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Unread 04-25-2007, 09:03 PM   #1
Lloyd in Nevada
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Default Luger Prices UP UP UP

Well, it seems that the stock market isn't the only thing up lately (smile!) I can't believe what Simpsons is asking for a Mauser BYF 42 Luger Rig--OVER $4,000 ($4,250 to be exact)!! Come on a 42 BYF is certainly not scarce or rare even in high grade. I have one that is in as good or better shape than this one on the Simpson What's New Page:

http://www.simpsonltd.com/index.php?...f446470a09d175


I paid $1,300 for mine about three (3) years ago (from FGS) added a spare magazine $100 tool $45 nicer holster $275 complete rig $1,720.00. Don't I wish I had a few extra to SELL!

I collect and focus on Walther WWII waffenamt marked PPs and PPKs at this time because there is much greater value and potential than a common Luger like this and my BYF 42. I just recently bought a Walther 9mmK BMR E/WaA359 with matching serial numbered magazine for way less that the Simpson Luger above (even if you strip out the value of the spare mag, tool and holster). This, it is claimed, was a Luftwaffe PP. There was only around 1500 so marked and it is in very high collectible grade. It was produced in 1941 so earlier than the BYF 42 Luger. Look how many of the BYF 42 Lugers were produced and accepted by the military. I know there is more demand for Lugers but you can find a BYF 42 Luger in high grade anytime--they are common. It took me three years to find this Walther Luftwaffe PP pistol. I will stick with the WWII vintage military Walther PPs and PPKs and hope the same price appreciation blesses these Walther pistols like what has happened to the WWII military Lugers!
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Unread 05-04-2007, 10:41 AM   #2
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Wow, nice of you to show us your PPs...

Very nice condition guns. I have a Manhurin that I like very much in similar condition, but those are really nice...

Yeah, the price of Lugers rising is both a curse and a blessing at the same time. Oh well, it's only money...
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Unread 05-06-2007, 12:50 AM   #3
383 magnum
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I am amazed at how much Lugers and other desirable firearms have skyrocketed in value during the past few years. I've been collecting off and on for 21 years and it seems the prices have doubled during the past 5-7 years. The Internet no doubt has a lot to do with this. The prices are not ever going to go down, so if you come across a good deal and can afford it, snap it up!
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Unread 05-06-2007, 09:46 AM   #4
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Lloyd, you present a most convincing analysis of today's prices. First of all, let me say that any 99% military Luger today is worth at least $2000 without accessories. This includes even the most common exmples. Add a matching mag and the value goes even higher. With two matching mags, the sky's the limit. As for the PP and PPK pistols, even though they may be scarcer than comparable Lugers, are less in demand because the base of buyers is more interested in the glamour and appearance of Lugers. There are many potential buyers who are novices when it comes to collecting, but exposure to movies and war stories has sent them out on a quest for Lugers. PP? PPK? What are they?
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Unread 05-06-2007, 09:54 AM   #5
Navy
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Gents,

If you are interested in seeing truly astronomical growth over time, consider C&R machine guns.

Examples..

1921 Colt Thompson 1965- $250; 2007-$32,000 Up
MP40 $$85 $17,000
Reising M55 $65 $10,000

Pretty Good Growth, huh? They tend to double in value every 3-5 years.

That is why I am converting most of my duplicate pieces into C&R machine guns. Oh, and they are a hell of a lot of fun.


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Unread 05-06-2007, 10:30 AM   #6
drbuster
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Lugers and C&R machine guns have indeed appreciated in value. It's a major reflection, in my view, of buyers willingness to put up the money. I believe SimpsonLTD is constantly testing this willingness and I have yet to see a piece reduced in price, it just stays around longer. But if you think this is a good example of appreciation of value, witness the increases seen with first generation Colt SAA's, Dragoons, Walkers and Patersons. They leave the lugers in the dust.
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Unread 05-06-2007, 05:30 PM   #7
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Doc,

The First Gen SAA, Dragoons, Walkers, etc have ALWAYS been the gilt edge of collectables. Most of us, I expect, got in to Lugers because back when, that was as much exotica as we could afford.

FWIW, I have a set of Colt SAA that are a matched pair and were built and engraved for famous pistolero and Border Patrol Chief, Bill Jordan. I am looking for a home for them if you know anyone with an interest. They letter out and there is a letter from Jordan about the guns that is included.

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Unread 05-16-2007, 09:00 PM   #8
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Default Stop the Insanity

Man, am I glad I already own a Luger.

http://www.gunbroker.com/Auction/Vie...?Item=71242270
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Unread 05-20-2007, 05:43 PM   #9
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Outrageous prices! But you can still find a deal if you check out pawn shops and private owners who aren't internet savvy.

MAybe a coming recession will see the bubble deflate a little.
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