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$$ Value Of 1928 Wh Thompson


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#1 dclapper

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Posted 30 September 2004 - 09:20 PM

I have a 1928 West Hurley Thompson sold by the American Historical foundation. It's a Korean War Commemorative Model and is unfired. Paid $2995.00 for it. Whats it worth now? Not selling but just curious.
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#2 John Jr

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Posted 30 September 2004 - 10:03 PM

QUOTE
Paid $2995.00 for it. Whats it worth now?


Its worth 13K.

(I will gladly take it off your hands for $7500 cash)

Jr
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#3 Z3BigDaddy

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Posted 30 September 2004 - 10:12 PM

look on this page someone has a link to one at $11.300.00....
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#4 Norm

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Posted 30 September 2004 - 11:02 PM

It's worth keeping! It will only go up in value wink.gif (assuming it is transferable.)
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#5 tedgun1911

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Posted 01 October 2004 - 01:32 AM

From what I've seen, they can run $12,000 and higher.
(If that seems high, try pricing a 1921 Colt. biggrin.gif
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#6 SecondAmend

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Posted 01 October 2004 - 06:29 AM

Opinion Only: The gun itself is probably worth about $12,000. If one wanted to turn it into a shooter, that could be done for another $1250 or so for an IMA or Ohio Ordnance kit plus labor to swap everything off the receiver.

If you have the display case also, maybe another $500?
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#7 Z3BigDaddy

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Posted 01 October 2004 - 05:26 PM

Isn't the value here for the gun? Seems to me having it an unfired commemorative gun does not add any value at this point..... or am I off on that?
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#8 DC Chris

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Posted 01 October 2004 - 06:03 PM

Z3-

I think the value here is the receiver, not the commemorative status. Full auto quantity is finite and demand clearly exceeds availibility.

Personally, I think those guns are a little hard on the eyes, but they could probably be cleaned up pretty nice like SecondAmend said. I thought about doing this too and I decided to pass and just bite the bullet.

But... if I had one, I would probably keep it too, not fire it and see what I could get for shooter guns. Safe queens are boring. ph34r.gif

Just my 0.02 -

Chris
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