Commemorative Thompson/Mitchell's Mausers K98: Suggestions on auction reserves

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Snowdog

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Earlier in Legal, I posted about a family friend who sought assistance selling some firearms and ammunition.

It turns out that there weren't many firearms but there was a substantial amount of ammunition, both commercial and military (around 12k rounds) as well as a wealth of reloading components and perhaps a couple thousand reloads.
There were 5 firearms of which I purchased 3 (two 1895 Nagant revolvers and a Luger in 7.63) as well as all the ammunition, reloading components and firearm accessories (I plan to pull the reloads for their components).

This leaves two firearms that I have little knowledge as to the monetary value. We agreed that an online auction site was the best way to go. I'd like to set a reserve on these two firearms and just see if they sell. I just need to have a ballpark figure if possible. Perhaps some here have some ideas.

The first firearm is "The American Eagle Tribute Thompson" that his deceased friend purchased in 2013, number 10 of 300. Included is all the paperwork (Certificate of Authenticity, bill of sale, etc) and though he also has the original cardboard box for it, it has been tastefully placed in a display case along with 3 stick magazines and a drum magazine (all marked Thompson). I believe this rifle has been fired very little if at all. I'll attempt to attach photos below.

The other rifle is a K98 from Michelle's Mausers, also in a desplay case along with various things such as a knife and bayonet. It also appears to have been unfired.

I doubt he will be able to recoup the amount from either rifle that his friend invested into them. However, something close I'm sure would be nice.

Any help would be appreciated. If any additional info is needed, I'll try to obtain it.
Thanks in advance.

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I agree with one of your observations- its definitely hard with most commemorative firearms to recoup what the original buyer invested. Best to hope for a fair price, and hope (and have a bit of patience) that a buyer who has always wanted that exact piece comes along.

Having been in this situation a couple times before, helping friends out- I've found the best resource to be Gunbroker's "past auction" search feature to be the most helpful. It allows you to search for auctions in the past year or so, for the same or similar items and see what they eventually sold for.

That should give you a ballpark to set a fair reserve price. Good luck!
 
I've found the best resource to be Gunbroker's "past auction" search feature to be the most helpful.

Pretty clever. I hadn't thought of that. I'll give that a go now and see what comes up. Thanks mdrisc85!
 
As this got so little traction I will chime in here with a collectors two bits.

First Mitchells.....and I know it was a typo but Michelle's mausers was just too funny.

They do not have the best.......following, I guess I will say.....in the collector community. In what I would guess to 99.9% of the collector community will walk right past a MM and not give it a second look unless it is priced at 1/2 the price of a going "mauser" they had back in the day been known to pass things off.....well that is not fair.....to give the impression that something was one thing but really was something else......calling something a "mauser" with all kinds of german stuff around it then have the gun be actually an M48 or something to that effect, they used the same tactics for russian rifles as well. They are usually safe shooters, but they really have no appeal to "collectors".

Your Thompson....again same deal, many collectors will just pass....it is a very small market for this kind of thing, it is not historical, but you are trying to sell to people based on it being an historical item.

Good luck.
 
You all know.. There is not alot of love for MM, but I would buy one for 300-400 or so because they are so clean... I know they are not Collectible... What ever the heck that means... Because if the price is right people collect anything.. :)

You know per the Thompson display guns, that always bothers me.. I know people get them, spend a lot on them.. But can you ever really shoot them...????

And if you shoot them do you mess up that pretty finish????
 
Price that Mauser as a shooter, only thing it’ll be good for is slinging lead down range......unless it’s one of their rare SS rifles....then price it even cheaper as it’s a fake. I’d buy it for $250-$300.
 
As an avid buyer and seller, I would not put a reserve. It attracts a lot more attention with no reserve and the market will determine its value.

I’ve seen too many reserve auctions fall dead in the water from buyers losing interest
 
I agree with Jesseky on the reserve price. I simply do not bid on those as they are generally not worth my time. You might want to have a starting bid that is something you are comfortable with to avoid folks trying to lowball you. Use the Gunbroker prior sales to set a minimum from 10-20 percent under and see what you get. I have won with a bid of .01 on a penny auction before but the S/H from Alaska @$70 is probably what drove most folks away in that case.
 
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