Local Milsurp Estate Auction

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Moondoggie

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Got a sale bill today for an Oct 8th estate sale nearby.

75 rifles, 95% milsurps.....31 M-1 Carbines from mfr's I didn't know MADE guns. Every firearm has the SN listed on the sale bill. The mfr's are; Underwood, Inland, IBM, Quality Hardware, Rock-O-La, Standard Prod, Postal Meter, Winchester, Saginaw, Irvin Peterson.

Some of the rifles are models I've never heard of..."GEW 88", Kropatchek 1886, Italian Vetterli, 8 mm Bruno V2-24.

There's also several Krag's, 7mm Mausers (some Argentine), Jap 99's, Swedish Mod 94 carbines, Mod 38 & 91 Russians 7.62 X 54, Swiss 1911, Enfield 1917, a Winchester 1917 Enfield. Two Winchester 30-30's, one a Buffalo Bill model with box, the other is new.There's also a W. H. Hamilton-D. B. Hammer, 16ga and an American Gun Company .410 D. B. Hammer.

Handguns:

A 9mm German Lugar DWM 1916, a Browning 1922, 7-65 .32 auto, Erma 380 Baby Lugar.

This auction is going to draw a lot of folks from all over the midwest!

If anybody is interested in further details or SN's on specific items I'll be glad to provide info.

I know me and my checkbook will be there!
 
Just be prepared

Whenever I go to estate auctions (and I go to quite a few) the guns almost always go for FAR more than they are worth. I have no idea why this so, but it happens every time...Last one they had some old savage .22, all beat up and rusty, and MISSING the bolt--went for $75....Also older Marlin Model 60, also in rough shape (but not so rusty), and bolt wouldn't close--$90

Once in a while you see one go for an OK price, but I've yet to see a real bargain at one of these things. Seems like people just get caught up in the moment and pay way too much. Even though other types of items go really cheap.
 
Whenever I go to estate auctions (and I go to quite a few) the guns almost always go for FAR more than they are worth. I have no idea why this so
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Like granddad use to say, it's the thrill of the deal and the will of the shill
 
Humboldt, NE, Ag Bldg @ the fairgrounds. Gun sale starts at 2:00 PM. Humboldt is in the SE corner of Nebraska, about a 2 hr drive from either KC or Omaha.

I know very well what happens to gun prices at auctions, but I'm hoping that there's enough guns at this sale to wear down the nimrods. Also, the sale of other property begins at 10:00 AM, so I also hoping that the local idiots will have exhausted their lust/funds somewhat before the guns sales start. This is not a great economic area, the avg Joe works for pretty sorry wages and happy to get it.

What surprises me is that with all of the varied milsurps, there's not a single Garand in the lot!

Hey, Jefnvk, there's 2 Saginaws listed.

Of the M-1 mfg's, which ones are the preferred makers? Can anybody give me an idea of what they're worth? I have room in the safe for one, if it's a reasonable deal.

When I picked-up the sale bill at my local gunshop there was a guy in there who knew the owner of these guns.....he says they are all in excellent condition. There's a photo on the sale bill that shows them all standing in racks.....not stuffed in a rainbarrel out in the barn.
 
The Rock-Ola ones aren;t worth much at all.

you should just buy it and send it to me immediately.


In all seriousness, if you can get an IBM or Rock-ola for under $500 or so, you really should jump in head first. Also, if he has any Swede Mausers or Japanese rifles for reasonable prices, those also might be worth getting ahold of.
 
There are 4 Rock-O-La's and 3 IBM's listed.

They all have 7 digit SN's, the ROL's are in the 453XXXX - 457XXXX range and the IBM's are 373XXXX - 387XXXX.

Just can't buy one of the Jap rifles. My Dad got shot in the hienie by a sniper on Iwo Jima as he lay behind his .30 cal Browning MG. He was told by the docs initially that it would be touch & go if he was ever going to be able to have kids. :uhoh: :what:

Fortunately for me, he retained uhm, well, you know...... ;)

Dad was never a fan of the M-1 Carbine, or the M-1 either. According to him, one was worthless and the other beat you to death. He said that shooting an M-1 in combat was an entirely diferent animal from shooting one on the range. In combat, you rarely had time to use a sling, get into a good position, pull it in nice and tight and apply a good trigger squeeze and that's when it beats you up. His favorite was a Tommy Gun.
 
If any of those IBMs are marked AO hold onto your hat 'cause the bidding will get furious between knowledgable collectors.

Got a "full IBM" IBM M1 Carbine to go with my Mac. :evil:
 
Whenever I go to estate auctions (and I go to quite a few) the guns almost always go for FAR more than they are worth. I have no idea why this so, but it happens every time...Last one they had some old savage .22, all beat up and rusty, and MISSING the bolt--went for $75....Also older Marlin Model 60, also in rough shape (but not so rusty), and bolt wouldn't close--$90
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Amen! I went to an estate auction last night. 200 firearms. Some were worth lots of $ but people just get caught up in the fever of the auction and don't realize what they are bidding
 
The last gun auction I went to went the same way. Guns going for somewhat more, to a lot more, than they were worth.

They never did get through the tables. So at the end, it was bring up the ones you want to see bid on.

Luckily for me, someone else dragged up the early stainless Delta Elite. I was able to get it for 500 dollars. Not a steal, but not a bad price.

It has been living with Ted Yost for a while now, it will be quite a bit more than 500 dollars to get it out of there.

And whole I am at it....Why don't these people ever clean the guns before the auction??

bob
 
Auctions are iffy at best. I go to at least one every Saturday and have seen some good deals and some rotten deals. It just depends on who is there and if they want to bid.

The one that got away was a peach of a Model 12 in 16 ga. The gun was in great shape, but I did not know when the team was going to sell the guns so I walked away gawking. When I heard them sell the gun I could not get to that area fast enough and watched that gun go for $125.00!

The one I could not believe was an old BEATUP 870 in 12 ga. Two guys who knew little about the value of it both wanted it bad enough to get it up to over $600.00. I simply shook my head as I was not too sure if it would even function.
 
Buy the irwin Pederson it is flatly the rarest of them and the most sought after. If I was going I would buy try to get it and if i could not I would then buy one of the others. Make sure the reciever is marked as such.

The winchesters are not rare but bring good money also because of the name.Here is a list of what they made from about 20 years ago when I collected them.

Comm. Con. Corp.= 239 good luck finding one
Irwin Pederson=146,723 most highly sought after
Rock-Ola= 228,500
Standard pro.= 346,225
I.B.M.= 346,500
Quailty hardware= 359,662
Saginaw= 370,490
National postal meter= 412,778
Underwood= 546,616
Winchester= 836,680
Inland= 2,626,807

The first on my list if I was there would be as followed.
A correct Irwin Pederson
A original inland paratrooper, make sure the stock is not a repro.
Winchester
Any of the others by condition and correctness.
Good luck and let us know how it tuns out.
Jon
 
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