This stunning Westley Richards & Co. shotgun was made for the 1981 nuptials of Lady Diana Spencer and HRH Prince Charles. It is rare, has a unique history of ownership, and is also elaborately decorated.
Jim Supica, Director of the NRA Firearms Museum, has written a trio of articles about gun collecting. If you are thinking of starting your own collection of firearms, you should read Supica’s informative articles. The first talks about the basics of gun collecting, the second explains the five key factors that govern gun values, and the third article explains where to find rare and valuable arms. Today we want to highlight the five factors that contribute most to a gun’s value, according to Supica:
Make and Model, Condition, Rarity, History, Art — These are the five factors that … appeal to collectors and help determine the value of collectible guns.
Make and model tends to be the starting point for evaluating collectible guns for most collectors and will be a basic threshold requirement for those with specialized collections.
Factors here include the quality of a particular manufacturer’s products, the historical usage of the guns in question, and the brand’s aura of romance. As an example of that last (and most intangible) factor, consider that Colt Single Action Army revolvers were for several decades the most prevalent focus for collectors interested in full-size revolvers from the post-Civil War to turn of the 20th Century-era, and there is no question that Colts were widely used during that time. In recent years, there has been a refreshing trend in gun collecting to look at a broader range of guns than the traditional blue chip Colts, Winchesters, and Lugers.
Colt Single Action Army Revolvers remain among the most prized (and collectible) firearm.
2. Condition (and Originality)
Obviously, condition plays a major role in the value of a collectible firearm. The classic advice to new collectors in this regard has always been to hold out for guns in the best condition and pay the extra premium they demand. This condition-emphasis seems to have developed in the 1970s and 1980s. In the early post-WWII years of gun collecting there was more interest in rare variations and history, and fewer collectors to whom a few percentage point difference in remaining original finish was of much concern.
Although the highest-condition guns continue to bring record prices, it seems that the pendulum is beginning to swing back the other way, a trend met with my hearty approval. The appeal of “mint” guns has been largely lost on me, and seems to be more appropriate to coin or stamp collecting than a field in which the possible historic usage of the artifact holds so much interest and significance. There is a definite segment of the collector market that is not overly concerned with perfect condition, so long as the gun is original and has not been messed with in a more recent (and, in my opinion, usually misguided) attempt to enhance its desirability.
3. Rarity
In terms of rarity, the well-worn saying that “just because a gun is rare doesn’t mean it’s valuable” remains true to a certain extent. There may only be five known examples of a particular gun, but if only three people care about it, the market is saturated. However, there does seem to be more interest in cornering the rare variations within established collecting fields. There is a bit of a resurgence of the collecting philosophy of completing a punchlist of models and variations within a specialization, and this lead to vigorous competition for the rarest examples in these fields. In emerging collecting fields, when new research is published revealing the rarity of certain variations there can develop a brisk interest in those guns.
4. History
Individual guns with a known history of ownership by a specific individual or usage in a specific historical event have always captured the fascination of collectors, as well as historians and the general public. This seems to reflect a basic human interest and shows no sign of abatement. A positive trend here seems to be an increase in general understanding of the type of documentation which must accompany a historically attributed firearm to give it the credibility to justify a premium price, and the importance of creating and preserving such documentation.
This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
5. Art (Decorative Embellishment)
Fine engraved guns are collected more for their artistic value than for their worth as firearms. Here the market for classic works by the great engravers of the 19th and early 20th Centuries remains strong, as well as for factory-engraved pieces from more recent years. Interest in recent non-factory engraving seems to have diminished, as has… the trend of adding modern engraving to older firearms.
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a Colt. Photo courtesy Amoskeag Auction Company.
Factory-custom engraving should not be confused with mass-produced, factory-made commemorative firearms, which flooded the market in the 1960s and 1970s. A couple of major manufacturers worked this genre to death, and prices on commemoratives have been stagnant for many years now, although the market for these shows some signs of renewal.
CAUTIONARY WORDS about RESTORATION
With prices for high-condition original finish guns running away from the budgets of many collectors, period-of-use refinished guns and older factory-refinished guns are finding more enthusiastic buyers than they did a few years ago.
The availability of excellent-quality restoration services is another factor that I anticipate may impact collector preferences in the future. The top restoration artists are reworking guns to “as new” condition with such skill that it has become increasingly difficult for even knowledgeable collectors to distinguish mint original finish guns from the best restorations.
