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The JC Higgins name was used by Sears Roebuck from 1908 to 1961. Took a while to find a listing for this gun and the only guide I find it in is a 1983 edition, so the prices won't be much good now. It does tell me that it is a bolt action and the 583 indicates it was manufactured for Sears by either High Standard or Harrington & Richardson. Something like this would be worth up to $300 in 95% condition, with the HS name, but the Sears name will take off about $50-60, and any pitting INSIDE the barrel or chamber would take it much lower. http://www.histandard.info/PDF/Sears%20CF%20Rifles.pdf

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Q: What year was a JC Higgins Model 51 270-Win rifle with number of 58399 made and roughly how much is it worth with some pitting and blemishes on the barrel?
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