Current Value Of A Beretta 687 (2026 Price Guide)

The Beretta 687 series represents a pinnacle of Italian shotgun craftsmanship, blending elegant aesthetics with exceptional performance on the clay course and in the field. Renowned for their reliability, balance, and beautiful engravings, these over-and-under shotguns are highly sought after in the new and used markets. Understanding the specific model, condition, and market dynamics is crucial for any owner looking to accurately assess the value of their firearm and navigate the sales process effectively and legally.

What Determines Your Beretta 687’s Worth

The primary driver of a Beretta 687’s value is its specific model, which dictates the level of craftsmanship, quality of materials, and intricacy of the engraving. The hierarchy ranges from the accessible 687 Silver Pigeon III to the exquisite, high-grade 687 EELL Diamond Pigeon models. While cosmetic condition is paramount—the quality of the wood, the depth of the engraving, and the state of the metal finish—a high round count has surprisingly little negative impact. These shotguns are engineered for high-volume shooting, and the market values a well-maintained firearm with signs of honest use over a neglected one, regardless of how many shells it has cycled.

2026 Price Breakdown by Generation

687 Silver Pigeon III (Entry-Grade)

As the entry point to the 687 series, the Silver Pigeon III offers Beretta’s renowned quality and performance at a more accessible price point. With a manufacturer’s suggested retail price starting around $3,259, it represents a significant investment for a new shooter. In the used market, these models are a popular choice, with an average price of approximately $2,500. Some listings for used Silver Pigeon III shotguns can be found for as low as $1,800, depending on their condition and the specifics of the sale, making them an excellent value for those seeking premium Italian craftsmanship without the top-tier price tag.

The value of the Silver Pigeon III is rooted in its robust, reliable action and versatile design, making it suitable for both hunting and clay shooting disciplines. Its value retention is strong because it serves as a workhorse shotgun that also boasts elegant game-scene engravings and quality walnut stocks. When assessing its worth, potential buyers look for a clean, well-maintained firearm. While it lacks the hand-finished details of its more expensive siblings, its reputation for durability ensures that even well-used examples command respectable prices, provided they have been properly cared for throughout their service life.

Mid-Grade & Specialty Models

Occupying the space between the foundational Silver Pigeon III and the premium EELL models, Beretta’s mid-grade and specialty 687 variants offer enhanced features that command higher values. These shotguns often feature upgraded wood grain, more extensive engraving coverage, or unique configurations tailored for specific shooting sports. Their value is determined by the degree of these enhancements. A model with a higher grade of walnut and more detailed scrollwork will naturally fetch a higher price than a base model, appealing to buyers who desire a touch of exclusivity and artistry without committing to the cost of a top-of-the-line Diamond Pigeon.

In the used market, these intermediate models can be more difficult to price due to their variety. Their value is heavily influenced by their specific features, overall condition, and the completeness of the original package, including the case and accessories. A seller must accurately identify and highlight these upgraded attributes to realize the firearm’s full potential value. For buyers, these shotguns can represent a sweet spot, providing a significant step up in aesthetics and feel over the entry-grade models for a price that remains well below the premium EELL tier, making them a desirable find.

687 EELL Diamond Pigeon (Premium-Grade)

The 687 EELL Diamond Pigeon sits at the apex of the 687 line, representing a significant leap in artistry and material quality. These shotguns are distinguished by their lavish, hand-finished engravings on sideplates and highly figured, premium-grade walnut stocks. This level of craftsmanship is reflected in their price, with new models ranging from approximately $6,600 to over $11,000. The EELL designation signifies a commitment to old-world gunmaking traditions, and each firearm is as much a piece of functional art as it is a high-performance sporting tool. Their value is intrinsically tied to this elite level of fit and finish.

On the secondary market, the 687 EELL Diamond Pigeon models command significantly higher prices than their stablemates. While the average used 687 might sell for around $2,500, these premium shotguns retain a substantial portion of their original value due to their desirability and limited production. The final sale price depends heavily on the condition of the intricate engravings and the quality of the wood finish. Discerning buyers of these models are paying for aesthetic perfection, so any significant cosmetic flaws can have a more pronounced impact on value compared to the more utilitarian grades in the 687 family.

