I have 2 of the m1903s, one in nickle and a blue one. Here in NW Florida, unless you come across a real find, $300 isn't bad. I have my eyes on a third one for $285 and I consider that one reasonable. Without paper(I assume you don't mean factory papers) can only add to YOUR value. I havn't shot the nickle one yet but the blue functions great on cheap ammo and is very accurate, considering it has such a short bbl. good luck...yashua