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The 46M(a) was made 1945-47, no idea if they were ever actually trainers. An intact, original rifle in excellent condition is worth quite a bit more than $100 today, look at Gunbroker, those old Mossy's are reaching over $250 pretty regularly.
My 46M is a beautiful little rifle, and a tackdriver. Old walnut and blued steel, what's not to love?
Let's see some pics of your new one.
 
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