What is a Merkel Model 203 worth?
£1,400
Median of 2 sold results.
Too few sales to average
Only 2 confirmed sale on record, so treat this as a single data point rather than a market value. It will firm up as more sales are added.
What moves the price
The 203 is Merkel's hand-detachable sidelock over-and-under, built in Suhl and finished to a standard that embarrasses guns costing three times as much. It has never had the following in Britain that its quality deserves, which is why it is cheap.
Our results are remarkably consistent — the same figure twice — which is what you would expect of a gun bought by people who know exactly what it is.
The obscurity cuts both ways: a bargain to buy, slower to sell. Spares and servicing need a gunsmith who knows Suhl guns.
Retail expectation: £2,200 to £3,000 from a dealer.
Every recorded lot
| Description | Sale | Estimate | Result |
|---|---|---|---|
| Gebr. Merkel A 12-Bore Model 203 Single-Trigger Hand- Detachable Sidelock Over And Under Ejector Single Trigger; Hand Detachable | 29 Jul 2026 Lot 1607 |
£1,200–£1,500 | £1,400 |
| Gebr. Merkel (Suhl) A 12-Bore Model 203 Double-Trigger Over And Under Hand- Detachable Sidelock Ejector Hand Detachable | 29 Jul 2026 Lot 1611 |
£1,200–£1,600 | £1,400 |
Hammer price as published by Holt's Auctioneers. Buyer's premium and VAT are additional, so expect to pay 20–30% more than the figures above.