The 1906 1907 safety push button

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Mossdancer
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The 1906 1907 safety push button

Post by Mossdancer »

Hey L.T.;
Were these just marked Schrade/CUT CO/made in NY on main with U S PATS over feb5 06over feb06 07 on small nail file blade. Or, was it marked with any additional info. Are those first two year patent knives any more rarer than the later ones. I could not find one in your book.
I was down the coast and found one in a small shop. The guy wanted more bucks than I had with me and I had left my wallet at home. He wanted nearly three hundred. It was excellent except for cleaning, the small blade would not open with button to full. It would manually and everything locked up and functioned great. Had ivory cel Handles with not a crack. Measured about 3 3/8". Main blade had been sharpened maybe 10%. I think with a good cleaning to get gunk out it could rate a NM 5++ on your scale. In your opinion would it be worth a 150 mi. round trip to go after it tomorrow.
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Post by lt632ret »

From what you say I do not believe it would get to NM but I am not looking at it. I would not give the 300 for it ( in that condition)and damn sure would not travel 150 miles unless it came with a good looking member of the gentler sex to er deliver it to where i was staying. Pretty much that is the info ( on the tang ) however there is some odd stuff around and certain purists place a premium on the early mark.

These knives are an interesting enigma regarding the values people place on them. I have seen people with knives that look like they had been beaten with a rock that the seller will want all kinds of money. I once had a fellow with a broken, some parts usable 1940tys presto, laugh when I made him an offer( 50 bucks for a partser ) his comment was do you know what I have here. I stopped and looked at him and said I believe I have an idea . He said well if you did you would know this knife is worth 500 dollars. I told him that I was sorry to have bothered him it was out of my range and I thanked him for his information. On the other hand I have had people who have offered me knives worth in some cases literaly 1000s for pennies. I could relate many stories regarding both aspects of this . Some astounding . When asked I try to explain, as in my book a retail value, upon determination of condition and then I expalin that I do not buy at retail and if I want to make an offer.I do, A knife is only a knife my name and reputation is much more important to me than any acquistion. Beside mostly I have them all any way, and the money at this point in my life is secondary. Those who have dealt with me know this, those who havent I am sorry if it sounds an outdated value in doing business but I really just no longer care.

On the other end I have had people who upon my telling them this have said great I just want to get rid of them, also people who have picked up rare pieces worth 1000s for under 20 dollars in auctions. One fellow ( in an auction near the canadian border) told me the guy next to him was ripping open a pressbutton Guardian because he could not figure out to press the button. He stopped the guy from breaking it and paid under 20 bucks at auction. I offered 600 in the condition it was in I told him it was worth 1500 to 2 grand, even in that condition ( blade sat proud about a quarter inch and other problems). He declined my offer and got 2000 on ebay. Later on he said I knew it was worth more than the 20 bucks when I bid it. Amazing

I had one fellow who's grandfather died, he had a trunk of old knives. The grandson said he simply wanted to get rid of the automatics to avoid any legal problems . I explained the laws I told him the value I advised him what to do . He said look stop breaking my balls I have thousands of old case and other old knives to sell do you want these automatics for 1000 dollars or not. I said thankyou. I sold around half of them for 12000, He contacted me twice more in the ensuing months and explained that he had found more of these damn illegal knives I again sent money and said thankyou. I wrote my book so that people would have at least a general idea of values since in the past many dealers would buy them for pennies and sell them for giant profits ( 1000s of percent of profit ). to collectors. There are many stories most you will not hear of like the two stashes of 1940tys complete original candystore full switchblade cards that were found last year. It really showed how cutthroat things can get. The original collectors got them for 500 and 700. One group was in a trunk in the northeast the relative of a pharmacy store owner opened the old trunk the other group was in the midwest. I am supposed to be in the know and these were my friends they were 2000 a piece by the time they got to me. These bastards are brutal. That is why I do not do shows or mess with most of them folks. Luckily I can afford a good steak and a bottle of Crown Royal even if I never sell another knife. So I wish them all well.

Sorry to ramble I hope I answered your question. Actually I am holding all the goods ( the advantage of a 50 year head start ) so I guess that is why I am not as blood thirsty as some of my er collegues. PS there were some very early Schrade doubles they are a bit different and had no safetys these would bring a premium. LT
Mossdancer
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Post by Mossdancer »

Thanks LT:
It seems you have saved me a sizable trip. I have made him an offer, only time will tell. I will be down that way again in a few weeks, if I get it. I will send you a photo or two.
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Post by orvet »

I just have to say something about the way LT does business. I know he is far too modest to relate them himself.
There are times he has paid far more than he had to in the interest of being fair to a seller (usually a relative of the original collector) who didn't know what the value of his/her knives were.

He is the old fashioned kind of guy who believes in honor and fairness. I have had a number of transactions with LT.
I only hope he believes that I am as honorable as he is, when it comes to buying, selling & trading.

Dale
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Post by lt632ret »

Heck Dale besides some dandy knifes to show your kindness I even have a piece of glass in a display case that has traveled at least 6000 miles and must have taken several days to pack ( I am still getting rid of the packing a little each week ) . Besides that you have always been a friend and a gentleman I would back your play anyday. LT
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Post by W5RWU »

orvet wrote:I just have to say something about the way LT does business. I know he is far too modest to relate them himself.
There are times he has paid far more than he had to in the interest of being fair to a seller (usually a relative of the original collector) who didn't know what the value of his/her knives were.

He is the old fashioned kind of guy who believes in honor and fairness. I have had a number of transactions with LT.
I only hope he believes that I am as honorable as he is, when it comes to buying, selling & trading.


Dale


Well said Dale, This is so very true!
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Post by lt632ret »

Thankyou Randy I appreciate it. LT
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Post by Mossdancer »

Dale:
You and I have cussed and discussed the subject of value and worth, I think they are two different things. I tend to look at the value of an item as what it is worth to me at the particular time I see it, If I don't have an example of it and it has a good name and condition is reasonable then it's probably of more value to me than the next guy.
As LT say's there is sometimes the instance when you find something at a really nice price. I think as most people that I could not live with myself purchasing a $500 item for $15 and that is why I don't take a satchel of books with me when I go looking for knives. I at one time collected Fred Bear archery items. I came upon an unannounced sale, walked up and there sat a Grumley marked bow that was as though it had been in his hands the day before, I asked the price and the fellow said something ridiculous (like$15) and I took a deep breath and told him no and to either put it away or ask $1500 That I would research it for him and help him sell it. He said okay and thanks and I walked away with some very angry people following me to my car. Sorry for digressing.
The worth of something is what a willing, knowledgable buyer will pay a willing knowledgable seller. This is why I pursued my question with LT in the first place. I was willing but without knowledge as I believe the seller was also. I have not known LT for a long time, only a couple of years, back to a candy stripe cut co. I asked him about on another forum, I found him to be very honest. Honesty is a commodity not also ways existing within people who buy and sell objects these days. Regarding your assessment of the gentleman, Yes he is Honorable which requires being honest, He also exhibits the trait of being candid which I believe is an excellent thing to do.
Thanks for listening,
moss
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Post by stockman »

Hello Moss, I read your post on buying articles that are greatly under priced with much intrest. I have returned knives when I found out that they were priced below what I felt was fair. This is usually when dealing with knife people I know well. At auctions, estate sales, antique stores, ect. if I get a bargain good deal. Dealers should know their merchandise or do the work to find out what is a fair price.

Stockman
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