Over 45% off…

[mrcvs]

My latest find.

https://live.amoskeagauction.com/auctions/catalog/id/129?page=1&view=list&catm=2&order=order_num&xclosed=0&featured=0&lotnum=65

As you can see, it sold in March for $2662. Today, at less than 55% of the previous sale price. To say I'm ecstatic is an understatement.

https://live.amoskeagauction.com/auctions/catalog/id/125?page=1&view=list&catm=2&order=order_num&xclosed=0&featured=0&key=9296

 

[s&wchad]

Wow, that's beautiful! Nice score!!

 

[iby]

Even better when you get a DEAL

 

[mrcvs]

Ex Pete DeRose collection. "Sold" last March to a non paying bidder. I wasn't even runner up bidder last time, either.

Yes, I like a deal! The seller's estate isn't exactly hurting for money, either.

 

[wheelgun610]

"Sold" last March to a non paying bidder. I wasn't even runner up bidder last time, either.

Sounds like there might've been a shill bidder back in March.

 

[mrcvs]

Sounds like there might've been a shill bidder back in March.

Maybe…you never know these days.

 

[bigggbbruce]

Sounds like there might've been a shill bidder back in March.

That or Beer bidding.

 

[mrcvs]

That or Beer bidding.

On a Saturday morning? Unless it's just a continuation of the Friday evening.

Unless you have a credit card on file, I suppose there's nothing to prevent one from bidding recklessly and then figuring out how to pay for it afterwards.

 

[SS336]

Beautiful, never seen a S&W like that. Congratulations, pretty cool addition.
Would like more pictures when you get it. Might be too much to ask for a range report……but?

 

[glowe]

Very Nice revolver, but I am thinking about this and believe it was not worth what some guy foolishly bid in March. It may be likely he decided to take the rath of the auction house rather than pay that much for the gun??? The factory did make 20,000 of these, plus I assume it did not sell to someone important?? Also, it is an I frame, not a pristine K or N frame, so maybe your bid is more what it was worth. It was right in the middle of Amoskeag's value estimate in March and August. I have owned and sold several Model 1896 revolvers, some pristine but never topped a thousand dollars for any of them. Important thing is you are happy with that price.

 

[mrcvs]

Very Nice revolver, but I am thinking about this and believe it was not worth what some guy foolishly bid in March. It may be likely he decided to take the rath of the auction house rather than pay that much for the gun??? The factory did make 20,000 of these, plus I assume it did not sell to someone important?? Also, it is an I frame, not a pristine K or N frame, so maybe your bid is more what it was worth. It was right in the middle of Amoskeag's value estimate in March and August. I have owned and sold several Model 1896 revolvers, some pristine but never topped a thousand dollars for any of them. Important thing is you are happy with that price.

I thought it to be worth a bit over a grand because of the 6" barrel and blued, otherwise far less. The 6" barrel length and blued at least makes it uncommon, I believe.

What would you value this revolver at if blued, 6", and the rare Target Model variation?

 

[glowe]

I have only seen two target 1st Models and neither were for sale, but certainly is something that is seldom seen. I was once told by a long-time gun collector that a truly valuable rare item entails two things, seldom seen and demand higher than supply. Rare itself refers to something that is unique or exists infrequently, while scarce means that something is not unique but insufficient in quantity to meet demand. Not all scarce items are in high demand and not all rare items are valuable. A target 1896 is certainly seldom seen, but it is the demand question that is not clear with I frames??

 

[glowe]

BTW, here is the buy of last weekend's auctions and I will let you determine why!!

handgun: S&W First Model M&P 1899, Revolver, .38, | Proxibid

Bid in a Proxibid online auction to acquire a handgun: S&W First Model M&P 1899, Revolver, .38, 6 shot, 6" barrel, 11" overall, S#13648 from Two Alpha Auctions.

www.proxibid.com

 

[Masterpiece]

BTW, here is the buy of that auction and I will let you determine why!!

Gary,

Best guess...Without having better photos to look over...I suspect it's an "Army Model"!!

How much did it go for since the Link didn't say??

 

[Truckman]

How much did it go for since the Link didn't say??

In the link the price was $125......Ben

 

[Masterpiece]

In the link the price was $125......Ben

Ben,

Thanks!! By the way...Was that price noted in the Link?? Reason I ask...When I looked the Hammer Price never showed up...Hmmm!!

 

[mrcvs]

I have only seen two target 1st Models and neither were for sale, but certainly is something that is seldom seen. I was once told by a long-time gun collector that a truly valuable rare item entails two things, seldom seen and demand higher than supply. Rare itself refers to something that is unique or exists infrequently, while scarce means that something is not unique but insufficient in quantity to meet demand. Not all scarce items are in high demand and not all rare items are valuable. A target 1896 is certainly seldom seen, but it is the demand question that is not clear with I frames??

I would suspect the problem with the Model of 1896 revolver is that there are variations that are scarce or even rare, but there is insufficient demand to make these very costly. It still seems my recent purchase has to be worth at least $1500, but maybe not. That's about my cost with all fees. My bid was $1200. Presumably a non shill bidder valued at $1100 and, back in March, multiple bidders (not I) pushed the bid to $2200.

 

[Truckman]

Was that price noted in the Link?? Reason I ask...When I looked the Hammer Price never showed up...Hmmm!!

It was in the sub-link provided in the link......Ben

 

[glowe]

Gary,

Best guess...Without having better photos to look over...I suspect it's an "Army Model"!!

How much did it go for since the Link didn't say??

US Army model 1899, 1000 made and maybe half survive today. Sold for $125! I see that you have to click on view in catalog on the right side of the Proxibid page to see prices.

 

[Masterpiece]

US Army model 1899, 1000 made and maybe half survive today. Sold for $125! I see that you have to click on view in catalog on the right side of the Proxibid page to see prices.

Gary & Ben,

As to the 1899...I had a pretty good idea that's what it was...Thanks!!

Also...As to what was made mention of concerning where Their Auctions Final Prices are shown...Wish I'd have known that many years back because that's been one of My Pet Peeve's I've always had about them!!

That meaning...Not showing Final Prices in Their Links when searching instead of having to jump through hoops to find them...Greatly appreciate the tip!!