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Hot Topic (More than 10 Replies) Of Farrows & Lee Navys, or "It is what it is" (Read 6605 times)
waterman
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Of Farrows & Lee Navys, or "It is what it is"
Apr 23rd, 2008 at 6:13am
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I've been following yesterday's (4/20 & 21) exchange of posts Re: the Farrow rifle in the For Sale section. Coincidentally, I received the May 2008 issue of the American Rifleman yesterday.  On the back "I have this old gun" page, the writer discusses a Lee Navy.  It's not a Single Shot, but there is a point to be made.  I've been interested in the Lee Navy for over 50 years.  I've looked at scores of them over the years.  The writer says the rifle in the photo is "NRA Fair", with 50 to 60 % of original finish.  I disagree.  I have never seen a Lee Navy as nice as the one pictured.  I have seen photos of 2 Lees that looked that good and both were advertised (correctly, IMHO) at 95 %+.  The rest that I have seen were in far worse condition, but are usually advertised as in "NRA Good" condition.  The writer cites the 28th Ed. of the Blue Book of Gun Values and says that a military Lee Navy in 60 % condition is worth $1,000, then ups the value to $1,500 on scarcity.  The writer then goes on to say that one of the 54 rifles recovered from the USS Maine would be worth 4 times that amount.  Flayderman (9th Ed) says the Lee Navy musket is worth $950 in VG and $2,000 in Exc. condition.   

All I can say is that I have been tracking sales of Lee Navy Muskets over a long time and tracking them intensively for the last year and I think the experts are wrong. Last December, I went to the Reno gun show with $2,500 in my pocket.  I went especially to get a Lee Navy.  I saw 2 for sale.  One of the USS Maine rifles went for $35,000.  I was offered one in legitimate "NRA Good" (or maybe worse) condition for $4,000, which I declined.  The rifle pictured would easily bring $3,900 and quite possibly something in excess of $4,000.  The average rifle, much used by the USMC and certainly no better than NRA Good, is selling for $3,250 to $3,500.

In the Technical Q&A section of the May 2008 issue of AR (page 42) someone asks about restoring a 1915-vintage 1903 Springfield to original condition.  The Technical Editor advised the guy to forget the restoration and that "it is what it is".  The Rock Island Arsenal WW2 rework changed the rifle too much and restoration was impractical.

What does all this have to do with a Farrow?  Read the Farrow thread.  Flayderman's 9th Ed says a Farrow No. 1 in VG condition is valued at $4,000 and in Exc. condition is valued at $10,000.  Are they selling for that?  I don't know, but to support such values, a Farrow must have a Farrow barrel, one of the 14 groove jobs, in near perfect condition and all the rest of the bells & whistles.  Lacking the Farrow barrel, "it is what it is".
  
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MI-shooter
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #1 - Apr 23rd, 2008 at 12:34pm
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I wish I could sell guns for what these price guides suggest. Like real estate where location, location and location seem to matter most, condition, condition, condition in guns seems to rule the prices. Once you get above about 80%, price changes dramatically. Unaltered original guns in lower conditions usually beat out altered higher condition guns. pricewise, at least that is what I have found. Like I think JD says, what matters is the money that actually change hands. Auctions, like Ebay, count on two or more people that want something at any cost, and bid until everyone comes to their senses and quits bidding, except for that one "lucky" person. I have a different approach. What am I willing to pay for something and that is it. If it goes for more too bad. I hope the winner enjoys it. If you can wait long enough, you will find it in your price range. Anyway, thats my story and I'm sticking to it!
  
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J.D.Steele
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #2 - Apr 23rd, 2008 at 3:42pm
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MI-shooter wrote on Apr 23rd, 2008 at 12:34pm:
I wish I could sell guns for what these price guides suggest. 
I have a different approach. What am I willing to pay for something and that is it. If it goes for more too bad. I hope the winner enjoys it. If you can wait long enough, you will find it in your price range. Anyway, thats my story and I'm sticking to it!


