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My rough estimate would be $950 - $1000. That seems to be what they are going for at gun shows in southern Illinois. If the gun is engraved, that would add to its value. You can purchase a new Red Label 28 gauge for $1150 from Walmart (see their website for details).

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Q: How much is a Ruger Red label over and under 28 gauge shotgun in mint condition worth?
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