Oh and its probably considered to be in poor condition with some rust
What condition is it in?
What condition is it in. That determines the value.
Red Ryder BB Gun was created in 1938.
It all depends on the current condition.
A new Daisy Red Ryder cost around $40
The Daisy No.111 model 40 was made from 1939 to 1952
25 USD or so
What condition is it in. The current condition determines the value. Also is it still working.
Red Ryder BB gun .
Typically the Red Ryder sells for around $30 - $35
Red Ryder BB gun .
Daisy has been making the Red Ryder series almost continuously from 1939 to today. The Red Ryder's that have a metal lever action (not plastic) are the most desirable. It is hard to place a value on them because so many were manufactured. They made so many that Daisy stopped issuing serial numbers and started using Batch numbers in 1952 for the Red Ryder models. I'm attaching a link to "Daisy Antique" for you to follow and give them your information. They have more information than anyone else about value and determining the exact model you have. (See the link below.)