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Forums10
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Joined: Jan 2002
Posts: 13,386 Likes: 1324
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 13,386 Likes: 1324 |
All the sale price at auction will tell you is what that gun was worth on that day in that room. Truer words were never spoken, for if those particular bidders had not been there the gun would not have brought what it did. SRH
May God bless America and those who defend her.
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Joined: Jun 2007
Posts: 1,417
Sidelock
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Sidelock
Joined: Jun 2007
Posts: 1,417 |
I think much depends on the condition of the original stock. Remember when BO-WHOOP came in to Jim Kelly's shop with a broken re-stock, a new and properly made stock was definitely called for. The old stock was saved, which in any event would enhance the desirability and thus the value, although not usable on the gun.
Best Regards, George
To see my guns go to www.mylandco.com Select "SPORTING GUNS " My E-Mail palmettotreasure@aol.com
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Joined: Feb 2004
Posts: 13,880 Likes: 16
Sidelock
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Sidelock
Joined: Feb 2004
Posts: 13,880 Likes: 16 |
I bought a few double guns with broken/butchered stocks. A Parker GH, a Fox AE, and a Ithaca 3E. All have been restocked nicely. All have enhanced value from the 'as purchased' condition.
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Joined: Jan 2003
Posts: 2,833 Likes: 13
Sidelock
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OP
Sidelock
Joined: Jan 2003
Posts: 2,833 Likes: 13 |
Thanks for the input and replies.
Of course my little test isn't an apples-to-apples comparison. But I think it will give us a sense of things.
In the original string on this topic, the following statement was made:
"If a new stock has been done absolutely correctly, forend too, it will not adversely affect the value of the gun."
And in this string the same person said:
"Of course, a re-stocked and re-barreled gun will make less than a totally original, totally mint example with the same dimensions."
So which is it? Will it, or will it not affect the value?
As long as the new bbls are done "absolutely correctly", wouldn't the same apply to them?
I don't see why the "it will not adversely affect the value of the gun" reasoning would apply to the stock and not the bbls (as long as all work is done to top standards).
OWD
BTW: doesn't every sale shows what something is worth at that point in time to the individual who is a buyer? I don't see why are auctions are different.
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Joined: Dec 2001
Posts: 6,304 Likes: 222
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 6,304 Likes: 222 |
OWD, you really don't specify, that I can see, what kind of a gun is being restocked. If the original stock is broken or bad for some reason, then a new stock would increase the value.
If the original stock was fine, factory original, the the stock was then replaced, the value of the gun would probably go down.
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Joined: Mar 2011
Posts: 389 Likes: 4
Sidelock
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Sidelock
Joined: Mar 2011
Posts: 389 Likes: 4 |
OWD, you really don't specify, that I can see, what kind of a gun is being restocked. If the original stock is broken or bad for some reason, then a new stock would increase the value.
If the original stock was fine, factory original, the the stock was then replaced, the value of the gun would probably go down. Very good point. Stocks and barrels are "usually" replaced for a very good reason, that being, the originals are so damaged that it makes the gun useless for either shooting or collecting. Unless the job was done by an incompetent gunsmith, the vast majority of re-stocks/re-barrel jobs I have seen have added value to the gun, as opposed to what it's value/condition was before the restoration. Unless the gun has a specific historical significance, I have yet to see a gun with terribly pitted or otherwise damaged barrels, and/or a significantly damaged stock, that is worth more than it would be if the appropriate repairs/restoration were made by a competent gunsmith.
“I left long before daylight, alone but not lonely.”~Gordon Macquarrie
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Joined: Jan 2003
Posts: 2,833 Likes: 13
Sidelock
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OP
Sidelock
Joined: Jan 2003
Posts: 2,833 Likes: 13 |
OK. Here's an example. Purdey at Cabela's gun libraryThis Purdey needs a total re stock and new bbls. I think it will cost you $20-$25,000 to get all the work done right - maybe more. When all the work is done, the gun may be worth more than $12,000, but it won't be worth same as a good, all original Purdey with comparable condition. That's what I believe, anyway. OWD
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Joined: Mar 2011
Posts: 389 Likes: 4
Sidelock
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Sidelock
Joined: Mar 2011
Posts: 389 Likes: 4 |
OK. Here's an example. Purdey at Cabela's gun libraryThis Purdey needs a total re stock and new bbls. I think it will cost you $20-$25,000 to get all the work done right - maybe more. When all the work is done, the gun may be worth more than $12,000, but it won't be worth same as a good, all original Purdey with comparable condition. That's what I believe, anyway. OWD I guess this is the line of thinking I have never understood about this topic. Given this specific gun, you say it needs new barrels and a total re-stock. Ok, so if you don't think it is worth the $25,000 to have the work done (which I'm assuming you mean by Purdey themselves due to the price), what is the gun worth as it is? In your opinion it is worth a net of $0 (or a negative value) because it it would cost more to have it restored than what it is worth. We might as well saw it in half and throw it in the dumpster. I would argue it would have more value than it currently does, it if was expertly sleeved for somewhere around $2000-$3000. Not sure why it needs a total re-stock, unless I missed something other than the hideous rubber recoil pad which is another argument altogether. I guess my only point is that I believe the gun would have more value than it currently does if it was restored to be a shooter, which is what it was designed to be. How much more? I don't know, but I think you could certainly re-coup the cost of the sleeving and make a small profit. As opposed to it's current condition of possibly not being shootable. As for looking at this gun as a collector piece only, you opinions might very well be right. But to answer the main question of this thread, I do believe value could be added to this gun by having certain repairs done.
“I left long before daylight, alone but not lonely.”~Gordon Macquarrie
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Joined: Feb 2004
Posts: 13,880 Likes: 16
Sidelock
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Sidelock
Joined: Feb 2004
Posts: 13,880 Likes: 16 |
...depends. I have a nice Philly AE that had a broken stock. I had it replaced with a higher grade of wood that you might normally find on an "as delivered" non-special order, AE gun. Also, the checker pattern was done in an X grade. My untested opinion is that it's probably worth more than the average run of the mill, 3" DAH, short LOP, roughed up, AE gun. I think I can get my money out of it too.
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Joined: Jan 2011
Posts: 208
Sidelock
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Sidelock
Joined: Jan 2011
Posts: 208 |
Is a "noticeable impression" the same as a dent? :-0
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