Frankenlugers, or Parts Guns vs. Shooters

[John Winter]

One of the most valuable assets to beginning collectors is Steve Fjestad's Blue Book of Gun Values. The information contained in this book has been compiled by nationally recognized experts in both firearms evaluation and marketability and basically, it sets the standard for the trade. In examining the section Lugers with Variations, one finds that the lowest, or shooter classification is 60%, which by description refers to pistols in matching, original condition with the exception of the magazine. Recent imports are separately classified as being in the $395-$550 price range and the issue of parts guns is not even mentioned.

Probably anyone who has had the experience of trading at the larger shows has been offered parts guns, or Frankenlugers. To the established, ethical dealer, these have little or no appeal as firearms investments and are consequently avoided. Assuming that a gun in this classification hasn't been refinished, renumbered or worn out, their only realistic value depends on the condition of their parts. Refinished mixmasters with aftermarket parts are of even lesser value. While these gems are frequently foisted off on the unsuspecting at prices approximating the value of legitimate Lugers, usually the only person who would buy one already has. When individuals on this forum urge beginning collectors to purchase guns in this latter category at prices comparable to those of legitimate guns, they undermine their own credibility.