When such restoration is disclosed to a prospective buyer (as it ethically should be), the prices the gun will bring are significantly below a similar gun with original finish, and may be less than the original cost of the pre-restoration gun plus the cost of the rework. This creates a mighty incentive for deception by a motivated seller, either by active misrepresentation (a.k.a. “fraud”) or passively by simple failure to mention the modification.
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For today’s Sunday GunDay we present the merger of artistry and gunsmithing with a selection of elaborately-engraved rifles. These rigs are impressive to say the least. There are hunting rifles as you’d expect, but we even include a one-of-a-kind benchrest rifle with engraved action.
Amazing Double-Barreled Safari Bolt Guns
Here are some of beautifully-engraved safari rifles from Fuchs Fine Guns of Austria. These rifles feature a unique Double-barrel Bolt Action receiver, which is quite unique. Along with stunning wood stocks, the Fuchs rifles boast extensive detailed engraving with gold and jewelled highlights.
On this Fuchs .416 Rem Mag double-barrel rifle, the pistol grip contains a tiger’s eye gemstone set in silver. White gold is used for the tiger’s paws, symbolizing the beast’s formidable strength. The tiger’s paws on the pistol grip cap are surrounded by blue sapphires.
This DBR 48 Fuchs rifle with Celtic-themed engraving is chambered for the .470 Capstick caliber, the largest cartridge Fuchs offers. This rifle’s internal magazine offers a six-shot capacity. This DBR 48 was decorated in a Celtic motif. The bolt handle ends in a ball made of solid sterling silver. The magazine cover displays the Celtic boat symbol which stands for prosperity, wealth and power.
Benchrest Rifle with Engraved Stiller Action
“Ultimate PPC” by Speedy with engraved Stiller Viper action. Titanium Rest by John Loh (R.I.P.).
A Very Unique Viper Action, Two Years in the Making
This is no ordinary Viper action. The full engraving attracts your attention, but there are some slick “performance mods” Jerry Stiller added at Speedy’s request.
First, the action features a plain-Jane unfluted bolt, with a slight taper in the middle, a bit of a wasp-waist. Speedy prefers an unfluted design because it has superior wear characteristics. He’s found, when working with an aluminum action such as the Viper, the sharp flutes on the bolt will wear the inside of the action faster.
In the interest of reduced wear, Speedy also requested a smaller-sized loading/ejection port. This provides for a larger front and rear receiver ring, which enhances bolt bearing surface. More bearing surface reduces point loading for less internal wear.
First-Ever Hornady “Number One” Rifle with Baron Engraving
This “Hornady Number One” rifle was commissioned as the featured 2015 SHOT Show Gun. It was displayed in Las Vegas and auctioned on Gunbroker.com. The action and bottom metal is elaborately engraved by Baron Engraving of Trumbull, Connecticut. Hornady hired Bill Wiseman & Company to craft the barrel and action and Hornady commissioned Lucid Solutions (Clem Boyd) to build the stock. But the Hornady name IS now engraved on the side of a rifle receiver and that does represent a genuine first. This one-of-a-kind rifle, serial number “H-001″, is a bolt-action hunter, chambered for the .300 RCM cartridge.
Savage Rifle Created for Savage ArmsCompany President
This unique Savage 99 rifle was created for Joseph V. Falcon, President of Savage Arms in the 1950s.
Presentation Engraved Savage 99 Rifle
When you run the company, you get some pretty nice stuff — in this case you get what may be the most elegant Savage ever made.
This rifle was created for Joseph V. Falcon, who served as President of Savage Arms in 1956. This highly embellished Savage 99 lever-action rifle is chambered for the .300 Savage cartridge. It features deluxe checkering and gold inlays. This presentation-grade rifle boast deep relief engraving with a golden elk on one side of the receiver and a stalking cougar on the other. This rifle was given to Joseph V. Falcon from his friends at Savage in December of 1967. Falcon later donated the rifle to the NRA. This impressive model 99 is currently showcased at the NRA National Firearms Museum in Fairfax, Virginia.
Savage 99 Quick History
Arthur Savage invented the first “hammerless” lever action rifle with the entire mechanism enclosed in a steel receiver. This rifle featured a rotary magazine with a unique counter that displayed the number of rounds remaining. The Model 99, as it became known, was the gun that launched a company. There is an interesting history of the company’s logo which features an Indian chief in feather head-dress. In 1919, Chief Lame Deer approached Arthur Savage to purchase lever-action rifles for his tribe’s reservation and the two men struck a deal. In return for discounted rifles and support, Savage received the tribe’s endorsement. By virtue of that association, Arthur Savage added the Indian head symbol to the company’s commercial trademark and letterhead.
