Valuation needed soon!

04-27-2002, 07:59 PM

I do not own any third Reich police Lugers, and have just been offered my first one, and don't know what it is worth. It is being held for me for 24 hours until I make up my mind. Description is as follows: 1940 Mauser Banner, E/f police marked, matching magazine (this is the mag #1, too bad #2 is not present), original finish 99% or better in and out, mirror bore, has traces of what appears to be cosmoline in spots! Stripped it down and all parts match down to the firing pin and the beautiful wood grips. The seller is stuck firm on $1500. My guess is that this is a fair price, but not a real steal, or am I wrong? Reply needed soon!

Orv Reichert · 04-27-2002, 08:21 PM

If it is correct, original, and has not been fooled with, it is worth a lot more than the asking price.

tom · 04-27-2002, 11:13 PM

If you don't want it, I do!

Tom

04-28-2002, 12:24 AM

Many thanks, gentlemen. I will pick it up tomorrow and post pics if you would like to see it.

Frank · 04-28-2002, 01:31 AM

Roadkill · 04-28-2002, 10:36 AM

Really had to push you into that decision, right?

It is your responsiblilty to provide that historical firearm a deserving place with others of its quality in your collection. It would be simply unacceptable for it to go to someone else with a lesser appreciation. If you don't rescue it there is a chance it might end up under a pickup truck seat or in a tackle box. You have meade the only decision a responsible prudent mature adult could make. You are to be commended. (Congratulations, I'm just jealous)

Roadkill

Orv Reichert · 04-28-2002, 01:20 PM

I like that 'saving it for future generations' concept!

May I try that with my wife? She thinks one P38 is a collection!

Orv Reichert

04-28-2002, 03:22 PM

The Mauser banner now is happily reposing in my hermetically sealed, dehumidified, electrically warmed safe along with all its other brethren. No doubt they are exchanging war stories and bragging to each other, thanks to the advice from all you knowledgeable gentlemen. Tonight I shall treat myself to an hour of gentle fondling, and tomorrow we will have a fun session with the digital camera. I am ecstatic!

Orv Reichert · 04-28-2002, 03:39 PM

lugerholsterrepair · 04-28-2002, 03:41 PM

John, I entered into negotiations with a Colt collector who had one just like the one you have and he wanted $3000.00 You just got the deal of a lifetime..Jerry Burney

Frank · 04-28-2002, 05:28 PM

04-28-2002, 06:05 PM

You blew me out of the water with that price quote! A late Blue Book quotation talked about $1600 for this Luger, but I have always found this publication to be on the low side. Where else can we turn for this up to date info except to our Luger Forum comrades? We really need an up to date pricing guide, don't you think? Bless you all for being there!

lugerholsterrepair · 04-28-2002, 07:29 PM

John, To be honest it was a mint example with a mint brown holster, matching mag etc. It was listed on Gunbroker for a short while. That's what it was offered for and I declined it because of the price. I am willing to bide my time and find bargains, not pay high retail. You are right, Blue book values one of these much less but I am more than willing to pay blue book prices for say, a 70% Imperial German Navy...anyone want to sell one? Jerry Burney

04-27-2002, 11:13 PM	#3
tom User Join Date: Jun 2002 Posts: 269 Thanks: 0 Thanked 4 Times in 2 Posts	Re: Buy it! If you don't want it, I do! Tom

04-28-2002, 12:24 AM	#4
John Coleman Guest Posts: n/a	Re: Buy it! Many thanks, gentlemen. I will pick it up tomorrow and post pics if you would like to see it.

