I just picked up a Valmet m/76s in .308, acquired from a Gunbroker auction. I've been wanting one of these for a while, but they are not often seen. The m/76s is a commercial semiauto rifle built on a Kalashnikov-type action. The original m/76 was the Finnish equivalent of the Soviet AKM, which is to say it has a stamped sheet metal receiver (unlike the military rk/62, which was built on a milled receiver). The m/76 is most commonly seen in .223/5.56 NATO, but was also made in .308/7.62 NATO and (a very few) 7.62x39. The 76 was made from about 1976 through the mid-80's. The .223, the most common version, was made on the stamped receiver. Most of the .308 versions are built on a milled receiver that is somewhat different from either the stamped-receiver m/76 or the m/62. The .308 was available in three different stock configurations - plastic, wood, and a T-shaped folding metal stock like the non-folding one on the rk/62. The plastic version is the most common, but I chose to avoid it because plastic Valmet stocks have a well-earned reputation for cracking. What I wanted was wood, and one finally came along at a (semi) reasonable price, in top condition, with an original 20-round magazine. The mag is important; all Valmet mags are scarce and expensive, but the .308 mag for the m/76 is especially hard to find, and sellers on Gunbroker usually want ridiculous prices. I'm not aware of any other mag that can be converted to fit the .308 m/76; the Valmet 78 uses a different, incompatible magazine. The .308 is frequently found with only a 9-round mag - not something I wanted to deal with. The bonus is that the gun I got has very nice wood for a military semiauto. It appears to be black walnut and has more color and figure than most sporting rifle stocks. As another bonus, this is one of the few used guns I have ever bought that was actually clean. I have not yet had a chance to test-fire it; I'm hoping to get to the range tomorrow and will post a report if I do. The Finns made a number of improvements to the original Kalashnikov design. The forward-mounted open sight was replaced with an aperture sight mounted on the top cover, and the top cover is held in place with ears on the receiver. The gas block was redesigned and the front sight moved from the barrel to the gas block. Overall quality is vastly improved, especially the barrel. A typical Valmet will shoot groups half the size of a typical AK. It is not well known, but the Israeli Galil was designed using the Valmet as a basis. The Israelis further modified the design to fit their needs. They added a left-side thumb safety, eliminating one of the most annoying quirks of the AK design. They also added an ambidextrous cocking lever and a much-improved folding stock. If you look at a Galil, the Valmet heritage is clear in the sights and the design of the gas block. All Galils have milled receivers and folding stocks. This is not surprising; mounted troops are the heart of the Israeli infantry so the design was standardized for easy carrying inside an armored vehicle. Here are some photos My new m/76s Another m/76s, in .223/5.56 NATO. This one has a stamped receiver. A case I picked up back in the 90's when I started collecting Valmets. Probably sold by the importer. A Valmet 76 in .308 with the folding stock. Note the longer barrel and the difference in the rear trunnion. Not sure where I got this photo, maybe from a friend. It's not my gun; I've never owned a .308 folder.