Antique Merwin & Hulbert revolver shaving mug

mrcvs

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Here’s a neat antique Smith & Wesson revolver related artifact. A shaving mug with a revolver on it that resembles a late 19th Century Smith & Wesson revolver.

hindman

It would have been fun to own, but I wasn’t up for the $1900 bid which turns into $2413 with the 27% buyer’s premium. It’s obviously worth that to someone. But, when you add in shipping and sales tax on top of the already crazy high bid on it—it becomes A LOT!

I bid $700 on it, which didn’t even reach the pre auction estimate of $800 to $1200. My reasoning was when you add the 27% buyer’s premium, sales tax, and third party shipping in, you’re at a grand. A lot for a shaving mug. I guess not so much for a possibly one of a kind item.

As an aside, buyer’s premiums are higher than ever. Also, my income is greater than it’s ever been before. In the past, I won auctions much more frequently. Now, it’s uncommon, and I’m not outbid by a bid or two, I’m getting blown away. Maybe I’m getting cheaper as I age, but I don’t think that’s it. It’s likely inflation and how worthless the dollar has become.

Edit: Title revised as auction house stated it’s a Smith & Wesson revolver but Lee and I both concluded it’s a Merwin & Hulbert revolver.
 
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And, now that I look at it, the description states it’s a Smith & Wesson but the inlet in the barrel extension makes it appear to be a Merwin & Hulbert revolver.
 
The buying Market?

I personally see the market being impossible to predict today. $3000 for a mug? That’s nuts. But so is the average price of $12,700 for a Super Bowl ticket but people are paying it! So go figure. I also have absolutely no idea why the stock market is higher than its ever been in history! People have money to burn right now I guess.

Murph
 
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