Price on an Ithica M37 Trench Gun? Need some help.

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I have an opportunity to pick up an Ithica M37 trench gun. It's a real one, with appropriate stamps and markings, heat shield, etc. No bayonet though.

It has been reblued by a professional gunsmith and had the screws in the heat shield replaced. It's in fantastic condition (after being reblued) but I am not sure what it is worth.

Could anyone give me a ballpark from where to work from, considering the reblueing and parts replacement?

-Thanks
 
Could anyone give me a ballpark from where to work from, considering the reblueing and parts replacement? -Thanks

That's precisely the part that kills the serious collector value - the reblueing and parts replacement. It is no longer an all original, un-messed with historical example, which significantly affects resale value in an (unfortunately) negative way. I too, would vlaue it at under $1000, say $750 because it has the markings, heat-shield and bayonet lug.
 
If it's been reblued, look for a better example if you want a collectable piece. It will always be a reblued gun. It was worth more in it's original state.

If you want a shooter, make a real lowball offer as the collector value is diminished.
 
I wouldn't sell it for less then a grand and I'd be asking for more or simply keep it and enjoy.... specially after paying someone to restore it.

I get the collector issue but saying it's worth $750 is pretty funny...... imagine suggesting a fully restored and custom painted classic mustang or corvette is worth less then one with an original patina from the 60's and scratches and dents from the good ol days.... :)
 
I'd rather have a refinished original then one of the new ones with the US MSRP of around $1300 US

M37-Trench.jpg
 
Can
Good on ya for keeping one like that.
However the OP did not do (or pay for) the work.
The reality is that the rework is a negotiating point, like it or not.

And you bet, you restore and "custom" paint a Mustang and you will loose money over a pure (even restored) stocker.
And probably loose money overall - car restoration can be like that, seen that frequently.
 
Can
Good on ya for keeping one like that.
However the OP did not do (or pay for) the work.
The reality is that the rework is a negotiating point, like it or not.

And you bet, you restore and "custom" paint a Mustang and you will loose money over a pure (even restored) stocker.

I don't have one, the picture I posted is current production ( over $1500 Cdn), but as a non collector I'd be interested in a fully restored original. I agree that it doesn't have great collector value..... just nice gun value! :)

My point with the car comparison was more that a fully restored mustang is worth more then one with original dents and rust holes.... but maybe I'm wrong as I'm not a car collector either..... :)
 
That's precisely the part that kills the serious collector value - the reblueing and parts replacement. It is no longer an all original, un-messed with historical example, which significantly affects resale value in an (unfortunately) negative way. I too, would vlaue it at under $1000, say $750 because it has the markings, heat-shield and bayonet lug.

^^^^^^what he said^^^^^^^^

I wish I kept my Win1897 about 10 years ago I sold it for just under a Grand, dents and all.
 
Cars are not guns. Any Rebluing of a gun reduces the value significantly.

Thanks for clearing that up.... :)

I agree that any re bluing of an antique collector is not money well spent, but re bluing a user does not lower the value significantly.

I can think of a few guns I own that if they were re-blued their value would improve.
 
The small lot of US trench guns that got imported from Vietnam about 20+ years ago or so, weren't they arsenal reparkerized over the years? WW1 and WW2 Winchester Model 12, Winchester 1897, etc...
 
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