Insurance Valuation - AR-15 SP1 1967

Peter S

January 18, 2011 06:55

I have an original 1967 SP1 Serial # <10K in excellent condition that I am considering insuring separately. Any suggestions on the value?

0

• 

  cpermd

  January 18, 2011 08:02

  $1100
  
  CP

  0
• 

  badsbsnf81

  January 18, 2011 13:04

  You will want to insure for full replacement value. You are in the 1200-1500 category depending on if you have the box, papers and original accessories.

  0
• 

  Peter S

  January 19, 2011 12:57

  Thank you for your insight.

  0
• 

  32 Magnum

  January 20, 2011 14:58

  Here in Eastern PA - SP-1 in v.good to excellent condition are selling closer to 2 grand w/ 20" barrels (we sold two early last year, brought in by a collector's widow). Saw one carbine (w/16" barrel) sell for $2500 at a gun show. All three were in low excellent condition - of course no forward assist on any of them.

  0
• 

  cpermd

  January 20, 2011 17:02

  quote:Originally posted by 32 Magnum
  Here in Eastern PA - SP-1 in v.good to excellent condition are selling closer to 2 grand w/ 20" barrels (we sold two early last year, brought in by a collector's widow). Saw one carbine (w/16" barrel) sell for $2500 at a gun show. All three were in low excellent condition - of course no forward assist on any of them.
  
  
  [:0][:0]
  
  Jeez, I just picked one up for $1100 at the GS in Dec here.
  32XXX ser #
  I am going to sell it!
  
  CP

  0
• 

  MFI

  January 21, 2011 01:51

  Here in NY thats a $2000 gun .. Of course we have the "assualt weapons ban mirror law " so those Pre Bans go for a hefty price tag..

  0
• 

  NOAH

  January 21, 2011 02:42

  32,000ish is not low, my sp1 is 7,8xx (1967) and i would think that 2K
  is about right for insurance purposequote:Originally posted by cpermd
  quote:Originally posted by 32 Magnum
  Here in Eastern PA - SP-1 in v.good to excellent condition are selling closer to 2 grand w/ 20" barrels (we sold two early last year, brought in by a collector's widow). Saw one carbine (w/16" barrel) sell for $2500 at a gun show. All three were in low excellent condition - of course no forward assist on any of them.
  
  
  [:0][:0]
  
  Jeez, I just picked one up for $1100 at the GS in Dec here.
  32XXX ser #
  I am going to sell it!
  
  CP

  0
• 

  Spartacus

  January 21, 2011 14:17

  $2000 with box papers and original mag and sling in nra excellent condition.
  would have been $2500 during the panic. it will appreciate in value as time goes on.
  great gun.
  i paid $1800 5 yrs ago for lnib with 3 digit serial number and was happy to get it.
  tom

  0

Please sign in to leave a comment.