Auction price
 

Probably compared to the majority of you guys here I’m a relative newbie to collecting Lugers. I purchased a few recently, mostly WWI vintage. And I feel that I’ve been pretty good at not over paying.
But you guys tell me if you’re in agreement here. I’m trying to get more of a community feel here. But the price paid for this auction seems way out of line for the going rate. The numbers don’t match. The (massive) import stamp is a major turn off from a collector standpoint. No insight if all the parts are original or broken.

Thoughts?


https://texas-b.hibid.com/lot/846939...q=&ref=catalog

I wouldn't pay even half that amount.
Ron

I Agree With Ron!! Non Matching Number, I hope you are only reffering to the magazine!!!

Hi Cody,
Welcome to the forum! I hope it was not you who bid $2,000.00 for that gun, as the others have said, it's way over priced. You can do much better if you buy from one of these highly respected on-line dealers. They are Simpson Ltd. and Legacy Collectibles. Both have well illustrated web sites.
Norm

Did they appraise it or a reserve. Do you mind telling what auction? Did they have a return policy? Where can we see their description offered~

I found it at hibid.com. I did bid but backed out after it hit above $800. Just totally ridiculous. I have a few P08s myself but didn’t pay anywhere close to that for what this was. I noticed it was non-matching since the side plate was a different number than other numbered parts that were visible. The import stamp was a real turn off. I was looking at it as just a shooter but $2,000? I feel sorry for anyone that got caught up in the auction and didn’t know what it was really worth.

At least in marriage you can get a divorce!

Clearly someone had to have it. Whoever signed off on the location and type of import marking should be flogged.

Absolutely agree. 1/3 the sale price would be pushing it for me.

It s a local auction, folks rarely see lugers (even tho not rare), and local auctions infrequently are cheap, most of the time, much higher usually than a face to face.

Yes, I think 800-1100 is about right, and most auction bidders lose sight of the auction amount added to the total.

I am not a Luger expert but that is way to much. I bought two Lugers last weekend. One of them has non-matching parts. Its also an arsenal rework with a different "Cannon" matched to the frame and renumbered. Its a shooter, I payed $400 for it. Both were being sold from an estate. I even told them that if they took the time to advertise it they could get more but were happy just to sell it and be done.

Lock and Load