Modern replica 1860 colt yields $3000

[Darto]

Maybe Beavis and Butthead were the final 2 battling.

https://www.gunbroker.com/item/972768716

[Alan Block]

Weren’t those made in Italy for Colt?

[prob]

You know the old saying about a fool and his money…

[AR22]

I do not know what the Pistol is actually worth..But I would say way closer to 900.00 than that price..LOL

That Lock Stock & Barrel get prices way, way beyond what anyone else gets for the same identical thing..I think there is some funny stuff that goes on..That is all I will say..I do have an explanation for what they are doing..But will not share it here..

[NapalmCheese]

The 2nd and 3rd gen Colt's are considered actual Colt's. The 3rd gen stuff is generally less desirable, but people still collect them. Colt had a subsidiary company source raw parts from Uberti, then fit and finished them int he US with final inspecting by Colt at Hartford.

I had an opportunity to handle an original 1851 London Navy and a 2nd gen 1851 and 1860. The grip is not the same, but the fit and finish on the 2nd gen stuff was top notch.

[THBailey]

A little history concerning the Colt Signature Series.

https://www.americanrifleman.org/content/i-have-this-old-gun-colt-3rd-generation-signature-series-1851-navy/

[The Gleam]

I do not know what the Pistol is actually worth..But I would say way closer to 900.00 than that price..LOL

That Lock Stock & Barrel get prices way, way beyond what anyone else gets for the same identical thing..I think there is some funny stuff that goes on..That is all I will say..I do have an explanation for what they are doing..But will not share it here..

Not a fair claim in the slightest when just 14 days ago, another gun JUST like this one, went for only $755.00 with 21 bids on a nearly identical Lock Stock & Barrel Auction.

https://www.gunbroker.com/item/970377325

https://www.gunbroker.com/item/972768716




I've also see some guns in their auctions go for a lot LESS than what would be the norm, on nearly identical guns from different auction groups, just weeks apart.

Nothing crooked or 'funny'; the actual factor is that they are one of the top sellers on Gunbroker by both quality, reliability in accuracy of their descriptions, large number of quality photos, trustworthiness of their customer service and care in shipping and handling, excellent feedback/history - and sheer volume of offerings, and thereby will have the greatest number of followers as well as followers that will tend to be collectors with more money than sense.

That inevitably leads to heavier bidding and more competition between bidders, no matter how irrational such bidders get during a bidding war, and no matter how much they may be misinformed.

I've seen this occur with Rock Island and Morphy's too, but not so much with lesser known auctioneers like Gunslingers or Carol Watson's, or others that use 'Proxibid' as their auction venue.

I've seen more than a few stupid, irrational competing high-bidders on various auctions over the years, who just happen to be genuine, but there is nothing one can do about the naive or misinformed, which is exactly what is being pointed out.

For that matter, some bidders just have weird personal reasons about the gun itself as to why they bid to astronomical limits, with money being no object.

I suppose I've bid higher on guns over the years if it was a serial number just one digit away up or down of a model of gun I already had, or it was the one missing example of a group of certain guns in a rare production series that I did not have.



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[pitfighter]

Not a fair claim

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Agreed - have recently got some SMOKING deals from LS+B auctions.
I have also over paid to buy from them, they're close to me for pick up, and honest and quick.

I've had a rash of irritating GB experiences, and now tend to stick to trustworthy buyers and sellers.

LS+B have definitely been an honest outfit for me, without any nefarious special abilities.

They photograph well (pay people to do it well), and describe honestly (have people they pay to research and write without spelling mistakes or boring/dishonest hyperbole), and have a huge follower-base. They work hard (meaning they pay someone to do this on line work for them) to keep buyers interested and up to date on upcoming auctions. Like the gray blanket seller, it's frustrating if you're competing with them or want to sell your firearms for the same price, but, it's a business for these guys, not just a fun pass time.

Just my 2 cents of course - which is likely worth less than 2 cents.