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It all depends on the current condition of the rifle and does it still work. Unfortunately you have not given any information about the condition so it is not possible to answer you here. So here is what I suggest. Daisy offers a free service to help you with more information about your Daisy. See the link below.

I apologize for not noting the condition. Looks like it has never been used. Mint condition.

In 1952 Daisy started using "batch numbers" instead of serial numbers, because they made so many of them. The model 1938 Red Ryder was a 650 shot model. (There are 14 different versions of the Red Ryder model. Not to be confused with the "1938 gold rush," "1938 Millennium" "1938 Land of buffalo Bill," etc etc.) In Mint condition it would have an estimated value of around $50 to $55.

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Q: What is a Red Ryder 650-shot BB repeater worth lot no 1206020002 Mint Condition in all aspects?
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