MTAWIL16

Colt Thompson Price help

Location: Texas

8 posts in this topic

I have a very nice colt thompson that I am looking to part with. It has been sitting in my safe for a couple of years and the one time I shot it, it ran flawlessly. only issue is I havent kept up with the going rates of them. it is a auto ordinance corp/ colt 1921. looks like it belonged to the city of warren police department. Was planning to put it in an auction but would love if some of yall could give me an idea of what it is worth. sitting on a form 4 in Texas

 

sorry about the photo quality. taken with my phone 

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my amateur opinion of your 1921AC would be a low of 30k to a high of 40k- and on auction maybe more

I think we could narrow down this range to if you had nicer pics , and closeups.

I like the honesty and expertiise of Morphys Auction. They have a class 3 specialist named John Keene

I suggest you call him at 877 968 8880 ext729 you will thank me for that

regards

Haris

Edited by Greasegunner
typo
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My dealer friend just sold one with alot of extras and a drum on gunchoker. Started it at a 1.00. It was made in 1943. It ended at 24800.00

30 to 40 seems way high. Auction houses might bring more, but it takes months by the time you send it to them and to get paid. Then they hit you.very hard with fees. 

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1 hour ago, kirk in wisc said:

My dealer friend just sold one with alot of extras and a drum on gunchoker. Started it at a 1.00. It was made in 1943. It ended at 24800.00

30 to 40 seems way high. Auction houses might bring more, but it takes months by the time you send it to them and to get paid. Then they hit you.very hard with fees. 

Apples to Oranges,Kirk....No disrespect intended But there were only 15,000 colts made from 1921-1922 and way less in the NFA registry

than the wartime ones which were made by Auto Ord and Savage, not by Colt

Your friend had a 28a1 and there were approx 500,000 of them roughly and the wartime guns go from 18,000-25000

generally. 

Edited by Greasegunner
correction

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1 hour ago, kirk in wisc said:

My dealer friend just sold one with alot of extras and a drum on gunchoker. Started it at a 1.00. It was made in 1943. It ended at 24800.00

30 to 40 seems way high. Auction houses might bring more, but it takes months by the time you send it to them and to get paid. Then they hit you.very hard with fees. 

There’s a big difference between your friends WWII gun and a Colt Thompson. I’m just starting my Thompson search but I would consider $30k a steal for this. 
 

EDIT Sorry Didn’t realize GG addressed this.

Edited by Hazegrey556
Addition

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NO 3789 does look like a nice 1921AC Thompson in the low resolution pictures. The biggest detraction for most buyers is the engraved receiver, though it is tastefully done. I am assuing the frame and receiver match. The finish and barrel are the next consideration. Finish is near impossible to judge via your iPhone pictures. A close-up of the barrel and index lines would help with the barrel. However, the bore needs a good inspection for rings and this really has to be done in person. A ringed barrel is a big deduction. The wood looks correct but I would like to see more pictures of the butt stock. Those in the Thompson community know the exact places I want to see on the butt stock and gun.

The 1921A seems to be the hot ticket in the Thompson community this year. The 1921ACs and NAVYs are a close second but condition is key with any variation.  I would think a retail price would be somewhere in the mid-30s if the barrel is correct and without issues. Again, the engraving may cost you interested buyers or result in a lower price. I don't know a Thompson collector that wants engraved Colt's. A dealer will probably offer much less, especially with the engraved receiver. A lot will depend on how well you understand the product (pictures of the parts that show 100% originality) and how you market it. These are the areas you control.      

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these days it seems any complete CORRECT COLT 21 AC has no problem pushing $40k and some a tad over.  YES the engraving can be an issue along with any other faults . this year POULIN had 2 examples that had a hard time just over $20k the lowest had SAVAGE wartime internals and the other a replacement barrel . BOTH SERIOUS FAULTS.  THE  HOT TICKET IS THE NO COMP 21-A . very hard to find in decent condition.


I only accept postal money orders. contact me DIRECTLY before sending any funds                                           email  myoldiron@outlook.com        

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