.243- or .308-caliber bolt-action rifle, with 23" barrel, furnished without sights and 6-shot magazine. Blued, with checkered walnut stock. Discontinued in 1986. Offered in same variations as Model 500 series-501S, 501DL, 501DLS, 501EELL and 501EELLS. Values for this series are same as for 500 series rifles.