SOLD
37,500.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2010 Sep 11 @ 16:09UTC-5 : EST/CDT
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Manuel Mondragon was an officer and later general in the Mexican army who designed several weapons that were some of the most technically advanced for the early 1900s. The Model 1890 rifle was one of his designs and the first semi-automatic rifle to be adopted by any nation. It's successor, the Model 1908 was an improved design, made in Switzerland at the SIG at Newhouse factory as they were one of the few arms makers, at this time, capable of producing weapons to such close tolerances, as required by General Mondragon. It is estimated that only 400 of this model were ever delivered to Mexico before the Mexican revolution broke out with the remaining rifles all being sold to Germany prior to WWI. The rifles themselves are extremely rare with very few even surviving today in any condition, and the drum magazines are virtually unheard of! Consequently a rifle in this exceptional top condition combined with an original drum magazine, it has to be the only one in the US or anywhere for that matter. The Mondragon employed several unique features such as; an early gas-operated system that has an operating rod that extends from the gas port under the front of the barrel to the front of the bolt to cycle the rifle. The bolt itself takes it's direct lineage from the Schmidt-Rubin rifle which employs four locking lugs at the front of the bolt and four more at the rear that rotate to lock and unlock the action. It is fitted with the correct military style tangent rear sight that is graduated from 400-2500 meters with an inverted "V" front sight with a bayonet lug on the underside of the barrel. The rifle action is unmarked except for the serial number (2578) which is engraved on the left side of the action, top of the bolt, and cocking handling. The stock and handguard are both correctly made from a light colored European straight grained walnut with a flat steel buttplate and the stock is numbered (81.5) on the lower left side. The RARE drum magazine itself is very heavy and robust assembly that has a small serial number plate on top of the flat that is marked "6 over 2272". The back plate of the drum has a single winding lever in the middle and is numbered 10, 15, 20, 25 and 30 to indicate the actual number of load rounds. The markings and operation are both very similar to the German drum magazine configuration used on artillery lugers.
BBL: 25 inch round
Stock: walnut
Gauge: 7 mm
Finish: blue
Grips:
Serial Number: 2578
Condition: Excellent with 98% original blue finish overall. The stock and handguard are also excellent, both with a nice matching light blond European walnut that shows some minor handling marks on the lower buttstock and along the sides of the butt. There is a small arsenal repair directly behind the barrel band on the left side, none of which really detracts from this super rare rifle. The drum magazine retains 75% of the original blue/black finish overall with the balance having flaked off and turned a nice pleasing brown patina that blends in very nicely with the original finish. The visible serial numbers of the rifle all match. This is just a super condition rifle with a one of a kind, unheard of drum magazine. Certainly the only one this describer has seen in 30 + years of collecting. This maybe your only chance to acquire this Mondragon Rig!
Auction Location:
4507 49th Avenue, Moline, Illinois, 62165, United States
Previewing Details:
Preview: Open to the public Thursday, September 9th from 10 AM to 6 PM and Friday, September 10th 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.
1. UNDERSTANDING THE TERMS & CONDITIONS OF SALE. The following conditions of sale make up the entire terms and conditions on which items listed in our catalog and addendum sheets will be offered for sale or sold by Rock Island Auction Company (known hereafter as "RIAC") and any client for whom we act as an agent. Any notices, posted or oral during the sale, are also part of our condition of sale agreement. These are the conditions of the sale. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions. The purchaser's rights and our respective rights and obligations hereunder are governed by Illinois law. By bidding at our auction whether in person or by agent, sealed bid, telephone bid or other means, the buyer or bidder agrees that the contract created by these conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the jurisdiction for contractual disputes is Rock Island County.
2. BUYER'S PREMIUM AND SALES TAX. 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 17.5% payable by the purchaser. The buyer’s premium shall be reduced to 15% provided the payment is paid by cash or the equivalent of cash (cashier’s check, wire transfer, or approved personal check). If the account is settled by credit card, the buyer’s premium then shall be the standard 17.5%. This is not an aggregate percentage on the total items bid rather a per item percentage rate. The premium is added to your successful bid and the two together equal the total purchase price. Some items are exempt from Illinois sales tax and others may be subject to Illinois sales tax or local sales tax. The tax is computed on the total purchase price. To establish a tax free sale, a copy of a valid reseller's permit or other instrument of information must be provided to our satisfaction establishing a sales tax exemption. Any purchaser claiming an exemption yet unable to provide proof will be required to pay the tax to us and seek a refund from the State of Illinois. Generally, all items shipped out of state are tax free sales. We have been authorized by the consignor to retain as part of our remuneration, the buyer’s premium payable by the purchaser.
3. METHOD OF PAYMENT. Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. NOTE TO FOREIGN BUYERS: Method of payment will be U.S. currency, certified check drawn on an American bank or wire transfer.
4. TERMS OF PAYMENT. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. All sales are final at the fall of the Auctioneer’s hammer or at the announcement of "sold". 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. All items purchased by successful bidders must be paid for in full the day of sale. All property must be removed from our premises at the purchaser’s expense no later than 5:00 p.m. five days following the date of sale unless otherwise agreed. If the property is not removed, it may be transferred to a public warehouse for the purchaser at the purchaser’s risk and expense.
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Each purchaser at this auction grants us a security in the property purchased. We may retain as collateral security for the purchaser’s obligations to us any of the purchaser’s property and all monies held or received by us. We may apply against such obligations monies held or received by us for the account of, or owing to, the purchaser. We retain all rights of a secured party under the Illinois Commercial Code. Whenever the purchaser pays only a part of the total price for one or more lots purchased, we may apply such payments, at our sole discretion, to the lot or lots we choose. Payment will not be deemed made in full until we have collected all amounts due in cash on good funds (by our definition). If the conditions of sale are not complied with, in addition to remedies available to us and the consignor by law, we hold the purchaser liable for the purchase price, 15% buyers premium, and applicable sales tax, we at our option may either (1) cancel the sale, retain as liquidated damages all payments made by the purchaser or (2) resell the property either publicly or privately, and in such an event the purchaser shall be liable for the payment of any deficiency plus all costs and expenses of both sales and our commission at our standard rates. The purchaser is also responsible for all other charges due hereunder attorney’s fees and incidental damages, etc.
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16. CLASS 3. All firearms designated as Class 3 must be registered in compliance with the NFA registry. A $200 federal tax payment is required each time a functional NFA firearm is transferred to or from a private owner. This fee as well as full purchase payment is due at time of purchase in order to process the paperwork. The new owner of the Class 3 firearm will be required to complete 3 forms - 1) ATF Form 4, 2) fingerprint card, 3) ATF form 5330.20 Certificate of Compliance. These forms will be provided to you by Rock Island Auction Company. Note: if state of local law requires a permit or license to purchase, possess, or receive NFA firearms, a copy of the transferee's (buyer) permit or license must accompany the application. Rock Island Auction Company then mails the paperwork for the Federal Transfer Tax to BATFE. The BATFE says that it can take up to 90 days for approval. We will receive back one of the Form 4's (they are sent in duplicate) with a Federal Tax Stamp attached to it. This is given to the new owner when he/she picks up the NFA firearm. No further tax is due. The following states do not allow individuals to own machine guns: California, Hawaii, Illinois, Iowa, Kansas, Maine, Michigan, Mississippi, New Jersey, New York, Rhode Island. SPECIAL NOTE: If you are an SOT (Special Occupation Tax) payer (Class 3 dealer) you are able to transfer functional NFA firearms to or from other SOT payers and government agencies with BATFE approval, but without having to pay a transfer tax.
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