There are a number of factors that can influence the value of a Franchi SPAS-12 shotgun. The folding stock is more desirable than the fixed stock version, especially if it still has the "hook." The 8-round magazine is more desirable than the shorter magazine. The cross bolt safety is more desirable than the older lever style safety (which was recalled by Franchi). A SPAS-12 with folding stock, hook, 8-round magazine tube, and cross-bolt safety in good used condition currently over the last year 2013-2014 sell at gunbroker.com online auctions from $1000- $2500 depending on accessories and condition. Less than this can be expected if not all of the desirable options are present on your model, of course. Value will only appreciate, as these shotguns are in high demand and supply is low because they are no longer produced and existing models outside the United States can no longer be imported since 1994.
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