Listed at $85 and sold for $42
I just received the letter for this 10 (my thanks to Chuck for his fast response) and it reflects the present condition of this old hammer gun.
What was interesting was that the letter indicates that this "Quality 2" 10 was listed by Parker at $85 but was sold for only $42 to John P. Lovell and Sons in Boston, MA. The order date was October 26, 1985 and it was shipped on October 29 of the same year. How would you like to order a few at that price?
Anyway, I figured that there must have been a real drop in the economy for Parker to give such a large discount and Googled the dates of major US recessions. Sure enough, there was a very bad recession here that lasted from 1882 through 1985 which included "the panic of 1884" that put several big banks under.
I have read that Parker gave discounts to retailers, but 51% sounds a bit high.
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