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Magnificent 404, What's it worth
Magnificent 404, What's it worth
Hallowell & Co has listed under "new arrivals" a breathtaking 404 by Steve Heilman. Equally breathtaking is the price
$53,500.00. I love the gun and the engraving is gorgeous but I cannot justify that kind of price for a bolt gun. I'm curious what the group feels would be a reasonable cost to replicate this gun? There is a lovely 358 Norma by the same maker for about $20K less also at the same location. Could it be a bargain?
07 July 2010, 00:11
boom stickWOW!
Where does the scope go?
I don't care if it only has one barrel, this is a beauty!
It seems to have all the craftsmanship of the finest doubles. Look at the beautiful extended tangs and engraving to drool over.
This might be the prettiest bolt trash I have ever seen.
07 July 2010, 03:14
Von Gruffquote:
Originally posted by boom stick:
WOW!
It seems to have all the craftsmanship of the finest doubles. Look at the beautiful extended tangs and engraving to drool over.
This might be the prettiest bolt trash I have ever seen.

Love to see more of this beauty.
Von Gruff.
07 July 2010, 03:48
DArcy_Echols_CoWorth every penny
07 July 2010, 07:22
Paolo9,5x73quote:
Originally posted by LJS:
Hallowell & Co has listed under "new arrivals" a breathtaking 404 by Steve Heilman. Equally breathtaking is the price $53,500.00. I love the gun and the engraving is gorgeous but I cannot justify that kind of price for a bolt gun. I'm curious what the group feels would be a reasonable cost to replicate this gun? There is a lovely 358 Norma by the same maker for about $20K less also at the same location. Could it be a bargain?
Not sure what that rifle is worth but if I had that kind of disposable cash I would request pricing info from Hartmann & Weiss or Peter Hofer. I would not want to pay top dollar for something made to fit somebody else.
Yep,
Would hate to use a slip-on pad or have to add-on an orthopaedic butt pad to make one of these fit me!
www.hallowellco.com Stephen R. Heilmann Custom 98 Mauser .404 Jeffrey $53,500
24" tapered round barrel with integrally machined full-band front sight base
(with hood), swivel stud and quarter rib (with 1 standing and 3 folding gold-
lined express sights regulated for 50, 100, 200 and 250 yards). Stocked with
highly figured California English walnut: ebony forend tip, 26 lines-per-inch
classic point-pattern checkering with mullered borders, double reinforcing
crossbolts, beaded pancake cheekpiece, steel trapdoor pistol grip cap,
inletted and sculptured rear swivel stud, and leather-covered recoil pad.
Hand rubbed varnish finish. Mauser 98 action with double squarebridges,
original-design Mauser safety with SAFE and FIRE inlaid in gold, integral
extended top and bottom tangs, completely scratch-made bottom metal
including lever-release floorplate, custom trigger, bolt handle and integral
shotgun-style triggerguard. Engraved by Terry Wallace: fine scroll on front
sight, swivel studs, quarter rib, action body, triggerguard and pistol grip cap.
Albrecht Durer's coat of arms on floorplate. Case colorhardened action,
crossbolts, floorplate, PG cap and rear swivel stud. 3-panel checkered,
sculptured bolt knob. Weight: 9lbs, 12oz. Built in 1990. Pictured on cover of
Heilmann's brochure. Over 500 hours invested in building this rifle---not
including engraving. Virtually new condition. Photo
http://www.hallowellco.com/Heilmann%20404.htm .
Stephen R. Heilmann Custom FN Mauser .358 Norma Mag. $35,750
24" tapered round barrel with integrally machined full-band front sight base
(with hood), full-band swivel base and quarter rib (with 1 standing and 3
folding gold-lined express sights regulated for 50, 100, 200 and 300 yards).