Condition & Market Factors

Beyond the specific model, the most critical factor in a Beretta 687’s valuation is its physical and mechanical condition. Unlike many firearms, a high round count is not a major deterrent for buyers, as these shotguns are built to withstand extensive use. Instead, the focus is on cosmetic appearance. The condition of the wood stock and forend, the sharpness of the engraving, and the integrity of the metal finish are what truly drive the price. Scratches, dents in the wood, or wear on the bluing will have a much greater negative impact on its value than its history of use at the range or in the field.

When you decide to sell, the venue plays a significant role in the final price. Selling privately will typically yield the highest return, but it requires more effort to find a buyer and navigate the legal requirements of the transfer. Conversely, selling to a licensed dealer offers speed and convenience. A dealer will typically offer between 50% and 70% of the shotgun’s used retail market value. The exact offer within this range will depend on the firearm’s condition, the specific model’s desirability, and the dealer’s current inventory needs, with faster-selling models receiving more generous offers.

How Modifications Affect Value

The market for Beretta 687 shotguns does not have a clear consensus on modifications that consistently add to the firearm’s resale value. Most alterations, such as aftermarket recoil pads or adjustable combs, are considered personalizations tailored to a specific shooter’s needs. While these may make the shotgun more functional for that individual, a new buyer will likely have different preferences and may see these changes as something to be reversed. Therefore, owners should view modifications as an expense for personal enjoyment rather than a financial investment that will increase the gun’s market price upon resale.

Similarly, there is no definitive list of modifications that are guaranteed to hurt the value of a Beretta 687, aside from those resulting from poor workmanship or permanent, irreversible changes to the firearm’s core components. The prevailing preference among discerning buyers, particularly for the higher-grade models like the EELL Diamond Pigeon, is for the shotgun to be in its original factory configuration. Any deviation from this standard can narrow the pool of potential buyers and may negatively impact the final selling price, as collectors and purists will almost always pay a premium for originality and unaltered condition.

Regional Price Variations in 2026

The Beretta 687, as a family of break-action shotguns, generally avoids the most stringent firearm regulations in states like California and New York. This broad legality ensures a relatively stable national market. In fact, specific models such as the S687 EELL Diamond Pigeon are listed as compatible with safety devices in California, indicating they are permitted for sale. However, because a definitive consensus on the legality of every single 687 variant across all states is not readily available, sellers should always verify local and state laws before listing their firearm for sale to ensure full compliance with all applicable regulations.

While major price swings based on geography are uncommon for a nationally recognized firearm like the Beretta 687, minor variations can occur due to local market demand. Regions with a strong culture of upland bird hunting or a high concentration of sporting clays clubs may see slightly higher demand and, consequently, more competitive pricing. Conversely, in areas where these activities are less popular, the local market may be smaller, potentially requiring a seller to be more patient or flexible on price. Ultimately, the shotgun’s inherent quality and brand recognition create a fairly consistent value baseline across the country.

Online vs Local Sales

Selling a Beretta 687 online to a buyer in another state involves strict legal protocols. Federal law prohibits the direct transfer of a firearm between private citizens across state lines. The transaction must be facilitated by a Federal Firearms Licensee (FFL). The seller is required to ship the shotgun to an FFL dealer located in the buyer’s state of residence. The buyer must then visit that dealer to complete all necessary paperwork, including the ATF Form 4473 and a federal background check, before they can legally take possession of the firearm, ensuring the entire process remains compliant with federal law.

The logistics of shipping the firearm also have specific rules. Major carriers like UPS and FedEx now prohibit private individuals from shipping any firearms; only licensed dealers are permitted to use their services. This means a private seller must either take their Beretta 687 to a local FFL to have it shipped or use the United States Postal Service (USPS). While private citizens can legally ship a long gun like a shotgun via USPS, they must declare the contents and adhere to all federal, state, and local laws governing the shipment, making the FFL-to-FFL route a simpler and often preferred method.

In contrast, a local sale to a resident of the same state is governed by state and local laws, which vary significantly. While federal law does not mandate a background check for private, in-state transactions, many states have enacted their own laws requiring such sales to be conducted through an FFL. This process mirrors the final step of an interstate transfer, with both parties meeting at a dealer to complete the paperwork. Even in states without this requirement, using a bill of sale to document the transaction details is a highly recommended practice for the personal records of both the buyer and seller.

The FFL Buying Advantage

Utilizing a Federal Firearms Licensee (FFL) is essential for ensuring the legality and security of most firearm transactions, especially those conducted across state lines. For an interstate sale of a Beretta 687, the FFL in the buyer’s state acts as a crucial intermediary. This licensed dealer is responsible for receiving the firearm, verifying the buyer’s identity, and conducting the mandatory NICS background check. This process provides a critical layer of legal protection for both the seller and the buyer, creating an official record of the transfer and confirming the buyer is not legally prohibited from owning a firearm.

