They don't carry the price premium they should, because they are not "new" I suspect. So the barrel code indicates a manufacturer date of January 1972. You receiver serial number closely matches the 1972 date so that is the correct year as your gun is obviously older then a 2002 model. The 870 did not exist in 1928 so that is not it. They say it's like it runs on ball bearings and I think that's accurate. The 'W' is the years of 1928, 1972, or 2002. The 31's was arguably the smoothest pumping pump gun ever built. If you do go for the 870, the police and Wingmasters versions are a better version alternatives, certainly the older ones are as good, perhaps better (according to about everyone), than the new ones. If you are thinking of getting a pump 12 ga, you won't do better than an old used Model 31. However, the Model 31 is a much better shotgun and they couldn't come close to reproducing it with today's costs for anywhere near what it would cost to make. They needed to get the costs down to compete, so they did the usual things, figured out how to cut corners, eliminate hand gunsmithing and shave costs by making a cheaper version and they hit a home run with the 870. The barrel dates it to 1972 and it has what appears to be a serial number on it. Location: WA/AK : Remington 870 Serial Number Prefix Codes 1950 - 1967 No Prefix 1968 - 1973 S Prefix 1974 - 1977 T Prefix 1978 - 1983 V Prefix. As an aside for people looking for amazing price to performance ratio: Remington made something called a Model 31 that predated the 870. I recently acquired an older 870 Wingmaster Magnum.
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