Daisy Red Ryder No. 111 Model 40 Value Guide

Daisy Red Ryder Series 1938 Air Rifle, 4.5 mm Caliber, 350 ...
Estimated Value
$450 – $495
Period
1940-1941
Origin
United States
Materials
Steel, Wood, Copper, Cast Iron

The Daisy Red Ryder No. 111 Model 40 is the most famous air rifle in American history, immortalized by the Red Ryder comic strip and later pop culture. This specific 1940-1941 variation is highly sought after by collectors because it represents the original design before World War II production shifts altered manufacturing materials.

What Is Daisy Red Ryder No. 111 Model 40 Worth?

The typical price range for Daisy Red Ryder No. 111 Model 40 is $450 - $495 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Condition of the copper plating on the forearm band, as these are prone to wear and oxidation.
  • Clarity and depth of the Red Ryder graphic engraving on the wooden stock.
  • Originality of the cast-iron cocking lever and internal mechanical components.
  • Overall preservation of the steel barrel's finish and the absence of significant rust or pitting.

How to Identify Daisy Red Ryder No. 111 Model 40?

  • Look for the distinctive copper-plated forearm band which was exclusive to this early production era.
  • Verify the presence of a cast-iron cocking lever rather than the later stamped steel versions.
  • Check the wooden stock for the iconic Red Ryder cowboy engraving and the 'No. 111 Model 40' stamp.
  • Confirm the lever-action mechanism is functional and consistent with the 1940-1941 design specifications.

History of Daisy Red Ryder No. 111 Model 40

Introduced in 1940, the Red Ryder BB gun was named after the popular comic strip cowboy of the era. This specific variation with the copper-plated band and cast-iron cocking lever was only produced for a short time before wartime production needs shifted manufacturing to support the military effort in World War II. It remains the most famous air rifle in American history, immortalized in pop culture through its depiction in the film A Christmas Story.

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