53OTG & 55OTG Blade Lifters

Codger_64

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53OTG & 55OTG Blade Lifters


Any of you who have been here any time at all know me well enough to expect me to give a bit of background and research on a new Schrade when I acquire one. And sometimes on knives I want to add to my small collection.

Not long ago, I bought my first knife from the Old Timer lockback series, and have since added a few more. I now have a LB1 (UH), 3OT, 5UH, 6OT, and 7OT. I haven't gotten a 5OT yet, but I do believe there are one or two out there.

I recently bought a 55OTG, one of my "gotta-have" knives. Like most of my purchases, it was a target of opportunity, and I managed to get a good deal on it.

The 55OTG lockback had no real name other than the "Blade Lifter" when it was introduced in 2002. Rather expensive at the time, it was listed at a MSRP of $43.95. It was only produced for two years, discontinued after the 2003 catalog.

Made on the frame of the 5OTG "Green Bruin" linerlock, it was 4" closed, had a 2 7/8" drop point blade with a thumbstud, brass front bolsters and pins, and green sawcut delrin handle with brass "Old Timer" shield. Like the 6OT, it had a brass lined thong hole.

A smaller version, the 53OTG introduced at the same time (and discontinued at the same time) was 3" closed and had a 2 3/16 drop point blade with the thumbstud.

Good news for those who like stainless Old Timers, the 53 and 55OTG's had Schrade+ stainless blades, though the 55OTG was initially listed as having a high carbon blade. Perhaps some of the first ones did indeed use carbon blades, but the catalogs were often filled with detail errors.

In 2003, the 55OTG was called the "Bruin EXT" and the 53OTG was called the "Bearhead EXT". The predecessor 5OTG was first listed in 1991, and was discontinued after the 2002 catalog year.

Several other slipjoint, lockback, and fixed blades had been made over the years with green sawcut delrin and brass bolsters, liners, pins and shields, most notably the factory special orders for the Skoal tobacco promotion. I must admit, the green and brass is a handsome combination.

Both the 53OTG and the 55OTG, having been only produced for two years should find their place among future scarce Schrade collectables. Right now, because of the relatively short time since they were discontinued, and the market glut of factory stock being dispersed, they represent one of the better values out there.

A display of green and brass Schrades would include a nice array of patterns, and be a worthy addition to any Schrade collection.




Codger
 
I have both the 55OTG and a 53OTG. I really like the 55 but the 53 is a little small for my hand. The 55 makes a great EDC. Besides that it is beautiful. Thanks again Codger for some more interesting Schrade history.
 
I think the 55OTG was a great design but it must not have sold. The only thing I would change is the chisel ground blade......it looks out of place on an Old Timer.

Another recent production but short production run was the 24OTX. I am surprised they aren't going for more then they currently are.
 
Philw, I think they are underpriced too. They were a special order for Wal-Mart, I think, and not all Wal-Marts received them. They don't appear in the catalogs, so it is unclear exactly when they were produced. From mid-'03 to mid-'04 is just a guess. And yes, the black and brass looks good too. The 24 OTX was the only slipjoint in the X-Timer series, but the black and brass Copenhagen tobacco knives display well with it. I tried it with my X-Timer display, and it looked out of place with the TPR handles & blackened blades.

The size of the 24OTX is the same as the 33OT Middleman Jack, but made slimmer by mounting the pen blade on the opposite end from the clip blade, allowing the use of a single center hinged backspring ( like on the 104OT Minuteman). Blade lengths and styles are the same as the 33OT.

I like the blade coating on them too. I keep reading that it is Titanium Nitrate, but not seen any Schrade factory confirmation on that.


Codger
 
I recently acquired an Uncle Henry 55UH which is very similar to the 55OTG in that it has the lanyard hole and the liner lock but it is minus the thumb stud. I've noticed that the 55UH is not plentiful on Ebay. I'm wondering if it was produced about the same amount of time as the similar 55OTG.
 
SwadeBlade said:
I recently acquired an Uncle Henry 55UH which is very similar to the 55OTG in that it has the lanyard hole and the liner lock but it is minus the thumb stud..
Both the 55UH and 5OTG were variants of the 5OT which was a slow seller. The 5OT was dropped as an independent model after 1998 before those two were introduced. And the 55OTG was one more effort to boost sales of the 5OTG by adding the thumbstud.
SwadeBlade said:
I've noticed that the 55UH is not plentiful on Ebay.
The 55UH was introduced in 2002, another crossover of an Old Timer pattern into the Uncle Henry line. Schrade had been successful in the past at boosting pattern sales by using the Staglon handles, so they hoped to do it again.
SwadeBlade said:
I'm wondering if it was produced about the same amount of time as the similar 55OTG.
Yes, both were attempts to boost sagging sales of the pattern.

While the 5OT blanking dyes, handle molds, assembly nests and jigs were not Schrade's most expensive, they were not cheap either. Strapped for money during a big expansion and ramp up of a ship*-load of new patterns, I am sure they were looking at every avenue to squeeze a few more dollars in profits on existing tooling. As history shows, it was not long before the ship hit the sand anyway.

Once again, nearly any Schrade knife with only a couple of years in production will in time increase in collector value in my opinion. And the "5" series is not expensive, still well below their MSRP, so if you are going to get, right now the getting is good. How high will they get? I have no idea, but I expect that they will eventually rise to their last MSRP, which few patterns have done so far.

As you may notice, I am not an investor, dealer, or big time ( or even long time) collector, and I do not have a book published. All my opinions are just that, my opinions, and from a small time collector viewpoint. B. R. Levine I am not. All I do is gather research, juggle numbers and facts, and when possible, examine the knives as finances allow.

Codger
 
Its good to know about the production dates on these knives, the store where I get some of my Schrade's has both models in stock. I wasn't going to buy these, but now I'll have to reconsider.

Reason I wasn't going to get them was I'm a lefty and these are strickly a righty setup. I suppose in a decade or so I can trade or sell them for something nice.

I also have a 24OTX, NIB, from chi-mart. Close out price was 6 $ a year ago. Nice little knife that will either go to one of the kids or just appreciate for a while.
 
I was never happy with my 24OTX, issues with fit and finish, after beating up the tang on the main blade to get the springs flush when open and trying my hand at filework on the spines, I ended up disassembling it, it is good to show how the keyhole construction works.

I 've had a 3OT and a 5OT for a good while, I really like these ones, nice flat little lockbaks without a "tactical" look, good users too.

Luis
 
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