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It depends on when it was made. The Spanish company has made shotguns since 1932. In the mid 60's and early 70's the 20 GA box lock gun sold new for $1200. Current value for a 95% + gun would be in the $600 to $800 dollar range based on options ie. stock finish and degree of engraving.

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Q: What is a 20 ga Zabala Hermanos Double Barrel Shotgun worth?
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