Spotted: TWO KSP-921 with '*' Ser. no. !!
- Thread starter Terry T
- Start date
collectormzornes
Blackhawk
Nice find was you able to add it to the collection? I would assume so since you have pics of it but you never know.
Spotted or Snaged?? 
If you got it,,, Congradulations!
Terry
If you got it,,, Congradulations!
Terry
Terry,
Of the ones you have seen do they all seem to be close ? Same block?
Terry
Of the ones you have seen do they all seem to be close ? Same block?
Terry
Terry,
These two seem to be in the same block.
*570-74834 (KSP-921)
*570-74853 (KSP-921)
In addition, I did find and buy *573-03572 (KSP-821X)
None of these are listed as '*' guns in Chad's book(Vol 2, 4th rev., page 17). He does mention that he is aware of an asterisk KSP-921 but does not really identify it by ser. no. It may be *572-33711, if I read his paragraph correctly.
My asterisk KSP-821X came in a box marked 'Used Gun'.
It is my understanding that the asterisk guns were used as demonstration guns. They were returned by gun writers, police agencies, and trade shows to the factory and then sold as used guns.
It would be way cool to find a photo in a gun magazine that matched one of these serial numbers.
Terry T
These two seem to be in the same block.
*570-74834 (KSP-921)
*570-74853 (KSP-921)
In addition, I did find and buy *573-03572 (KSP-821X)
None of these are listed as '*' guns in Chad's book(Vol 2, 4th rev., page 17). He does mention that he is aware of an asterisk KSP-921 but does not really identify it by ser. no. It may be *572-33711, if I read his paragraph correctly.
My asterisk KSP-821X came in a box marked 'Used Gun'.
It is my understanding that the asterisk guns were used as demonstration guns. They were returned by gun writers, police agencies, and trade shows to the factory and then sold as used guns.
It would be way cool to find a photo in a gun magazine that matched one of these serial numbers.
Terry T
Terry T said:
Thanks for the info,,I'll add it to my notes.
Terry
ozo
Bearcat
"It would be way cool to find a photo in a gun magazine that matched one of these serial numbers."---
Terry T
I think it would add some value, if merely nostalgic, to have some history and 'who' had it, especially
with pics to go along with it.
Still, $955 is too much for an SP-101 unless there was documented proof that it had particular fame.
Terry T
I think it would add some value, if merely nostalgic, to have some history and 'who' had it, especially
with pics to go along with it.
Still, $955 is too much for an SP-101 unless there was documented proof that it had particular fame.
A definition of value is 'A knowledgeable seller and a knowledgeable buyer, neither one taking advantage of the other'.
An on-line auction (with an essentially world wide pool of buyers) is getting pretty close to the definition of value, in my opinion. Without a conversation with the buyer, I would not know if I would agree that he was 'knowledgeable'. On the other hand, he may know something that I don't.
However, to say it differently, the seller may have taken advantage of a panicked buyer who (incorrectly, I think) believes the apocalypse will begin next week. Of course, if the apocalypse does begin next week, the buyer did know something that I didn't. :shock:
9mm SP-101s have been going in the $750 - $850 range. Adding another $100 for the asterisk does not seem too out of line to me as a collector. I've also noticed a 20% to 25% increase in selling prices in just the last 3 or 4 months due to panic buying.
So...is it worth $955? Not to me at this time, either, but it is to someone.
Terry T
An on-line auction (with an essentially world wide pool of buyers) is getting pretty close to the definition of value, in my opinion. Without a conversation with the buyer, I would not know if I would agree that he was 'knowledgeable'. On the other hand, he may know something that I don't.
However, to say it differently, the seller may have taken advantage of a panicked buyer who (incorrectly, I think) believes the apocalypse will begin next week. Of course, if the apocalypse does begin next week, the buyer did know something that I didn't. :shock:
9mm SP-101s have been going in the $750 - $850 range. Adding another $100 for the asterisk does not seem too out of line to me as a collector. I've also noticed a 20% to 25% increase in selling prices in just the last 3 or 4 months due to panic buying.
So...is it worth $955? Not to me at this time, either, but it is to someone.
Terry T
ozo
Bearcat
Thank you so much for clearing all of that up....
I would have never known had you not taken the
time to convey your vast collector experience.
I would have never known had you not taken the
time to convey your vast collector experience.
OZO,
Complicating the whole value question is the issue of inflation. Both sides of the equation (dollars = gun) are currently in flux.
It is generally agreed that the government has increased the money supply over the last couple of years to stimulate the economy. Therefore, there are more dollars chasing the same goods (inflation).
In addition, there are more folks wanting guns today while the gun supply has remained rather static - manufacturing has not increased in the same proportion. In other words the (gun) supply has decreased in relation to the demand.
Supply and demand.
So...how much of the above noted 20% increase in 'value' (dollars needed to buy a gun) is a result of more dollars chasing the same gun and how much of it is more buyers chasing the same gun? A little of both, I'd guess.
It does make it difficult to keep up with how many dollars it takes to buy an item (gun) on any given day.
Terry T
Complicating the whole value question is the issue of inflation. Both sides of the equation (dollars = gun) are currently in flux.
It is generally agreed that the government has increased the money supply over the last couple of years to stimulate the economy. Therefore, there are more dollars chasing the same goods (inflation).
In addition, there are more folks wanting guns today while the gun supply has remained rather static - manufacturing has not increased in the same proportion. In other words the (gun) supply has decreased in relation to the demand.
Supply and demand.
So...how much of the above noted 20% increase in 'value' (dollars needed to buy a gun) is a result of more dollars chasing the same gun and how much of it is more buyers chasing the same gun? A little of both, I'd guess.
It does make it difficult to keep up with how many dollars it takes to buy an item (gun) on any given day.
Terry T
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