Jump to content


Photo
- - - - -

Is A C Drum Worth $1500.00


  • Please log in to reply
26 replies to this topic

#1 NotDeaf

NotDeaf

    Regular Member

  • Regular Group
  • 122 posts
  • Gender:Male
  • Location:Cleveland, Ohio

Posted 03 December 2004 - 02:17 PM

I've seen a few drum go here and there, but $1500.00 ???
C Drum
  • 0

#2 Norm

Norm

    Long Time RKI Member

  • Board Benefactor
  • 2514 posts
  • Gender:Male
  • Location:Memphis, TN
  • Interests:Thompsons (of course), Electronics, Physics, History, Mechanics, Collecting License Plates.

Posted 03 December 2004 - 02:49 PM

A Westy C Drum. It will have to be re-worked to function correctly.

Before the ban sunset, maybe $1,500.

Now that the ban has ended, I am sure that somone will make C drums again. There has even been talk on this board of someone making C drums.

  • 0

#3 John Jr

John Jr

    Long Time RKI Member

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

Posted 03 December 2004 - 05:27 PM

450 to 500 MAX on one of those things since the sunset has happened and there is talk that new production will begin in that price range.

Not to mention most of the 100 round C drums that they made don't work without $400 worth of repairs or something like that.

Stay away if you ask me.

Jr
  • 0

#4 Merry Ploughboy

Merry Ploughboy

    Long Time RKI Member

  • Regular Group
  • 894 posts
  • Gender:Male

Posted 03 December 2004 - 06:18 PM

Is a WH C drum worth $1,500? No.

Is a Kahr L drum worth $284? No.

But I wonder, how can a C drum (presumably one that works) be made for $500 when it costs $400 to make one that is already assembled work?

MHOs


  • 0

#5 DC Chris

DC Chris

    Long Time RKI Member

  • Regular Group
  • 408 posts
  • Gender:Male
  • Location:Columbia, MD

Posted 04 December 2004 - 04:31 PM

I disagree.

If the drum has been tuned by Merle and you want it now, $1500 is about market rate for it. I think untuned C drums should be in range between $1000-1200.

There is talk of someone other than Kahr making 100 round drums, but until the details are released and things are firmed up you don't have many choices.

Its very simple. Limitied supply, greater demand and no current production = higher price.

If you want it, you will pay the premium.

I know that complaining about the prices won't get you a drum....
  • 0

#6 Hawkeye_Joe

Hawkeye_Joe

    Long Time RKI Member

  • Board Benefactor
  • 2486 posts
  • Gender:Male

Posted 04 December 2004 - 06:39 PM

Now there is a Cosby L drum on sale on evilbay for $1500.00
  • 0

#7 DC Chris

DC Chris

    Long Time RKI Member

  • Regular Group
  • 408 posts
  • Gender:Male
  • Location:Columbia, MD

Posted 04 December 2004 - 06:54 PM

... and here is a virgin NIB WH C drum for $2k! ... now that is overpriced!

WH C Drum - NIB $1995 - first on the page


  • 0

#8 Grey Crow

Grey Crow

    RKI Member

  • Board Donor
  • 1077 posts
  • Location:North Central Pennsylvania
  • Interests:Thompson Submachine guns, computers, reptiles.

Posted 04 December 2004 - 08:38 PM

The older C's will probably loose a little of their value, "IF" the new ones work and are eventually produced.

I feel that even my Worcester patent dated L has likely lost a little of it's value. But then it's not a shooter. Works like a finely made Swiss watch, without any adjustments.

I guess it's like comparing a Colt Tommy to a WH. Each one has it's place in the collection, and history of the gun.

Just my .02 on the topic!
  • 0

#9 Ron A

Ron A

    Long Time RKI Member

  • Regular Group
  • 641 posts
  • Gender:Male
  • Location:Helena, Montana
  • Interests:Collector of Thompson guns & items<br>Colt single actions<br>Native American items - pre 1900

Posted 05 December 2004 - 06:54 AM

At this point I don't think anyone knows what will happen with drum prices. Six months ago the military L drums were highter than I see them selling for now - however at the SAR show they were asking at least as much as 6 months ago, or more. I have been able to buy 2 drums in the last month for considerable less than 6 months ago. Maybe seller fear.

If no company makes a C drum, then I think the AO price will hold. I think it would be questionable for anyone to tool up for a C drum - the demand would be limited. "A Chinese drum"

I don't see Colt drums going anywhere but up in price.
  • 0

#10 Hawkeye_Joe

Hawkeye_Joe

    Long Time RKI Member

  • Board Benefactor
  • 2486 posts
  • Gender:Male

Posted 05 December 2004 - 08:55 AM

Posted today at Sturm Board....

