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The Daisy No 111 model 40 started production in 1940 and was made in 8 different variations up until the early 1970's then it became the "Red Ryder model 1938" and went on from there until today with 14 different variations. It is hard to set a value for the older model 40's but there is help.
Daisy air gun company offers a free service to give you more information and set a value for you.
See the link below for the Daisy web link.
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Earn +20 ptsQ: What is value of Daisy Red Ryder Carbine No 111 Model 40?
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