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Manhatten Arms was a trade name used by several manufacturers on shotguns made for the various large catalog and hardware chains around the turn of the 20th century. The fact that yours is hammerless and marked for 'nitro powder' (smokeless powder) indicates manufacture sometime after 1900 but before 1920. Your gun was probably made by the Hunter Arms Co (the same company that made LC Smith shotguns from 1890-1945) for a major New York hardware/catalog store. As to value, condition and originality are most important. An excellent original example might bring $400 from an LC Smith collector.

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