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Hard to say. The cheapest I have ever seen was a .22 Short "zip" gun, made from a length of automobile radio antenna. During WW II, Phillipine guerillas made shotguns from a length of water or gas pipe, string, and a hand carved bit of wood. In the 1897 Sears catalog, they did advertise a .22 Short revolver for the incredible price of 69¢. Yes, 69 cents
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