Quote:
Originally Posted by Edward Hale
I am filling out a request form for a letter right now. I can trace it back through the last two owners (going back to about 1930) I'm not too sure of the ownership before that. In your opinion is the value high enough do to its rarity, to justify the cost of the restoration work when you consider that it has been reblued? Or put another way, If I find someone to do the restoration work what is the likely value when completed? I don't plan to sell, but if it gains in value by restoring it, it makes it easier to justify the expense. Regards. Ed
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Ed,
The value of your gun is really what someone is willing to pay. I will offer my opinion on value and the folks here may agree or not depending on their perspective.
If your gun was on a table at a gun show for 2-3K I would consider buying it because of the frame size and barrel length. I would then plan on spending another 1k+ to have the barrels properly refinished and the blueing removed, and ???. After all of that was done I would not necessarily plan on getting my money back if I sold it but I would have a very cool big frame 10ga with long barrels and sometimes that is a better outcome than making dollars. If the end goal is money then leave the gun as is and put it on gunbroker for $1. It will sell for exactly what it is worth(tbd).
PML
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