Value? new #4

S

steve49

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saw an interesting rifle the other day...a codger up the road bought 2 new rifles a few (many) years ago...he opened one up and hung it on the side of his tractor for predator control...and it looks like it.....

he never did unwrap the other one but would like to sell it......what's a new in the wrap 1954 Lee Enfield worth?.....marked new and put up by the British in 1955...paper torn once over the bolt handle just to see if there was anything in the block of cosmoline....bayonet and scabbard still in the wrap.....
S
 
They were being sold by Police Ordnance here in Ontario over the last few years, but I think they ran out about a year ago. I believe their price was $600, still in wrap with matching bayonet.

I've also seen a few of those (wrapped and unwarpped) at local gun shows with an asking price. for $500-$550.

If I were a buyer and in my opinion, current market pricing is about $500. A good price would be $400-$500, an awesome price would be $300.

Regards.
Badger

Edit: sorry, meant buyer not seller. :D
 
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BadgerDog said:
They were being sold by Police Ordnance here in Ontario over the last few years, but I think they ran out about a year ago. I believe their price was $600, still in wrap with matching bayonet.

I've also seen a few of those (wrapped and unwarpped) at local gun shows with an asking price. for $500-$550.

If I were a buyer and in my opinion, current market pricing is about $500. A good price would be $400-$500, an awesome price would be $300.

Regards.
Badger

Edit: sorry, meant buyer not seller. :D
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Badger- I've seen these priced at $800-900 on the EE. Not likely anyone's going to get one for those prices no matter how much we might wish it were so.

What I have heard is as soon as you fire one of those NIW No 4 Mk 2's, they drop to a value of $300. Unfired, different story.
 
Problem with any new in the wrap rifle is that if you clean it up and use it, it becomes just another rifle in fine, used condition. I don't know how much of a premium should be paid for a peacetime production new in the wrap rifle. If someone is prepared to pay a premium, so be it. I suppose that there is always the possibility that there are those who will pay big bucks for one of these rifles. Can't see it myself.
A friend has a new in the wrap Savage Lend Lease rifle. It is part of WW2 history.
 
Beater said:
i bought several from police ordenance when they had them. last one i sold went for 1000.00$ , and there was guys asking for more.
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Exactly. That's reality vs wishful thinking. It doesn't mean I'd pay that, just my observation of the market value of them.
I value Long Branches much higher.
 
cantom said:
Badger- I've seen these priced at $800-900 on the EE.
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True, but you're assuming the EE is a realistic venue from which to judge valuations ... ;)

Unlike the "old" days, in my opinion the EE has become a tough place to find good values in milsurp collectibles. It's still a great place to judge law of supply and demand for a particular piece you might be looking to buy or sell, but the pricing itself has become highly artificial and unique, relevant only to itself.

For real values, the best sources continue to be are word of mouth through the better milsurp dealers and relationships with other collectors direct, some of the farmer's auctions, or the gun shows (but before the doors open to the public) ... :D

For example ....

For ~Angel~'s Enfield collection, I just bought her a beautifully blued 1949 Long Branch "all correct" and "all matching" DCRA marked (before the gun club PH sight installs), from a gunsmith for $450. I found it through another collector (thanks "C") who tipped me off before it really got any public exposure. I also got an unissued and unfired 1943 Savage Enfield for $450 on a tip from another collector (thanks "T").

Just for clarification, I assume we're all talking the same rifle here. It's the one you see at gun shows in unopened brown paper wrapping (sometimes with a tag) and has the No.4 spike bayonet with it. If you remove them from the wrap they clean up from the cosmoline well, but the wood is very blonde in color. Are these the ones?

If so, we're talking standard run-of-the-mill peacetime 1950's British Enfields (not Long Branch Canadian pieces), that only retain any value if left in the "wrap". So, the point if the exercise in owning one is?


Beater said:
....... and there was guys asking for more.
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$1000 ... :p

Send me their names and I'll introduce them to a few folks who will gladly help them out. :D

Regards,
Badger
 
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Gotta side with Badger. If you have the right network, the pricing one often encounters on the EE is laughable - especially with respect to Enfields and Garands.

Most other milsurp rifles on the EE are actually priced reasonably much of the time, but when I see Enfields or Garands for sale there, I rarely even open the threads ;)

Vet return K98k's are also astronomically priced in the EE, but then, they are astronomically priced EVERYWHERE, so I don;t really count that - LOL.
 
Yes, it's those Irish contract No 4 Mk 2's with the matching No 9 blade bayonet and blonde wood. Not something that turns me on particularly but there are those that are hot for a brand new, unfired rifle.

Nice grab on the 49 DCRA rifle! Pics? :)


<Just for clarification, I assume we're all talking the same rifle here. It's the one you see at gun shows in unopened brown paper wrapping (sometimes with a tag) and has the No.4 spike bayonet with it. If you remove them from the wrap they clean up from the cosmoline well, but the wood is very blonde in color. Are these the ones?

If so, we're talking standard run-of-the-mill peacetime 1950's British Enfields (not Long Branch Canadian pieces), that only retain any value if left in the "wrap". So, the point if the exercise in owning one is?>
 
cantom said:
Nice grab on the 49 DCRA rifle! Pics? :)
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Thanks ... :)

I'd like to think it was a smart buy on my part, but it was more about having built a good network of great people who support my habit ... :D

Pics will be in the form of a photo montage in the MKL, as soon as I get the time to take them and Claven2 does a write-up for all of us. :)

Regards,
Badger
 
A network of friends can be invaluable. Of course, for some items, friendship only goes so far...... But by and large a lot of folks help each other out. This applies to not buying things, as well. There have been pictures proudly posted, and the reaction is, "Oh my, he really should have asked for opinions first". There is a lot of knowledge available, and if a serious purchase is being considered, and you're not sure, it can be a really good idea to ask.
 
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