"How much a firearm is worth depends an awful lot on condition, and sometimes upon special factory additions, such as fancy wood, engraving, etc. According to New Schwing's Standard Catalog of Firearms, a standard-grade Remington Model 11 is worth about $300 in excellent (almost new) condition, about half that if it still works okay but has lost much finish. The ""riot gun"" model is worth a little more, and special engraved models can be worth over $2,000, depending on grade and condition. The people you've been talking to are ignorant. The Remington Model 11 is built on the same Browning patent as the famed Browning Auto-5. Both are what is termed recoil-operated, featuring a spring-loaded barrel that recoils back into the action upon firing, activating the mechanism to eject the empty shell and pick up a loaded round. Many other shotguns work on variations of the same system, including the lightweight Franchis, but most of today's autoloaders are gas-operated, using some of the gas produced by gunpowder to work the action. These have stationary barrels, and are the shotguns most hunters use today--the reason the people you've asked don't know about recoil-operated guns like your Remington. You have a fine old shotgun. If it has any sort of engraving, you might want to have it appraised by a competent gun shop. I can recommend Capital Sports & Western in Helena, Montana (406-443-2978). "