Price High-Water Mark ???

Pete Ebbink · 06-21-2006, 12:17 AM

http://www.simpsonltd.com/product_in...oducts_id=4254

I cannot remember; is the 1938 HK this rare ?

Or is there some pricing typo ???

tracyp · 06-21-2006, 12:42 AM

I'm sure the pricing is not a typo. I wouldn't rate it 98% and yes it's seems extremely high. Gibson says 50 were made.

John D. · 06-21-2006, 09:00 AM

Tracy is right on.. Mr Gibson estimated 50 were produced with the 1938 chamber date to fulfill the original contract. As of today - less than 1/2 that number exist according to the reported serial numbers.

I'd say the pricing isn't a typo at all - rather a reflection of the current market price of a very rare HK..!

Best to you,

John D.

drbuster · 06-21-2006, 10:27 AM

Wow, absolutely incredible! I wonder what the price would be on an authentic and verified 1939 dated HK? Mike Krause says he has seen and handled two of them during his long tenure.

drbuster · 06-21-2006, 09:12 PM

Now where else can one realize a 70% profit in one year? A "lucky" IPO? A quick turn around on a piece of property? I doubt it. Lugers and Colts are the way to go. Not only can one "oogle" at the thing but it grows more valuable as you watch it!

tracyp · 06-21-2006, 09:41 PM

It will be interesting to see how long it takes for it to sell. In the Member Gallery, Tom says his has 92% of the original bluing. From the pics it looks better. Simpson's says the one they have for sale has 98%. I think I would prefer to have Tom's.

Tracy

tracyp · 06-21-2006, 09:47 PM

When I tried to access simpson's site, i got the following message:

CGI-limits reached, please try again later!

Anyone else get this message.

tracyp · 06-22-2006, 08:39 PM

It's now listed as on HOLD at Simpson's.

drbuster · 06-22-2006, 11:09 PM

Not only is this pricey HK on hold now at Simpsons, but most of the Navy Lugers have also just been put on hold as well. The big money is out chasing the stuff we won't see until the next generation.

John D. · 06-23-2006, 09:37 PM

Hi Tom,

Let me know when you get a 1939..

John D.

thegundude · 06-23-2006, 10:38 PM

Quote:

Originally posted by Tom A I am missing only a '39 khoff and my collection of those smooth beauties is complete.

Tom A. [/B]

Now THAT is something I'd like to see. It must be one fine collection...

Navy · 06-24-2006, 05:16 PM

All,

The purchaser of the '38 contacted me. He is (by my standards) a younger collector who has closely focused and successfully obtained a super collection of Kriegs. I may try to convince him to bring his collection to Chattanooga.

Tom A

06-21-2006, 12:17 AM	#1
Pete Ebbink User Join Date: Jun 2002 Location: The USA Posts: 5,919 Thanks: 0 Thanked 6 Times in 4 Posts	Price High-Water Mark ??? http://www.simpsonltd.com/product_in...oducts_id=4254 I cannot remember; is the 1938 HK this rare ? Or is there some pricing typo ???

06-21-2006, 12:42 AM	#2
tracyp User Join Date: Jun 2002 Location: Peoples Republic of Kalifornia Posts: 391 Thanks: 0 Thanked 2 Times in 2 Posts	I'm sure the pricing is not a typo. I wouldn't rate it 98% and yes it's seems extremely high. Gibson says 50 were made.

06-21-2006, 09:00 AM	#3
John D. Administrator & Site Owner LugerForum Patron Join Date: Jun 2002 Location: A Little NE of Somewhere... Posts: 2,651 Thanks: 477 Thanked 515 Times in 128 Posts	Tracy is right on.. Mr Gibson estimated 50 were produced with the 1938 chamber date to fulfill the original contract. As of today - less than 1/2 that number exist according to the reported serial numbers. I'd say the pricing isn't a typo at all - rather a reflection of the current market price of a very rare HK..! Best to you, John D.

06-21-2006, 10:27 AM	#4
drbuster User Join Date: Jun 2002 Location: San Mateo, California Posts: 1,432 Thanks: 2 Thanked 71 Times in 56 Posts	Wow, absolutely incredible! I wonder what the price would be on an authentic and verified 1939 dated HK? Mike Krause says he has seen and handled two of them during his long tenure.

06-21-2006, 09:12 PM	#5
drbuster User Join Date: Jun 2002 Location: San Mateo, California Posts: 1,432 Thanks: 2 Thanked 71 Times in 56 Posts	Now where else can one realize a 70% profit in one year? A "lucky" IPO? A quick turn around on a piece of property? I doubt it. Lugers and Colts are the way to go. Not only can one "oogle" at the thing but it grows more valuable as you watch it!

06-21-2006, 09:41 PM	#6
tracyp User Join Date: Jun 2002 Location: Peoples Republic of Kalifornia Posts: 391 Thanks: 0 Thanked 2 Times in 2 Posts	It will be interesting to see how long it takes for it to sell. In the Member Gallery, Tom says his has 92% of the original bluing. From the pics it looks better. Simpson's says the one they have for sale has 98%. I think I would prefer to have Tom's. Tracy

06-21-2006, 09:47 PM	#7
tracyp User Join Date: Jun 2002 Location: Peoples Republic of Kalifornia Posts: 391 Thanks: 0 Thanked 2 Times in 2 Posts	When I tried to access simpson's site, i got the following message: CGI-limits reached, please try again later! Anyone else get this message.

06-22-2006, 08:39 PM	#8
tracyp User Join Date: Jun 2002 Location: Peoples Republic of Kalifornia Posts: 391 Thanks: 0 Thanked 2 Times in 2 Posts	It's now listed as on HOLD at Simpson's.

06-22-2006, 11:09 PM	#9
drbuster User Join Date: Jun 2002 Location: San Mateo, California Posts: 1,432 Thanks: 2 Thanked 71 Times in 56 Posts	Not only is this pricey HK on hold now at Simpsons, but most of the Navy Lugers have also just been put on hold as well. The big money is out chasing the stuff we won't see until the next generation.

06-23-2006, 09:37 PM	#10
John D. Administrator & Site Owner LugerForum Patron Join Date: Jun 2002 Location: A Little NE of Somewhere... Posts: 2,651 Thanks: 477 Thanked 515 Times in 128 Posts	Hi Tom, Let me know when you get a 1939.. John D.

06-24-2006, 05:16 PM	#12
Navy RIP Join Date: Jun 2002 Location: Dc 'burbs in Virginia Posts: 2,482 Thanks: 0 Thanked 16 Times in 10 Posts	All, The purchaser of the '38 contacted me. He is (by my standards) a younger collector who has closely focused and successfully obtained a super collection of Kriegs. I may try to convince him to bring his collection to Chattanooga. Tom A