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The value of a 1938 Russian sniper rifle chambered in 7.62x54mm can vary significantly based on its condition, provenance, and any historical significance. Generally, these rifles can range from a few hundred to several thousand dollars, especially if they are in excellent condition or come with original accessories. Collectors often prioritize rifles with matching numbers or those that have documented service history, which can further increase their value. For an accurate appraisal, it's best to consult a firearms expert or reference recent sales in similar conditions.

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