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Your serial number indicates that your Winchester model 42 shotgun was made in the year 1953. That depends on the grade and condition with the range from about 0 for a poor condition standard grade to 00 for a pigeon grade in excellent condition.Have it appraised and identified by a gunsmith or collector.
The serial number will only tell you when the gun was manafactured. I've tried the usual locations (Win Dates of Manufacture, Gun-Data.com, Proofhouse). Around 1964 winchester was going through some inside changes. Apparently the seller was not able to read what is a very clear s/n 182747. I can find no information about year of manufacture or even other 1200's with such a s/n.In the plain field grade it is worth about 00 in good condition, and much more if it is a skeet or trap gun, or a deluxe grade.
The winchester model 42 slide action shotgun was made from 1933-1963,with a total production fiqure of 164,800winchester model 42 shotgun was made in 1937value of these fine shotguns based on the standard model is between 1,200 dollars for a shotgun with 60%original finish remaining,up to 1,975 dollars for a fine example with 95%original finish remaining.Before this can be answered,there must be some clarification.