The value of a 1947 Ithaca Model 37 12 gauge shotgun typically ranges from $300 to $800, depending on its condition, originality, and any unique features. Factors such as the presence of original parts, overall wear, and whether it comes with the original box can significantly affect its market value. For a more precise appraisal, it's advisable to consult a firearms expert or check recent sales of similar models.
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