04-28-2002, 01:31 AM	#5
Frank RIP Patron LugerForum Patron Join Date: Jun 2002 Location: Hot & Dry PHX, AZ Posts: 2,078 Thanks: 24 Thanked 163 Times in 87 Posts	That's the RIGHT decision!!! (EOM)

04-28-2002, 10:36 AM	#6
Roadkill User Join Date: Jun 2002 Posts: 1,632 Thanks: 1 Thanked 28 Times in 17 Posts	Re: Buy it! Really had to push you into that decision, right? It is your responsiblilty to provide that historical firearm a deserving place with others of its quality in your collection. It would be simply unacceptable for it to go to someone else with a lesser appreciation. If you don't rescue it there is a chance it might end up under a pickup truck seat or in a tackle box. You have meade the only decision a responsible prudent mature adult could make. You are to be commended. (Congratulations, I'm just jealous) Roadkill

04-28-2002, 01:20 PM	#7
Orv Reichert RIP Join Date: Jun 2002 Location: SW Washington State Posts: 339 Thanks: 0 Thanked 0 Times in 0 Posts	Logic I like that 'saving it for future generations' concept! May I try that with my wife? She thinks one P38 is a collection! Orv Reichert

04-27-2002, 07:59 PM	#1
John Coleman Guest Posts: n/a	Valuation needed soon! I do not own any third Reich police Lugers, and have just been offered my first one, and don't know what it is worth. It is being held for me for 24 hours until I make up my mind. Description is as follows: 1940 Mauser Banner, E/f police marked, matching magazine (this is the mag #1, too bad #2 is not present), original finish 99% or better in and out, mirror bore, has traces of what appears to be cosmoline in spots! Stripped it down and all parts match down to the firing pin and the beautiful wood grips. The seller is stuck firm on $1500. My guess is that this is a fair price, but not a real steal, or am I wrong? Reply needed soon!

04-27-2002, 08:21 PM	#2
Orv Reichert RIP Join Date: Jun 2002 Location: SW Washington State Posts: 339 Thanks: 0 Thanked 0 Times in 0 Posts	Buy it! If it is correct, original, and has not been fooled with, it is worth a lot more than the asking price.

04-28-2002, 03:22 PM	#8
John Coleman Guest Posts: n/a	Re: Logic The Mauser banner now is happily reposing in my hermetically sealed, dehumidified, electrically warmed safe along with all its other brethren. No doubt they are exchanging war stories and bragging to each other, thanks to the advice from all you knowledgeable gentlemen. Tonight I shall treat myself to an hour of gentle fondling, and tomorrow we will have a fun session with the digital camera. I am ecstatic!

04-28-2002, 03:39 PM	#9
Orv Reichert RIP Join Date: Jun 2002 Location: SW Washington State Posts: 339 Thanks: 0 Thanked 0 Times in 0 Posts	Congrats! (EOM)

04-28-2002, 03:41 PM	#10
lugerholsterrepair Moderator Lifetime Forum Patron Join Date: Jun 2002 Location: Arizona/Colorado Posts: 7,771 Thanks: 4,928 Thanked 3,124 Times in 1,434 Posts	Re: Smokin!!! John, I entered into negotiations with a Colt collector who had one just like the one you have and he wanted $3000.00 You just got the deal of a lifetime..Jerry Burney

04-28-2002, 05:28 PM	#11
Frank RIP Patron LugerForum Patron Join Date: Jun 2002 Location: Hot & Dry PHX, AZ Posts: 2,078 Thanks: 24 Thanked 163 Times in 87 Posts	I'll Second That !!!! (EOM)

04-28-2002, 06:05 PM	#12
John Coleman Guest Posts: n/a	Geez, Jerry! You blew me out of the water with that price quote! A late Blue Book quotation talked about $1600 for this Luger, but I have always found this publication to be on the low side. Where else can we turn for this up to date info except to our Luger Forum comrades? We really need an up to date pricing guide, don't you think? Bless you all for being there!

04-28-2002, 07:29 PM	#13
lugerholsterrepair Moderator Lifetime Forum Patron Join Date: Jun 2002 Location: Arizona/Colorado Posts: 7,771 Thanks: 4,928 Thanked 3,124 Times in 1,434 Posts	Re: Geez, Jerry! John, To be honest it was a mint example with a mint brown holster, matching mag etc. It was listed on Gunbroker for a short while. That's what it was offered for and I declined it because of the price. I am willing to bide my time and find bargains, not pay high retail. You are right, Blue book values one of these much less but I am more than willing to pay blue book prices for say, a 70% Imperial German Navy...anyone want to sell one? Jerry Burney