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Showing posts with label stock. Show all posts
Showing posts with label stock. Show all posts

Friday, January 20, 2017

Fantastic Flops: Smith & Wesson Model 320

Lot 6224: Rare and Desirable Smith & Wesson Model 320 Revolving Rifle with 18" Barrel and Stock

In the 1800s, any idea for how to improve firearms was fair game, and it resulted in some inventions and innovations that are still in use today, virtually unchanged from their birth roughly 200 years ago. We have this golden age of firearm invention to thank for percussion firing systems, the pepperbox and revolver, cased, rimfire, and centerfire ammunition, the lever action, the bolt action, and even the earliest semi-automatic firearms. Obviously, these are the success stories the likes of which have changed firearms and even the fates of nations forever. However, for every success story there are dozens of ideas that didn't make it. Some didn't get the military contracts they needed, others were eclipsed by more popular designs, many were impractical, and then there were those that were just goofy or downright dangerous. Even the vaunted Smith & Wesson was not immune from the pitfalls of 19th Century firearms design. Case in point: the Model 320 revolving rifle.


Read the rest of this article at our blog's new permanent home on our web page!

Friday, October 21, 2016

A Loose Artifact of Jefferson Davis

Inscription reads, "Presented to Gen. Jefferson Davis, Late U.S. Sec. of War,
By the Workmen of Col. Colts Armory, Hartford, CT"

The history and political contributions of Jefferson Davis are well-documented so they will not be recounted here. Instead, attention will be brought to a small object in Rock Island Auction Company's 2016 December Premiere Firearms Auction. This object is rather unassuming in itself. In fact, close attention must be paid to know that it is anything special at all, but once light is shown on a single special feature, a whole new respect comes for the little collectible with a tremendous history. RIAC is proud to offer the presentation shoulder stock for a Colt 1851 Navy revolver, inscribed to then U.S. Secretary of War Jefferson Davis.





Thursday, January 8, 2015

An Engraving Mystery

In our December 2014 Premiere Firearms Auction there was a gun which I found to be very curious.  Far from any area I feel bold enough to call an expertise, this particular gun was what our headlines described as a "Finely Engraved German Kowar Single Shot Schuetzen Rifle with Relief Carved Stock."  It struck me as being out of the ordinary in several regards.  For one, the stock of a Schuetzen rifle, shaped for ergonomics and stability during shooting, always sticks out to a set of eyes more accustomed to seeing a standard shotgun or rifle butt.  Second, the gun was made for a left-handed shooter, given the position of the cheek-piece.  The last thing I found unusual required a closer inspection, but once I saw it I was instantly puzzled and found myself searching for answers.  I present for your inspection, the gun's engraving.



For this first photo, let me say that very little appears unusual regarding the engraving.  Many firearms depict panel scenes of their intended quarry, and this Schuetzen chambered in 32 WCF (a.k.a. .32-20) would certainly have once been considered an appropriate caliber to take down such animals before it descended into obscurity thanks to the arrival of more efficient cartridges  In fact, the scroll work around the animals is also very appropriate, depicting the trees and foliage give the viewer a glimpse into the forest that these creatures inhabit.  However, what these animals are is initially unclear.  Upon first glance to an American they appear to be Pronghorns, an animal exclusively found in North America and more often associated with the plains than the forest.  This makes them an unusual choice for a very German rifle, plus the antlers are not 100% correct.  The mind also turns quickly to the roe deer, a small deer that can be found in the majority of Europe and Scandinavia. Could they be roe bucks?  It again seems unlikely, based again on the antlers.  However, a little research reveals them to be a pair of chamois, a goat/antelope species that lives in much of eastern Europe - not a species many North Americans would recognize.  Folks more accustomed to seeing pronghorns or with little to no hunting experience in Europe or the Alps, might ask themselves, "What on earth are pronghorn antelope doing in a forest, let alone in Germany?"  Initially it seems quite unusual.


