Value of Norinko AK-47 Question

capecod

August 25, 2002 08:30

I am thinking of selling my 7.62X39mm preban Chinese Norinko AK-47. The rifle is in "Like Factory New" condition. Has 30 round magazine, wood forearm and wood stock with pistolgrip, cleaning rod mounted under barrel. Only 10 rounds fired through gun. Purchased it in mid 1980's brand new. No box but I have the instruction manual that came with it. I also think I have the sling and bayonet that came with it.
Thanks,
John in PA

"One Nation Under God"

Edited by - capecod on 08/25/2002 12:43:21

Edited by - capecod on 08/25/2002 21:11:43

Edited by - capecod on 08/25/2002 21:12:53

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  Nighthawk

  August 25, 2002 08:38

  I would ask $325.00 for itcheck on the GB Auctions they usually have several on Auction.
  
  
  Best!!
  
  Rugster
  
  
  Toujours Pret

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  capecod

  August 25, 2002 16:53

  Thanks Rugster - But I thought it was worth more than that - I'll check the Gunbroker Auction listings as you recommended
  John in PA
  
  "One Nation Under God"

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  v35

  August 25, 2002 18:17

  I thought preban AKs were worth between $800 and $1000.

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  capecod

  August 25, 2002 18:35

  Thanks for the above info - I couldn't find any AK47 similiar to mine on Gunbroker but I checked the other auctions just now and the couple I found were a heck of a lot more than $350.
  I think I might list it next week on Gunbroker with a minimum price of $600 and a Buy it Now price of $700.I'll take some photos tomorrow to include in the listing. Do you think this price will be ok?
  Thanks again,
  John
  
  "One Nation Under God"
  
  Edited by - capecod on 08/25/2002 22:36:33
  
  Edited by - capecod on 08/25/2002 22:37:28

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  martzkj@msn.com

  August 25, 2002 19:22

  A true preban before 1989 (I think) are in the range of 700-750. I've seen some that are not preban, however people call them preban. I think their may have been more changes later in the law.

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  lrarmsx

  August 25, 2002 19:50

  You'll commonly see these anywhere from $650 to as much as $1000+. Not having the box affects the price to many. Given that you do not have the box, I'd say your's is most likely in the $730-875 range. A lot of it has to do with where you are at in the country. If it is as nice of a condition as you say, it should bring decent money. The bayonet, sling, cleaning kit, oil bottle, and cleaning rod will help in the overall package price. In the time period these were coming in to the country, they could have come with anywhere from one to three 30rd mags. It varied given the importer and the distributor. Sometimes the extra mags were removed and sold seperately. It's hard to believe that it has been 13 1/2 years since these were imported. I remeber selling them new in the box for the mid-$300's. Oh how times change. In less than a week, back in March of 1989, they went from selling at $365 to over $1000.

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  v35

  August 26, 2002 06:08

  The Norinco AK came with canvas sling, 3-30 round magazines, Bayonet, oiler, tool kit, gas port scraper and a manual in a form fitting,polystyrene foam lined cardboard box.

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  capecod

  August 26, 2002 10:07

  I found that I do have the bayonet, three 30round Mags, sling, oiler, cleaning rod and instruction manual but none of the other items you mentioned. In fact the sling and oiler are still in the sealed plastic bag they came in. I don't remember the box looking the way you described it but it was a long time ago that I bought the gun - back in the 80's - so it might just be my failing memory!!
  Thanks for the info.
  John in PA
  
  "One Nation Under God"
  
  Edited by - capecod on 08/26/2002 14:10:12

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