Stocked with highly figured California English walnut: ebony forend tip, 26
lines-per-inch classic point-pattern checkering, double reinforcing crossbolts,
beaded pancake cheekpiece, steel trapdoor pistol grip cap, inletted and
sculptured rear swivel stud, and leather-covered recoil pad. Hand rubbed oil
finish. FN Mauser action with Model 70-type safety, custom bottom metal
including hinged straddle floorplate with release inside triggerguard, custom
trigger and bolt handle. Leupold Vari-X III 1.5 - 5x20mm scope on Smithson
quick-detachable mounts fitted to custom Heilmann bases. Engraved by
Terry Wallace: fine scroll on front sight, swivel studs, quarter rib, action
body and triggerguard. Softly deep-cut floral quatrefoil on pistol grip cap.
Gold inlaid buck elk on floorplate surrounded by deep-cut acanthus scroll.
Case colorhardened action, crossbolts, barrel tie-down, bottom metal, PG
cap and rear swivel stud. 3-panel checkered, sculptured bolt knob and
jeweled bolt. Nitre blued screws. Weight: 9lbs, 11oz. Built in 1989. Virtually
new condition. Photo
http://www.hallowellco.com/heilmann%20358.htmGolly!
At one time it had Leupold QR's with the potmetal levers???
Glad that got fixed!
I would much rather have QRW bases cut integral into the add-on square bridges of this M98!!!
07 July 2010, 09:10
Milo ShanghaiFor that money I would order a London rifle.
07 July 2010, 14:10
EDMHUNTERWhy would anyone take the built in QD scope mounts off and then color case a rifle of that quality? Very nice rifle! It would make a nice truck gun!

07 July 2010, 14:53
jeffeossoits gorgeous -- but imho, NO undocumented/historical firearm is worth that kind of money, with today's market of guns being available to be bought.. perhaps in 15 years, that will be the permiting cost, per gun, but not today
oh, yeah, insomnia SUCKS
07 July 2010, 17:41
Paolo9,5x73One could get custom built and fitted bolt gun of equal quality from more famous maker for less. The asking price is a

this gun must be on consignment.
07 July 2010, 18:06
GeoffM24$5,000 for parts + 500 man hours at $50 an hour = $30,000 tops.
Beautiful! A fine example of the Gunmaker's Art. If we all had the money, we'd all have one. And in 404 Jeffery as well!
Rusty
We Band of Brothers!
DRSS, NRA & SCI Life Member
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Declaration of Arbroath April 6, 1320-“. . .It is not for glory, nor riches, nor honours that we are fighting, but for freedom - for that alone, which no honest man gives up but with life itself.”
07 July 2010, 20:49
Paolo9,5x73quote:
Originally posted by GeoffM24:
$5,000 for parts + 500 man hours at $50 an hour = $30,000 tops.
A very good craftsman is worth a good meal more then $50 per hour. I'm not sure where they came up with tag of $50k+ for that piece. Almost afraid to ask but how much is new made of order one?
Original price for Heilman M98 404 Jeffery with faux square bridges and Leupold QR scope mounts:
parts/materials: $5000
labor 500 hours @ $61.50/hour: $30,750
New price = $35,750
Charge to remove scope mounts and refinish plus consignment sales premium: Add $17,750
New Arrival Price at Hallowell & Co.: $53,500
Number of shots ever fired through this 404 Jeffery rifle: Doubtful
Look on face of owner when it sells for 53.5 K: Priceless
08 July 2010, 04:10
katiesgunsI just looked at the site and its $36,000 and change not $53500
Yup,
Price has been dropped on both:
Stephen R. Heilmann Custom 98 Mauser .404 Jeffrey
$36,500
24" tapered round barrel with quarter rib (with 1 standing and 3 folding gold-
lined express sights regulated for 50, 100, 200 and 250 yards), integrally
machined full-band front sight base (with hood) and swivel stud. Stocked
with highly figured California English walnut: ebony forend tip, 26 lines-
per-inch classic point-pattern checkering with mullered borders, double
reinforcing crossbolts, beaded pancake cheekpiece, steel trapdoor pistol grip
cap, inletted and sculptured rear swivel stud, and leather-covered recoil pad.
