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Unread 09-05-2010, 02:52 PM   #1
Edward Tinker
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Default Huge collection Appraised

I have to say, that Tom Whiteman and a consultant (Dwight Gruber) appraised a huge collection (and inventory) in Arizona. I wanted to be there, but I am a bit out of town, looking at it now, i should have come home and helped.

As it was, we gained valauble information and had a blast.

http://www.legacy-collectables.com/index.htm

If you click on the link of the appraisel you'll see the collection, well the inventory. Mind you these are just parts of the collection and no, we did not bring anything home, although Tom and I have added items to the website, oops, sorry for the ad.

We are not in the position to say who the collection belonged to, so please don't ask.

Ed

Oh, BTW, EVERYTHING, has been moved from the house and placed into special storage.
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Unread 09-05-2010, 03:00 PM   #2
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Ed, Congratulations! Glad to hear it...I applaud Tom, Dwight and yourself for being chosen for this prestigious job.
Interesting photo's!

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Unread 09-05-2010, 03:35 PM   #3
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I am sure a police department can be found that is having a gun buy back for gift certificates.
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Unread 09-05-2010, 05:09 PM   #4
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what a retirement plan!!!!! Nice collection. I am guessing there will be a lot of fine lugers going around in the near future. It's a shame we have to say so long to some fine folks to make them available. Hopefully they will end up in good hands.
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Unread 09-05-2010, 05:18 PM   #5
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While it is sad that some fine Luger collectors have passed on, it's good that the pistols themselves will find new homes.

Can you tell us of any particularly interesting Lugers that were appraised??? Anomalies perhaps??? Prototypes, test pistols, curiosities???

(Now, if Dianne Feinstein had her way, these would all be manhole covers)...
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Unread 09-05-2010, 10:46 PM   #6
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Perhaps you can tell us who's huge Arizona collection / inventory it isn't. After all, without any hints how can anybody be expected to figure it out ?? Great work and great for Legacy !!
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Unread 09-06-2010, 12:22 AM   #7
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Legal restraints prevent revealing whose collection this is, but obvious is obvious. As I said on the other Forum, I heard "through the grapevine" what the appraised value is and I was somewhat surprised. I postulate that several of the really valuable items may have sold previously.
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Unread 09-06-2010, 01:02 AM   #8
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Herb, I postulate the same thing, and collection and inventory are two different cats...

As most estates, it is up to the family, and it could sit for years.

Twice today I have been told I was advertising on the web. I guess that I thought the readers would find this interesting.

Will delete this thread, if it is deemed an advertisement.


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Unread 09-06-2010, 03:12 AM   #9
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Can at least tell us how many Lugers there are in this wonderfull collection
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Unread 09-06-2010, 10:36 AM   #10
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I suspect that the "appraised" lot that we are viewing is the business "working stock" and does not include the private collection of rare and high-dollar guns.
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Unread 09-06-2010, 11:00 AM   #11
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Yes, that is true, those were appraised seperately... and also by us with input from myself and the others.


Oh, BTW, EVERYTHING, has been moved from the house and placed into special storage.
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Unread 09-06-2010, 11:37 AM   #12
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Quote:
Originally Posted by Edward Tinker View Post

Oh, BTW, EVERYTHING, has been moved from the house and placed into special storage.


That was a wise move.
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Unread 09-06-2010, 11:47 AM   #13
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Ed, I for one, publically on this Forum, greatly appreciate your bringing all this to our attention. I look at this as a great "feather" in your cap to be chosen (along with Tom of course) as the apprasier for such a prestigious collection. I noted Ron's post above and that would explain the rather "low" value. If I have to get a value for any items in my collection, I'm calling you!
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Unread 09-06-2010, 06:09 PM   #14
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I wish the "special storage" included the trunk of my car I'll say that !!
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Unread 09-06-2010, 08:32 PM   #15
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Quote:
Originally Posted by Edward Tinker View Post
.....Twice today I have been told I was advertising on the web. I guess that I thought the readers would find this interesting.

Will delete this thread, if it is deemed an advertisement.
I would have deleted this thread if I thought it was out-of-line advertising - but, clearly - it is not.. And I am very sensitive about "advertising" on this forum, as you and others know.

Good for you and Tom!



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Unread 09-06-2010, 08:45 PM   #16
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Not fair, Ed. When ya gonna make your website Apple compatible?

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Unread 09-07-2010, 02:30 AM   #17
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Default Not advertising, but disclosure.....

Nearly all appraisals "real and personal property" are subject to USPAP (Uniform Standards for Professional Appraisal Practice) as set out by the Appraisal Standards Board of the Appraisal Foundation. In this case, the appraisal of this collection would fall under Standard Rule 7 which covers development of personal property appraisals and Standard Rule 8 which covers personal property appraisal reporting.

Without going into all the details, I believe that the confidentiality provision applies here. Although, no values were discussed, photos of the collection were displayed/disclosed, hopefully with the client's permission.

Here's a link to the Appraisal Foundation

https://netforum.avectra.com/eWeb/Dy...bCode=HomePage
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Unread 09-07-2010, 07:28 AM   #18
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Dave, I think I am a bit offended.

Yes, an official state licensed company came in and were the "estate appraisers" and we were the consultants of appraising the collection and the inventory.

YES, we received permission to use and show the pictures shown.

I would have preferred a private email to suggesting that we did something unethical!
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Unread 09-07-2010, 08:59 AM   #19
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Wow, good work ED,
sounds like someone wishes they had been picked

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Unread 09-07-2010, 09:54 AM   #20
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Congrats Ed, Tom & Dwight... for being chosed to advise on the value of such a large number of Lugers... and I agree completely with John D.

This is not an advertisement, this is a privileged notification to the collector community that many fine Luger pistols will available to add to their collections in the not too distant future.

Thanks to the team of the three of you. Almost looks like the basis for a new book Ed! (at least here's hoping!)
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