SMLE Mk. I*

tiriaq

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At the Switzer auction yesterday a Mk. I* short rifle was sold.
You can see photos at www.switzersauction.com.
The rifle was complete, all parts appeared to be original. Metal parts were in good condition.
While the stock markings were legible, all the wood had been sanded, quite badly in spots, and varnished. That's why it looks so shiney in the photos.
It sold for $2050, plus tax and delivery to an absentee bidder.
Opinions?
 
Interesting auction.

When I first got into rifles I could have bought one of these from an old boy for $100 with ammo. I had the choice between it and his No.4. I chose the No.4 cos I liked the peep sight better. Some years later I found out that after the old boy passed on, his daughter had the police pick it up and it was surrendered for destruction.

They are not easy to find. Somebody with a pocket full of 'mad money' really wanted one for their collection. So perhaps this isn't a good measure on market value, but a measure of how badly somebody wanted one. Being an absentee bid, there is also the likelyhood that the buyer never examined this rifle, other than looking at photographs.

I feel that it went perhaps a little high, but not many sold to compare price with. The sanded stock should take a great deal away from the value. Unsanded, I could see 2K, maybe, big maybe.

I see Long Lee Metfords and Enfields that sell for $2000, and I don't baulk at that.

Look at it this way. Price of gold today is about $1000 per ounce, approx. So today this rifle is worth about 2 ounces of gold. Ten years ago, it might have sold for about $1000, which would then be about 2 ounces of gold. Twenty years ago it my have sold for about $600, or, you guessed it, about 2 ounces of gold....

So prices are relative. I still am suprised sometimes when I see a price tag of $400 on a nice SMLE. I must be getting old. I can still remember them for sale, with bayonet for $89.00 and a box of ammo for $3.95.

So $2000 for this rifle might seem high, it is a lot of dollars, but maybe not a lot of money anymore.

At the end of the day, the buyer got one for his collection, he will no doubt be happy.

I wouldn't have paid that amount, but then agin, I'm cheap!
 
There were three absentee bidders, the other two had limits just under 2k.
There was also a 1939 dated S/42 Luger with two matching magazines. Nice gun. It went for $1850 plus tax and delivery to an absentee bidder. I don't know.
 
Switzer Inglis?

Wow. I had looked at the Mk I* but passed (no way would I have been in on the running for that one). Do you know what the Inglis Browning went for? (I did try to take a bit of a run at that one)

There were three absentee bidders, the other two had limits just under 2k.
There was also a 1939 dated S/42 Luger with two matching magazines. Nice gun. It went for $1850 plus tax and delivery to an absentee bidder. I don't know.
 
The Inglis went for $850.
The "Cnd. Naval Issue" tag was because the guy who had it was in the Navy in the '50s.
It was a nice looking Inglis.
 
EnglishmanCA my memory is older than yours;)
I can remember no1Mk3's for $9.95 and nice No4's for $11.95.
Cadet martini's for $9.95 or $12.95 if you wanted it re-chambered to 32 Win spl. (BAD IDEA)
03 Springfields for $40 Swede mouser carbines for the same price
AND No4Mk1 T's for $125:eek:
Either 1917 Smiths or a Colt New Service for $35
You could also get a .380 Enfield r4evolver for $25 with a belt and a "quick draw" holster"

I can remember riding home on the bus with any rifle simple wrapped in brown paper.
 
Seems that I have a delay or time lag with my appreciation of prices. Recently I sold off a few of my Webley pistols. I had picked them up over the years at gun shows or from dealers who had put them aside from me. These 'old army pistols' although functioned perfectly, they were not the best examples and showed wear on the finish. I figured that I could flog them off and continue my search for nicer ones. I got what I thought was big bucks, then I discovered how much it would cost to replace them. Serves me right for not researching more thoroughly.

But then again, most people don't realise as to how much money that they have sunk into the hobby. As an exercise, just make a list of your collection with conservative pricing. You will probably be suprised at the net value. Most people (including me) don't have insurance even though their collection is probably worth as much as their car.

And I got into collecting mil surp rifles cos it used to be a cheap hobby. :)

And yes John, those were the days. It was common in my little village to see hunters walking in the streets with rifles slung. Last fall in North Bay, Ontario police were called about a man in the streets with a gun. Seems that he wanted to buy smokes and went into a 7-11 type store with his rifle slung. When the SWAT team arrived, he explained that he didn't want to leave it in his truck in case of theft, so he kept it with him. No arrest or charges, it was unloaded and trigger locked. He broke no laws yet the police gave him a hard time and were threatening him with a charge of 'public mischief'.

Seems only like a few years ago I used to ride the back roads on my motor bike with an uncased shotgun slung on my back looking for grouse. Got pulled over and stopped by the cops once, they just wanted to ensure that the gun was unloaded. They even told me where they had seen some birds. My, how things have changed!

An older neighbour of mine tells me of when he was a kid, he and his friends used to take their .22 rifles to school and put them in their lockers. On their way home, a local farmer would pay 5c for every groundhog tail that they brought him.

So ya, prices realised for these old rifles is sometimes a suprise. But it is all to do with supply and demand. The hobby is getting to be popular and the supply is limited, prices will no doubt go up even more. That is my excuse for buying at least one of everything.
 
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SMLE Mk I* is a very rare rifle in Canada especially in all original condition and not refurbished or FTR.Only seen 2-3 in 25 years collecting enfields.Only problem with this one is it has been refinished.

Most of these were used up during WWI,those that survived were converted to grenade launchers,Drill purpose rifles,FTR'ed into NoI mkIII condition.
Alot were refurbished and re-numbered in the 1920's and sent to Ireland.These usually have a GR or CR serial number.

A bounus with this rifle is the matching bolt,original serial number and that it is a LSA built rifle.A lot less built than Enfield or BSA.

The rifle was at one time issued to the Queensland police in Australia.This is probably why it still is in original condition.With QP stamping and number,the history of this rifle can be traced.

If anybody has one for sale,I will gladly pay $2000.00
but chances are slim to none!
 
Just as a matter of interest, how common are the conversions from this rifle? There is both an Army conversion to Mark I*** and a Navy conversion to Mark I***.... and they are done differently!

I don't know how common they might be, but they sure shoot nice.
 
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