Hand rubbed varnish finish. Mauser 98 action with double squarebridges,
original-design Mauser safety with SAFE and FIRE inlaid in gold, integral
extended top and bottom tangs, completely scratch-made bottom metal
including lever-release floorplate, custom trigger, bolt handle and integral
shotgun-style triggerguard. Engraved by Terry Wallace: fine scroll on front
sight, swivel studs, quarter rib, action body, triggerguard and pistol grip cap.
Albrecht Durer's coat of arms on floorplate. Case colorhardened action,
crossbolts, floorplate, PG cap and rear swivel stud. 3-panel checkered,
sculptured bolt knob. Weight: 9lbs, 12oz. Built in 1990. Pictured on cover of
Heilmann's brochure. Over 500 hours invested in building this rifle---not
including engraving. Virtually new condition. Photo
.
Stephen R. Heilmann Custom FN Mauser .358 Norma Mag.
$19,975
24" tapered round barrel with integrally machined full-band front sight base
(with hood), integrally machined full-band swivel base, and quarter rib (with
1 standing and 3 folding gold-lined express sights regulated for 50, 100, 200
and 300 yards). Stocked with highly figured California English walnut:
ebony forend tip, 26 lines-per-inch classic point-pattern checkering, double
reinforcing crossbolts, beaded pancake cheekpiece, steel trapdoor pistol grip
cap, inletted and sculptured rear swivel stud, and leather-covered recoil pad.
Hand rubbed oil finish. FN Mauser action with Model 70-type safety,
custom bottom metal including hinged straddle floorplate with release inside
triggerguard, custom trigger and bolt handle. Leupold Vari-X III 1.5 -
5x20mm scope on Smithson quick-detachable mounts fitted to custom
Heilmann bases. Engraved by Terry Wallace: fine scroll on front sight,
swivel studs, quarter rib, action body and triggerguard. Softly deep-cut floral
quatrefoil on pistol grip cap. Gold inlaid buck elk on floorplate surrounded
by deep-cut acanthus scroll. Case colorhardened action, crossbolts, barrel
tie-down, bottom metal, PG cap and rear swivel stud. 3-panel checkered,
sculptured bolt knob and jeweled bolt. Nitre blued screws. Weight: 9lbs,
11oz. Built in 1989. Virtually new condition. Photo
08 July 2010, 04:53
Milo ShanghaiBig drops.
08 July 2010, 05:33
butchlambertWay out of my pocketbook, but Steve can build me a rifle anytime. I don't know what some of you consider a name builder, but he ain't far off.
Butch
08 July 2010, 06:21
Strut10It'll never be in my finances to drop $53K or $36K into a gun. But, good Lord, is she beautiful!!!!!
Founder....the OTPG
To Quote Sam Spade:
"That's what dreams are made of!"
08 July 2010, 07:16
GeoffM24quote:
Originally posted by Paolo9,5x73:
quote:
Originally posted by GeoffM24:
$5,000 for parts + 500 man hours at $50 an hour = $30,000 tops.
A very good craftsman is worth a good meal more then $50 per hour. I'm not sure where they came up with tag of $50k+ for that piece. Almost afraid to ask but how much is new made of order one?
Yes but there is a lot of grunt work in those 500 hours which I'm sure is done by someone else at the shop getting paid far less then $50 an hour.
08 July 2010, 07:45
Michael RobinsonIn the USA, it is worth what the highest bidding,
bona fide arm's length third party willing buyer chooses to pay fot it, and not a penny more.
Mike
Wilderness is my cathedral, and hunting is my prayer.
08 July 2010, 08:19
HuviusLooks like it has had a price adjustment.
Now at $36,500
08 July 2010, 21:28
mauser93H&H magazine rifle, NIB, about $43,000
WR, ditto, a little north of $33,000.00
Hartmann & Weiss, "POR"
And then there's David Miller....
Good hunting.
09 July 2010, 01:18
JBrownquote:
Originally posted by butchlambert:
Way out of my pocketbook, but Steve can build me a rifle anytime. I don't know what some of you consider a name builder, but he ain't far off.
Butch
I would like to hear what his peers have to say, but IMO Heilman is one of the top metal-smiths. Billy down at the gunshop may not know who he is, but outside of Echols and Miller there are very few smiths who have any real name recognition with the unwashed masses.
