8mm Hakim Advise Needed

[Shiloh]

Here's the skinny on this one. I went to my local Big Boy toy store and ran across a Hakim 8mm. I love old guns with wood and iron so I gave it a good looking over. The stock is in pretty nice shape with minor dings and dents. Nothing really to shake a fist at. It's also still a lighter oiled color compared to some I've seen which are kinda grungy. The bluing, over all, is in really good shape. Doesn't honestly look like its been used much at all. It does have it's mag but no sling. I've been researching this gun and found history on it but I can't seen to get a reasonable value. They seem to be all over the board when it comes to asking price.

My question to you all is: Would $695 be a good deal for an 8mm Hakim that is in really nice shape?

I wish I had some pics but unfortunately I cant due to the stores policy. If it works out that I do get it, I will certainly share pics though.

[huntingsocal]

I've been on the hunt too and I can tell you that there have been several nice examples on gunbroker that have NOT been selling at the starting price of $700 and have been relisted several times at the price with no bids

The ones that do move seem to go closer to $600 but then again I consider it a bonus to be able to inspect thoroughly and handle the rifle.

There's a gun shop in Laguna that has been relisting a Hakim over and over again on gunbroker and last time I checked I think they had a buy it now of $695 and no takers

[Shiloh]

That's kind of what I've been noticing too. I was told it was on consignment and it has been sitting there for a couple weeks now. I wonder what would happen if I offered $100 less, just to see what happens?? I just wasn't sure it that would be a reasonable offer or a slap in the face and didn't want to find out the hard way.

[huntingsocal]

I think $600 is very reasonable and I've been watching the market on them pretty closely this year

[Shiloh]

I went back yesterday and spoke with the gentlemen about making a deal. They told me the original owner wanted to wait three months before someone can make an offer. I went back and looked at the rifle again and noticed I was off on the cost. I had thought it was originally $695 but found they were asking $595. I was also there to finalize a Charter Arms AR-7 deal but found I had to wait a couple of days for it to clear before I could DROS it sooooo I though why not put them both on one DROS and save $25?? I decided to put a down and set it aside on layaway until I can DROS them both.

[19K]

consignment guns typically go for more because the store takes a cut of the sale. in order to compensate for that, the seller usually raises their price in order to get the money they really want.

ive seen 20/80 splits, so keep that in mind.

[huntingsocal]

Sounds like a fair deal, nice find. They certainly don't show up much other than on gunbroker from what I've seen

[Shiloh]

Yeah, I was watching a video of a FFL dealer explaining how they don't make much, if any, off new guns. Their revenue will come by other means such as accessories, used guns, and consignments.

I'll post pics of it as soon as I get it.

[Sutcliffe]

Pretty interesting weapon

Heavy as a boat anchor, but accurate.

[Discogodfather]

Pics would help, basically the Hakim's weak point is the heavily sanded and varnished stocks. Originals are very hard to come by in good shape.

The Egyptians built these using tooling licensed and set-up by the Swedes (based on the AG-42 Ljungman) with Swedish advisers training the labor force and inspecting everything. They are definitely worth owning and where used in the 1967 and 1973 wars, as well as being used by the Egyptian police. Most original stocks have a brass unit disc with Arabic script.

I have an older beater and it is violent with 8mm and direct impingement! The weight helps but its still brutal, especially with old ammo. Lots of gas and smells. The Ljungman is much nicer to shoot in 6.5.

[RogueSniper]

I'm trying not to hijack this thread but what should I be looking for when shopping for a Hakim?

I just found one at an LGS, stamped "Fabrique Nationale" on the receiver along with Egyptian stamps. Wood stock, brass buttpad. Nice bore, used but not pitted. Looks clean with the heavy black paint the Egyptians love (ie. Maadi AK). $950 Is it worth the $950? That seems high.

[fal_762x51]

I'm trying not to hijack this thread but what should I be looking for when shopping for a Hakim?

I just found one at an LGS, stamped "Fabrique Nationale" on the receiver along with Egyptian stamps. Wood stock, brass buttpad. Nice bore, used but not pitted. Looks clean with the heavy black paint the Egyptians love (ie. Maadi AK). $950 Is it worth the $950? That seems high.

Sounds like a FN49.

[Discogodfather]

I'm trying not to hijack this thread but what should I be looking for when shopping for a Hakim?

I just found one at an LGS, stamped "Fabrique Nationale" on the receiver along with Egyptian stamps. Wood stock, brass buttpad. Nice bore, used but not pitted. Looks clean with the heavy black paint the Egyptians love (ie. Maadi AK). $950 Is it worth the $950? That seems high.

That's not a hakim, it's an fn-49, the Egyptians used them before the Hakim. For ghats rifle look at the stock. If it new with a brass or plastic button plate it's a century rebuild. If it has worn wood then it's original. Numbers should match. Prices range from 700 up to 2000+ if the Arabic script on the wrist of the stock [by the action] and the unit disk is intact, all in great condition [but this is very rare].

The Hakim is a much different animal, totally different gun.

[RogueSniper]

Worn stock, medallion, proofmarks. Egyptian marking on the sights. Everything was intact.

So not a Hakim, it's a FN-49. Is that good?

It was much much nicer than this one on GB:

http://www.gunbroker.com/Auction/ViewItem.aspx?Item=553665783

[Discogodfather]

Yeah, they are fantastic rifles. They were made in Belgium under contract with Egypt in the late forties and early fifties. They are very accurate and very finely made. If you had some pictures I could tell you exactly what it was worth.

Between the Hakim and the FN 49 I would definitely take the FN 49 over the Hakim. They both use the Browning breech lock design but the FN 49 which is the precursor to the FAL is a much better built gun with a short stroke gas system. The Hakim is more for eclectic collectors.

The link to the TV auction shows one of the century we built these were bought from Egypt in the nineties and restocked by Century Arms and they used a reproduction Walnut stock which is very nice when they ran out of brass but but pads they used plastic ones. I would say they are worth about $650 to $850 depending on condition. Most of the originals with an original stock are going to be pretty beat up so the only higher price variant would be a good condition original stock with brass unit disc for around $1,000 going up to $2,000. If you just want an original Theatre which usually has a very rough stock and rough metal those go for around 400 to $700.