North American Arms Bug Out II (.22 Magnum) — Used Price & Value 2026 | GunPrice Value Guide

North American Arms Bug Out II

.22 Magnum·Used Price & Value Guide 2026

About the North American Arms Bug Out II

The North American Arms Bug Out II in .22 Magnum is a rifle from North American Arms — Utah-based maker of mini-revolvers in .22 Short, .22 LR, and .22 Magnum. Within the catalog this configuration serves small game, varmint, predator — .22 LR’s bigger brother, and its 2026 used-market position is supported by an active dealer network, available parts, and a stable supply of buyers willing to transact at the price bands documented below.

Brief History & Lineage

North American Arms was founded in 1972 in Provo, Utah. The mini-revolver platform — a 5-shot SAA-pattern revolver scaled down to fit in a palm — is the brand’s sole product line and a popular pocket-gun and BUG choice. Within the catalog, North American Arms positions itself among peers including Charter Arms, Bond Arms, Heritage Manufacturing.

Specifications

• Caliber: .22 Magnum
• Action: Rifle
• Year of manufacture: varies — see Year-of-Manufacture Notes below

Variant & Year-of-Manufacture Notes

The North American Arms Bug Out II has been offered across multiple production years with variation in stock material, finish, and barrel length. Early-production examples typically command a modest premium over late-production guns of the same configuration. Watch for aftermarket modifications — refinishes, drilled-and-tapped receivers on classic pieces, replacement stocks, and trigger swaps — all of which can shift used value. Original-condition examples with matching serials, factory boxes, and manuals trade at the top of the range for the model.

Ammunition & Shooting Notes

The .22 Magnum is used for small game, varmint, predator — .22 LR’s bigger brother. 30gr-50gr loads; cci, hornady, and federal all offer premium hunting and target loads. Modern factory loads from American, European, and Asian manufacturers all run well in this platform, and reloaders enjoy a wide range of bullet and powder combinations.

How It Compares

The North American Arms Bug Out II occupies a market position comparable to offerings from Charter Arms, Bond Arms, and Heritage Manufacturing. Buyers cross-shopping these brands typically prioritize deep-concealment carriers — and once they’ve committed to North American Arms, brand loyalty tends to be strong because of dealer network and parts availability. Used-market resale for a comparable-condition gun from these peer brands trades within roughly ±15% of the North American Arms Bug Out II depending on the specific variant and year.

What’s a Used North American Arms Bug Out II Worth?

Private-sale ranges for a working, no-rust Bug Out II in 2026 fall in four bands:

• Beater / heavily used: $350–$525 — significant wear, action functional, may need cleaning or minor service
• Average / honest used: $475–$725 — normal handling marks, mechanically sound, ready to shoot
• Excellent / lightly used: $650–$1000 — minimal wear, clean bore, original box and paperwork a plus
• New-in-box or unfired: $825–$1300 — at this price, the calculation usually flips toward buying new instead

Add a premium for documented early-production examples, original box and accessories, or limited-run variants. Subtract for refinished surfaces, aftermarket modifications a buyer would have to reverse, or signs of hard use.

Who Buys It?

The typical North American Arms buyer profile includes deep-concealment carriers, novelty-gun buyers, BUG shoppers. The rifle format and the .22 Magnum chambering further focus the audience. Used-market liquidity is solid — list a clean example at fair market on GunBroker, Armslist, or a local board and it generally moves inside two to three weeks. Dealer trade-in offers typically run 20–30% below private-sale; if you have time to list, private sale captures the premium.

Frequently Asked Questions

Is the North American Arms Bug Out II still in production?

Production status changes — check North American Arms’s current catalog for active SKUs. If discontinued, used-market supply is the only source, and that can drive prices up for clean examples.

What’s the best ammunition for the Bug Out II?

For general-purpose use, factory loads in .22 Magnum from the major American and European makers are the safe choice. Match shooters and hunters should select bullet weight and construction to the intended task.

Does year of manufacture matter for value?

Yes, to a degree. Early-production Bug Out II examples often command a small premium for collector interest, and pre-discontinuation variants can also trade higher. Mid-production years generally trade at the base ranges shown above.

What’s the resale outlook compared to Charter Arms alternatives?

Both North American Arms and Charter Arms retain solid resale value in their respective segments. Within ±15%, the two trade comparably in clean condition. The North American Arms Bug Out II typically pulls ahead with collectors who specifically want this brand.