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Sheaffer PFM V


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#1 Jacob

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Posted 30 December 2013 - 09:19 PM

I have recently bought a gray Sheaffer PFM V, manufactured in 1959, for just about $400. I was told that the gray model was very rare, and that other customers have found it elsewhere, but the price tag was $1500.

Which one is the "real" price?

(Note: I don't intend to sell it, it's for insurance).

 


J

#2 david i

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Posted 30 December 2013 - 09:34 PM

I have recently bought a gray Sheaffer PFM V, manufactured in 1959, for just about $400. I was told that the gray model was very rare, and that other customers have found it elsewhere, but the price tag was $1500.

Which one is the "real" price?

(Note: I don't intend to sell it, it's for insurance).

 

Hi,

 

Welcome to FPB.

 

Pricing of old pens of course is not an exact science.

 

Gray is the most scarce PFM color and is the color of greatest cachet and value, all else being equal.

 

I sell pens on my website, retail (save for some modern items) with warranty and with no rush.  I would charge more than $400 for a truly excellent PFM V.  But, once one factors in the added value for the color, the usual spread for the models I through V tends to compress a bit.   I might offer a truly excellent pen, with warranty for around $575. I'd sell a PFM I (lower trim level) at around $425.  A mint stickered pen of course would be another story and would carry a premium. I sold one in that state a few years back for $750, retail.  A real retail price is likely $550-600 if excellent.  Flaws of course count. That is retail. Wholesale would be less of course. I think you paid a reasonable price if yours is in nice shape.

 

regards

 

david


David R. Isaacson MD. Website: VACUMANIA.com for quality old pens with full warranty.
Email: isaacson@frontiernet.net

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#3 PatM

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Posted 31 December 2013 - 01:41 AM

David does a great job going through price considerations and discusses flaws counting on price, and the biggest issue I find in particular for a V is the condition of the cap.  Dings naturally matter and the wear around the top edge of the cap is always an issue to consider.  Caps in primo condition usually generate a premium.

 

Best,

Pat



#4 Jacob

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Posted 31 December 2013 - 05:04 PM

David, Pat - thank you very much!


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#5 rpk1204

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Posted 03 January 2014 - 01:38 AM

Hmmmm, just saw a PFM, in grey, I believe, on my last hunt at a higher-end shop.  They had $125 on it, usually out of my range for a hunt unless I really know what I'm looking at.  I'm not a PFM expert, but would love one in my perm collection.  Is it only the V that fits that range?  How do you identify a V?  This pen seemed to be in really great shape and had the box/case as well.   Maybe better plan a trip back... I'm sure they do 10% off as is the custom in all antique shops here. 

 

Randy



#6 david i

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Posted 03 January 2014 - 01:56 AM

Hi Randy,

 

If it is a PFM at all in gray or a PFM V (marked by gold filled cap and gf end plate on butt of pen)... grab it.

 

If it is a very similar appearing Imperial... don't

 

regards

 

d


David R. Isaacson MD. Website: VACUMANIA.com for quality old pens with full warranty.
Email: isaacson@frontiernet.net

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#7 rpk1204

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Posted 03 January 2014 - 02:37 AM

I thought it had a silver cap, don't think it was gold and it was either grey or a very light powder blue..... Don't even know if that was a color.  I'll get back there and take some pics if I'm unsure.  Thanks for the advice!

 

Randy



#8 Widget

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Posted 03 January 2014 - 09:32 AM

There's a very good thread oh here somewhere that tells you how to spot 1.  I followed it and picked a 111 up really cheaply.  The only pen I've ever sold and made a profit.  Mind you I've only sold 10 or so. 






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