Jesse Kaufmann — Modern Engraving Master
Jesse Kaufmann, who operates Black Hills Gunstocks and Engraving LLC in South Dakota, is a true master of metal engraving and he also does superb stock checkering. Here is an example of Jesse’s engraving work on a barreled action. Watch the video to see more of Jesse’s artistry.
BONUS — A Stunning Wheelgun
Artistry in metal — Engraving has long been used to decorate fine firearms. Thankfully, engraving is not a lost art. There remain fine craftsman who can engrave beautiful designs into the metal components of rifles, shotguns, and handguns. Above is a spectacular Dragon-engraved Korth revolver from Nighthawk Custom. It has elaborate engraving covering almost the entire surface of the barrel, cylinder, and visible frame. In addition, an elaborate metal dragon’s tail has been embedded in the wood grip.
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This stunning Celtic Engraved Double Bolt Action rifle is from Fuchs Fine Guns.
As a New Year’s gift to our readers, we thought we’d share some beauty pictures — rifle beauty that is. In our Shooters’ Forum, a Gun Glamour thread recently started entitled: “Show me what a beautiful gun looks like!” Well here are some very handsome rifles featured in that Forum Thread and other Bulletin features. Enjoy.
Beautiful Rifles from our Shooters’ Forum
Forum member Kurz posted a dream gun owned by a friend in England. Kurz included a quote from a book created by the rifle’s owner: “There, with my father’s words ringing in my ears, I shall take that ‘step forward’ and order a perfect machine based on the Mauser ’98 action, built from metal and wood by master craftsmen who truly understand that ‘reliable’ and ‘mechanical integrity’ have as much relevance today as they did all those years ago.”
A gun can “shoot dots” and still be handsome. Here is a short-range benchrest rifle with a stunning, exhibition-grade Walnut stock. Forum member Josh B found this beauty.
Forum member JRS submitted a stunner from Europe. This beauty features a truly exquisite piece of wood with elaborately engraved receiver. It also has escutcheons and special metal work on the grip.
Lever-action Falling Block rifles can be beautiful too. This one features a color case-hardened receiver and handsome two-piece fancy wood stock. This was submitted by Forum member Kurz who notes: “Besides exhibition grade walnut, I like the variations available in spalted maple for rifle stocks.”
This F-Class rifle belongs to Shiraz Balolia, Chairman/CEO of Grizzly Industrial. Shiraz finished the highly-figured Walnut stock himself: “I installed the bottom wider track for my rear bag and also carved out the finger grooves in the grip. I went ahead and inlaid my name in Mother-of-Pearl on the Walnut stock.” The stock has Curly Maple inner laminations.
CLICK HERE to See Hundreds More ‘Pride and Joy’ Rifles…
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Impressive engraving by Jesse Kaufmann. Note how the scope rings have been engraved to perfectly match the engraving pattern on the Remington 547 action.
Who says fine craftsmanship is dead? There’s a modern day engraving wizard up in South Dakota, Jesse Kaufmann, who produces some of the most handsome engraving we’ve seen. Jesse, who operates Black Hills Gunstocks and Engraving LLC, is a true master at metal engraving and he also does superb stock checkering. Here are some examples of Jesse’s engraving work:
This 14-minute video showcases dozens of Jesse Kaufmann’s Engraving examples:
About Jesse Kaufmann, Master Engraver
Jesse Kaufmann was a professional stockmaker for Dakota Arms for over a decade. In 2009, he was inducted in the American Custom Gunmakers Guild as a checkering specialist. In January 2017, Jesse was awarded his Master Engraver certification by the Firearms Engravers Guild of America. With his broad skill set, Jesse is able to offer his clients a unique and complete package of stock work, finish, checkering, and engraving for a custom package that is all completed under one roof by his own hands.
Jesse Kaufmann’s work has been featured in American Rifleman, American Hunter, FEGA’s The Engraver, Sports Afield, Waidmannsheil Journal of German Gun Collectors Assn., Gun Digest 71st Edition, Modern Custom Guns Volume 2, Dangerous Game Rifles 2d. Edition. For more info, visit BlackHillsgunstocksandengraving.com, email blackhillsgunstocks [at] gmail.com, or call Jesse at (605) 499-9090 after 5:00 pm. SEE Gallery of Work.
