Schrade Walden Liberty Bell LB-1 - A significant knife

Codger_64

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Very recently, Bladeforums.com celebrated an important milestone. 100,000 registered members! To commemorate the event, super Moderator Bastid, Gus, held a contest in the traditional forum giving a Schrade commemorative knife to the winner who could guess at what time on which day he would acknowledge the milestone being reached. Yours truly won. And so in appreciation of the generosity we have come to know on these forums, I promised to research the knife and post a short rant of my findings. I originally posted this in the traditional forum, but having slipped down to fifteenth post today without a response, I must assume that there was little interest over there in the knife itself and the story behind it. SO I am reposting it here.

First a bit of background on commemoratives in general. Until the late 1960’s - early 1970’s, knife collectors generally specialized in antique knives. This changed partly due to the efforts of A.G. Russell and others who organized state and national collector clubs, and made a business of supplying the market with special limited edition and commemorative knives. The knives they commissioned weren’t the first commemoratives by any means, some such as the George Washington Commemorative from Camillus dating back to 1932. But the 1972 Russell SFO “Kentucky Rifle” is recognized as a significant starting point to the modern genre of collectable commemorative knives. There were other knives commissioned for the short series by Mr. Russell from other cutleries, but this one is of particular interest to collectors of Schrade knives and memorabilia, particularly since the closure of Imperial Schrade during their centennial celebration year in July of 2004.

While the Kentucky Rifle issue was very significant in it’s own right, less that a year later in 1973 Schrade Walden produced the first of their own commemorative sets. The first one issued was the LB-1 Liberty Bell followed closely by the second in the series, the PR-2 Paul Revere, and the third in early 1974, the MM-1 Minute Man. The three comprising a set known as the American Revolution Bicentennials.

This is the original flyer from 1973:

Liberty-Bells.JPG

When compared to a photograph of the actual knife as produced, you can see that the flyer was an artist’s conception. The blade etch on the knife is in a banner, and the shielding is much smaller.
http://www.hunt101.com/data/500/Liberty-Bells_3.JPG

The black sawcut Delrin Liberty Bell LB-1 knife is part of the American Revolution 3 knife Set, issued in 1973-74, one of the earliest commemoratives by Schrade Walden or any other company. Others in the series are the black Delrin 'Minute Man’ MM-1 (battle of Concord) and the red Delrin Paul Revere PR2. All came in the old style clear acetate tube, with red, white and blue end caps. The serial number is on the inner brass liner on the clip blade side. Schrade originally intended for 24,000 of these made (2,000 dozen by the old cutlery accounting method), and the original suggested retail price was $12.50.

This Limited Edition 3 blade 3 5/8” stockman (made on the older 855RB frame) has a tang stamp of S.W. CUT over LB-1 USA. It has stainless blades and each of the smaller blades is stamped stainless on the back side. Each has a unique blade etch and coined brass shield affixed on the mark side scale.



Uncle Henry comments on Commemoratives

Henry Baer Memo dated February 4th, 1974

Comments on another Commemorative

The Commemorative Limited Edition Pocket Knives have helped swell the bonuses for *( Schrade salesmen).

The Liberty Bell, LB-1 and Paul Revere, PR-2, were far oversold before we produced the knives, and no. 3 on the “Hit Parade”, the “1775 Minute Man”, is illustrated and described on the page which was sent to you from Ellenville yesterday.

Knife collection seems to be a growth avocation, as shown by the sales far in excess of our production of the Liberty Bell and Paul Revere, which we limited to 2,000 dozen per pattern.

Upon receipt of the catalog pages, kindly contact prospects that you feel could benefit and sell these Limited Edition knives.

You will recognize the pattern as Schrade 855RB. The blades are stainless and the cover is black Delrin.

On previous production of the two Commemoratives we could only ship 2/3's of the orders that were placed, and we’re quite sure the “1775 Minute Man” will follow suit. The total number of knives that we will make on this Limited Edition will only total 480 knives per state.

These knives are offered for shipment in March. Note the brand - S.W. Cut.

Sell from the catalog page using 855RB to show blading, size, etc. All orders must be in Ellenville before February 28th, 1974.

Yours truly,
Henry B. Baer


Now, at the time of the early commems (1971-1980) there was quite a flux in the market for commemorative pocket knives as makers “overproduced” limited editions making them actually less rare than their regular production counterparts for that particular year. It is reported now by Mr. Levine, Mr. Voyles and others that a good number of unsold commemoratives were remaindered for discounted retail sales by several merchants. The makers somewhat learned their lesson on this and later commemoratives were limited to smaller numbers, though the actual issues became more prolific. While it was for some time lamented that the manufacturers had ruined the collectability of commemoratives by driving away collectors who viewed them as investments, rather than collectables for their own sake, the large numbers of early commemoratives produced have proven to be a boon for late-to-the-table collectors who are now able to pick up examples… even whole sets of them for quite reasonable prices.

