Worth of German Luger P08 - never been fired, all matching serial #s. - Page 2

Vlim · 09-19-2010, 02:19 PM

Finish and wear pattern look good to me (slight holster wear at muzzle and on the side plate 'island').

They are very nice guns to shoot, but if you have doubts, let a good gun smith have a look at it and give his ok before attempting to fire it.

It will not blow up, but you may damage small parts that are numbered to the gun, or chip the grips, that would be a pity.

cnv2855 · 09-19-2010, 03:12 PM

Quote:

Originally Posted by Vlim

Finish and wear pattern look good to me (slight holster wear at muzzle and on the side plate 'island').

They are very nice guns to shoot, but if you have doubts, let a good gun smith have a look at it and give his ok before attempting to fire it.

It will not blow up, but you may damage small parts that are numbered to the gun, or chip the grips, that would be a pity.

I'm having a hard time comprehending how this weapon is devalued by up to 80% just because it was marked with an import stamp and re-sold commercially in the 70s. It was made at the same time, with the same materials, in the same fashion, and served in the same war as other P08s that are worth $2000+, yet because it was stamped with an import stamp it loses $1400+ in value. It's unlikely that this gun was re-finished, although it's possible.

I understand collectors can be finicky, but I'm just having a hard time understanding that logic. That's even less than the Interarms/Mauser reproduction that were made in the 70's are worth, and this weapon was made in 1941, and has all matching serials (besides magazines).

cnv2855 · 09-19-2010, 04:56 PM

Then I've just learned that my mom bought this thing from a local gunshow for $4,000, as a birthday present to my dad.

So she basically got scammed by some scumbag *******.

jamese · 09-19-2010, 06:01 PM

I like the guys that come to Luger -U ask questions........and when they get answers they dont want to hear, they get mad at those who shared info..........

jim

Vlim · 09-19-2010, 06:19 PM

Ouch, although I'm convinced that this pistol could bring a good price at the right time and place, it will take some time to become a $4000 gun.

If it makes you feel any better, I also question the devaluation caused by markings that are required by law and will become part of the gun's history anyway.

Try to enjoy the gun for what it is: A real, original WW2 pistol with an interesting history that was a gift from your mom to your dad. Besides it will go up in value, not down.

lugerholsterrepair · 09-19-2010, 06:41 PM

Nick, I'm having a hard time comprehending how this weapon is devalued by up to 80% just because it was marked with an import stamp and re-sold commercially in the 70s.

That's just the way it is. Top Luger collectors the World over prefer their guns to be original in all respects. There are those of us who accept less than pistols right off the production line because of the cost factor but ideally most people try to collect as close to the end of the production line as possible.
Any marking that is not German such as the import stamp... completely throws it out of most collectors line of interest. This might not always be true as many guns become more and more scarce but right now it is. There are many guns available without import stamps and most collectors..if they have a choice... will always pick the one without. And pay more money for it.
Like Vlim says..enjoy it for the story and the memories.

Jerry Burney

cnv2855 · 09-19-2010, 07:35 PM

Quote:

Originally Posted by jamese

I like the guys that come to Luger -U ask questions........and when they get answers they dont want to hear, they get mad at those who shared info..........

jim

I'm not mad at anyone here, don't know where you would get that impression. I am mad at whoever sold this pistol to her though.

And it has nothing to do with the money. A few thousand dollars is inconsequential to me, but I am disappointed to have to tell her that the gun she spent her hard earned money on; as a gift, is essentially worthless and that she was ripped off.

Personally, I've never been a fan of Lugers, but I can appreciate that there are those that love them.

So my parents want me to keep this gun, because they are under the impression that it's worth... a lot, when it's simply not. I'd rather just take it out, shoot it, mess around with it... but at the moment, it doesn't seem like it deserves a spot in my safe. This puts me in a quandry because I'm expected to keep it and treasure it (and not shoot it

). I would never sell a gift that was given to me, like I said... I could care less if this thing was worth $1,000 or $10,000... it's just that if it was worth more, I'd be more motivated to keep it in my safe for the next 20 years and not bring it to the range.

I have other pistols and rifles worth much more than this weapon and I take them to the range. I just hate burning space and keeping a collector's item that isn't even a collector's item.

So basically it boils down to me having a "shooter" but not being able to shoot it.

I mean the gun isn't for sell and probably won't be... ever. But It'd be more enjoyable holding on to something that may be worth a lot more in the future, rather than a gun that isn't worth anything now and probably won't be in the future. I don't know if that makes sense, but that's the best I can put it into words.

