OK I don`t know anything about this vintage revolver. I have the option to buy it but I have no idea what it`s worth. I believe it`s a number 1 , 32 caliber rim fire? It does operate pretty well. Is it worth a $1000? Thanks for your help in advance.

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Hello Bullet, does it have any finish? grips and parts match?
Seems a bit pricey for condition.

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Mike 2796
SoFo Bunch member

It’s a model 1 1/2, as you stated in the thread title. The price seems high for the condition seen in the photos.

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Alan
SWCA LM 2023, SWHF 220

I think that is twice, or possibly three times what it should sell for.

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Randy

That price is more than 3X over priced. Sold some of these last year in similar and lesser condition for under $400. Go to Gunbroker, sign in and do an advanced search in the Completed Auctions. You will find over a dozen that were either overpriced with no bids or sold. Recent prices run from $200 to $350.

I believe the main reason why tip-ups in general do not do well at auction is that there is no ammo available for it and none has been manufactured for 30 years. Just not much fun owning something that does not shoot.

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Gary
SWCA 2515

I believe the main reason why tip-ups in general do not do well at auction is that there is no ammo available for it and none has been manufactured for 30 years. Just not much fun owning something that does not shoot.[/QUOTE]
Thirty years???? I was going to say what do you know that I don't, but from our interactions thus far, that would fill a book. Up here in the frosty north, a high condition one would run $1000.-$1200 Canadian pesos. By high condition I mean 9/10 or better. The first models seem to sell for money than the birds head grip ones. BTW, .32 RF seems to come up in firearms auctions and such fairly often up here. I have a box and a half for mine and just sold a box of shorts. The last run of ammo I know of was the Navy Arms stuff and how long ago was that?

I concur with the opinions here. My finger-in-the-wind guess at its value would have been $250 to $350.

I know that higher grade guns fetch a lot more, but this has a good bit of corrosion on it and it's not a particularly rare gun to begin with.

Mike

Let the option expire

Yup, Canada is a totally different market, so guns that show up way down south of me in Toronto that are not on the "controlled" list are sought after. If there was only a way to legally buy a bushel of $300 Gunbroker Model 1l1/2 revolvers and sell them in Canada, I bet one could make out very well financially.

Navy Arms was the last company to import 32 Rimfire out of South America in the 1990s and that is the only ammo out there that is likely to all go bang. A few 100 +/- ammo is sold, but as collector ammo not warranted to shoot.

The difference between the OPs gun and a pristine example is likely at least 2X value adder since they are scarce in high condition. There was also a short barrel version that seldom come up for sale now. I have a couple, but bought them long ago before the prices started to rise.

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Gary
SWCA 2515

This scratched-up one might bring $1000......

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Dean
SWCA #680 SWHF #446

Thank you all ! You saved me on this one! I am grateful for your response!

Thirty years???? I was going to say what do you know that I don't, but from our interactions thus far, that would fill a book. Up here in the frosty north, a high condition one would run $1000.-$1200 Canadian pesos. By high condition I mean 9/10 or better. The first models seem to sell for money than the birds head grip ones. BTW, .32 RF seems to come up in firearms auctions and such fairly often up here. I have a box and a half for mine and just sold a box of shorts. The last run of ammo I know of was the Navy Arms stuff and how long ago was that?[/QUOTE]


Canada is a whole different world as far as firearm prices. Very different from the US market.

As to 32 rim fire ammo the Navy Arms stuff was produced in the 1990's, the last batch reportedly being delivered @ 2000. The last of it that Navy Arms had was sold off by 2010. I bought a case of it from their booth at the Chantilly show around that time. Asked about getting more and was told there wasn't any and they weren't looking to get any more made at that time.

I collect (and trade) in obsolete ammo as well as older guns and 32 rim fire has gotten stupid expensive around here. If you hunt and search the occasional deal still can be found but they are few and far between. Full boxes of the later production stuff (most likely to fire) can often go for $150 or sometimes more, if you could find one for @ $100 it's a bargain. Loose rounds of the brass cased Remington (their last production stuff) or the Navy Arms ammo often go for $3 or $4 a piece. Older copper case ammo is usually a little cheaper but if you want some to shoot not very sure fire. Gotten too pricey to shoot any of my old timers anymore, the ammo is worth more as stock on my table than I want to let go just to fire the guns