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If you want to make money, you'll have to part it out. I'm sure it's a nice good shooting rifle, but it would cost way to much time and money to restore it to a configuration that I'd enjoy.
If I have to replace the front sight and bayonet assembly, the stocks, the sling, the cleaning rod, and the cleaning kit, I don't think I would pay more than $150 for it. And I know that it's worth way more than that in parts.
The problem is that I couldn't make enough selling the parts that I wouldn't use to finance the restoration, and then I'd still have a mismatched number Mixmaster rifle. Why bother when I can get a late model Norinco all numbers matched rifle for $300-400
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Thanks for the comments.
I've seen the all original Chinese SKSs, with bayonet and original stock (but rarely the cleaning rod and kit) for $300 upwards. A pretty nice one with some ammo may be advertised for $400 +. I have not seen any kind of complete SKS rifle advertised for $150 in many years, anywhere. That doesn't mean they are not out there or could be bought that cheap.
I don't plan on selling my SKS for any less than $300, and probably won't sell it for that. And, I don't plan on parting it out. I've had it for 15 years, and it is clean, no rust, no pitting, and shoots great as it; and, I like the modifications and upgrades. The only reason I was even thinking about selling it was to make room for another AK style rifle.
For those who only want an SKS in original condition, there are plenty of them out there for sale; the woods are full of them.
In terms of parting out the SKS, on eBay, an original SKS wood stock with hardware is selling for $65 to $100; a bayonet for $20; complete bolt and bolt carrier $75 to $100; front sight block, with bayonet lug $50; long gas piston $30; short piston and spring $40; gas tube $20 to $ 50; complete trigger assembly $75 to $100; bolt carrier dust cover $40; original 10 round mag $20 to $50; recoil spring $15 to $20. These prices are just a quick check on eBay, and there are some variation on prices, but this is a pretty accurate representation...
Using the lower end prices, that is $450; using the higher end prices, it is $600.
You are right, selling just the parts, minus the barreled receiver, is most likely the way to make money on an SKS.