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Joined: Dec 2001
Posts: 6,271 Likes: 202
Sidelock
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OP
Sidelock
Joined: Dec 2001
Posts: 6,271 Likes: 202 |
This evening at auction, a Luger went for $430,000 plus the kicker. That though, is less than half what a Colt Walker went for about a year ago. Kind of puts shotguns into a different perspective.
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Joined: Jun 2002
Posts: 9,350
Sidelock
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Sidelock
Joined: Jun 2002
Posts: 9,350 |
for which we should be grateful, Daryl!
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Joined: Jul 2006
Posts: 1,082
Sidelock
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Sidelock
Joined: Jul 2006
Posts: 1,082 |
hand guns are HOT right now.
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Joined: Feb 2002
Posts: 14,125 Likes: 198
Sidelock
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Sidelock
Joined: Feb 2002
Posts: 14,125 Likes: 198 |
I'm going to run down to the black gun store this morning and see what they have in a handgun. Am I too late to benefit from the appreciation Daryl illustrates?
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Joined: Feb 2005
Posts: 7,438
Sidelock
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Sidelock
Joined: Feb 2005
Posts: 7,438 |
If you're referring to the 45cal military trials Luger, and considering this from a historical perspective, I don't find the price out of line at all. It's the equivilent to a Parker Invincible for military pistol collectors and historians. I suspect they would find the prices we shell out for certain doubles to be bizarre as well. Jim
The 2nd Amendment IS an unalienable right.
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Joined: Jan 2002
Posts: 4,015
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 4,015 |
Lugers and Walthers have always been great investments,if you want to "dip your toe" in those waters I would suggest two Books,the first, Jan Stills Third Reich Lugers; http://www.amazon.com/Third-Reich-Lugers-Jan-Still/dp/189351305X Also another by Jan, Imperial Lugers; http://www.amazon.com/Imperial-Lugers-Jan-C-Still/dp/1893513106 Both are out of print and hard to find but well worth the price,another older one that is helpfull is Lugers at Random -Charles Kenyon,it does pop up on ebay and amazon at times. Be careful,lots of boosted ones out there,much more fakery then the double gun arena.
Hillary For Prison 2018
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Joined: Sep 2003
Posts: 257
Sidelock
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Sidelock
Joined: Sep 2003
Posts: 257 |
The difference is when you refered to the the Parker you said "a" meaning that there are more than 1. Whereas on the Luger 45 it is refered to as "the", meaning it is the only one left as only 2 where ever made.
Mark
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Joined: Nov 2006
Posts: 3,436 Likes: 34
Sidelock
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Sidelock
Joined: Nov 2006
Posts: 3,436 Likes: 34 |
Lugers and Walthers have always been great investments, Maybe not. According to an article in today's L.A. Times, that same gun had previously sold for $1mil, and had changed hands a couple of times between the $1mil sale and yesterday's sale. So, someone lost almost $600K plus the vig on that great investment. Also according to the Times article, there were three of those guns built in .45, but only two are known to survive. The other is in a museum. Buyer's name on this transaction was not disclosed, but he is reported to be "ecstatic." Hell, I'd be ecstatic too if I could drop $430K cash plus vig on a single gun.
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Joined: Jun 2003
Posts: 592 Likes: 2
Sidelock
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Sidelock
Joined: Jun 2003
Posts: 592 Likes: 2 |
Which one did Gordon Gecko own?
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Joined: Jan 2002
Posts: 4,015
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 4,015 |
Perhaps not "that gun",someone obviously paid to much at one million and is now under water.In general collecting Lugers and war time Walthers have indeed been excellent investments and may well have outpaced the double guns we collect.
Hillary For Prison 2018
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