Value of CMP Collector Grade today?

[DeWayne Hayes]

Hi guys,

I'm in the market looking for a CMP Collector Grade M1.

What, in your opinion, is an upper-end price for a really nice looking Collector Grade these days? When I say "nice looking" I mean good-looking wood set, minimal dings and gouges. Not "Unissued Greek Return" nice, but pretty close to that. Something like a 5.8 mil Springfield, nice wood.

Just trying to get a feel for what the market is these days as I've been out of the gun-buying world for several years, but my gun collection was stolen a few years ago, and I'm looking to replace a few icons, like the Garand.

Thanks,
DeWayne

[dryheat]

Expect to pay at least $1000.

[lyman]

Expect to pay at least $1000.

really?

depends on the maker, likely 2x's that

[High Plaines Doug r]

Look at Gunbroker. There's not a complete Garand in there for less than $900; nothing you'd want to own as a beater for less than $1200, shooters start about $1500. Collectables look like they start well over $2k. It's not a hobby for the faint of heart.

[DeWayne Hayes]

Yeah, I'm thinking more like $3k for a really nice one, no?

[lyman]

Yeah, I'm thinking more like $3k for a really nice one, no?

depends on the maker, and year and correct as in all the bits and bobs look like it was there when made,
that will be a bit higher than a restoration collector grade,

[dryheat]

Yeah, I'm thinking more like $3k for a really nice one, no?

You don't want to be known as the guy who paid three grand for a "collectable". I can't think of a Garand rifle anywhere I've seen that could command $3K. You aren't worthy. You aren't even allowed to park next to the building where it's at.
I've seen GB Garand's approach 3K. Can't recall which one that was. But, buying a "collectable" is a path that you don't want to follow right now. Of course if you have money to throw around it just helps the community. I'll stick with my OP: you can't get a good Garand off of GB for less than 1K. You can pay 1.5K and get a field grade. My advice: stay up late and watch GB for forty hrs. and get a feel for it.

[lyman]

You don't want to be known as the guy who paid three grand for a "collectable". I can't think of a Garand rifle anywhere I've seen that could command $3K. You aren't worthy. You aren't even allowed to park next to the building where it's at.
I've seen GB Garand's approach 3K. Can't recall which one that was. But, buying a "collectable" is a path that you don't want to follow right now. Of course if you have money to throw around it just helps the community. I'll stick with my OP: you can't get a good Garand off of GB for less than 1K. You can pay 1.5K and get a field grade. My advice: stay up late and watch GB for forty hrs. and get a feel for it.

for $3K you will find some of the more rare varieties,

for over $3K you will find D's C's and a pile of NM

[DeWayne Hayes]

To be fair, I count three Collector Grade rifles on GB at the moment, two of which have starting/minimum bids set at $2,500 and one is sale only at $3,999.

A few Correct Grades all over $2,500.

I don't think my $3k notion is out of whack. May be more than you feel they're worth, but I don't see them for sale at $1,500 or even $2k.

[dryheat]

I see loads of Garands on Gun Broker that are asking over $1500 but are they selling? But no, I still don't think you will pick up any Garand on GB for less than $995. (Mostly)people know the market. The sellers of $2500 rifles are counting on the "Greater Fool theory". But there's too many of them out there for that to work very well. They paid $650 -750 for that CMP Garand, they will make a profit eventually.
NM, maybe. D and C's @ $3K just sit there.