Jump to content


Photo
- - - - -

Colt Thompson Value ?


  • Please log in to reply
12 replies to this topic

#1 sten guy

sten guy

    Long Time Member

  • Regular Group
  • 156 posts
  • Gender:Male

Posted 05 May 2004 - 09:47 AM

I know refinishing hurts the value , but what would a Navy Overstamp refinished to almost new condition be worth in todays market?? The metal and wood are perfect and to the novice would appear to be a new gun... All internals and wood are correct and the markings are sharp.
  • 0

#2 Arthur Fliegenheimer

Arthur Fliegenheimer

    Respected Member

  • Regular Group
  • 3456 posts
  • Gender:Male

Posted 05 May 2004 - 10:32 AM

Figure a 40% deduction for refinish so approx $15K-$17K?
  • 0

#3 sten guy

sten guy

    Long Time Member

  • Regular Group
  • 156 posts
  • Gender:Male

Posted 05 May 2004 - 10:35 AM

I suppose you can add if you have a documented history??
  • 0

#4 Arthur Fliegenheimer

Arthur Fliegenheimer

    Respected Member

  • Regular Group
  • 3456 posts
  • Gender:Male

Posted 05 May 2004 - 10:47 AM

It depends on the type of documentation. It is always nice to have a document showing the original purchase of a Colt from Auto-Ord by the customer usually a PD. But unless the gun was associated with some historical event, or owned by some historical figure, the added value would not be very significant.
  • 0

#5 21 smoker

21 smoker

    Long Time RKI Member

  • Board Benefactor
  • 1333 posts
  • Gender:Male
  • Location:West coast ,FL
  • Interests:collecting nfa, old cars, huntin` n fishin`, reloading ammo

    NRA CERTIFIED INSTRUCTOR
    MVPA RESTORATION MEMBER
    MARINE CORP LEAGUE PISTOL TEAM MEMBER

Posted 05 May 2004 - 11:50 AM

My 21 is not connected to any historical figure or event,however I take great personal pride in the fact that it was initially purchased by that leftist liberal rag..the New York Daily News in 1921...just makes it that much sweeter!!! Somewhere along the line it has been refinished and I couldn`t care less....I`ll just keep it smokin`...out. wink.gif
  • 0

#6 John Jr

John Jr

    Long Time RKI Member

  • Regular Group
  • 1956 posts
  • Gender:Male
  • Location:Mena, Arkansas, USA
  • Interests:Plenty

Posted 05 May 2004 - 04:19 PM

I bet you cant buy it for 15K. If you can you had sure better. Gun could bring up to 20K, after all its a Navy Overstamp and they are the most valuable ones out there (don't ask me why). 40% is a bit steep, but I would think around 15-20% is more like it. The good ones sell around 25K and usually come with good stuff like cases and drums and mags.

Jr
  • 0

#7 JimFromFL

JimFromFL

    Long Time RKI Member

  • Regular Group
  • 1877 posts
  • Gender:Male
  • Location:Florida

Posted 05 May 2004 - 07:17 PM

QUOTE (21 smoker @ May 5 2004, 11:50 AM)
My 21 is not connected to any historical figure or event,however I take great personal pride in the fact that it was initially purchased by that leftist liberal rag..the New York Daily News in 1921...just makes it that much sweeter!!! Somewhere along the line it has been refinished and I couldn`t care less....I`ll just keep it smokin`...out. wink.gif

Were you at the Hernando Shoot?
  • 0

#8 21 smoker

21 smoker

    Long Time RKI Member

  • Board Benefactor
  • 1333 posts
  • Gender:Male
  • Location:West coast ,FL
  • Interests:collecting nfa, old cars, huntin` n fishin`, reloading ammo

    NRA CERTIFIED INSTRUCTOR
    MVPA RESTORATION MEMBER
    MARINE CORP LEAGUE PISTOL TEAM MEMBER

Posted 05 May 2004 - 08:01 PM

JimFromFL,..You betcha...shot the hell out of bin laden and personally set that datsun ablaze...well maybe...I did video a drum dump on the 21,way cool...BAR was a barkin`...test fired a new sterling...broke the 16 again...ran the mac10 til it was too hot to hold...reising ran good...sten too...just a great day all in all...even broke in a couple of newbies...how about you,were you there? maybe we can meet up July4...I`m usually at Hernando once a month or so,joined 15yrs ago...the club is what got me into MGs...it`s all their fault..God Bless`em!out. wink.gif
  • 0

#9 John Jr

John Jr

    Long Time RKI Member

  • Regular Group
  • 1956 posts
  • Gender:Male
  • Location:Mena, Arkansas, USA
  • Interests:Plenty

Posted 05 May 2004 - 08:03 PM

Tell you what ron; I will buy every single refinished Navy overstamp in the condition sten guy mentioned for $10000 you can find. How's that for jungle jive.

Jr
  • 0

#10 Arthur Fliegenheimer

Arthur Fliegenheimer

    Respected Member

  • Regular Group
  • 3456 posts
  • Gender:Male

Posted 05 May 2004 - 08:10 PM

John Jr,
Too late. Mike has already finagled all available purchases of Colt TSMG's for under $12K.

  • 0

#11 John Jr

John Jr

    Long Time RKI Member

  • Regular Group
  • 1956 posts
  • Gender:Male
  • Location:Mena, Arkansas, USA
  • Interests:Plenty

Posted 05 May 2004 - 08:38 PM

You find em and Ill buy em.

Jr
  • 0

#12 JimFromFL

JimFromFL

    Long Time RKI Member

  • Regular Group
  • 1877 posts
  • Gender:Male
  • Location:Florida

Posted 05 May 2004 - 10:24 PM

QUOTE (21 smoker @ May 5 2004, 08:01 PM)
JimFromFL,..You betcha...shot the hell out of bin laden and personally set that datsun ablaze...well maybe...I did video a drum dump on the 21,way cool...BAR was a barkin`...test fired a new sterling...broke the 16 again...ran the mac10 til it was too hot to hold...reising ran good...sten too...just a great day all in all...even broke in a couple of newbies...how about you,were you there? maybe we can meet up July4...I`m usually at Hernando once a month or so,joined 15yrs ago...the club is what got me into MGs...it`s all their fault..God Bless`em!out. wink.gif

I believe I talked with you. I was there with my son. Your Thompson was obtained by Mr. D and you showed me the Bars (both full-auto and semi) if I remember correctly.

I plan on being there for the next show July 4th. If you are there, can I try out your full-auto BAR? cool.gif
  • 0

#13 21 smoker

21 smoker

    Long Time RKI Member

  • Board Benefactor
  • 1333 posts
  • Gender:Male
  • Location:West coast ,FL
  • Interests:collecting nfa, old cars, huntin` n fishin`, reloading ammo

    NRA CERTIFIED INSTRUCTOR
    MVPA RESTORATION MEMBER
    MARINE CORP LEAGUE PISTOL TEAM MEMBER

Posted 06 May 2004 - 10:28 AM

JimFromFL,...absolutely... half the fun of a MG shoot is sharing the good times...my memory is about as long as...well,not very long...you will have to reaquaint yourself in July...I look forward to that,and I have lots of family and freinds to help this time...should be a blast!!out.
  • 0