Like others have said..it depends on the type of wood. But don't get too hung up on the grade. I have seen average grade blanks turn out way better than top dollar ones. In all honesty, the outcome of the stock will depend on the guy carving it. It is an art. And expect to pay top dollar for quality work. For example…here is a $750 piece of claro walnut….ie low / middle grade:
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and here is what it can become in the hands of a good wood carving gun smith (who I happen to know personally)
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Melonited BAT HR Action 30.06 with a Brux 25in barrel, jewel trigger, monte carlo stock with cast off. All hand checkered. Dark clark walnut end and grip caps. If you want to know how much the carving cost then ask and I will tell, but it aint cheap. Its the most comfortable stock I own. Beats any synthetic stock by far.