Rekraps Posted March 11 Report Share Posted March 11 Nice looking gun, but mismatched SN parts. CCA says that was common late in the war but I find that to be a stretch. In fact late war guns (the one for sale is a 1944) were no more likely to be mismatched than any other year. The reason there were the 6 SN’s was because the guns were not built to super tight tolerances and in many cases hand fitted together prior to release to combat. Mismatched guns are most often bring backs that were disassembled and shipped, or guns “built” once parts were shipped to the US. Link to comment Share on other sites More sharing options...
imageaudio Posted March 12 Report Share Posted March 12 Been interested in purchasing a PPSH IS 42K a common price for these guns? Sounds high? Are they easy to convert to 9mm? Link to comment Share on other sites More sharing options...
Rekraps Posted March 12 Author Report Share Posted March 12 7 hours ago, imageaudio said: Been interested in purchasing a PPSH IS 42K a common price for these guns? Sounds high? Are they easy to convert to 9mm? Pricing is about right for a mismatched gun. Personally, I'd shy away from a mismatched gun. A fully matching gun (6 SN's; barrel, upper receiver, tang, bolt, stock, trigger assembly) in decent condition is ~$45K and if it has provenance (like Amnesty or historical background) maybe more. The Russian guns are all "war" guns and most sought after, next is the Chinese Type 50 (copy but distinctly different). Rarest of all is the K50M (NVA conversion) which is a SMG based on the PPSH41 (or Chinese type 50) receiver, trigger group, bolt, barrel and a unique lower. The Germans developed a conversion kit from 7.62x25 to 9MM, I've seen one on GB, but surplus Tokarev is still available and is what the gun was designed to shoot. Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 12 Report Share Posted March 12 An absolutely cherry all-matching Shpagin just sold on GB for $40,225. Take that as a benchmark Link to comment Share on other sites More sharing options...
Rekraps Posted March 12 Author Report Share Posted March 12 18 minutes ago, StrangeRanger said: An absolutely cherry all-matching Shpagin just sold on GB for $40,225. Take that as a benchmark And the one at auction went for $47.... so the average is $43.6K. Not rigs either..... Link to comment Share on other sites More sharing options...
Roland the Thompsongunner Posted March 12 Report Share Posted March 12 9mm conversion is super easy and does not damage the gun at all. Simply swap the barrel out for a new made 9mm and you are ready to go. The original drums work decent as is. Someone makes spacers you can place inside the drum to take up the space as 9mm is shorter. You can also find pretty easily the new made magazine adapter that lets you use the MP40 stick mags. I never take my 9mm barrel out as the 7.62 available is either old horrible surplus or new made ammo that is 3 times the price of 9mm. Let me know if you need more details Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 12 Report Share Posted March 12 (edited) 1 hour ago, Rekraps said: And the one at auction went for $47.... so the average is $43.6K. Not rigs either..... Auction house prices are NEVER a benchmark for the real world Edited March 12 by StrangeRanger Link to comment Share on other sites More sharing options...
Rekraps Posted March 12 Author Report Share Posted March 12 21 minutes ago, StrangeRanger said: Auction house prices are NEVER a benchmark for the real world Every sale is a benchmark. Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 12 Report Share Posted March 12 Seriously? Like $46K for a Swedish K tube gun???? Link to comment Share on other sites More sharing options...
Rekraps Posted March 13 Author Report Share Posted March 13 19 hours ago, StrangeRanger said: Seriously? Like $46K for a Swedish K tube gun???? Yep. As noted earlier, virtually all transferable “K”’s are “tube” guns. Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 13 Report Share Posted March 13 And a single outlier price at an auction house does not constitute a benchmark Big four auction house prices are consistently higher than GB prices which in turn are consistently higher than Sturm prices. Link to comment Share on other sites More sharing options...
Rekraps Posted March 14 Author Report Share Posted March 14 On 3/13/2026 at 8:58 AM, StrangeRanger said: And a single outlier price at an auction house does not constitute a benchmark Big four auction house prices are consistently higher than GB prices which in turn are consistently higher than Sturm prices. And Strum is the place to sell your gun quick, which is why the prices may be lower. Eager sellers, buysers who want a deal. IMO the auction houses reach a wider collecting audience, then GB then Sturm. Anyway you look at it, a chart of sales by price would include the auction sale because it was a sale. Should we note the Sturm sales as "under market"? Nope. They all count. Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 14 Report Share Posted March 14 Note Chester County's price price of $38.5K for their Wilson/Andrewski L model Swedish K. That's a reasonable benchmark and a long damned way from the $46K for the Poulin auction gun I repeat big 4 auction house prices are NEVER benchmarks for the real world Link to comment Share on other sites More sharing options...
Got Uzi Posted March 14 Report Share Posted March 14 Take the sale price at an auction house, subtract the buyers premium, then that is the open market price (what you’ll get in the end) Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 15 Report Share Posted March 15 I plugged the $46,740 realized price of that Swedish K at Poulin's into their bidding increment/buyer's premium structure and it appears that the buyer won it with a hammer price $38K and paid with a credit card for a premium of 23% or $8,740. On top of that Poulin would have nicked the seller for an undisclosed sales commission probably at least 15% or $5700 meaning the seller probably netted at best $32,300 The hammer price seems accidentally close to the real world market price. The buyer could have chosen a significantly less expensive premium method of 17.5% so it would seem that money was not his concern. The seller basically didn't have a clue as to the value or how to get a decent price for it, quite possibly an estate sale. The auction houses prey on low information sellers and "investment" buyers who either have more money than they know what to do with or who are trying to launder some. Neither the "realized" price nor the amount remitted to the seller reflect the open market price as shown by Chester County's asking price. FWIW Got Uzi had a refinished transferable all matching Karl Gustav model B listed for $47K last January so I don't see how you can begin to argue that $46,740 for a Wilson tube gun makes sense or can be used as a benchmark for anything except participant stupidity Getting back to the price of the Shpagin that started this thread. The one that I referenced on GB was a museum quality piece in every sense and went for a hair over $40K with more than 20 bidders involved. I have a hard time seeing any more value that that in any other Shpagin Link to comment Share on other sites More sharing options...
Rekraps Posted March 15 Author Report Share Posted March 15 I followed that gun from start to finish and would not classify it as anything other than a matching gun with age appropriate patina and wear. Any museum would take it because that is what museums do. As to its value, that is what it sold for on GB with no provenance other than the gun itself. I strongly suspect that had the gun Amnesty paperwork and / or other provenance then the gun might have sold for more. Again, I have a hard time with you not ".... seeing any more value than that in any other Shpagin".... prices go up all the time. I bet that gun could be flipped (although i do not do that) to the right buyer for more. My argument on the "K's" remains unchanged. Link to comment Share on other sites More sharing options...
Outsider Posted March 15 Report Share Posted March 15 If ppsh's are running 40k + then maybe it is time to part with mine. Link to comment Share on other sites More sharing options...
StrangeRanger Posted March 16 Report Share Posted March 16 Despite what Rekraps thinks, it's probably going to have to be a pretty exceptional piece to net $40K or more Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now