Discussion in 'Valuation Corner' started by Auctioneer, Oct 5, 2015.
Sako m78 22 hornet with two 5 shot mags. Good to very good condition.
What's it worth
What somebody will give you for it!!
Welcome Auctioneer. I'd say around $700-900 depending on condition here in Australia. Its a rear locking action and not as highly sought after at the front locking L46's that were also chambered in hornet.
Perhaps it's worth that much if you auction it off and a few people start to get silly, but as a trade to a shop or private sale I'd say closer to $500.
Maybe the Hornet is worth less than the .22 LR, but I'd say $1K if in decent shape.
Not sure what it's worth in OZ, but here in the States they seem to be overvalued & I think a lot of buyers over the last few years are going to regret what they paid for them. They don't shoot very well, generally, as they are a centerfire round on a rimfire action & not all that well made, IMHO. I own none now, but have several Winchester rimfires from the 50' & 60's that I consider much superior rifles from a build & accuracy standpoint. I've owned four M78 Hornets (stubbornly tried to find one that could hit a bull in the a## with a hand grenade without success) so I speak from hands on experience. I think one can spend their money more wisely on other Sakos, as the Sako M78 Hornet niche is quite small & unlikely to hold value. Just my two cents. Like dvh said some people get "silly" & then everyone thinks that's the market value. $1000 for one like Paul7 said is insane. Problem is, people eventually come to their senses and the market collapses. I wouldn't give near what I see people paying for M78 Hornets, but like I said I had four so maybe I learned something. BTW, the magazines are worth about $100 each. Problem is if you sell them your rifle is worthless. Topgear touched on the problem, it's a one lug rear locking modified rimfire action that is poorly headspaced not a true front lug centerfire. Nuff said!
My M78 .22LR is great from a build and accuracy standpoint. None of the plastic on the current Finnfiire .22s. I can see where the .22 Hornet would be less desirable.
About 10 years ago I bought one for my father only because he had been wanting a Hornet. He actually liked it more as a gift than a rifle. I paid 600.00 for it thinking all the while that there were much better ways to spend 600.00 on a Sako. When Dad passed away, I took in a few of the Sakos he had acquired, but that one went off to a new owner. I'm very much in agreement with Paulson on every one of the points he made.
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