Maybe I can get rid of this one, get a real one... and just tell them that it's the same one.

cnv2855 · 09-19-2010, 07:56 PM

Can you guys tell if it has been reblued?

fred p · 09-19-2010, 07:57 PM

you don't have to tell her about the value or lack thereof. keep it as a family heirloom and enjoy it as such. Years down the road you can tell your grand children about how their great gramma got this for their great grampa way back when. No one has to know the cost or the value. That's the beauty of heirlooms....

fred p · 09-19-2010, 07:58 PM

BTW it doesn't look re-blued to me but I am not an expert.

sheepherder · 09-19-2010, 07:58 PM

Quote:

Originally Posted by cnv2855

...but I am disappointed to have to tell her that the gun she spent her hard earned money on; as a gift, is essentially worthless and that she was ripped off.

Then don't. It will remain a priceless gift and an expression of their love. Why spoil their memories?

Quote:

Maybe I can get rid of this one, get a real one... and just tell them that it's the same one.

That should work.

cnv2855 · 09-19-2010, 08:02 PM

Quote:

Originally Posted by fred p

you don't have to tell her about the value or lack thereof. keep it as a family heirloom and enjoy it as such. Years down the road you can tell your grand children about how their great gramma got this for their great grampa way back when. No one has to know the cost or the value. That's the beauty of heirlooms....

But it's not an heirloom. She bought it a couple years ago at a local gunshow, and why would I keep something around that reminds me that people are *******s and take advantage of my mother's kindness and naivety? Not like this thing was taken back from Germany during WW2 by my grandfather.

When I look at it, I basically see... "mom got scammed" written all over it.

I'm the polar opposite of her, I do a lot of research before I buy anything. But she's the kind of person who keeps the people who run infomercials and **** in business, unfortunately.

cnv2855 · 09-19-2010, 08:08 PM

http://www.auctionarms.com/closed/di...mnum=9220508.0

This gun is half as old, has no WW2 history, was made in peacetime during the 70s, and is worth twice as much as this 41/42?

Quote:

I haven't seen any WWII Luger, of any description, sell for less than a couple of thousand dollars, these last few years - with some going for several thousands.

Even a 1970's-era Interarms import beater will cost at least $1K.

I don't even recognize those junk Stoeger .22's from the 70's as Lugers, BTW - but even they're going for $500.

Norme · 09-19-2010, 08:10 PM

Hi Nick, As a father and grandfather, allow me to give you some gray haired advice. This Luger is valuable because your parents value it. Because it doesn't appeal to the specialized tastes of Luger collectors, it is not worthless. One of my most cherished possessions is a pair of cheap brass candlesticks, repaired several times, that belonged to my grandmother. I hope that, one day, you will appreciate this gun's true value. All the best, Norm

snipershot1944 · 09-19-2010, 09:13 PM

Think of it this way. I've been collecting for 40 years and if I see a luger with import marks at a gun show, I won't allow it in the house. They have no collector value to me. Actually the same is true if it is mismatched, refinished, or does not have at least one matching mag. I'm that picky.

But.....................if my mom bought it for my dad, it becomes a family piece, and priceless. It gets put away for the family. That applies to every family gun, no matter what the fair market value is.

FNorm · 09-19-2010, 09:22 PM

Is it possible that Mom's memory could be off by one zero?

FN

mrerick · 09-19-2010, 09:58 PM

"This gun is half as old, has no WW2 history, was made in peacetime during the 70s, and is worth twice as much as this 41/42?"...

The answer is yes. The post war Mauser / Interarms gun appeals to collectors of that type of Luger. They will pay that much.

The one you referred to is likely very close to the exact condition it left the Mauser factory in. That is what appeals to Luger collectors.

There are also collectors that have begun to specialize in Lugers that were reworked by the DDR - they are referred to as VoPo Lugers because they were carried by the Volks Polizei in East Germany. They are more valuable to those collectors.

Buyers establish the market value of these things. Conditions change constantly. Part of my tuition at Luger University has been spent on the excellent (if expensive) reference books that are available. Even with these and the background I have gotten here, I still make mistakes - but only make them one time.

Marc

cnv2855 · 09-20-2010, 01:05 AM

So a 41/42 P08 imported by Interarms that has original finish is worth $600-800.

