The short story on the pair of matching/mismatched Colt C drums is that the owner, Mike Young, owned a mismatched # drum and found the mate to it. How likely does that happen? As for the high price, I guess he really doesnt want to sell unless you make an offer he cant refuse.
Is A C Drum Worth $1500.00
Started by
NotDeaf
, Dec 03 2004 02:17 PM
26 replies to this topic
#21
robbo
-
- Regular Group
-
- 105 posts
Long Time Member
- Gender:Male
- Location:southern utah
- Interests:28 Thompsons, beltfed mg's, anything that goes fast.
Posted 07 December 2004 - 12:22 AM
#22
giantpanda4
-
- Board Benefactor
-
- 2423 posts
Respected Member
- Gender:Male
- Location:Howell, MI 48855
- Interests:Mechanical toys - cars, instruments, and of course - guns. The 1921-28 thompsons are the epitomy of perfection for a mechanical device that fills all my interests!
Posted 08 December 2004 - 03:19 PM
Well, Evilbay canned the auction (s). As usual they waited until the last day.
I believe the C was up to $1200, anyone catch what the L drum was at?
I believe the C was up to $1200, anyone catch what the L drum was at?
#23
John in IN
-
- Board Benefactor
-
- 176 posts
RKI Member
- Gender:Male
- Location:Anderson, IN Home of the Grease Gun!
Posted 08 December 2004 - 05:05 PM
The latest bid I had showing on the L drum was $810.
#24
1921A
-
- Board Benefactor
-
- 672 posts
Respected Member
- Gender:Male
- Location:Orlando, FL
Posted 10 December 2004 - 10:28 AM
Rare "Matching Mismatched" C drums?
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!
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!
#25
Murray
-
- Regular Group
-
- 404 posts
New Zealand Respected Member
- Location:New Zealand
- Interests:1921 and 1928 Thompsons, Luger pistols.
Posted 10 December 2004 - 02:29 PM
With due respect guys,
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.
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.
#26
1921A
-
- Board Benefactor
-
- 672 posts
Respected Member
- Gender:Male
- Location:Orlando, FL
Posted 10 December 2004 - 08:24 PM
Murray
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.
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.
#27
Merry Ploughboy
-
- Regular Group
-
- 1146 posts
Long Time RKI Member
- Gender:Male
Posted 11 December 2004 - 10:54 AM
I used to work with a guy (long since deceased) who joked about German soldiers at the end of WWII sitting around the fire at night swapping Luger parts between guns to (his words) "Fuck over the American collectors 30 years from now."
MP
MP
