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Price of Early Colt L Drum?


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Link to an early August GunBroker sale:

 

https://www.gunbroker.com/item/780482198

 

Note, the sale was ended several days early by the seller. IMHO, this drum may have sold for a higher amount had the the sale gone to its initially indicated ending date.

 

FWIW, if price is not a major concern, Autoweapons has a couple of first and of second generations of numbered L drums. "Email for price." Link:

 

https://www.autoweapons.com/photos/accys/thompson.html

 

I have no affiliation with either of the parties who are associated with the above links.

 

Best of luck.

 

MHO, YMMV, etc.

Edited by Merry Ploughboy
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michaelkih,

 

There were two recent sales of original numbered L drums on Gunbroker, both of which went for large sums, approximately $7,000.00 and $5,000.00, respectively. The drum that Merry Ploughboy referenced was changed late in the auction to a Buy It Now at the amount it sold for. That seller, taking his cue from the earlier Gunbroker sale, had it initially listed near the $7,000.00 figure. In my opinion, these prices do not accurately reflect the market on numbered L drums. Of course, one can argue that that is what they sold for so that is now the market price, but I believe they can be purchased for less through private sales between collectors. The problem is finding one that is for sale. They seem to have become rather scarce.

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I was the seller in that early august sale for 4495. GIjive was 100% right on with his post. Yes, did see one sell for 7k

but they are not worth that. 4000 to 5500 is a range you could use as a rule of thumb. good luck MP

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