The second odd bit of engraving can be seen on the bottom of the trigger guard. A vulture or buzzard is a not a very common animal depicted on firearms, yet here a rather surly looking specimen is given reign over the entire trigger guard.



When watching movies, I was always taught that "nothing is done by accident."  The director doesn't just randomly decide to have a storm take place, or a character die, or the characters to encounter a road or river.  Those things are symbols.  Even in films that are mediocre, they should mean something other than just a device to move the plot forward.  I believe the same thing can be said for firearms engraving.  No artisan sits down with their tools, prepared to spend hours plying their trade, without a clear idea of what they are going to create.  They don't simply start drawing lines willy-nilly and see what happens to take shape.  No, their choices are equally deliberate, especially when considering the limited canvas size with which they are working.

That said, most rifles are adorned with animals we have all come to respect through the hunt.  Be it ducks, pheasants, deer, elk, lions, moose, stags, Cape buffalo, bison, rhinos, elephants, geese, grouse, or even rabbits, all are either beautiful, powerful, have been hunted with great respect, or are recalled fondly from previous hunts.  Vultures are none of those things!  They are often reviled for their thankless task of removing the dead, they certainly do not fit any widely accepted definition of a beautiful animal, and to top it all off, many even vomit a black, noxious liquid up to 10 feet as a self-defense and defecate on their feet as a cooling measure.  Why an artist would make the deliberate choice to portray such a creature on such a gorgeous rifle is most puzzling.  While the location choice of this engraving gives it less prominence, the choice of animal remains curious.  Not shown in these photos is also an engraving of a dove featured behind the breech block.  Such a symbol of purity, love, and peace is a stark contrast to the death associate vulture.  Is "life and death" the theme the engraver was trying to portray?  The dove must surely be another symbol since the rifle would be extremely ill-suited to dove hunting.





The last side of engraving shows a forest scene depicting a distraught hunter kneeling before a deer with a cross between its antlers.  Such imagery will be familiar to German scholars, a few Catholics, and those familiar with the Jäegermeister logo.  Shown on the left side of the receiver is the conversion of Placidus to Saint Eustace.


The legend goes that Placidus was a Roman general in the 2nd century serving under Emperor Trajan.  One day, in the midst of a hunt, he saw a great stag, pursued it at great length, and before he could shoot it, witnessed a crucifix between its antlers.  Much like Saul or Tarsus was changed to Paul the Apostle, Placidus' experience inspired him to convert immediately to Christianity, have he and his family baptized, and change his name to Eustace.  The rest of his life tells many tribulations (though they are a common theme in many Middle English stories).  Given his hunting past and his conversion, it should come as no surprise that St. Eustace is the patron saint of hunters.

The legend of St. Eustace is not unique to him.  As mentioned earlier, it was a popular theme in  Middle English stories (known there as "The Man Tried By Fate") and was also used to describe the vision of Hubertus (a.k.a. Saint Hubertus).  Sources differ on who the story was attributed to first, but much confusion remains between the two men because of it.  While many works of art have been made of the conversion, like the impressive stained glass window at the Chartes Cathedral, the work "The Conversion of Holy Hubertus," (seen below) by Wilhelm Räuber is almost a dead ringer for the scene depicted on the rifle.



Having evaluated the different engraved parts of the gun, one can now start to put together the theme that the engraver may have had in mind.  The dove and vulture clearly represent life and death, but that message is somewhat muddied by the other two images.  Life and death of what?  The hunter's quarry?  The hunter?  Thankfully, we have the image of St. Eustace/Hubertus on the left side of the frame to clarify the artist's intent.  It is not just the life and death of game, the instrument of which the hunter holds in his hands.  As with the converted hunter, it is the matter of eternal life and death that the artist held so dear.  This conclusion also makes the positioning of the dove and vulture all the more important: the pure dove facing heavenward and the vulture with its image of death and decay also facing appropriately.