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This stunning Westley Richards & Co. shotgun was made for the 1981 nuptials of Lady Diana Spencer and HRH Prince Charles. It is rare, has a unique history of ownership, and is also elaborately decorated.
Jim Supica, Director of the NRA Firearms Museum, has written a trio of articles about gun collecting. If you are thinking of starting your own collection of firearms, you should read Supica’s informative articles. The first talks about the basics of gun collecting, the second explains the five key factors that govern gun values, and the third article explains where to find rare and valuable arms. Today we want to highlight the five factors that contribute most to a gun’s value, according to Supica:
Make and Model, Condition, Rarity, History, Art — These are the five factors that … appeal to collectors and help determine the value of collectible guns.
Make and model tends to be the starting point for evaluating collectible guns for most collectors and will be a basic threshold requirement for those with specialized collections.
Factors here include the quality of a particular manufacturer’s products, the historical usage of the guns in question, and the brand’s aura of romance. As an example of that last (and most intangible) factor, consider that Colt Single Action Army revolvers were for several decades the most prevalent focus for collectors interested in full-size revolvers from the post-Civil War to turn of the 20th Century-era, and there is no question that Colts were widely used during that time. In recent years, there has been a refreshing trend in gun collecting to look at a broader range of guns than the traditional blue chip Colts, Winchesters, and Lugers.
Colt Single Action Army Revolvers remain among the most prized (and collectible) firearm.
2. Condition (and Originality)
Obviously, condition plays a major role in the value of a collectible firearm. The classic advice to new collectors in this regard has always been to hold out for guns in the best condition and pay the extra premium they demand. This condition-emphasis seems to have developed in the 1970s and 1980s. In the early post-WWII years of gun collecting there was more interest in rare variations and history, and fewer collectors to whom a few percentage point difference in remaining original finish was of much concern.
Although the highest-condition guns continue to bring record prices, it seems that the pendulum is beginning to swing back the other way, a trend met with my hearty approval. The appeal of “mint” guns has been largely lost on me, and seems to be more appropriate to coin or stamp collecting than a field in which the possible historic usage of the artifact holds so much interest and significance. There is a definite segment of the collector market that is not overly concerned with perfect condition, so long as the gun is original and has not been messed with in a more recent (and, in my opinion, usually misguided) attempt to enhance its desirability.
3. Rarity
In terms of rarity, the well-worn saying that “just because a gun is rare doesn’t mean it’s valuable” remains true to a certain extent. There may only be five known examples of a particular gun, but if only three people care about it, the market is saturated. However, there does seem to be more interest in cornering the rare variations within established collecting fields. There is a bit of a resurgence of the collecting philosophy of completing a punchlist of models and variations within a specialization, and this lead to vigorous competition for the rarest examples in these fields. In emerging collecting fields, when new research is published revealing the rarity of certain variations there can develop a brisk interest in those guns.
4. History
Individual guns with a known history of ownership by a specific individual or usage in a specific historical event have always captured the fascination of collectors, as well as historians and the general public. This seems to reflect a basic human interest and shows no sign of abatement. A positive trend here seems to be an increase in general understanding of the type of documentation which must accompany a historically attributed firearm to give it the credibility to justify a premium price, and the importance of creating and preserving such documentation.
This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
5. Art (Decorative Embellishment)
Fine engraved guns are collected more for their artistic value than for their worth as firearms. Here the market for classic works by the great engravers of the 19th and early 20th Centuries remains strong, as well as for factory-engraved pieces from more recent years. Interest in recent non-factory engraving seems to have diminished, as has… the trend of adding modern engraving to older firearms.
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a Colt. Photo courtesy Amoskeag Auction Company.
Factory-custom engraving should not be confused with mass-produced, factory-made commemorative firearms, which flooded the market in the 1960s and 1970s. A couple of major manufacturers worked this genre to death, and prices on commemoratives have been stagnant for many years now, although the market for these shows some signs of renewal.
CAUTIONARY WORDS about RESTORATION
With prices for high-condition original finish guns running away from the budgets of many collectors, period-of-use refinished guns and older factory-refinished guns are finding more enthusiastic buyers than they did a few years ago.
The availability of excellent-quality restoration services is another factor that I anticipate may impact collector preferences in the future. The top restoration artists are reworking guns to “as new” condition with such skill that it has become increasingly difficult for even knowledgeable collectors to distinguish mint original finish guns from the best restorations.
