Ljungman Liquidity

For the last six months or so I have been casually watching the Ljungman market on Gun Broker and have noticed that the number of AG-42Bs listed has fallen off a cliff recently.  In a normal week I could expect to see at least one new Ljungman listed and I would dutifully watch the auction and sometimes throw in a lowball bid.  I haven’t been keeping a spreadsheet but quickly checking my watched auctions for the months of May and June shows that there were seven completed auctions which averaged just a hair over $1,300.  Not a bad price for a well made but somewhat finicky C&R rifle with no good source of surplus ammunition remaining.

Then for the month of July all that was listed was the same rifle with an above the going average reserve just relisted endlessly.  That auction ended a few days ago at $1,230 without meeting reserve and has yet to be relisted.  My assumption based on what I have seen thus far is that it will be relisted yet again, what will be interesting to see whether the seller keeps the reserve high and the lack of Ljungmans on the market ultimately drives the price to new highs or if he will give in and drop the price.  As it the market currently stands it seems like a fine time for anyone who would like to unload one in a hurry for $1,300 as there isn’t a lot of competition.

Update 24 August 2017:  it’s now three weeks since I made the original post and the Ljungman market has remained tight although a couple notable rifles have popped up this week only to sell quite quickly.  One was a nice but, in my opinion, fairly unremarkable rifle on Gunbroker that was started at $1,600 and sold via $1,850 BIN in two days.  Pretty impressive since the seller didn’t include any pictures of the left side of the rifle.  The better deal was yesterday when Empire Arms sent out one of their “New Stuff” emails.  Among the rifles was a Ljungman described by Dennis as “by far the finest” he had ever seen.  Though the pictures from Empire often leave much to be desired it did appear to be a truly exceptional example and seemed to go quite quickly at $1,500.

Update 16 November 2017: In the intervening months eight Ljungmans have sold on Gunbroker.  The highest price was $1,200 on 15 Oct and the lowest $955 on 1 Oct with an average of $1,080.  Additionally there was a Ljungman which sold at the Poulin Antiques auction on 30 Oct for $1,057.  Though there were eight rifles sold in the roughly nine weeks between the last update on 24 Aug and the last one ending 25 Oct on Gunbroker there have not been any listed in the last three weeks.

Update 20 January 2018:  since my last update in November there have been eight completed Gunbroker auctions for Ljungman rifles and the prices are definitely on the uptick despite the numbers being sold.  Interestingly enough both the cheapest ($1,299) and the most expensive ($3,575) both ended on 10 January 2018.  The primary difference between the two auctions being the number and quality of pictures.  The pricier rifle was listed as “unissued” however given the various marks and wear visible in the picture I would tend to be more than a little skeptical.  The real gem appeared to be a rifle sold on 14 December for $2,625 despite having a limited number of pictures.  These two, coupled with several other strong auctions, brought the average price between 17 November and 20 January to $1,894.  Interestingly enough one of the roughest Ljungmans have seen in a while went for a surprisingly strong $1,450 on 9 January.

Update 12 April 2018:  in the last three months I have seen 14 Ljungmans sell for an average price of $2,167 on Gunbroker.  The priciest bid up to a very strong $3,000 and was in pristine condition with a bayonet.  The least expensive sold for a buy it now of $960 which seemed relatively strong conisdering the condition as it was hands down the roughest Ljungman I have ever seen with an extremely worn finish and rust easily visible.  The best deal during this period was not included in the above averages as it was a consignment at Simpson Ltd and sold in under 30 minutes at $1,000.

Update 28 July 2018: in the last three months I have seen 13 Lungmans sell on Gunbroker for an average price of $1,498.  The highest price was a completely unremarkable used rifle that went for $1,888 two weeks ago.  What it and the second highest Ljungman share, it was a very nice example, shared is that the sellers both included ~30 pictures.  The lowest price was $1,330 for a well used looking rifle.

Update 6 August 2018:  Just saw the cheapest Ljungman sale on Gunbroker in quite some time at $500.  The catch is that it had been heavily sporterized with sights removed, barrel cut down with muzzle device eliminated, stock refinished and magazine reduced to five rounds.  It’s the only Ljungman I have seen sporterized and might have been a bit of a bargain.  With original barrels available from Springfield Sporters for $35 along with many other parts it could likely have been substantially restored to closer to original form.

Update 30 December 2018:  In the last three months I have seen nineteen Ljungmans sold on Gunbroker for an average of $1,512.  The cheapest was $1,100 and the most expensive was $1,825.  There have been a number of other Ljungmans listed on gunbroker with high starting prices that have received no bids.

On a slightly related note it would appear that JG Sales is now selling some of the Samco remains, more specifically the Swedish 6.5×55 blanks, for a very reasonable price.  For $96 you can buy 4800 rounds of brass case blanks featuring a wooden bullet which can easily be pulled out with pliers.  Though the surplus 6.5 ball is long gone (I know because I cleared out the last of it from Samco) these blanks seem like an extremely cheap source of primed brass.  Sure it’s gonna cost another $96 to ship and its berdan primed and not easily reloadable but in my mind it doesn’t matter because at four cents a round it’s the cheapest primed brass out there.  I piled away a bunch in the off chance I start shooting my Ljungmans regularly and I encourage any other aficionados of Swedish rifles to do the same.

It appears someone else has the same idea and has made a YouTube  post showing the details of how he reloads the primed brass:

https://m.youtube.com/watch?v=Ya8I-WYTbiY

http://www.jgsales.com/6.5×55-swedish-m14-blank,-wooden-projectile,-4800rds.-p-92711.html

http://www.empirearms.com/082317.htm

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