Could you possibly have hit an extra digit and actually have a Model 240 O/U double barrel? If so, the Standard Catalog suggests a retail value of $300 in NRA Very Good condition.AnswerI have a Stevens Model 1240 shotgun. Have no idea what it is worth. I have not been able to find it listed in any books. It is probably not worth much as it appears to have been cheaply built. Mine was handed down from a great uncle and it works real good on squirrels. It is definitely not an over/under shotgun, but a unique type of repeater I havn't seen on any other shotguns. The closest I can describe it is a type of bolt action. AnswerI have the same shotgun that you are talking about. Its a model 124C look again I made the same mistake. It's called a cross-bolt or straight action repeater shotgun with a teniate stock and forearm with a 28" barrel with 3 shot the gauge is 2 3/4. They were built from 1947 to 1952 Here's a webstie that I found it on with a pic to. Prices depending on condition the highest $200
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