Value of Leupold Scope

madmikes262

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Nov 1, 2013
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Wanting to know the value of an older Leupold scope.It started as a Vari X 3 3.5-10 X 40mm Long range M3 matte with duplex reticle.It was upgraded by Leupold to the M5 turrets and specifically set up for 308 168 SRA Mk load.It hasnt been used as I found it in a box in closet and wondering what its worth if I were to sell it.
 

BIPMaster

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Sep 20, 2010
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I bought one in great used condition off ebay for $300 shipped a few months ago. 90's manufacture Var-X III with M3 knobs and duplex reticle.
 

redneckbmxer24

Merica!
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Did you upgrade to a mil reticle too or just the M5 turrets? If you upgraded reticles I'd say maybe $750 but probably more like $700.

M3 and M1 duplex reticle scopes still bring $500-$600 regularly so I'm not sure where people are getting them for $300, the 1" tube tactical models with covered turrets and duplex bring more than that. Ebay or Gunbroker is going to be your best bet to sell it.
 

madmikes262

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Nov 1, 2013
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Did you upgrade to a mil reticle too or just the M5 turrets? If you upgraded reticles I'd say maybe $750 but probably more like $700.

M3 and M1 duplex reticle scopes still bring $500-$600 regularly so I'm not sure where people are getting them for $300, the 1" tube tactical models with covered turrets and duplex bring more than that. Ebay or Gunbroker is going to be your best bet to sell it.
Yes the Reticle was upgraded from Duplex to Mil Dot
 

FatBoy

Chris Hayes, Nashville TN
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Jul 29, 2001
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Mike,

I wouldn't take less than $700. It's probably worth quite a bit more. Leupold has fallen out of favor with many but made in USA 30mm vari-x M3s are awesome scopes. No idea about the M5 turrets, but stock M3 mildots should bring at least $700+. Anything under that is a deal.
 

BIPMaster

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Did you upgrade to a mil reticle too or just the M5 turrets? If you upgraded reticles I'd say maybe $750 but probably more like $700.

M3 and M1 duplex reticle scopes still bring $500-$600 regularly so I'm not sure where people are getting them for $300, the 1" tube tactical models with covered turrets and duplex bring more than that. Ebay or Gunbroker is going to be your best bet to sell it.
I couldn't believe the price so I jumped on it pretty quick. Eventually I will get the reticle changed to the TMR but right now it works just fine with the duplex.
 

McBridester

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Thanks for the thread. I have 2 Vari-x 3s 3.5x10x40 “tacticals” that have been sitting on a bench for at least 10years. Came across them while moving to a new shop. Now I have to decide what to do with them. Keep them/sell them/trade them for a spotting scope r rangefinder.....