April 20, 2009
Knives and their Values: A Short Overview: Part II
This past weekend I attended the Oregon Knife Collectors Assoc. knife collectors show in Eugene, Or. It was a frenetic class room for those interested in how to value their knives.
There is a lot of wisdom at that show. There are people with expertise in just about every imaginable esoteric type type of knife and it’s history. So, it was a great opportunity for me to tap the experience of those who know more than I do about certain types of knives. In fact, a big part of this show is sharing what you know with others and learning from those who know more than you do.You can watch people running around with “mystery knives” from table to table trying to figure out what it is and what it’s worth.
So, I have a knife I got from a collection I bought. The collector kept copious notes and would add to them over the years as he got more information. This particular knife had a page of information telling who he bought it from and when it was made and who owned it. The thing is he was dead wrong on all counts except who he had bought it from (which was also a clue).
This knife has a cast handle with US Navy mark, American eagle and medical caduceus symbol in high relief. The notes told a story of a medical officer on a particular civil war ship and went into great detail about how it got to the person who sold it to the collector I bought it from. Of course you want to believe this type of story as it adds”soul” to knife and also hopefully some monetary value. But, it is important to make the point that pencil scratchings on a piece of paper are not provenance.
After walking the knife around to three experienced military knife guys all of whom are published I found that the knife could never have been from the civil war era. Rather than pewter the handle was cast aluminum and had other indications of being a WWII knife. One of the guys also recognized the name of the seller and shared the fact that he had a reputation for misrepresenting items as civil war relics for his own benefit.
I didn’t pay a crazy amount of money for this knife as I could not verify at the time of purchase that it was what the notes indicated it was. In fact, the value of WWII knives of this type has really gone up and chances are I can make money on it when all is said and done. The point is that as an obscure item it was not something I could “Google” or look up on ebay.
Leaning on trusted experts with experience buying, selling and researching specific types of knives is the primary component of determining fair market value. Along with price guides, internet research and auction results sage advice from those “in the know” will give the best idea of your knifes value.
Thanks for reading!
Chris Hyde
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