Not all pre-64's are the same. The ones made prior to WW-2 are in a different league as to value. And to be fair 1964 is more important with model 70's than 94's. But all Winchesters made prior to WW-2 are more valuable, and will continue to be more valuable. THAT rifle will bring a lot more than $400.
That doesn't mean I'd not shoot it. But this is one of those guns that could increase enough in value to hold onto simply as an investment. Most guns are not good investments, but with current production 94's made in Japan selling for over $1000 there are a lot of people out there that would pay that or more for a pre-WW2 Winchester in good shape.
If you choose not to keep it, see that you sell, or give it to someone who will appreciate it.
That doesn't mean I'd not shoot it. But this is one of those guns that could increase enough in value to hold onto simply as an investment. Most guns are not good investments, but with current production 94's made in Japan selling for over $1000 there are a lot of people out there that would pay that or more for a pre-WW2 Winchester in good shape.
If you choose not to keep it, see that you sell, or give it to someone who will appreciate it.