was at the local knife shop today and spied an uncle henry lb1 (a genuine one) in stainless. i paid $50 australian dollars for it . how rare are these? did i pay too much?
http://www.collectors-of-schrades-r.us/FLYERS/1980s/pages/SC81-8.htm
The little LB-1 Cub was made from 1982-96, so it did have a fifteen year production run. But being discontinued some eleven years ago, and never as popular as it's largest brother the LB-7 Bear Paw, I'd say that while not exactly rare (I personally reserve this catagory for knives produced in quantities of less than 10,000), it is uncommon on today's retail market.
I don't do "values", as most of you know. The collector market is very fluid (fickle) and low production knives can go cheap while some high production knives go high. Condition, completeness (box, papers etc.), and type of packaging (folding box, gift box, clampack etc.) all play a role in what a particular knife will fetch as will local availability. I doubt that NIB LB-1's are very common on the retail market in Australia (they are not here in Tennessee U.S.A.), so might well appear to be rare there. "Buy it now" listings are asking $65 on eBay now, and that is plus shipping all U.S. funds. I'd say you likely got a good deal. Congrats on the score! Now... where is the picture?
Then contact another Australian collector who might have a spare. I have no idea what Aussie customs does with knives like LB-7's, but eBay is loaded with them 24/7, and they go for as low as $25 U.S. plus shipping.
Michael
PS- The LB-1 knives with the UH signature are circa mid-80's - 1996, an approximate ten year spread. Logos and such on packaging can narrow the dates more.
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