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The receiver may already be drilled and tapped for a Savage no. 150 micro peep sight.( two screws close together on the left side) If you see well enough a receiver sight like this is quite accurate and as that model should already have the mounting holes tapped for it that would not decrease the value of the weapon if it is a collector in good shape. If it is not accurate with the sights on it adjusted properly a scope will not magically improve accuracy. If the barrel is in good condition and the rest of the rifle is in good shape it may actually decrease the value of the weapon. Considering it's age.. somewhere between 1936 - 1965 butchering one in decent shape is not something a caring gunsmith would be happy doing...that said it can be done. You can also take a collector 1903 Springfield in original condition with matching numbers worth thousands and make it into a scoped sporter with a cutdown stock worth a few hundred at best.

As far as mounting a scope on it, that would require drilling and tapping mounting holes. This should only be done by a qualified gunsmith. Aside from possibly damaging the firearm the other issue is a gunsmith will have the jigs and fixtures to insure proper alignment for accuracy. A dealer that handles Weaver products may have the mounts to top mount a scope for you. A #12 and a #13 base would be needed as well as having it drilled and tapped for them. To side mount one a # 2 side mount base should do it.

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April 2011

A Weaver Side Mount Base #2 will mount on your Model 5. One-inch side mount scope rings then mount to the base.

The original side mount for the Model 5 was the Weaver N3, which held 1/2" rings. These are no longer made.

After WWII, most Model 5's were drilled and tapped at the factory for the Weaver N3 mounts. Many people also took their pre-war rifles to their gunsmith and had holes drilled/tapped after the fact. These may or may not be expertly done.

Note that the original 1950s-1960s tapped holes were 10/32 threads, and modern scope mount hardware will have 8/32 threads.

I have a post-war Model 5 that's drilled/tapped, and it has the Weaver #2 base on it. I also have a pre-war Model 5 that's not drilled, and I wouldn't dream of touching it with a drill bit.

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