A 41/42 P08 imported by Interarms that has been reblued is worth $600-800?

alanint · 09-20-2010, 04:58 AM

Right now, yes. The curent climate is that an import is an import. They are all lumped into the same class.
You might ask a little more for a gun with original finish, but you are still trying to sell a "shooter" among the thousands of "shooters" which were imported into the country in the last decades. You may get your price, you may not.
Would you buy a 10-15 year old used car because it has original paint over one that has been repainted? You may if you are hedging that it will be worth something years from now but most buyers, (the market) would take the repainted car, thus making it more "valuable" as a daily driver. As mentioned above, VoPo Lugers are coming into their own as collector's items but it will be years if ever before nuances like "original" finish make a difference in the sales price.

apis mellifera · 09-20-2010, 05:25 PM

I know you said it's not for sale, so I'll offer you $5000 for it. Hopefully that will make it worth something to you and you can tell your mom that you turned down a ridiculous offer.

Things are only worth what someone is willing to pay.

Therefore you have a $4000 Luger. As long as you don't try to sell it off, it's worth $4000 - your mom proved that.

09-19-2010, 06:01 PM	#24
jamese User Join Date: Jan 2003 Location: South Florida Posts: 789 Thanks: 0 Thanked 84 Times in 34 Posts	I like the guys that come to Luger -U ask questions........and when they get answers they dont want to hear, they get mad at those who shared info.......... jim __________________ The "truth" is a matter of Perception

09-19-2010, 06:41 PM	#26
lugerholsterrepair Moderator Lifetime Forum Patron Join Date: Jun 2002 Location: Arizona/Colorado Posts: 7,760 Thanks: 4,848 Thanked 3,099 Times in 1,426 Posts	Nick, I'm having a hard time comprehending how this weapon is devalued by up to 80% just because it was marked with an import stamp and re-sold commercially in the 70s. That's just the way it is. Top Luger collectors the World over prefer their guns to be original in all respects. There are those of us who accept less than pistols right off the production line because of the cost factor but ideally most people try to collect as close to the end of the production line as possible. Any marking that is not German such as the import stamp... completely throws it out of most collectors line of interest. This might not always be true as many guns become more and more scarce but right now it is. There are many guns available without import stamps and most collectors..if they have a choice... will always pick the one without. And pay more money for it. Like Vlim says..enjoy it for the story and the memories. Jerry Burney __________________ Jerry Burney 11491 S. Guadalupe Drive Yuma AZ 85367-6182 lugerholsterrepair@earthlink.net 928 342-7583 (CO & AZ) Year Round 719 207-3331 (cell) "For those who Fight For It, Life has a flavor the protected will never know."

09-19-2010, 07:57 PM	#29
fred p User Join Date: Jul 2005 Location: N.C. usa Posts: 86 Thanks: 10 Thanked 4 Times in 4 Posts	you don't have to tell her about the value or lack thereof. keep it as a family heirloom and enjoy it as such. Years down the road you can tell your grand children about how their great gramma got this for their great grampa way back when. No one has to know the cost or the value. That's the beauty of heirlooms.... __________________ if it's broke I'll either fix it or I'll fix it so no one else can fix it.

09-19-2010, 07:58 PM	#30
fred p User Join Date: Jul 2005 Location: N.C. usa Posts: 86 Thanks: 10 Thanked 4 Times in 4 Posts	BTW it doesn't look re-blued to me but I am not an expert. __________________ if it's broke I'll either fix it or I'll fix it so no one else can fix it.

09-19-2010, 09:58 PM	#37
mrerick Super Moderator - Patron LugerForum Life Patron Join Date: Dec 2009 Location: Eastern North Carolina, USA Posts: 3,900 Thanks: 1,370 Thanked 3,094 Times in 1,503 Posts	"This gun is half as old, has no WW2 history, was made in peacetime during the 70s, and is worth twice as much as this 41/42?"... The answer is yes. The post war Mauser / Interarms gun appeals to collectors of that type of Luger. They will pay that much. The one you referred to is likely very close to the exact condition it left the Mauser factory in. That is what appeals to Luger collectors. There are also collectors that have begun to specialize in Lugers that were reworked by the DDR - they are referred to as VoPo Lugers because they were carried by the Volks Polizei in East Germany. They are more valuable to those collectors. Buyers establish the market value of these things. Conditions change constantly. Part of my tuition at Luger University has been spent on the excellent (if expensive) reference books that are available. Even with these and the background I have gotten here, I still make mistakes - but only make them one time. Marc __________________ Igitur si vis pacem, para bellum - - Therefore if you want peace, prepare for war.