When such restoration is disclosed to a prospective buyer (as it ethically should be), the prices the gun will bring are significantly below a similar gun with original finish, and may be less than the original cost of the pre-restoration gun plus the cost of the rework. This creates a mighty incentive for deception by a motivated seller, either by active misrepresentation (a.k.a. “fraud”) or passively by simple failure to mention the modification.
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Artistry in metal — Engraving has long been used to decorate fine firearms. The examples shown here prove that engraving is not a lost art. There still remain fine craftsman who can engrave beautiful designs into the metal components of pistols, rifles, and handguns. Above is a spectacular Dragon-engraved Korth revolver from Nighthawk Custom — an amazing example. Below are seven beautiful examples of engraved semi-auto pistols, from a tiny Colt .25 ACP to Chuck Yeager’s gold-plated Beretta.
Centennial 1911 from Colt — Marking 100 Years
In 2011, to celebrate the 100th birthday of the 1911 hangun, Colt created a spectacular, fully-engraved “Anniversary Edition” pistol. J.M. Browning’s 1911 pistol was officially adopted by the U.S. Army on March 29th, 1911. (The U.S. Marine Corps and U.S. Navy adopted the 1911 pistol roughly two years later). This Centennial 1911 is pimped to the max, complete with gold inlay and genuine ivory grips.
One-of-a-Kind Fully Engraved Walter Q5
On display at the 2019 IWA Outdoor Classics Show in Germany was this stunning fully-engraved Walther Q5 pistol. Note how even the magazine end plate is engraved. On the slide is an American Eagle and the quote “We the People”. Those rare wood grips are also very eye-catching and handsome. This may be the fanciest Walther pistol on the planet.
The Right Stuff — Chuck Yeager’s Gold-Plated Beretta
Here’s another pistol with a famous owner “The Right Stuff” Pilot, Chuck Yeager, the first human to break the sound barrier. This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
Stunning Engraved Trio — Colt, Mauser, and Luger
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a diminutive Colt. By themselves, these three matching pistols would make a prized handgun collection. Photo courtesy Amoskeag Auction Company.
Smith & Wesson Model 41 — 50th Anniversary Edition
The .22 LR Smith & Wesson Model 41 is one of our favorite rimfire target pistol. First released in 2008, the engraved model 41 combines superior accuracy with stunning appearance.For $1700.00 to $2000.00 you can find the fully engraved, 50th Anniversary Model 41 in presentation case on Gunbroker.com.
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Impressive engraving by Jesse Kaufmann. Note how the scope rings have been engraved to perfectly match the engraving pattern on the Remington 547 action.
Who says fine craftsmanship is dead? There’s a modern day engraving wizard up in South Dakota, Jesse Kaufmann, who produces some of the most handsome engraving we’ve seen. Jesse, who operates Black Hills Gunstocks and Engraving LLC, is a true master at metal engraving and he also does superb stock checkering. Here are some examples of Jesse’s engraving work:
This 14-minute video showcases dozens of Jesse Kaufmann’s Engraving examples:
About Jesse Kaufmann, Master Engraver
Jesse Kaufmann was a professional stockmaker for Dakota Arms for over a decade. In 2009, he was inducted in the American Custom Gunmakers Guild as a checkering specialist. In January 2017, Jesse was awarded his Master Engraver certification by the Firearms Engravers Guild of America. With his broad skill set, Jesse is able to offer his clients a unique and complete package of stock work, finish, checkering, and engraving for a custom package that is all completed under one roof by his own hands.
Jesse Kaufmann’s work has been featured in American Rifleman, American Hunter, FEGA’s The Engraver, Sports Afield, Waidmannsheil Journal of German Gun Collectors Assn., Gun Digest 71st Edition, Modern Custom Guns Volume 2, Dangerous Game Rifles 2d. Edition. For more info, visit BlackHillsgunstocksandengraving.com, email blackhillsgunstocks [at] gmail.com, or call Jesse at (605) 499-9090 after 5:00 pm. SEE Gallery of Work.
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Impressive engraving by Jesse Kaufmann. Note how the scope rings have been engraved to perfectly match the engraving pattern on the Remington 547 action.
