Singer didn't make reserve...

Rembrandt · May 12, 2008

Anyone catch this Singer that was listed on Gunbroker.....six bids, started at 35,000 then went to nearly $52,000 and didn't meet the reserve....

http://www.gunbroker.com/Auction/ViewItem.asp?Item=98841789

SouthpawShootr · May 12, 2008

Must have been some kind of joke. Notice that all the bidders had no ratings.

PTK · May 12, 2008

Are Singer 1911s really worth that much? I passed on one at $5k last year.

Tim Burke · May 12, 2008

$5K for an authentic Singer is a steal. $52K strikes me as high, but I haven't followed that market closely. I'd expect $35-40K.

epic4444 · May 12, 2008

why would that 1911 be worth so much?? whats the special story that goes with it?

Thernlund · May 12, 2008

Are Singer 1911s really worth that much? I passed on one at $5k last year.

why would that 1911 be worth so much?? whats the special story that goes with it?

There were only 500 made (see link above).

-T.

socaldan · May 13, 2008

It almost looks refinished ...doesn't it?

ElrodCod · May 13, 2008

Singer only made 500 of them. Caveat Emptor....it's been said that of the original 500 only 2000 are left.

JohnBT · May 13, 2008

A post on the 1911 usgi forum said it sold at auction 3 years ago for $40,000. Also said the seller's condition rating is inflated.

John

AtticusThraxx · May 13, 2008

I don't know. Cool history and all. But imagine what you could buy with $35k? That would keep me in ammo for 8-10 mos!

Rinspeed · May 13, 2008

What do you suppose the shipping charges would be on a $60k pistol.

XDKingslayer · May 13, 2008

What do you suppose the shipping charges would be on a $60k pistol.

Depends. If this was an Ebay action the pistol would have a buy it now price of $29.95 and the shipping would be $59,970.05.

JohnBT · May 13, 2008

Of course they'd be high, it's a long way from Nigeria to the U.S.

JT