Need help pricing this Colt 1917 US Property

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  • gfguns
    Senior Member
    • Sep 2009
    • 264

    #1

    Need help pricing this Colt 1917 US Property

    I thought I had this priced to sell but evidently not. I would appreciate your opinion on market value.

    http://www.gunbroker.com/Auction/Vie...Item=434411443
  • Major Tom
    Very Senior Member - OFC
    • Aug 2009
    • 6181

    #2
    I'm no expert; I just go by what guns are selling for in my area (SE IA). Those pistols are not in demand around here usually priced at $500 give or take. A friend bought one recently paid $350 in condition 50%. Your pistol is very nice tho. Good luck.

    Comment

    • Tuna
      Senior Member
      • Aug 2009
      • 2686

      #3
      A very nice pistol but if those are some rust spots in the pictures then at 90% it would retail for $850 and drops off from there fast.

      Comment

      • da gimp
        Very Senior Member - OFC Deceased
        • Aug 2009
        • 10137

        #4
        I'd retake the pix, especially of the left side....... the light that is reflecting from it, looks as if the metal is almost in the white is probably bothering some folks..... when it's just the lighting. Other than that your photos are precise & in focus...... better photos would be a help........ good luck., I've only seen one better & it was posted here on Jousters.
        be safe, enjoy life, journey well
        da gimp
        OFC, Mo. Chapter

        Comment

        • gfguns
          Senior Member
          • Sep 2009
          • 264

          #5
          There is some freckling which I guess is rust but nothing you can feel that is raised or pitting. I was trying to highlight the imperfections with the pictures and it does look like pitting in a couple shots. Thanks for the advice.

          Originally posted by Tuna
          A very nice pistol but if those are some rust spots in the pictures then at 90% it would retail for $850 and drops off from there fast.

          Comment

          • gfguns
            Senior Member
            • Sep 2009
            • 264

            #6
            Yes I agree, too much glare. I will try to improve on them but I do struggle with the blue guns. Thanks for your help.

            Originally posted by da gimp
            I'd retake the pix, especially of the left side....... the light that is reflecting from it, looks as if the metal is almost in the white is probably bothering some folks..... when it's just the lighting. Other than that your photos are precise & in focus...... better photos would be a help........ good luck., I've only seen one better & it was posted here on Jousters.

            Comment

            • Johnny P
              Senior Member
              • Aug 2009
              • 6258

              #7
              Better pick up all of those you can find in that condition for $850.

              Comment

              • JBinIll
                Senior Member
                • Apr 2010
                • 5608

                #8
                Firearms with high start prices get few bidders unless there is something that sets it apart.It's hard to get someone to bid in an auction where the start price is essentially what the value of the gun is or higher.
                A man with a sword may talk of peace.A man with out a sword may talk of peace,but he must talk very fast indeed.

                Comment

                • gfguns
                  Senior Member
                  • Sep 2009
                  • 264

                  #9
                  Thanks JBin. I see what you mean. I guess the best way is to start low with no reserve and let it run for two weeks. Scary though it is

                  Comment

                  • JBinIll
                    Senior Member
                    • Apr 2010
                    • 5608

                    #10
                    Originally posted by gfguns
                    Thanks JBin. I see what you mean. I guess the best way is to start low with no reserve and let it run for two weeks. Scary though it is
                    I've been watching how things sell on GB for quite awhile,I have some stuff I want to get rid of myself.I don't want to take a bath either LOL.From what I've seen too high a start or reserve or a buy it now too close to the reserve makes potential bidders look elsewhere.I've noticed low or no minimum guns many times bring more than similar fixed price ones.People get caught up in a bidding war.You can also have an item up for too long,people forget about it or it gets buried on their a watch list by other items and forgotten about.I ran a lot of vintage sporting items on e-bay last year,I did as well on 3 and 5 day auctions as the 7 day ones.It stays fresh in their minds up to about 5 days or high enough on their watch list they'll remember to bid before they find 12 other like items and bury yours under them on a watch list.Items like your 1917 I'll watch for awhile and see what they are actually going for at auction.Fixed prices at dealer rates do not move well unless it is something of really limited availability.
                    A man with a sword may talk of peace.A man with out a sword may talk of peace,but he must talk very fast indeed.

                    Comment

                    • gfguns
                      Senior Member
                      • Sep 2009
                      • 264

                      #11
                      Originally posted by JBinIll
                      I've been watching how things sell on GB for quite awhile,I have some stuff I want to get rid of myself.I don't want to take a bath either LOL.From what I've seen too high a start or reserve or a buy it now too close to the reserve makes potential bidders look elsewhere.I've noticed low or no minimum guns many times bring more than similar fixed price ones.People get caught up in a bidding war.You can also have an item up for too long,people forget about it or it gets buried on their a watch list by other items and forgotten about.I ran a lot of vintage sporting items on e-bay last year,I did as well on 3 and 5 day auctions as the 7 day ones.It stays fresh in their minds up to about 5 days or high enough on their watch list they'll remember to bid before they find 12 other like items and bury yours under them on a watch list.Items like your 1917 I'll watch for awhile and see what they are actually going for at auction.Fixed prices at dealer rates do not move well unless it is something of really limited availability.
                      Thanks again JBin, I am going to change it up next time. I think I paid $1,500.00 for the revolver more than 5 years ago and I am not sure if the demand and value have retreated or if I just paid too much.

                      Comment

                      • gfguns
                        Senior Member
                        • Sep 2009
                        • 264

                        #12
                        I consigned it with jackthedog and it should be up for sale on his site in the next few weeks
                        Thanks
                        Greg

                        Comment

                        • gfguns
                          Senior Member
                          • Sep 2009
                          • 264

                          #13
                          The S&W has been listed so we will know in about 11 days what it is worth

                          http://www.gunauction.com/buy/130331...d-all-original

                          Comment

                          • JBinIll
                            Senior Member
                            • Apr 2010
                            • 5608

                            #14
                            Originally posted by gfguns
                            The S&W has been listed so we will know in about 11 days what it is worth

                            http://www.gunauction.com/buy/130331...d-all-original

                            Good Luck!
                            A man with a sword may talk of peace.A man with out a sword may talk of peace,but he must talk very fast indeed.

                            Comment

                            • ebeeby
                              Senior Member
                              • May 2012
                              • 687

                              #15
                              A fine looking S&W.

                              It looks to me that the worst spot on the Colt is the top and that that is the worst picture.

                              I think in the right circumstances the Colt pistol could reach $1500 but is likely to sell closer to $1100-$1200. As S&W gave the model 1917 a high polish finish, I think they command a slight premium over the Colts though the Colt people would deny it. Just my 2 cents - That Colt is a very nice example.
                              "Socialism is the Philosophy of failure, the creed of ignorance, and the gospel of envy. Its inherent virtue is the equal sharing of misery." ~Winston Churchill

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