09-19-2010, 02:19 PM	#21
Vlim Moderator Lifetime LugerForum Patron Join Date: Oct 2002 Location: Europe Posts: 5,032 Thanks: 1,018 Thanked 3,873 Times in 1,184 Posts	Finish and wear pattern look good to me (slight holster wear at muzzle and on the side plate 'island'). They are very nice guns to shoot, but if you have doubts, let a good gun smith have a look at it and give his ok before attempting to fire it. It will not blow up, but you may damage small parts that are numbered to the gun, or chip the grips, that would be a pity.

09-19-2010, 04:56 PM	#23
cnv2855 User Join Date: Sep 2010 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	Then I've just learned that my mom bought this thing from a local gunshow for $4,000, as a birthday present to my dad. So she basically got scammed by some scumbag *******.

09-19-2010, 06:19 PM	#25
Vlim Moderator Lifetime LugerForum Patron Join Date: Oct 2002 Location: Europe Posts: 5,032 Thanks: 1,018 Thanked 3,873 Times in 1,184 Posts	Ouch, although I'm convinced that this pistol could bring a good price at the right time and place, it will take some time to become a $4000 gun. If it makes you feel any better, I also question the devaluation caused by markings that are required by law and will become part of the gun's history anyway. Try to enjoy the gun for what it is: A real, original WW2 pistol with an interesting history that was a gift from your mom to your dad. Besides it will go up in value, not down.

09-19-2010, 07:56 PM	#28
cnv2855 User Join Date: Sep 2010 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	Can you guys tell if it has been reblued?

09-19-2010, 08:10 PM	#34
Norme Always A Lifetime Forum Patron Join Date: Jul 2009 Location: Colorado Posts: 2,414 Thanks: 224 Thanked 2,591 Times in 930 Posts	Hi Nick, As a father and grandfather, allow me to give you some gray haired advice. This Luger is valuable because your parents value it. Because it doesn't appeal to the specialized tastes of Luger collectors, it is not worthless. One of my most cherished possessions is a pair of cheap brass candlesticks, repaired several times, that belonged to my grandmother. I hope that, one day, you will appreciate this gun's true value. All the best, Norm

09-19-2010, 09:13 PM	#35
snipershot1944 User Join Date: May 2003 Location: Virginia, part of the occupied Confederacy Posts: 299 Thanks: 15 Thanked 33 Times in 24 Posts	Think of it this way. I've been collecting for 40 years and if I see a luger with import marks at a gun show, I won't allow it in the house. They have no collector value to me. Actually the same is true if it is mismatched, refinished, or does not have at least one matching mag. I'm that picky. But.....................if my mom bought it for my dad, it becomes a family piece, and priceless. It gets put away for the family. That applies to every family gun, no matter what the fair market value is.

09-19-2010, 09:22 PM	#36
FNorm Patron LugerForum Patron Join Date: Mar 2009 Location: Colorado Posts: 978 Thanks: 68 Thanked 127 Times in 108 Posts	Is it possible that Mom's memory could be off by one zero? FN

09-20-2010, 01:05 AM	#38
cnv2855 User Join Date: Sep 2010 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	So a 41/42 P08 imported by Interarms that has original finish is worth $600-800. A 41/42 P08 imported by Interarms that has been reblued is worth $600-800?

09-20-2010, 04:58 AM	#39
alanint User Join Date: Mar 2008 Location: Marco Island, Florida Posts: 4,867 Thanks: 1,685 Thanked 1,916 Times in 1,192 Posts	Right now, yes. The curent climate is that an import is an import. They are all lumped into the same class. You might ask a little more for a gun with original finish, but you are still trying to sell a "shooter" among the thousands of "shooters" which were imported into the country in the last decades. You may get your price, you may not. Would you buy a 10-15 year old used car because it has original paint over one that has been repainted? You may if you are hedging that it will be worth something years from now but most buyers, (the market) would take the repainted car, thus making it more "valuable" as a daily driver. As mentioned above, VoPo Lugers are coming into their own as collector's items but it will be years if ever before nuances like "original" finish make a difference in the sales price.

09-20-2010, 05:25 PM	#40
apis mellifera User Join Date: Jan 2007 Location: WV Posts: 149 Thanks: 3 Thanked 24 Times in 8 Posts	I know you said it's not for sale, so I'll offer you $5000 for it. Hopefully that will make it worth something to you and you can tell your mom that you turned down a ridiculous offer. Things are only worth what someone is willing to pay. Therefore you have a $4000 Luger. As long as you don't try to sell it off, it's worth $4000 - your mom proved that.