Amen. Regards, Joe
  
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Ziggy
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #3 - Apr 23rd, 2008 at 9:14pm
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You want to see a good example of what MI-shooter said go to a cattle auction and watch a first time bidder trying to get a show steer for his son or daughter.
  
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marlinguy
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Ballards may be weaker,
but they sure are neater!

Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #4 - Apr 23rd, 2008 at 10:30pm
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I wish I could buy every Ballard I wanted at prices listed in Flayderman's! I know he's often high on some models, but I've yet to see a Ballard sell for anywhere near what his estimates are.
I do agree, that in order to get Bluebook prices, or Flayderman prices, the gun should be original equipment, and not relined or rebarreled. I've owned enough nicely redone singleshots, and they never seem to have any resale value when the barrels are replaced or messed with. (unless Pope, Schoyen, etc. messed with the barrels! Wink)
  
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1878
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #5 - Apr 24th, 2008 at 10:22am
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The attitude of many collectors/shooters towards restored guns has interested me for some time.  It is by no means universal to collectors:  ask me which I would prefer, a really nice Indian Sport Scout restoration or an "as found" barn bike.  I know which bike the market prefers.  Yet it seems like many gun collectors would rather have a dug up example.

I am not advocating tearing up scarce original guns in rare configuration and in good (or better) condition.  But just what is wrong with rebarreling a plain jane example.  Am I wrong in thinking that a Smith or Krieger barrel is as least as good as anything that was made on a foot powered lathe?  After all, the original owners were not playing with a bunch of old stuff.  The shooters of the 1870's - WWI went down to the club with nice new rifles.  I like machinery, as machinery, and I want mine to be in fine condition.

I am not trying to just stir the pot here, I really don't get it.
  
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thop
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #6 - Apr 24th, 2008 at 11:34am
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I am not a collector, although I would be if I had any money, but I can understand the attraction of a gun that was made in the late 1800s and has survived unmodified or molested for over 130 years.  I sometimes place my government model Borchardt  on a gun stand and marvel at how it survived all that time without falling victim to a well meaning enthusiast who might have converted it to sporting use back when they could be had cheaply.  On the other hand I have a nice 03 Springfield that I bought in mint surplus condition in '64 for $60 dollars and immediately sporterized it because that was the cheapest way to get a sporting arm of the day.  Gun magazines and home gunsmithing books (not to mention Howe's Modern Gunsmithing) were full of articles describing conversions of these rifles to sporting configurations.  I just barreled my Springfield up in .35 Whelen recently and restocked it for the third time.  You should hear the chastising comments I get about defiling valuable vintage military piece to make a custom sporter.  Many of these things are driven by the philosophy of the time and are hard to fathom 100 years later out of context.  THOP
  

thop
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Brent
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #7 - Apr 24th, 2008 at 11:47am
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To a degree, I like original rifles, I own on totally original English double rifle and one totally original Ballard Pacific 45-70, right down to the ramrod.  But it is also totally necessary that these rifles shoot.  And, the latter does not.   At least I cannot make it shoot.   

So, I was going to reline it and I sent it to Dave Casey.  He did not want to do that to it.  He offered to buy it for a friend, and he would have relined if if I had insisted, but what he did do is take it out to the range and throw 5 shots down to 200 yds and they grouped at about 5".  So, I said, "send it back and I'll give it another go."  Which I have been doing and I continue to have trouble holding the paper with this rifle.  I am only interested in shooting paper patched bullets in it and Dave shot groove bullets.  So, maybe that would fix it for me but I don't want to go there.   

That leaves me stuck with an original rifle that is useless to me, probably should not be rebarreled to keep the collectors happy, yet it isn't a pristine rifle either.  On the other hand, I really want an original hunting rifle.  A rebarreled one is not nearly so attractive to me as a relined one though.   

So, I'm not really sure why folks are so adament about complete originality, but then, I seem to have the same bug creeping up on me too.   

So, I'll continue to try to find a shootable load for the Ballard, but if anyone has an interesting original Pacific in elk-killing calibers (.45 preferably) that shoots and might be interested in a trade or something like that, I be presuaded to sell, trade or something.  Meanwhile, I am just baffled.
  
