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Market value is all based on condition. I would put the condition of your Trojan at "fair". It is a gun that looks to be 100% operational, but lacks much original finish. The 16g would carry a premium over 12g. So about $1,000 or so is accurate. If it were a 12g gun, it would be much less. I have seen 12g guns in similar condition all as low as $400.
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