To be fair they should not. I have noted a lot of them are made with #2 weight barrels which are rather heavy. The ealry J spring fore ends tend to not stay on well. I have three and find them all well made. One is almost 8 pounds and is too heavy to carry when the gun room is full of seven pounders which I would rather carry instead.
Perhaps it is just the Parker like hinge pin does not appeals to buyers. From a mechanical viewpoint they are just like a Sterlingworth of later production with the possible exception of the fore end attachment system.
Condition and features being equal they should bring a bit more. They certainly exhibit better fit and finish than "between the Wars" Sterlingworths.
When the Sterlingworth was introduced in 1910, it was a $25 net selling price gun. When Parker Bros. introduced their Trojan Grade in 1912, it was briefly offered at $25.50 but was soon $27.50. Inflation driven by "The Great War" started driving prices up and in 1916 the price of the Sterlingworth rose to $30. By 1919 it was $55 and the Trojan was also in the $50 range. For 1922, A.H. Fox Gun Co. dropped the price of the Sterlingworth to $48 and in 1926 to $36.50. Fit and finish suffered. Parker Bros./Remington kept the quality and price of the Trojan high and sold just over 33000. A.H. Fox Gun Co./Savage eventually sold nearly 150000 Sterlingworths.
I like the early Sterly pin guns, and would pay as much for one as for a later Philly gun w/o the Parker-style hinge. I have a Philadelphia Arms A Grade with the Parker hinge and it's a pretty nice gun. Don't own a Sterly pin gun but will eventually. I think the soft prices may be because buyers don't realize what they are.
I own a pin gun with 28" barrels that weighs less then 7 lbs. If you look around long enough you can find a light one. Its just the fact that most of those guns were made with 30" barrels and probably the 2 weight barrels. Per my gunsmith the insides of the earliest pin guns were pretty amazing. Lots of additional care went into those earlier ones then the later ones for sure.
I have a Fox Sterlingworth Model 1911 Pin gun whose fit and finish is definitely better than the later Sterlingworth's and in my opinion is worth a little more compared to a similar condition later gun. Serial number 57979 shipped October 24 1911. I think it would be considered their Brush model as it has 26 inch barrels choked IC and Mod and letters accordingly. A very nice handling gun that locks up like a bank vault.