If your browning 16ga shotgun is a auto-5 then it was made by FN of belguim for browning in 1927.
If we are talking about a Browning auto-5 shotgun in 16 gauge?Then the serial number that you provided indicates that your shotgun was made in the year 1950.
BAYARD/ PIPER IS AN OLD BELGIUM GUN MAKER, IF ITS A 12 GAUGE BORE ITS A SHOTGUN AND WORTH ABOUT $150
To answer the question, you need to provide a detailed description of the shotgun to include action type, gauge and all markings.
Made in 1927.
Impossible to answer without a detailed description of all features and action type.
Try the library and old gun catalogs.
Go to Browning.com and look for serial numbers under customer service
If you have a Browning auto-5 shotgun in 16 gauge(you do not state)then it was made in the year 1928.
Your browning model auto-5 shotgun in 16ga.was made by FN of belguim for browning in 1951.That makes your shotgun 60 years old.
50-100 USD or so
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