Who says fine craftsmanship is dead? There’s a modern day engraving wizard up in South Dakota, Jesse Kaufmann, who produces some of the most handsome engraving we’ve seen. Jesse, who operates Black Hills Gunstocks and Engraving LLC, is a true master at metal engraving and he also does superb stock checkering. Here are some examples of Jesse’s engraving work:
This 14-minute video showcases dozens of Jesse Kaufmann’s Engraving examples:
About Jesse Kaufmann, Master Engraver
Jesse Kaufmann was a professional stockmaker for Dakota Arms for over a decade. In 2009, he was inducted in the American Custom Gunmakers Guild as a checkering specialist. In January 2017, Jesse was awarded his Master Engraver certification by the Firearms Engravers Guild of America. With his broad skill set, Jesse is able to offer his clients a unique and complete package of stock work, finish, checkering, and engraving for a custom package that is all completed under one roof by his own hands.
Jesse Kaufmann’s work has been featured in American Rifleman, American Hunter, FEGA’s The Engraver, Sports Afield, Waidmannsheil Journal of German Gun Collectors Assn., Gun Digest 71st Edition, Modern Custom Guns Volume 2, Dangerous Game Rifles 2d. Edition. For more info, visit BlackHillsgunstocksandengraving.com, email blackhillsgunstocks [at] gmail.com, or call Jesse at (605) 499-9090 after 5:00 pm. SEE Gallery of Work.
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Impressive engraving by Jesse Kaufmann. Note how the scope rings have been engraved to perfectly match the engraving pattern on the Remington 547 action.
Who says fine craftsmanship is dead? There’s a fellow up in South Dakota, Jesse Kaufmann, who produces some of the most handsome engraving we’ve seen. Jesse, who operates Black Hills Gunstocks and Engraving LLC, is a true master at metal engraving and he also does superb stock checkering. Here are some examples of Jesse’s engraving work:
About Jesse Kaufmann, Master Engraver
Jesse Kaufmann was a professional stockmaker for Dakota Arms for over a decade. In 2009, he was inducted in the American Custom Gunmakers Guild as a checkering specialist. In January 2017, Jesse was awarded his Master Engraver certification by the Firearms Engravers Guild of America. With his broad skill set, Jesse is able to offer his clients a unique and complete package of stock work, finish, checkering, and engraving for a custom package that is all completed under one roof by his own hands.
Jesse Kaufmann’s work has been featured in American Rifleman, American Hunter, FEGA’s The Engraver, Sports Afield, Waidmannsheil Journal of German Gun Collectors Assn., Gun Digest 71st Edition, Modern Custom Guns Volume 2, Dangerous Game Rifles 2d. Edition. For more info, visit BlackHillsgunstocksandengraving.com, email blackhillsgunstocks [at] gmail.com, or call Jesse at (605) 499-9090.
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This stunning Westley Richards & Co. shotgun was made for the 1981 nuptials of Lady Diana Spencer and HRH Prince Charles. It is rare, has a unique history of ownership, and is also elaborately decorated.
Jim Supica, Director of the NRA Firearms Museum, has written a trio of articles about gun collecting. If you are thinking of starting your own collection of firearms, you should read Supica’s informative articles. The first talks about the basics of gun collecting, the second explains the five key factors that govern gun values, and the third article explains where to find rare and valuable arms. Today we want to highlight the five factors that contribute most to a gun’s value, according to Supica:
Make and Model, Condition, Rarity, History, Art — These are the five factors that … appeal to collectors and help determine the value of collectible guns.
Make and model tends to be the starting point for evaluating collectible guns for most collectors and will be a basic threshold requirement for those with specialized collections.
Factors here include the quality of a particular manufacturer’s products, the historical usage of the guns in question, and the brand’s aura of romance. As an example of that last (and most intangible) factor, consider that Colt Single Action Army revolvers were for several decades the most prevalent focus for collectors interested in full-size revolvers from the post-Civil War to turn of the 20th Century-era, and there is no question that Colts were widely used during that time. In recent years, there has been a refreshing trend in gun collecting to look at a broader range of guns than the traditional blue chip Colts, Winchesters, and Lugers.
Colt Single Action Army Revolvers remain among the most prized (and collectible) firearm.
2. Condition (and Originality)
Obviously, condition plays a major role in the value of a collectible firearm. The classic advice to new collectors in this regard has always been to hold out for guns in the best condition and pay the extra premium they demand. This condition-emphasis seems to have developed in the 1970s and 1980s. In the early post-WWII years of gun collecting there was more interest in rare variations and history, and fewer collectors to whom a few percentage point difference in remaining original finish was of much concern.