But what about the chamois on the left side of the receiver?  How do they tie in to all of this?  They seem to break from the eternal life/death theme to simply depict the game that this rifle would have been used to harvest.  However, I am fully ready to concede that the animal may have a native symbolism in Germany with which this American writer is not familiar.

Hopefully putting together that little puzzle was fun and interesting.  It began with a gun that appeared to have some rather random engravings of a vulture, two weird-looking pronghorn antelope, a dove, and a man kneeling before a Jägermeister deer, but a little investigating revealed some rather unique, beautiful, and profound symbolism.  Turns out that not just the devil is in the details, his counterpart is as well.



The following poem is entitled "Waidmannsheil" or "Hunter's Salute" by Oskar von Riesenthal and it appears unattributed on every bottle of Jägermeister.  I thought it would be appropriate to republish it here with this German hunting piece with its religious undertones.  It reads,

"Das ist des Jägers Ehrenschild,
daß er beschützt und hegt sein Wild,
weidmännisch jagt, wie sich’s gehört,
den Schöpfer im Geschöpfe ehrt."

Which translates literally translates as:
"This is the hunter's honor shield,
which he protects and looks after his game,
Huntsman hunts, as it should be,
the Creator in the creatures honor."

or a bit more artistically as,
"This is the hunter's badge of glory,
That he protect and tend his quarry,
Hunt with Honor, as is due,
And through the beast to God is true."





Item listing can be seen here
Estimate: $3,000 - $4,500
Sale Price: $3,450



-Written by Joel Kolander

Friday, October 18, 2013

Stocks, Bonds, or Barrels?

Ask any firearms collector if guns are a good investment and you're bound to receive a response in the affirmative. It's not exactly an unbiased answer, but it is still drawn from sound personal experience. Besides, wasn't the economy's most recent low spot in 2008? Haven't such indicators as the Dow Jones and the S&P 500 recovered nicely since then? What about gold? I keep hearing about its value skyrocketing.

These are reasonable questions from someone debating on whether or not to invest some money into firearms versus other more traditional investment vehicles. Of course, we're not talking about the stocks of firearms companies as investments (although those are doing quite well for themselves currently), but the firearms themselves. Are guns a good investment? Aren't all the "good ones" taken? Not so fast. Here's some information that might make you think otherwise.


1.  Values Are Up

Gun values are up and it's not just some bubble in the market. Yes, modern sporting rifles (a.k.a. "assault rifles") saw a recent price bubble, but over the last five years the vast majority of guns in their usable life have seen and maintained an increase in value. Guns past their "useful life" and in their "collectable life" have been largely gaining value for decades.

2.  Increasing Gun Values Exceed Other Market Increases

The examples we list below are only the beginning. While their values have increased, and done so at a handsome percentage, other genres of collecting make these look like small gains. Through research and careful selection, one stands to outperform even such vaunted standards at the S&P 500 and even gold! Haven't each of those investments vehicles been improving since 2008? Didn't the S&P 500 just experience a new record high this week? The answer to both questions is "yes," but the right guns readily show larger gains in leaps and bounds.

3.  You Can't Shoot Stocks

OK, so this may not be an apples to oranges comparison, but it's a huge plus to investing in guns. Firearms are useful beyond their investment value. You can display them, you can clean them, you can take them to shows, you can take them hunting with your old man, you can teach a youngster about them, and they're a lot easier to trade than stocks. Truth be told, you may not want to fire a high dollar firearm into which you've invested tens of thousands of dollars as you may harm the value, but many of the other activities still apply.

Guns can be enjoyed in ways other investments cannot. You may hear one collector excitedly telling another about a recent purchase that he has chased for years; you'll never hear that from a day trader. You might hear the pride in a collectors voice as he describes his collection; the only time you'll hear financial experts talk that way about a portfolio is if it makes money. In gun collecting, there's so much more than money, like history and the pursuit. Not only is investing in guns worthwhile financially, you can use them as tools as well as for recreation.

