Another 2OT on eBay...

[Codger_64]

No, this is not "Auction Spotting". The auction is well over and done with. It is an attempt to share current market prices of a fairly uncommon and desirable early Old Timer knife with fellow collectors who like to keep up with such.

http://cgi.ebay.com/SCHRADE-WALDEN-...5QQihZ014QQcategoryZ48817QQrdZ1QQcmdZViewItem

This knife is admittedly "lightly cleaned", whatever that is, but still went for US $387.06 back on the 7th of this month.

I believe at this price level the pattern is selling well above it's actual value. Perhaps it is time to unload the two dozen NIB boxes I have stashed. Will that crash the market? Should I clean them first? And what would the box and papers be worth?

Michael

 

[p1123]

Michael those are good looking knives, I have never collected Schrade except in the Walden and older. Do you think the $387.06 is a realistic price or a fluck? I don't own a 2OT and would like to get one. Wish I would looked at these knives earlier.

p1123

 

[ea42]

Micheal,
I was watching that one myself, lost interest pretty quickly once it went well north of $200. Heck at that price you'd probably get $600 for your MIB . A better value was that Ted Williams, nice snag:thumbup:

Eric

 

[rprocter]

Michael, why not release 1 every 6 months. that'll give you a little pocket money for the next 11 1/2 years (assuming you keep 1 for yourself) ! roland

 

[Rusty1]

It looks like I will not be adding this particular model to my collection anytime soon not at those prices, Oh well, live in hope to find one out there somewhere that has a more reasonable price tag

how much were they new?

Rusty1

 

[Larry303]

Beauty, condition, and perceived rarity are an individual decision. I feel the knife was priced right and I was the runner up and immediately congratulated the winner who is a knowledgeable knife man.
When will you see another in that condition? I would rather that knife representing part of Schrade knife history than half dozen average other patterns totalling the same price. Besides I was just trying to adopt a little brother for my other two.
Just an alternative opinion and I dont think they will get any cheaper when presented on Ebay if any do. Hoo Roo

 

[Codger_64]

Very true that value is an individual ideal. Will the next one sell for double? Triple what this one sold for? The Total production for the five years 1959-1964 was 16,921 pieces. What has been the atrition rate on these knives? Do 10% of them remain in private hands? Are 10% of those nearly unused? The first group, knives existing would be 1,692. The second group would be 169 pieces to satisfy all of the collectors worldwide.

Taking the same figures for the Sears Roebuck & Co. SFO (#9530, made in 1959 only) which I showed some time back, there would be, of the 780 pieces shipped, 78 existant, and 8 in near new condition. Seven not counting the one in the Codger Collection. In terms of rarity, it is much more scarce than the Schrade Walden 2OT. But in desirability?

As to the SW 15OT Ted Williams knife, I was astounded to say the least. A run-of-the-mill later 15OT had just gone off at $150 ( http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=200116118180 )
and the knife I bought, as the seller truthfully described, was made circa 1964... one of the first produced, and one of the first sent to Sears. And it's condition? Look at the pictures. ( http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=190119611506 ) For less than 1/3 of the price the later knife brought. Uninformed buyer buying the sales pitch and not the knife? Oh, the knife he got was an excellent example of the pattern if the pictures are representative.

All of this really points to the uselessness of price guides in today's knife collector market. They might help you dicker with that guy at the flea market, but likely if he has any idea at all of the value, it came from an outdated price guide, or one where the author had a "dog in the fight".

Michael

 

[SAM58]

I would love to add those to my collection as well, oh well. If I could afford them I think I could even out the tilt of the planet that my friend in Australia made. Scott

 

[Larry303]

To add to above discussion the buyer of the above 2OT said "this is definately a keeper..a piece of Schrade history that I will not part with and I will willingly part with less desirable knives to put it in my collection" In other words if other collectors feel the same as he and I their will not be many 2OT's produced for sale and if and when they are why would they go for less,particularly when/if Mr. Voyles Schrade book sees reality.
You younger collectors will get a crack at these knives when us old Codgers...I mean elderly blokes croak it!
Now how many sheepfoot 3OT's Codger were produced?? and how many still remain and desirability and worth?
Sam the planet tilt has got worse mate I have just about doubled that original collection while buying and not talking on here. Hoo Roo

 

[SAM58]

My friend from Australia speaks my language and I agree with what you said 100% Larry. But since I cannot afford them all, I have started to build a very large Electro Magnet and point it Down Under to either Attract the U.S.A. Blade Steel here to the west coast or Pull the Earth Right and balance again, one or the other. I am very glad to hear that these Schrades are going to a very good home Larry.

Scott

 

[Codger_64]

...Now how many sheepfoot 3OT's Codger were produced?? and how many still remain and desirability and worth? ... Hoo Roo

......The 3OT (#181/183) was also listed in 1959's production report, but only as a quantity ordered, with none shipped and none in stock at year’s end. They were listed again in 1960, but again, none shipped and none in stock. Herman Williams is quoted by a collector who spoke with him as saying that by his memory, fewer than a dozen were made, while Sargent’s book says twenty four or so samples were made. I’ve only seen one so far, and supposedly it is traced back to Mr. Williams donation to the Schrade factory display. It resides today in a collection in Australia along with the 2OT also from the factory collection. The 3OT differs from the 2OT only in that it has a sheepfoot master blade in place of the standard clip master blade on the 2OT. The 3OT sheepfoot blade has a small nick, whereas the 2OT has a 1-1/8" long “French” nick for opening... Yee Haw

So if the larger number, 24 were made, and 10% survived, 3, then less than one is mint. Yours, Larry, is only 1/3 mint. Where were those Schrade salesmen from 1959-60 planted? Or more importantly, where were their sample cases planted?

Michael the Codger