What is the value of a Winchester model 97 16 ga mfg 1953 sn 987584?

The Winchester model 1897 shotguns are valued at 125 dollars for a gun with 10% of the original finish remaining all the way up to 600 dollars for a fine specimen with 95% of the original finish remaining.Because yours is a 16ga shotgun you can add 50% to the prices that I quoted.