4.  Guns Are Tangible

This section isn't meant to be some "the sky is falling" message about our government or the stability of the world economy, etc. However, there is a lot of risk present to investors today: the Eurozone, a government shutdown, debt ceilings, recessions, defaults, and so on. It is in unstable climates that investors seek stability. One only has to look at the popularity of precious metal commodities in the last several years to know that people want finances that aren't just potentially vulnerable electronic numbers in a bank or on the stock market. People want things they can touch, things that they can hold on to and guarantee its security. Collecting firearms provides that opportunity. You can hold them, they're worth an increasing amount of money, and you don't have to worry about losing them if a bank or market collapses. 

Examples

Now, we're not licensed financial planners or sages of what the future may hold, but we can speak from the experience of selling over 22,000 firearms a year and evaluate some past information in an intelligent fashion. We are not licensed financial advisors.  Please due your own due diligence or contact a professional before making any and all financial decision.  We simply have the good fortune to possess loads of data and we're not afraid to use it. All data that we used to derive the information below was obtained in the following way:
  • We only used guns that are in 95-100% of their original condition
  • We attempted to eliminate as many "special" guns as possible (unique history, one-of-a-kinds, etc) since they can cause larger swings in value.
  • All dollar figures shown are a yearly average.
  • Values for gold, S&P 500, and Dow Jones are year end figures, except for 2013, which uses October 16 as its final day.
Keep in mind, the amount that you bought/sold a gun for may not match the figures that we provide below. Our figures are averages. They take into account many different finishes, barrel lengths, grips, calibers, serial number ranges, boxes, letters, and so on. These numbers are not published to a pricing guide of any sort, merely to indicate a rising trend in value for several of the most popular firearms that we have sold in the last 5 years.










 Last 3 years: 72.68%
 Last 6 years: 183.31%

There's more than a dozen Colt Pythons to choose from in our upcoming auction in varying barrel lengths and finishes.















 Last 3 years: 43.84%
 Last 6 years: 52.78%

This classic piece of American firepower, called "the greatest battle implement ever devised," has also enjoyed quite the rise in value over the last several years. Patton would be proud.















 Last 3 years: 123.52%
 Last 6 years: 107.93%

Colt 1911s have been a proven high riser for several years.  The numbers on the left don't even reflect the high dollar 1911s such as Singers, high condition first year production models, prototypes, and especially not the world record Singer than we sold in 2010 for $166,750.












 Last 3 years: 111.89%
 Last 6 years: 79.95%


There are over 15 different high end Model 12 shotguns to choose from in this auction!  They include two engraved and gold inlaid by Master Engraver Angelo Bee, several trap and skeet grade models, and of course some of the ever popular trench shotguns.








 Last 3 years: -9.39%
 Last 6 years: 52.24%

Despite gold's popularity and media coverage as a high performing investment, it still lacks the gain in value attached to many genres of firearms









 Last 3 years: 36.89%
 Last 6 years: 17.24%


The S&P is finally starting to look like its old self and is actually breaking some records as of late.  However, even considering that record breaking performance the returns still pale to that of numerous genres of guns.













Last 3 years: 32.79%
Last 6 years: 17.75%


Even at its historic highs, the mighty Dow Jones fails to match the growth of collectable firearms.






We could list guns, pictures, and charts for numerous pages, we could also spend an entire month comprising values and breaking them down and making them as specific as possible, but this is not a pricing guide.  What we are doing is drawing trends and averages by looking back at the data from hundreds of sales of the firearms selected.  As with any rise in value there may be a few segments left behind.  Even in a bull market, not every stock gains money or even gains every year.  However, by taking a step back and looking at those trends over a larger period, it becomes easy to see that guns have been a sound investment for quite some time.  This financial benefit comes almost as an aside to most people who buy guns simply to enjoy them, use them, and be a part of that community.  It's yet another added perk to do what you love.

Best of luck in your collecting, investing, and of course, your shooting.