You will get responses pro and con about selling a gun that you inherited from your grandfather. I am normally against selling any firearm that has been passed down from a family member. I have many guns and several I have inherited from my father and f-i-l, they will be the last guns that I ever get rid of and most likely will be passed down to my grandkids.

As for transferring the gun into your name, depends on your state and local laws, there is no national registry. In the states I am familiar with there is no requirement.

As for value the Mod 60 should be worth at least $500. If you do decide to sell it, place an ad in the Classifieds in this forum and give the members here a chance to buy it. There are many here that would love to own your grandfathers Mod 60.