For sellers seeking a fast and hassle-free transaction, selling directly to an FFL dealer is an attractive option. While a dealer will not pay full retail value, they provide immediate payment and handle all the complex legal paperwork. Typically, a dealer’s offer for a Beretta 687 will be between 50% and 70% of its current used market value. The convenience of this arrangement—eliminating the need to find a private buyer, negotiate a price, and coordinate a legal transfer—is a significant advantage for those who prioritize a secure and efficient sale over maximizing their financial return.

What Increases Your Offer

A meticulous pre-sale cleaning is one of the most effective ways to increase the perceived value of your Beretta 687 and attract higher offers. Begin by disassembling the barrels from the stock and receiver to allow full access. Thoroughly clean the bore, chambers, and choke tubes to remove all traces of carbon fouling, plastic wad residue, and any potential rust. After cleaning, apply a very light coat of quality gun oil to the choke tube threads before reinstalling them. A common error is over-lubricating; use a rag to apply a thin film of synthetic gun oil to all metal surfaces, then wipe away any excess to prevent attracting dust and debris.

High-quality photography is non-negotiable for achieving the best price in an online sale. Position your Beretta 687 against a simple, uncluttered background that doesn’t distract from the firearm itself. Use soft, even lighting—such as natural light from a window on an overcast day—to eliminate harsh shadows and accurately represent the gun’s condition. To ensure your images are sharp and clear, use a tripod or rest your camera on a steady surface. Capture the shotgun from multiple angles, and include detailed close-ups of the receiver engravings, manufacturer markings, wood grain, and any notable wear or damage to be fully transparent with potential buyers.

While the market may not have a defined financial penalty for incompleteness, presenting your Beretta 687 as a full package can significantly boost its appeal and lead to better offers. This includes the original factory hard case, the owner’s manual, any included paperwork, and the complete set of factory choke tubes with the wrench. Having all the original accessories demonstrates that the firearm has been well-cared-for and provides the new owner with everything they need. This level of completeness makes your listing stand out from others and can be the deciding factor for a buyer choosing between two similar shotguns.

When to Sell Your Beretta 687

One of the most strategic times to sell a used firearm is during tax refund season, which generally runs from February through April. During this period, many potential buyers have more disposable income and are actively looking to make significant purchases they may have postponed. Listing your Beretta 687 during this window can tap into a larger pool of motivated buyers, potentially leading to a quicker sale at a more favorable price. The increased market activity creates a competitive environment that can work to the seller’s advantage, making it an optimal time to list a premium shotgun.

Another prime selling window, particularly for a versatile shotgun like the Beretta 687, occurs in the months leading up to major hunting seasons. The period from August through September often sees a surge in interest as hunters and sporting enthusiasts prepare for the upcoming fall season. Shooters may be looking to upgrade their equipment or acquire a new firearm for specific types of hunting or clay shooting events. Capitalizing on this pre-season excitement can significantly increase the visibility of your listing and connect you with buyers who are ready to make an immediate purchase for their planned activities.

Conversely, sellers should be aware of slower periods in the market. The summer months are often considered an off-season for firearm sales. With potential buyers focused on vacations and other outdoor activities not related to shooting sports, demand can soften considerably. While it is still possible to sell a firearm during this time, it may take longer to find an interested party, and you might need to be more flexible on your asking price to generate interest. For sellers who are not in a hurry, waiting for the peak seasons in late winter or late summer is often the most prudent financial strategy.

Common Pricing Mistakes

A frequent error sellers make is incorrectly correlating round count with value. With a high-quality, durable shotgun like the Beretta 687, which is designed for tens of thousands of rounds, the number of shells fired is a poor indicator of its worth. The market places a much higher premium on the firearm’s cosmetic condition. A pristine shotgun with a high round count will almost always be valued higher than a rarely-fired example that has scratches, dings in the wood, or worn bluing. Sellers should price their firearm based on its physical appearance and mechanical soundness, not just the logbook.