Although the highest-condition guns continue to bring record prices, it seems that the pendulum is beginning to swing back the other way, a trend met with my hearty approval. The appeal of “mint” guns has been largely lost on me, and seems to be more appropriate to coin or stamp collecting than a field in which the possible historic usage of the artifact holds so much interest and significance. There is a definite segment of the collector market that is not overly concerned with perfect condition, so long as the gun is original and has not been messed with in a more recent (and, in my opinion, usually misguided) attempt to enhance its desirability.
3. Rarity
In terms of rarity, the well-worn saying that “just because a gun is rare doesn’t mean it’s valuable” remains true to a certain extent. There may only be five known examples of a particular gun, but if only three people care about it, the market is saturated. However, there does seem to be more interest in cornering the rare variations within established collecting fields. There is a bit of a resurgence of the collecting philosophy of completing a punchlist of models and variations within a specialization, and this lead to vigorous competition for the rarest examples in these fields. In emerging collecting fields, when new research is published revealing the rarity of certain variations there can develop a brisk interest in those guns.
4. History
Individual guns with a known history of ownership by a specific individual or usage in a specific historical event have always captured the fascination of collectors, as well as historians and the general public. This seems to reflect a basic human interest and shows no sign of abatement. A positive trend here seems to be an increase in general understanding of the type of documentation which must accompany a historically attributed firearm to give it the credibility to justify a premium price, and the importance of creating and preserving such documentation.
This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
5. Art (Decorative Embellishment)
Fine engraved guns are collected more for their artistic value than for their worth as firearms. Here the market for classic works by the great engravers of the 19th and early 20th Centuries remains strong, as well as for factory-engraved pieces from more recent years. Interest in recent non-factory engraving seems to have diminished, as has… the trend of adding modern engraving to older firearms.
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a Colt. Photo courtesy Amoskeag Auction Company.
Factory-custom engraving should not be confused with mass-produced, factory-made commemorative firearms, which flooded the market in the 1960s and 1970s. A couple of major manufacturers worked this genre to death, and prices on commemoratives have been stagnant for many years now, although the market for these shows some signs of renewal.
CAUTIONARY WORDS about RESTORATION
With prices for high-condition original finish guns running away from the budgets of many collectors, period-of-use refinished guns and older factory-refinished guns are finding more enthusiastic buyers than they did a few years ago.
The availability of excellent-quality restoration services is another factor that I anticipate may impact collector preferences in the future. The top restoration artists are reworking guns to “as new” condition with such skill that it has become increasingly difficult for even knowledgeable collectors to distinguish mint original finish guns from the best restorations.
When such restoration is disclosed to a prospective buyer (as it ethically should be), the prices the gun will bring are significantly below a similar gun with original finish, and may be less than the original cost of the pre-restoration gun plus the cost of the rework. This creates a mighty incentive for deception by a motivated seller, either by active misrepresentation (a.k.a. “fraud”) or passively by simple failure to mention the modification.
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Artistry in metal — Engraving has long been used to decorate fine firearms. The examples shown here prove that engraving is not a lost art. There still remain fine craftsman who can engrave beautiful designs into the metal components of pistols, rifles, and handguns. Above are engraved 1911s and Browning High Powers displayed by Baron Engraving at SHOT Show 2020. Baron Engraving also does great work on revolvers and long guns. Below are seve more beautiful examples of engraved semi-auto pistols, from a tiny Colt .25 ACP to Chuck Yeager’s gold-plated Beretta.
Centennial 1911 from Colt — Marking 100 Years
In 2011, to celebrate the 100th birthday of the 1911 hangun, Colt created a spectacular, fully-engraved “Anniversary Edition” pistol. J.M. Browning’s 1911 pistol was officially adopted by the U.S. Army on March 29th, 1911. (The U.S. Marine Corps and U.S. Navy adopted the 1911 pistol roughly two years later). This Centennial 1911 is pimped to the max, complete with gold inlay and genuine ivory grips.
Stunning Engraved Trio — Colt, Mauser, and Luger
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a diminutive Colt. By themselves, these three matching pistols would make a prized handgun collection. Photo courtesy Amoskeag Auction Company.
Smith & Wesson Model 41 — 50th Anniversary Edition
The .22 LR Smith & Wesson Model 41 is one of our favorite rimfire target pistol. First released in 2008, the engraved model 41 combines superior accuracy with stunning appearance.For $1700.00 to $2000.00 you can find the fully engraved, 50th Anniversary Model 41 in presentation case on Gunbroker.com.