Another factor which the modern collector would do well to remember, is the prevalence of wholesalers and retailers who sought to have manufacturers make special factory order commemorative knives for them for which they would then present themselves to the public as the makers. These knives, to me at least, are a different subcategory of commemorative knives differentiated from those designed and sold by the manufacturers under their own marks.

Now, this was really nothing new if you remember that Sears, Simmons, Woolworths and Belknap did much the same thing for most of the early part of the century. Private branding goes way back. Kastor even did it in the 1870’s with his imported goods from Germany, Austria and Czechoslovakia.

In summation, as much as the Kentucky Rifle issue represents a first of sorts in SFO commemoratives, The Liberty Bell LB-1 represents a first of sorts in maker marked Commemorative pocketknives.

Codger
 
Well done on the competition Michael, and thanks for the time spent researching the history and posting the findings on the LB-1.

Rusty1
 
You're welcome Rusty. As I mentioned, these three knives, while no grand presentations of the master cutler's art, are still historically significant and very affordable for the average "shoestring collector". They were in fact precursors to the GDOT series of 1974 and 1975.

Michael
 
Congratulations on the edumacated guess. Was it a SWAG, or did you do some calculations? I was, as well as many, was way off using the SWAG method.
 
Thank You Codger for your research and great write up. I have added another page to my Schrade notebook. Keep them coming.
Dave
 
Yes, of course it was just a guess. And IIRC, two other members guessed more closely than I, but weren't in compliance with the contest rule that they had to be prior contributors to the forum.

Anyone wishing to add to their portfolio on the subject of early commems would do well to review the introduction to J. Bruce Voyles Price Guide To Commemorative Knives - 1960-1990. He explains very well the beginnings of this genre and the view of the market seventeen years ago. Keep in mind that with any of the earlier price guides, accuracy, completedness, and attention to particularly the Imperial Schrade marks are sorely lacking due to the rise of Schrade specific collecting being a fairly recent thing. And a lot of information about the issues themselves has only come to light since the closing of Imperial Schrade in 2004.

Michael
 
Michael, I am very impressed with the research you did.

The one on the way to you has the original box and cert.

I am very glad it went to someone who appreciates it.

Thanks, since I have an extra one that I am keeping, I now know a heck of a lot more than I did about this knife.
 
Once again, Gus, you are quite welcome. It was the least I could do to repay your own generosity. I hope you don't mind my "cross-posting" it here. The topic seems to not draw much response in Traditional and I would hate for the Schradeophiles to miss it.

Thanks again Gus. Isn't it amazing how a simple knife can become so much more significant when it is viewed in it's proper historical context? Oh, and I noticed no one caught this:

Schrade originally intended for 24,000 of these to be made (2,000 dozen by the old cutlery accounting method)...

Well, seldom ever did a cutlery make the exact number of an issue forecast, even limited editions. Especially Schrade. They made overruns to cover rejects, shipping loss and damage and warranty replacements. So while the stated limit was 24,000 pieces, we could well see one with the serial number of 26329. Indeed, factory production records indicate 26,369 of the LB-1 shipped in 1973, 26,228 of the PR-2 shipped in 1973, and 26,181 of the MM-1 shipped in 1974.

Michael
 
You know I usually don't enter giveaways but when I saw this one I thought I should for two reasons:

1.- The knife deserves to go to a Schrader.

2.- Everybody who had guessed at the time seemed way off, so I thought that I had a good chance to get it.

When I saw Codger's post both reasons became irrelevant, Codger would be much closer than myself and surely deserved the knife, I am happy it went that way.

Thanks for the research Codger. And thanks to Gus too, of course.

Luis
 
The knife arrived today and I had to "show-and-tell" to my Postmaster. I live in a rural county and get my mail at the nearest post office in town. My Postmaster enjoys looking at my knives when they arrive and hearing their history. I enjoy kidding him about carrying a knife while on duty (an Uncle Henry stockman). He was enthralled with this one and asked me to find him one like it which I agreed to do.

So now, the search is on. A Liberty Bell LB-1 for my Postmaster and a PR-2 and MM-1 for myself. And then on to the next commems... Buffalo Bill, Davy Crockett, and Daniel Boone. And...

Michael
 
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