Failing to understand the model hierarchy within the 687 series is another common pricing pitfall. A seller might see an average price for a “Beretta 687” and incorrectly apply it to their specific gun. Pricing a standard 687 Silver Pigeon III in the same bracket as a highly embellished 687 EELL Diamond Pigeon will deter knowledgeable buyers. It is essential to accurately identify your shotgun’s specific model and grade to research comparable sales and set a realistic price that reflects its true position in the Beretta lineup, from the functional field grades to the heirloom-quality premium models.

Many sellers are disappointed by offers from dealers because they misunderstand the business model. Expecting a licensed dealer to pay the same price as a private buyer is an unrealistic expectation that leads to pricing mistakes. Dealers must account for business overhead, profit margin, and the time the firearm may sit in inventory. Their offers, typically between 50% and 70% of the used retail value, reflect this reality. A seller must decide whether they want to price their shotgun higher for the private market, which requires more time and effort, or price it for a quick, convenient sale to a dealer.

Market Outlook for 2026

While forecasting the future of any market with absolute certainty is impossible, the Beretta 687 series is well-positioned to maintain its value. The brand carries a global reputation for producing reliable, elegant, and high-performing firearms. Classic over-and-under shotguns, especially those from esteemed Italian manufacturers, tend to be insulated from the volatile trends that can affect other segments of the firearms market. The timeless appeal and proven durability of the 687 platform provide a strong foundation for stable long-term value retention, making it a relatively safe investment for a shooting enthusiast.

Looking ahead, the demand for premium sporting and field shotguns is expected to remain consistent. The Beretta 687 appeals directly to the dedicated communities of sporting clays shooters and upland hunters, demographics that value quality and are willing to pay for it. Barring any unforeseen and significant changes in firearm regulations that specifically target break-action shotguns, the secondary market for well-maintained examples of the Beretta 687 should remain robust. Its status as a desirable, heirloom-quality firearm will likely continue to support strong and stable pricing in the coming years.

Frequently Asked Questions

Does a high round count significantly lower my Beretta 687’s value?

No, a high round count does not significantly reduce the value of a Beretta 687. These shotguns are renowned for their durability and are engineered to handle high-volume shooting in disciplines like sporting clays. The market for these firearms places a much greater emphasis on the gun’s cosmetic and mechanical condition. A well-maintained shotgun with a clean finish, unmarred wood, and sharp engraving will hold its value far better than a low-round-count gun that shows signs of neglect or improper storage. Buyers are more concerned with how the gun was cared for than how often it was used.

How much more is a 687 EELL Diamond Pigeon worth than a Silver Pigeon III?

The value difference between a 687 EELL Diamond Pigeon and a 687 Silver Pigeon III is substantial. The EELL models represent the top tier of the line, featuring extensive hand-finished engraving, sideplates, and premium-grade walnut. New EELL models can cost from two to four times as much as a new Silver Pigeon III, with prices ranging from $6,600 to over $11,000. This significant price gap is mirrored in the used market, where the EELL’s superior craftsmanship and artistry allow it to command a much higher resale value than the more utilitarian, though still excellent, Silver Pigeon III.

Will I get more money selling my shotgun privately or to a dealer?

You will almost certainly receive a higher price by selling your Beretta 687 in a private sale compared to selling it to a licensed dealer. A private transaction allows you to set a price closer to the firearm’s full retail used value. However, this path requires more effort in finding a buyer and managing the legal transfer. A dealer offers convenience, speed, and security, but in exchange, their offer will be lower, typically between 50% and 70% of the gun’s market value, to account for their business costs and profit margin.

Is it worth refinishing the stock to fix scratches before selling?

Whether to refinish a stock depends entirely on the quality of the work. A professional-grade stock restoration that expertly repairs scratches and restores the original finish can potentially enhance the shotgun’s value and appeal. However, a poorly executed amateur refinishing job can drastically decrease its value, as it often looks unnatural and can damage the wood. For high-grade models, in particular, many discerning buyers prefer the original finish with honest signs of use over a flawed or obvious refinish. If you are not a skilled woodworker, it is often safer to sell the gun as-is.

Does my shotgun need to be in original configuration to get the best price?

Yes, for a classic firearm like the Beretta 687, the market generally pays a premium for shotguns that remain in their original factory configuration. This is especially true for the higher-grade, more collectible models. While some practical modifications like an adjustable comb or a custom recoil pad might suit a specific user, they rarely add to the monetary value and can sometimes detract from it, as a new owner may have to pay to have them reversed. Presenting the shotgun as it left the factory is the surest way to appeal to the broadest range of potential buyers and achieve the highest possible sale price.