What is my lee-enfield no.2 iv* worth

r.d.r.

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Help I'm new to this forum, and I have a Lee-Enfield No.2 Mks. IV* for sale. I have no idea what to sell it for. A gun dealer has offered me $ 350.00 for it after looking at pics. The same dealer has two .22 Rim-Fire conversions for sale on his web site and is asking $ 1,200.00.

Please help me with your opinion.

Thank you;

Please find pics http://s687.photobucket.com/albums/vv236/rdreynolds/
 
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Really going to need a little more info and pictures would be very helpful. There are some real experts here ( I'm not one of them ) but I know that in order to help you they need as much information as possible. Bore condition, wood, is it a .22 conversion, etc.

KTK
 
Help I'm new to this forum, and I have a Lee-Enfield No.2 Mks. IV* for sale. I have no idea what to sell it for. A gun dealer has offered me $ 350.00 for it after looking at pics. The same dealer has two .22 Rim-Fire conversions for sale on his web site and is asking $ 1,200.00.

Please help me with your opinion.

Thank you;

I'm going out on a limb here and saying you are being taken. Sell it in the EE for about $550, which is closer to it's actual value. (depending on condition) Post the pics here and the guys will be able to tell you more. Also what dealer is it? I'd like to know the model of Enfield .22 they are selling, some are more valuable than others.
 
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$350 ia a bit low, $1200 is riduculous unless there is something VERY unusual. $450-$500 or so is about right IMHO as long as in reasonable original condition.
 
the name of the dealer is collector's source . Seems helpful.

They will likely never sell their .22 conversions at that price. However, some pieces do disappear off their site after they've had it listed for a year or so. Some other rifles have been on there for 5 years.

IMHO, $500 is about the going rate. Perhaps more if it has a PH site.
 
Help I'm new to this forum, and I have a Lee-Enfield No.2 Mks. IV* for sale. I have no idea what to sell it for. A gun dealer has offered me $ 350.00 for it after looking at pics. The same dealer has two .22 Rim-Fire conversions for sale on his web site and is asking $ 1,200.00.

Please help me with your opinion.

Thank you;

Please find pics http://s687.photobucket.com/albums/vv236/rdreynolds/

That's a Canadian conversion with the Ross Cooey rear sight. Note the C Broad Arrow on the receiver. I wouldn't sell it for less than $600.
 
That's a Canadian conversion with the Ross Cooey rear sight. Note the C Broad Arrow on the receiver. I wouldn't sell it for less than $600.

+1 All Canadian SMLE's in Good condition, regardless of caliber (.303 or .22), are worth a min of $500 and up.
 
Not as a Bubba...but it'd be worth your while to un Bubba it...on a number of different levels.

I would, but to me it has more heritage as my grandfather's hunting rifle than it does as a military rifle. (Although it seems to have gotten around, with marks from both wars, British and Canadian)
 
Does that mean my bubba No.1 MK3* with C broad arrow markings all over it is worth $500?:D

should have mentioned that a full military rifle. Cantom is right to say un bubbafy it. worth hte effort to get the right stock etc. they are getting few and far between.
 
Be careful that you're comparing like with like - the two rifles currently advertised from that dealer in that price range are .22 short Mk II, converted from Lee-Metford for naval service only: quite rare, both examples looking in exceptional condition and one with a Parker-Hale sight. The price asked is not unreasonable. A number of other early .22 conversions are rare and command a similar price, for example the exceptionally rare .22 Pattern 1914 No 1: only a few hundred of these were made. The No 2 Mk IV* is about the most common of all the Lee-Enfield conversions, with many thousands made, and the value is accordingly much less.

Having said that a good No 2 Mk IV* is a really desirable rifle with many more collectors and shooters now interested in these .22 conversions (it means you can shoot a Lee-Enfield, often one with lots of pre-conversion history, without aggravating the neighbours), so they are appreciating in value and you should be able to sell it for a good deal more than the dealer offered (remember a dealer offer is by implication a good chunk less than the market value - they have to make a living!).
 
Be careful that you're comparing like with like - the two rifles currently advertised from that dealer in that price range are .22 short Mk II, converted from Lee-Metford for naval service only: quite rare, both examples looking in exceptional condition and one with a Parker-Hale sight. The price asked is not unreasonable. A number of other early .22 conversions are rare and command a similar price, for example the exceptionally rare .22 Pattern 1914 No 1: only a few hundred of these were made. The No 2 Mk IV* is about the most common of all the Lee-Enfield conversions, with many thousands made, and the value is accordingly much less.


OK....So what's your value?
 
Pblatzz, I'd agree with your and Cantom's estimate above, on the basis of the Canadian association. That pushes the value up considerably. If the rifle is as good as it looks in the pics with a fine bore etc I'd say it's worth your estimate as a bare minimum, possibly several hundred more than that. There ought to be a fair premium on the value of one of these with the C broad arrow and any other Canadian markings; there are many of us now collecting Canadian rifles and they are becoming scarcer on the market as a result.

I've just done a quick trawl of the main US dealers who sometimes have these and Joe Salter currently has a 2 Mk IV for $US 745, and collectiblefirearms.com has a 2 Mk IV* for $US 795. Joe Salter knows his stuff and certainly knows how to sell, and that figure must be realistic for one in good condition - and neither of those rifles has the Canadian connection.

Just some thoughts - there are certainly better experts than me here and I'm not a dealer.
 
Pblatzz, I'd agree with your and Cantom's estimate above, on the basis of the Canadian association. That pushes the value up considerably. If the rifle is as good as it looks in the pics with a fine bore etc I'd say it's worth your estimate as a bare minimum, possibly several hundred more than that. There ought to be a fair premium on the value of one of these with the C broad arrow and any other Canadian markings; there are many of us now collecting Canadian rifles and they are becoming scarcer on the market as a result.

I've just done a quick trawl of the main US dealers who sometimes have these and Joe Salter currently has a 2 Mk IV for $US 745, and collectiblefirearms.com has a 2 Mk IV* for $US 795. Joe Salter knows his stuff and certainly knows how to sell, and that figure must be realistic for one in good condition - and neither of those rifles has the Canadian connection.

Just some thoughts - there are certainly better experts than me here and I'm not a dealer.

I just got this. It has the Ross Cooey sight, mag cutoff, and volley sights, adjustable rear SMLE sight plus it's in really nice shape. I feel like I hit the jackpot...it's the most interesting SMLE I've ever seen! :)

NewRifles.jpg

No2MkIV002.jpg

No2MkIV001.jpg

No2MkIV003.jpg
 
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