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 Post subject: 1902 L.C. Smith 12ga value
PostPosted: Mon Mar 01, 2021 11:59 am 
Utility Grade

Joined: Mon Feb 21, 2011 9:16 pm
Posts: 12
I have a 1902 12ga 3e L.C.Smith with 30" barrels I'm curious as to current value. it's in very good condition, all original as far as i can tell. there's little case color remaining, barrels have a nice brown patina. locks up tight, and right of center. wood is in great shape, no dings, cracks, and wood to metal fit looks great. i have the factory letter as well.




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 Post subject: Re: 1902 L.C. Smith 12ga value
PostPosted: Mon Mar 01, 2021 12:01 pm 
Utility Grade

Joined: Mon Feb 21, 2011 9:16 pm
Posts: 12
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 Post subject: Re: 1902 L.C. Smith 12ga value
PostPosted: Mon Mar 01, 2021 7:09 pm 
Crown Grade

Joined: Mon Jul 05, 2010 7:16 pm
Posts: 3669
Location: New England
.

You have what's known as a "graded" L.C. Smith ( Grade 3-E) - not a plain Field Grade.

The current BBGV states that their L.C.Smith values are meant only as a guide:

If the buttpad is factory original, a 80% original condition 3-E is worth $3K, +/-

If the buttpad is aftermarket, deduct 40%, so $1500, +/-

It's IMO a handsome gun.

.

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 Post subject: Re: 1902 L.C. Smith 12ga value
PostPosted: Mon Mar 22, 2021 3:55 am 
Diamond Grade

Joined: Thu Jan 22, 2004 10:08 am
Posts: 1263
Location: sussex wi
Id say closer to 2k,,,,

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