In order to give you an estimate of value I need to know the condition of the rifle. Since you did not provide this information, I can't help you, So I'm going to give you a web link to "Daisy Antiques" This should give you more information.
See the link Below
The model 111 was a Daisy Western Carbine (Not a Red Ryder) It was made from 1963 to 1978. The Daisy No: 111 model 40 (Not Model 111) was a Red Ryder and was made from 1940 to 1952.
The red ryder no 111 was made from 1939 to 1971. Then it became the 1938 model from then on to today
What condition is it in. The current condition determines the value. Also is it still working.
What condition is it in?
Please state the condition of the Daisy. The original model was the No. 111 model 40 made in 1940-41.
An original Red Ryder cost somewhere around $2.50 to $3.00. This would be a No. 111 model 40. The Red Ryder started production in 1939.
The Daisy No.111 model 40 was made from 1939 to 1952
The condition of the BB rifle determines the value. What condition is it in. Is it still in the box? There are about a dozen different versions of the Red Ryder. Which one is yours? is it a "NO 40 model 111 or is it a 1938 model. Does it have plastic or is it made of wood. All this information is necessary if you want an estimate of value.
Are you asking about the Red Ryder 94 Carbine? If so it was Mfg 1955-1962. Value as follows: 80%=$60, 90%-$100, 95%=$150, 100%=$250 --------------------------- I think this Red Ryder gun is older. Did they make one before 1955? ----------------------------- New to this. This was my fathers gun ( I am 63yrs). It is a Red Ryder Daisy carbome #111. ----------------------------- The model 111 was made between 1963-78. Yes Daisy did make several models that looked like the Red Ryder before 1955. The model B was made between 1910-23. The model 27 was made between 1927-32. There were several others that eventually became the Red Ryder. But I need more info to identify it.
It all depends on the condition of the rifle. Without knowing that no estimate of value can be given. However there are over 18 variations of Red Ryder that have been made over the years. Starting with the No. 111 model 40 in 1939 and the model 1938 starting in 1972. I suggest you contact Daisy directly at the link below and ask them.
Daisy made a model 94 Carbine from 1954 - 1962, they also made a model 111 western carbine from 1963-1978. I can find no information on a Red Ryder 1938 carbine. However the 1938 Red Ryder is still in production.
The Daisy No 111 model 40 started production in 1940 and was made in 8 different variations up until the early 1970's then it became the "Red Ryder model 1938" and went on from there until today with 14 different variations. It is hard to set a value for the older model 40's but there is help. Daisy air gun company offers a free service to give you more information and set a value for you. See the link below for the Daisy web link.