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Discussion Starter · #1 ·
here is the Question, is it price to high for the condition it in, thank you

I have the following handgun for sale. I have been watching the auction site, and the U.S. ARMY 1901 are going for around $400-$695 dollars

I THINK THIS ONE IS WORTH WHAT I WANT FOR IT. $475.00 + 15.00 SHIPPING.

Colt U.S. Army Model 1901, .38Lc caliber. Has a excellent bore. Bluing is about 75-80%. and no pitting at all, Still has some of the colt fire blue on trigger, hammer and srcew. stocks are solid with RAC inspectors stamp on bottom of both stocks also unit number. RAC and LEB stamp also on left side of frame near top of grip. RAC stamped on back side of cylinder.but SN# is mis-match. Everything seems to be in working order. Has lanyard ring in butt of stocks
also unit marked 1 B 8 on the back of grips frame,



I'm going to keep this fine old war dog.
 

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Re: Question about my pistol that i have for sale

frank, i dont think you are too high but the gun is mainly a collector, the .38 long colt is not readily available and there is little interest for shooting them. the lockwork on those guns was less than robust so even given a good supply of ammo i would not shoot it much. just my opinion. personally i have had poor luck on the classifieds here, we just dont have the traffic, but hopefully thing will improve. you might try auction arms or guns america /forums/images/graemlins/grin.gif
 

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Discussion Starter · #3 ·
Re: Question about my pistol that i have for sale

Gerald

thank you. In fact i just got a check for some ammo that i sold, so i will not need to sell the colt.
 

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Re: Question about my pistol that i have for sale

[ QUOTE ]
Is it priced too high for the condition it is in?


[/ QUOTE ]

Frank:

Yes, I think the price was too high and since it did not sell evidently others shared that opinion. Here is the problem: It is mismatched. It is not really a shooter. The market for the martial Colt DAs is mostly collectors of USGI guns, and a mismatch substantially degrades the value for collectors in my estimation. I agree that you should just hang onto it as a nice representative piece.

HTH.

Charlie Flick
 

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Discussion Starter · #5 ·
Re: Question about my pistol that i have for sale

Charlie
thank you for your thoughts on this pistol, but here is my next question why would this pistol be any different from a colt artllery model or a 1911, which was rebult by the government. it seem to me in the collectin world all U.S. millitary firearms are mismatch and rebuilt so as with the
artllery model if i wait 10 years will it be worth $5000.00
like a artllery model is. IMOP

and lastly I really don't think you can go by what havn't sold on the colt trader, i see some nice pistol on right now which havn't been sold, and i think they are price right.
IMOP
 

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Re: Question about my pistol that i have for sale

Hi Frank:

Well, you have a good point about the Colt Artillery SAAs. They are mismatches. However, I guess I would note also that just about any SAA is worth a lot of money, for reasons that escape me. I have seen Colt Single Actions that looked to me as if they had been dragged behind a pickup truck from Fort Worth to Phoenix, and yet they still seem to hold some magic, and value, to the SAA guys. (I guess that you can tell I am not one of them.)

On the M1911s, yes, they were frequently rebuilt. However, among M1911 collectors, the mixmasters are way, way down the list on collector desirability. Most mixmasters are regarded as parts sources or shooters by the collecting fraternity.

I hope that your revolver is indeed worth $5,000 in 10 years. I have been wrong before on predicting future values. (That is why my 401K is now a 101K!) But your question was simply asking if it was priced too high today. In my opinion it was. Keeping it is probably a good plan. Most of my regrets in gun collecting have to do with guns I sold, not with the ones I bought.

Regards,
Charlie
 

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Discussion Starter · #7 ·
Re: Question about my pistol that i have for sale

HI Charlie

YES your are right about my Question,and i am with you on colt SAA why in the H#LL are they so high price?

JUST one more about my COLT all the parts are match, stock, side plate, barrel,Crane, Ejector Rod, just the damm cylinder is not. /forums/images/graemlins/frown.gif
 

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Re: Question about my pistol that i have for sale

Hi Frank,

You said: "YES your are right about my Question,and i am with you on colt SAA why in the H#LL are they so high price?"


I think your question has a multi part answer.

Charlie covered the first part .... about the reworked military guns being at the bottom of the desireablity list with collectors... Its like comparing Ford products... which is better, a Mustang GT or an Escort?????

The second part has to do with the media and their presentation of the cowboy west in movies, books, etc, during the 1940s and '50s. Every cowboy shown had a Colt Six Shooter! The romance, if you will for us aging baby boomers is still there... (just look at cowboy ation shooting... dressup like our heros and play cowboys and indians with REAL guns!) The hype or propaganda used by the media affected us the same way the anti gun propaganda affects todays people... In our case it made the Single Action Colt THE GUN used by our childhood heros... It can't get any better than that! So I think that is why Colt SAAs are so desireable today...

The third part has to do with scarcity... There were only a little over 37,000 US proerty marked Colt Single Action .45 revolvers produced total. Of those if memory sevres me correctly about 18,000 were converted to the Artillery Model (5 1/2 inch barrel) ... Notice the Artillery Model is considerably cheaper than the original 7 1/2 inch model (compare $5K to $15K or better) ... So a similiar situation exists with your M-1901 revolver. It is reworked, therefore in the eyes of most collectors, it is worth less than an original all correct M-1901 contract revolver.

Keep in mind there were considerably more Model 1901 revolvers made than there were Colt US marked SAAs... Also consider that Hollywood has not made very many movies featuring the Early Colt DA Army guns as heros... There fore the price is less...

I too follow the auctions on the early DA Colts... many of those guns you see listed at $400 to $650 never sell and are listed time after time.... Most of the people do not know what guns in this group are really rare so they ask what everyone else is asking ... some get snatched up while others just languish...

Just my thoughts.... Bob Best
 

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Discussion Starter · #9 ·
Re: Question about my pistol that i have for sale

BOB
Well put.

I also see that many of those 1901 listed on the auctions site don't say all match number, I bet if they did the owners would put it in the AD'S. As for my colt I will be keeping her, and i am going to save up some cash to buy more, because i think that they are a nice pistol with history behind them.
thank you
 
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