lever is just a little right of center; a very heavy trigger pull for each barrel; both hammers fall OK and they recock OK; Safety works fine.

Thanks again and additional comments welcome.

Jolly