That is not opinion, just fact......
Jason
"You're not hard-core, unless you live hard-core."
_______________________
Hunting in Africa is an adventure. The number of variables involved preclude the possibility of a perfect hunt. Some problems will arise. How you decide to handle them will determine how much you enjoy your hunt.
Just tell yourself, "it's all part of the adventure." Remember, if Robert Ruark had gotten upset every time problems with Harry
Selby's flat bed truck delayed the safari, Horn of the Hunter would have read like an indictment of Selby. But Ruark rolled with the punches, poured some gin, and enjoyed the adventure.
-Jason Brown
quote:
Originally posted by DArcy_Echols_Co:
Worth every penny
Well, well, Mr Echols I think you wrote the above when the price quoted was $53, at $36 it must be the bargain of the year.
However I won't be buying it.
09 July 2010, 04:09
boom stickquote:
Originally posted by oldun:
quote:
Originally posted by DArcy_Echols_Co:
Worth every penny
Well, well, Mr Echols I think you wrote the above when the price quoted was $53, at $36 it must be the bargain of the year.
However I won't be buying it.
Worth and market value are two different things.
09 July 2010, 04:33
BlacktailerBeautiful. But as somebody already said, for that kind of cash I would buy a double for $10-12K and spend the rest on another hunt in the Selous. Or maybe take my 375 on 2 hunts in Zim.
Have gun- Will travel
The value of a trophy is computed directly in terms of personal investment in its acquisition. Robert Ruark
quote:
Originally posted by boom stick:
Worth and market value are two different things.
Gosh! I didn't know that.
If you read the question you will see Mr Echols aswered the question posed.
nothing is expensive,just relative.
I prefer an Heilmann,Echols,Ralf Martini etc, rifle over an H&H, mainly cause I value superior workmanship&refinement over brandname.
However I would not get full personal value from that Heilmann rifle, cause several of its features dont appeal to me.
quote:
Originally posted by boom stick:
Worth and market value are two different things.
Very true statement, as is this one as well
"
quote:
Originally posted by Michael Robinson:
In the USA, it is worth what the highest bidding, bona fide arm's length third party willing buyer chooses to pay fot it, and not a penny more.
"
Except it applies around the world, not just in the USA.
Any gun is only worth to me what I am willing to pay for it.
.
I think you need to figure in the 'artistic" value of the engraving as well.
I was fortunate to meet Mr. Heilmann at the ACCG show last time. Very nice man. Had a lot of nice wood for sale. I sure wish that there was some way that he didn't have to be in a wheel chair.
10 July 2010, 08:13
DavidReedquote:
Originally posted by 22WRF:
I think you need to figure in the 'artistic" value of the engraving as well.
I was fortunate to meet Mr. Heilmann at the ACCG show last time. Very nice man. Had a lot of nice wood for sale. I sure wish that there was some way that he didn't have to be in a wheel chair.
The engraving is also irreplaceable since I believe Terry Wallace passed away a few years ago.
That rifle and others he has made make one pause and realize that there are not enough superlatives to describe Heilmann's work.
10 July 2010, 08:46
JBrownquote:
Originally posted by Trax:
I prefer an Heilmann,Echols,Ralf Martini etc, rifle over an H&H, mainly cause I value superior workmanship&refinement over brandname.
However I would not get full personal value from that Heilmann rifle, cause several of its features dont appeal to me.
Very well said. I agree fully on both points.
Jason
"You're not hard-core, unless you live hard-core."
_______________________
Hunting in Africa is an adventure. The number of variables involved preclude the possibility of a perfect hunt. Some problems will arise. How you decide to handle them will determine how much you enjoy your hunt.
Just tell yourself, "it's all part of the adventure." Remember, if Robert Ruark had gotten upset every time problems with Harry
Selby's flat bed truck delayed the safari, Horn of the Hunter would have read like an indictment of Selby. But Ruark rolled with the punches, poured some gin, and enjoyed the adventure.
-Jason Brown