Luger-ly Challenged....need an approximate value

LugerVern · 08-25-2008, 12:59 AM

Eric

Take a look at this web site, Simpson LTD, they have several 1918's for sale, look under DWM guns.

http://www.simpsonltd.com/

Prices you see will be high retail and toward the max a retail shop would charge you if you bought the gun from them. A basic rule of thumb is to take 60% to 70% of that value as what you could expect to get for your gun. This is just basic business 101. Everyone wants to make at least 30% profit, anything less than that and they soon go out of business.

For example they currently have a 1918 much like yours listed for $2250, using my formula that places your expected value between $1359 and $1575.

Pretty much what Ed just told you just arrived at using math and a reference.

If you think this still sounds low, monitor some of the auction sites such as Gunbroker.com, you will see about the same thing going on.

They made a lot of 1918 Lugers, so even though your gun is collectible it isn't rare.

Vern

By the way, welcome to the forumÃ¢??why not just keep the gun, itÃ¢??s a pretty nice one to start a collection with

08-25-2008, 12:59 AM	#10
LugerVern User Join Date: Apr 2005 Location: Virginia Posts: 563 Thanks: 1 Thanked 34 Times in 27 Posts	Eric Take a look at this web site, Simpson LTD, they have several 1918's for sale, look under DWM guns. http://www.simpsonltd.com/ Prices you see will be high retail and toward the max a retail shop would charge you if you bought the gun from them. A basic rule of thumb is to take 60% to 70% of that value as what you could expect to get for your gun. This is just basic business 101. Everyone wants to make at least 30% profit, anything less than that and they soon go out of business. For example they currently have a 1918 much like yours listed for $2250, using my formula that places your expected value between $1359 and $1575. Pretty much what Ed just told you just arrived at using math and a reference. If you think this still sounds low, monitor some of the auction sites such as Gunbroker.com, you will see about the same thing going on. They made a lot of 1918 Lugers, so even though your gun is collectible it isn't rare. Vern By the way, welcome to the forumÃ¢??why not just keep the gun, itÃ¢??s a pretty nice one to start a collection with