Remember, a knife is only worth what someone is willing to pay for it so a market for that piece has to exist to make it "valuable" in a cash sense. You have a very valuable knife in the sentimental sense since Col Applegate signed it, and I'm sure said a kind word or two to you. The style of the knife you mentioned is quite available, not very expensive and even though we're all looking for that super "find", truth be told that most knives in most peoples homes have a modest value at best. Look at some of the old Case knives worth in the thrity or forty dollar range.
My advice to all is: Collect knives that have an appeal to you and never buy a knife thinging that you will make a mint on it since finding someone with the same taste can be hard....even with the internet. Use your knives if you feel something would be missing by putting it in a display case (sans this knife since it is signed). Start teaching the lore of knives to your kids and family members so you have something very special to pass down. I have never seen anyone disappointed by owning their granddad's old Ka-bar or something similar. Don't ever think you're gonna get rich collecting because you probably won't and those one or two cases a year that pop up when someone finds a Bill Moran or some other famous maker at a yard sale for $10 make it even more fun. Plus the tincture of time has a way of making a knife a bit more valuable, right? Were those Randal Model 1's worth all that much in the 40's?
Sure there are a lot of knives worth a lot of money but for the most part most of the literally thousands of knives out there are special for reasons other than value. Would I wouldn't do to have one of my grandfather's old knives. Or maybe the knife my uncle used in WWII.
The modest amount of money I have ever made on a knife was when I was least expecting it and I just happened to have something that someone else
just had to have.
Sorry I can't put a dollar amount on your piece but I would imagine it is worth the retail of the knife and IMHO plus 10 or 15 percent since it is signed. Go to Ebay and see if anyone else is selling signed knives like this and what they are getting for it will more than likely be the fair market value.
Enjoy your knife, you got a good one!
Respectfully,
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~Greg Mete~
Kodiak Alaska
[This message has been edited by Kodiak PA (edited 01-17-2000).]