417
Browning & Colt Royalty, Patent Documents Including the Swartz Safety
Currency:USD
Category:Antiques / Firearms & Armory
Start Price:375.00 USD
Estimated At:750.00 - 1,500.00 USD
SOLD
500.00USDto floor + buyer's premium (97.50)
This item SOLD at 2010 Apr 30 @ 13:19UTC-05:00 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
1) Group of two letters, dated December 1944, detailing the reduction in royalty payments for the .22 caliber Ace model purchased by the Government until the end of the war emergency. The first letter is from M.A. Browning to Colt and the second is Colt interbranch correspondence between C.H. Just and H.C. Bowman. The letter states the payment amount is reduced to $.25 per gun and a similar arrangement had already been made on the .32 caliber automatic pistols. 2) Group of three letters, dated December 1944, and pistol drawing relating to the .380 caliber pistol. The letters detail communication between Browning and Colt to reduce the royalty amount on .380 caliber pistols for the government until the end of the war emergency. The drawing shows the internal workings of the pistol. The letters are between the same individuals as in 1. 3) Group of documents related to Colt patents from the 1930's of a firearm designed by William L. Swartz. The first is a group of ten letters about specific patents. There is also a numbered drawing of the pistol with four pages of information and identification. There is a signed contract by William L. Swartz applying for the patent and selling the rights to the firearm to Colt. Also included is a final official copy of the patent and a handwritten note related to different patents. 4) Bound group of Colt royalty agreements and Colt interbranch letter. The group of agreements is in a bound folder titled "Digest of Royalty Agreements with Browning Brothers Company". The front of the folder has the dates of when the information was compiled and revised. The agreement information goes back from 1896 up until 1931. The Colt letter discusses the receipt of royalties from Fabrique Nationale for Holland relating to certain machine guns.
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All in very good condition, with minimal age discoloration. There is some minor tearing to the edges of the papers
Auction Location:
4507 49th Avenue, Moline, Illinois, 62165-7578, United States
Previewing Details:
Preview: Open to the public Thursday, April 29th from 10 AM to 6 PM Friday, April 30th from 8 AM to 10 AM Saturday, May 1st from 8 AM to 10 AM Sunday, May 2nd from 8 AM to 10 AM
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
19.5% |
Additional Fees:
Shipping Details:
Please contact the auction house for the preferred shipper’s contact information
Payment Details:
Payment Information: Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. NOTE TO ALL BUYERS: Method of payment will be U.S. currency or certified check drawn on an American bank. All sales are final at the fall of the Auctioneer's hammer. Buyer’s Premium: All bid prices “hammer prices” (means the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium payable by the purchaser of 19.5% of the bid price. There is a 2.5% discount for payment with cash, approved check or wire transfer. The premium is added to your successful bid and the two together equal the total purchase price. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. This purchase is subject to all the terms and conditions set forth herein. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes before any lot may be transferred. All items purchased by successful bidders must be paid for in full the day of sale. All items purchased by absentee bidders must be paid for in full immediately upon notification.
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19. Limitation of Liability. EXCEPT AS EXPRESSLY PROVIDED ABOVE, ALL PROPERTY IS SOLD “AS IS”. ROCK ISLAND AUCTION COMPANY NOR THE CONSIGNOR MAKES ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE TITLE, MERCHANTABILITY, FITNESS OR CONDITION OF THE PROPERTY OR AS TO THE CORRECTNESS OF DESCRIPTION, GENUINENESS, ATTRIBUTION, PROVENANCE OR PERIOD OF THE PROPERTY OR AS TO WHETHER THE PURCHASER ACQUIRES ANY COPYRIGHTS OR OTHER INTELLECTUAL PROPERTY RIGHTS IN LOTS SOLD OR AS TO WHETHER A WORK OF ART IS SUBJECT TO THE ARTIST’S MORAL RIGHTS OR OTHER RESIDUAL RIGHTS OF THE ARTIST. ALL FIREARMS AND AMMUNITION ARE SOLD AS COLLECTOR LOTS ONLY. FITNESS TO FIRE OR OTHERWISE DISCHARGE THE ARM OR AMMUNITION IS EXPRESSLY DENIED BY ROCK ISLAND AUCTION COMPANY. A COMPETENT GUNSMITH SHOULD BE CONSULTED BEFORE ATTEMPTING TO USE OR FIRE ANY FIREARM OR AMMUNITION. THE PURCHASER EXPRESSLY ACKNOWLEDGES AND AGREES THAT IN NO EVENT SHALL ROCK ISLAND AUCTION COMPANY BE LIABLE FOR ANY DAMAGES INCLUDING WITHOUT LIMITATION ANY COMPENSATORY, INCIDENTAL OR CONSEQUENTIAL DAMAGES.