A while back I bought a Type 38 Carbine for $150 without looking it over very well. It needed a safety knob, firing pin and spring...no big deal. After I bought it I looked it over and it turned out to be a Nagoya no series, total production 2,000 rifles, the rarest variation of 38 carbine. I just traded it off to a friend who has/had one of the best Jap collections in the country but never had this variation. He gave me about $1,600 in trade on it. So, yeah, I hit it out of the park on that one.
This past weekend I found a sportered Type 38 in a nice Fajen stock. I noticed that the barrel was stepped at the end and it seemed to have been a carbine not a cutdown. I picked it up for $100 and it turned out to be an original Carbine with minimal damage. Mukden Arsenal and total production of 7,000 rifles, the second rarest variation of 38 carbine. I will restore this one and may or may not keep it. The next rarest carbine had a run of 80,000 rifles.
What are the chances though of finding the two rarest variations back to back and for under $200 without actually knowing what I was buying until after the fact?