The Right Stuff — Chuck Yeager’s Gold-Plated Beretta
Here’s another pistol with a famous owner “The Right Stuff” Pilot, Chuck Yeager, the first human to break the sound barrier. This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
One-of-a-Kind Fully Engraved Walter Q5
On display at the 2019 IWA Outdoor Classics Show in Germany was this stunning fully-engraved Walther Q5 pistol. Note how even the magazine end plate is engraved. On the slide is an American Eagle and the quote “We the People”. Those rare wood grips are also very eye-catching and handsome. This may be the fanciest Walther pistol on the planet.
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This one-of-a-kind .50-caliber rifle was crafted by the late J.T. Smith. Along with the lever-actuated falling block, it has a massive swing-out breech block — like an artillery piece.
Beautiful and Historic Firearms
We’ve collected some of the most eye-catching firearms featured on AccurateShooter.com over the past decade. There are famous pistols, a shotgun owned by a princess, the fanciest Savage ever made, and some beautiful examples of engraving and stock-making. Enjoy this collection of firearms eye candy.
Centennial 1911 from Colt — Marking 100 Years
In 2011, to celebrate the 100th birthday of the 1911 hangun, Colt created a spectacular, fully-engraved “Anniversary Edition” pistol. J.M. Browning’s 1911 pistol was officially adopted by the U.S. Army on March 29th, 1911. {The U.S. Marine Corps and U.S. Navy adopted the 1911 pistol roughly two years later). This Centennial 1911 is pimped to the max, complete with gold inlay and genuine ivory grips.
Savage President’s Engraved Savage 99 Rifle
When you run the company, you get some pretty nice stuff — in this case you get what may be the most elegant Savage ever made. This rifle was created for Joseph V. Falcon, who served as President of Savage Arms. This highly embellished Savage 99 lever-action rifle is chambered for the .300 Savage. It features deluxe checkering and gold inlays.
World’s Most Perfect Colt Paterson — Worth Nearly $1 Million
This 1836 Colt Paterson Revolver sold in 2011 for $977,500 at auction. That set a world record (at the time) for the sale of an American firearm. The very rare, ivory-gripped Texas Paterson Revolver, with a 9-inch barrel and attached loading lever, is the finest known surviving example of Samuel Colt’s first revolver, produced in Paterson, New Jersey.
Stunning Engraved Trio — Colt, Mauser, and Luger
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a diminutive Colt. By themselves, these three matching pistols would make a prized handgun collection. Photo courtesy Amoskeag Auction Company.
Princess Diana’s Westley Richards Shotgun
This stunning Westley Richards & Co. shotgun was made for the 1981 nuptials of Lady Diana Spencer and HRH Prince Charles. It is rare, has a unique history of ownership, and is also elaborately decorated.
Butch Cassidy’s Colt Wheelgun
This revolver isn’t so pretty, but it has an impressive heritage — it belonged to Butch Cassidy. Butch Cassidy’s famous “Amnesty Colt” Revolver sold to a foreign museum for $175,000. The handgun was offered as part of a collection of Western guns and memorabilia auctioned in Casitas Springs, California.
The Right Stuff — Chuck Yeager’s Gold-Plated Beretta
Here’s another pistol with a famous owner “The Right Stuff” Pilot, Chuck Yeager, the first human to break the sound barrier. This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.
Stunning Mauser Custom — Master-grade Wood and Steel
Forum member Kurz posted a dream gun owned by a friend in England. Kurz included a quote from a book created by the rifle’s owner: “There, with my father’s words ringing in my ears, I shall take that ‘step forward’ and order a perfect machine based on the Mauser ’98 action, built from metal and wood by master craftsmen who truly understand that ‘reliable’ and ‘mechanical integrity’ have as much relevance today as they did all those years ago.”
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First, the action features a plain-Jane unfluted bolt, with a slight taper in the middle, a bit of a wasp-waist. Speedy prefers an unfluted design because it has superior wear characteristics. He’s found, when working with an aluminum action such as the Viper, the sharp flutes on the bolt will wear the inside of the action faster.
Presentation Engraved Savage 99 Rifle
About Jesse Kaufmann, Master Engraver
This one-of-a-kind .50-caliber rifle was crafted by the late J.T. Smith. Along with the lever-actuated falling block, it has a massive swing-out breech block — like an artillery piece.
