I'm not sure about it's value but when I was a kid we had one in the family and shot regular factory 32 shorts in it. I'd like to find another one. If you decide to get rid of it, let me know.
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see text: Iver Johnson Arms and Cycle works 1871 - 1978
50-100 USD
I have one also. Did you gen an answer?
50-125 USD
On the right lower forward section of the frame under the barrel pivot bolt.
the serial number is under the grips
$50-100, depending on condition.
this might helpi have a handgun from Iver Johnson and cycle works and its a 32 5 shot and the searial is 78565 and the date eched is niv 17th 1908
Try here - http://www.geocities.com/iverjohnsoncollector/AskMe.Htm
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A publication entitled Iver-Johnson Arms & Cycle Works Firearms 1871-1993 has a list of most serial #'s with dates of production, published by Gun Show Books Publishing.