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bushka
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #8 - Apr 24th, 2008 at 5:06pm
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As far as singleshots go,for me at least,re-lining the barrel on good to very good is acceptable.
So is rebarreling on same originals that have had oldtimey gunwork done on them [besides POPE,etc.].

Take a walk thru a museum and gander at stuff 400 years old and try to say it was never tweaked a little.
  
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Richardwv
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #9 - Apr 26th, 2008 at 10:26pm
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There are collectors that look at specimans hanging on the wall and there are shooters where the rifle either shoots well or it doesn't.  I shoot my rifles and frankly shy away for paying for pristine examples because it likely isn't going to stay that way in my hands.  My rifles see rain and snow, which is no way to treat a museum piece...which is why I favor the rifles that have lesser finishes or have been messed with.  They cost less and frequently shoot better.

Now I do own a few really nice examples, but they stay in the vault for fear of screwing them up (Those who have put the first scratch on an original 120-year old rifle know what I mean).  Over time I've come to realize this concern has largely defeated the reason I bought them in the first place.    I buy to shoot and will let my estate worry about collector value.
  
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marlinguy
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Ballards may be weaker,
but they sure are neater!

Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #10 - Apr 26th, 2008 at 10:52pm
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I think many old singleshot rifles were "tweaked", and some of them are worth a lot more if the right guy tweaked them!
I personally would also love to own just totally original singleshots, but realistically I can't. The ones that have some problems or are in need of TLC are more within my price range. 
I do own some that are 100% original, but the ones that were modified many years ago seem to tug at my heart strings more! When I see something that an earlier owner changed to personalize or make it shoot better, it just talks to me!
  
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J.D.Steele
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #11 - Apr 27th, 2008 at 9:55am
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Automobiles and motorcycles are restored and rebuilt and no one thinks much about it, but guns are different. Autos and such are expected to be used regularly, even daily, and some of the parts are expected to wear out fairly soon in the article's (and the owner's) normal lifespan. Not so with guns, they are expected to be used only occasionally and to last many lifetimes before any part needs refurbishment. An auto with parts in worn condition merely means that the previous owner was too poor to have it serviced, but a firearm in poor condition carries the implication that the previous owner abused it. Ergo a portion of the condemnation of the collectors.

I shoot all my guns, and won't own one that I can't shoot. Don't have the shekels to afford the mint-condition originals but I don't hesitate to hunt with even a just-completed custom in perfect brand-new condition. It's eventually gonna get scratched anyway if it gets used at all, and I figure why try to preserve the looks at the expense of the (my) enjoyment of use?

I remember many years ago when I bought my present F-250 4x4. Brand new, bright and shiny, absolutely pristine inside and out. I immediately took it to the woods and of course it was no longer bright and shiny when it came out. The husband (not a hunter or shooter) of one of My Bride's friends commented on the new scratches and all the gumbo mud all over my new shiny truck and how it was just such a shame that it didn't look new any more and wasn't I sad that the condition had suffered and now it looked like just any other truck instead of a brand-new one and he just went on and on about it ad infinitum, ad nauseam.

I explained that I bought the truck so I wouldn't hafta walk for miles through the mud and swampy undergrowth. That I would probably own the truck for at least 10 years and that it would get used, as a 4x4 pickup, regularly and occasionally almost abusively. That the truck was a tool, not a museum piece or a collector's item. That any braggin' rights it carried with it were because of its capabilities & performance, not because of its condition.

Kinda like Harry's famous 'dog-fight' rifle; the looks are immaterial if the performance is there. That's one man's opinion, FWIW.
Regards, Joe
  
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Hey Joe
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Re: Of Farrows & Lee Navys, or "It is what it is"
Reply #12 - May 1st, 2008 at 6:09pm
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A solution to the barrel is to get a new barrel with the same profile and put a thin blue on it. Have a great shooter that can become unrestored again when desired.  Badger barrels and relining cost about the same.  Have it both ways.
  
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