WTS: ORIGINAL THOMPSON 3RD GEN NY L DRUM $2265 PIC
  • 0

#11 Norm

Norm

    Long Time RKI Member

  • Board Benefactor
  • 2514 posts
  • Gender:Male
  • Location:Memphis, TN
  • Interests:Thompsons (of course), Electronics, Physics, History, Mechanics, Collecting License Plates.

Posted 05 December 2004 - 08:56 AM

Price issue aside; I am surprised that eBay has not pulled the auction yet.

  • 0

#12 Sig

Sig

    Respected Member and Board Benefactor

  • Moderator
  • 1630 posts
  • Gender:Male

Posted 05 December 2004 - 09:10 AM

It's not on evilbay it's on Sturmgewehr.com.
I believe I first noted it for sale as a "2nd Model" for $3,465 back in September.
  • 0

#13 Merry Ploughboy

Merry Ploughboy

    Long Time RKI Member

  • Regular Group
  • 894 posts
  • Gender:Male

Posted 05 December 2004 - 09:34 AM

Reality check:

Cut from a Dan Shea 04 DEC 2004 post on the Subguns NFA forum under the topic SAR show,

"Seen walking through the show with big smiles... guy who bought original C drum and NY drum 1500 for the pair "

Okay, one happy customer does not set a market price but it sure does indicate that there are some seriously overpriced C and L drums on the market.
  • 0

#14 Hawkeye_Joe

Hawkeye_Joe

    Long Time RKI Member

  • Board Benefactor
  • 2486 posts
  • Gender:Male

Posted 05 December 2004 - 10:16 AM

QUOTE
guy who bought original C drum and NY drum 1500 for the pair




QUOTE
one happy customer does not set a market price



That's $750.00 apiece not $1500... laugh.gif
  • 0

#15 Sig

Sig

    Respected Member and Board Benefactor

  • Moderator
  • 1630 posts
  • Gender:Male

Posted 05 December 2004 - 10:19 AM

I question if in fact the price was for "original" drums as noted.
As I said on the SAR post, there is one VERY lucky buyer and one VERY unlucky seller if that is the case.
In my opinion it would be extremely hard to believe a seller at an event like this would be so underpriced. Sellers at events like these would/should know market price. It is more likely that I think someone got a good deal on a C and L drum vintage unknown but miscommunicated along the way as originals.


  • 0

#16 Sig

Sig

    Respected Member and Board Benefactor

  • Moderator
  • 1630 posts
  • Gender:Male

Posted 05 December 2004 - 10:56 AM

$15k, now that is what one would expect to see for prices on an original pair of drums!
Not that I think that is the going rate or anything like that.
Now it is making more sense.
  • 0

#17 Merry Ploughboy

Merry Ploughboy

    Long Time RKI Member

  • Regular Group
  • 894 posts
  • Gender:Male

Posted 05 December 2004 - 11:21 AM

I don't think anybody would be smiling at having paid $15,000 for a C drum and an L drum of any vintage unless they were signed by John T. Thompson and Oscar Payne, and authenticated as such.

At $1,500 each (or $3,000 for the pair), we're in a more believable range for a happy customer with original Colt (not WH) C drums commanding in the $3,000 range or more alone. In that case, the L drum, regardless of heritage, was "free."

Yet further, a WH C drum is still not worth $1,500, especially considering the seller makes no statement as to whether or not it functions. As was noted, the one for sale may well need $400 of additional work making the effective price $1,900.
  • 0

#18 Merry Ploughboy

Merry Ploughboy

    Long Time RKI Member

  • Regular Group
  • 894 posts
  • Gender:Male

Posted 05 December 2004 - 12:10 PM

pat k,

I think your price is typical. As for "reasonable"????

MP
  • 0

#19 Grey Crow

Grey Crow

    RKI Member

  • Board Donor
  • 1077 posts
  • Location:North Central Pennsylvania
  • Interests:Thompson Submachine guns, computers, reptiles.

Posted 05 December 2004 - 01:05 PM

Pat,

You did ok for the Bridgeport.

I gave $1,179. for a Worcester, patent dated, NY L, in near mint condition. About a year prior to the sunset.

It works an I'm happy, I guess that's the important part, that the buyer is pleased with their purchase.


  • 0

#20 OldFalGuy

OldFalGuy

    Long Time RKI Member

  • Regular Group
  • 700 posts
  • Gender:Male
  • Location:Central Texas
  • Interests:Sporting Clays, Skeet, Reloading and just plain Living

Posted 05 December 2004 - 11:30 PM

Pat, Guys- that pair of C drums had matching serial numbers-

Be worth something if one had the gun that went with them otherwise they ought to be in a museum.

When I see something like these I think the seller doesn't really care to sell them unless he can really get his teeth fixed by doing so.

They were indeed very nice looking drums.

Mark
  • 0