I recently (two months ago) sold a 16 gauge 1926 SW for $1520.
The guy buying it wanted a gun for an upgrade project. This gun had no finishes left, the barrel blueing had been stripped maybe 15 years ago to start a refinishing but then left that way. And the stock had been stripped of finish and cut to 12" LOP. In short, it looked a disaster.
However, no rust of any significance anywhere. 28" #3 weight barrels never honed and tightly choked. Bores completely clean. Tight and on face. In short, a great starting point for an upgrade. And that was the assessment of the gunsmith overseeing the project. They had been looking hard and couldn't find a better starting point for $1500 or less.
It wasn't a gun to take out and hunt but they couldn't find a shooter that was whole for less. Good luck in your search.
