I am interested in this gun as it should be a good case study. It is BV1-OQ1. Current Condition as rated by the market is the question. If it were a SXS and in pristine condition (CC1), it would value at BV1-OQ1-CC1 = $40,000. Give it 2X for being a small bore O/U and we get $80,000. What say you all to that tidbit?
If the gun had its OE barrels, I'd expect it to rate about CC4 (Heavy use, but no abuse). 2X BV1-OQ1-CC4 = $36,000. What say you all about that?
According to my current charts, Shootable but needs some repairs and refinishing or refinished with barrels or stock replaced is CC6. So, 2X BV1-OQ1-CC6 = $17,700. Hmmmmm! And?
The Pound is at 1.4 to the dollar. The gun apparently failed to hammer at BPS 20,000 which would have been $28,000. 30% for buyer's premium and shipping would bump it up to $36,400. "Reverse engineering a value to a current condition would give us a CC of level three and a half (CC3.5). That means we would have to describe this gun as between "Significent use" and "Heavy use, but no abuse."
OK, is the auction low estimate off by a factor of double?
DDA