Is A C Drum Worth $1500.00
Posted 07 December 2004 - 12:22 AM
Posted 08 December 2004 - 03:19 PM
I believe the C was up to $1200, anyone catch what the L drum was at?
Posted 08 December 2004 - 05:05 PM
Posted 10 December 2004 - 10:28 AM
Let me see if I understand this..... If you have two serial numbered drums you want to get rid of. Let's see now... you switch the top covers on the two drums and poof - you've discovered a rare "matching-mismatched" pair worth 3-4 times the market value. What a find!
Posted 10 December 2004 - 02:29 PM
Give Mike some credence. Mike obtained a Colt "C" drum some years ago.
It was mismatched, #91 and #1821 (I think)
Years later he turns up a second mismatched Colt "C" drum #1821 and #91. The chances of such a find is rare.
You must remember that most of the early number (3 digit) drums went to Ireland with the Rorke and Gentry guns and all of the "C" drums here in New Zealand came out of Ireland.
He had the two drums for sale for $15,000.00.
Drums were certainly selling at the SAR show.
While some people picked up some real bargains, a lot of Westy "L" drums were selling between $250 and $500, WW2 drums were selling at $600 to $1050 and Colt "L" drums at $1200 to $1500.
Westy "C" drums at $1000 to $1500 depending if they had been worked over by Mearle.
Colt "C" drums were priced at $3000 to $7500 depending on condition.
The price argument over Colt "C" drums is academic.
The price is what the market wants to pay, and that is what the market is paying. That is the whole basis of a "Free Market" county like the USA.
Only is liberal pinky countries do you have "Price fixing and price control."
We got rid of that system 20 years ago and have never looked back.
The price is the price is the price!
Regards and Merry Christmas to you all.
Posted 10 December 2004 - 08:24 PM
You're right. I was poking fun - it was just to big a temptation to pass up. This situation has occurred before with mismatched guns and no doubt a few drums.
Posted 11 December 2004 - 10:54 AM