What is the value of a JC Higgins 12 gauge bolt action Model 58316?

If it has the bolt, it is worth about $60 which is the amount Sears will pay through their recall program on that shotgun. More input from FAQ Farmer Charles: "the gun was made in 1948 the 12 gauge models is getting scarce. In good condition and complete are woth between 75 and 100 dollars . JCHiggins collector like myself would pay more. I own one of these it has been in the family for more than fifty years it has been and still is one of the safest most reliable gun s I have ever owned. There was a bogus Recall by Sears of this gun they gave a fifty dollar gift card for the bolt which ruins the gun. I will pay 100 dollars for the bolt."