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Posted by Dick Hosmer on Thursday, 1 January 2015, at 9:47 a.m., in response to Appraisal, posted by Scott Irvine on Thursday, 1 January 2015, at 8:41 a.m.
It's tough to put a value on a gun without seeing it, and it is tough to place a value on cadets in general. They are scarce, some (like the 1867) actually rare, but usually under-appreciated. I have met several collectors who have no use for them because they "weren't really fighting weapons". Honest.
Also, being scarce, it is not easy to find comparatives here, or on Gunbroker, etc.
To me, history is history, and with a scarce artifact there is value no matter what. I have owned 3 or 4 1869s over the years, and still have two - the latest in quite nice shape, was purchased about ten years ago for $600, which I felt was a great deal (but it was late Sunday - dealer panic time - at a major show).
If this is for insurance, I'd list it at $2000 - if you are thinking of a sale, about half that. "Not in great shape" will hurt you. Even the guys who like them want decent condition, and not many people shoot them so that (unlike a .45-70 with mint bore) the fact that it shoots is not a huge plus.
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