Congratulations on your Krag gift ......
I've grown fond of these old girls and have just started collecting and shooting them.
They are very difficult to find in Canada, yet the pricing on them here seems to be much lower than in the U.S. where there's more of them. Pricing is highly dependent upon condition, the correctness of parts for a given model and type, plus the year of manufacture. Carbines seem to attract higher prices than rifles, but you have to make sure you're getting a legitimate carbine and not a cut-down rifle, which seems to be a common occurrence. It's almost impossible for anyone to give you a reasonable price estimate without getting a whole lot of information about your new Krag, plus some reasonably good photos to determine it's correctness.
Here's a pic of my carbine.
1899 Krag 30-40 Carbine (Mfg in 1901).
(Click to Enlarge)
........... and if you're interested, here's a bunch more pics of both the carbine and rifle versions of this genre.
1898 Krag Rifle pics (click here)
1899 Krag Carbine pics (click here)
I've found these two sites very useful in learning more about Krags and finding some real experts to help me out.
Krag Collectors Association (click here)http://www.kragcollectorsassociation.org/
Popular Krag Messaging Forum (click here)http://www.jouster.com/cgi-bin/krag/krag.pl
If you prefer, email me some pics and I'll try to help you out.
Regards,
Badger