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Rare Factory Presentation M1 Carbine by Underwood Presented to Chairman Philip Dakin Wagoner
Lot Closed
Auction by Amoskeag Auction Company, Inc.(1064)
This item is in Manchester, NH
Overview of Rare Factory Presentation M1 Carbine by Underwood Presented to Chairman Philip Dakin Wagoner
Item Details
High Estimate5000
Low Estimate3000
Description Update 03/24/2021: Thin 6” crack right side from magazine well up toward operating rod cutout
serial #PDW, 30 Carbine, 18" 11-43 dated Underwood barrel with a bright excellent bore. The metal surfaces of this lovely carbine retain about 95% original Parkerized finish showing some scattered mild high edge wear, faint handling marks and some small areas toning slightly to mild brown patina. The flat bolt retains a similar amount of original blue showing some light operational wear and the rear sight actually retains most of its bright fire blue. Mr. Wagoner's initials "P.D.W." are neatly factory pantographed where the serial number would be, the engraving identical to other known examples. The smooth walnut low-wood stock and handguard remain in very fine to perhaps near excellent condition showing a small thin flake along the right edge toe line, small flake forming at the heel and some other scattered light handling marks. As one would expect, the stock bears no military markings and is stamped along with the handguard with proper "M-U" Marlin subcontractor stamps. All of the other parts bear correct Underwood stamps and the carbine is equipped with push-button safety, early rear sight, Type IV trigger housing and Type I front band with swivel. Also included are an original oiler, sling and IU-coded magazine. Philip Wagoner was born in 1876 and he went on to have a long career as an industrial manager and executive, much of his early career was spent working at General Electric. He later served as president of the Elliot-Fisher Company, parent company of Underwood, after World War One. The company was reorganized under his leadership in 1927 into Underwood-Elliot-Fisher and he was appointed Chairman of the Board of Underwood in 1945, serving in this capacity until his retirement in 1956. Wagoner passed away in 1962 at the age of 86. This carbine would make for an excellent addition to any advanced U.S. martial collection. (13D9922-1) {C&R} [Vincent Coniglio Collection] (3000/5000)
serial #PDW, 30 Carbine, 18" 11-43 dated Underwood barrel with a bright excellent bore. The metal surfaces of this lovely carbine retain about 95% original Parkerized finish showing some scattered mild high edge wear, faint handling marks and some small areas toning slightly to mild brown patina. The flat bolt retains a similar amount of original blue showing some light operational wear and the rear sight actually retains most of its bright fire blue. Mr. Wagoner's initials "P.D.W." are neatly factory pantographed where the serial number would be, the engraving identical to other known examples. The smooth walnut low-wood stock and handguard remain in very fine to perhaps near excellent condition showing a small thin flake along the right edge toe line, small flake forming at the heel and some other scattered light handling marks. As one would expect, the stock bears no military markings and is stamped along with the handguard with proper "M-U" Marlin subcontractor stamps. All of the other parts bear correct Underwood stamps and the carbine is equipped with push-button safety, early rear sight, Type IV trigger housing and Type I front band with swivel. Also included are an original oiler, sling and IU-coded magazine. Philip Wagoner was born in 1876 and he went on to have a long career as an industrial manager and executive, much of his early career was spent working at General Electric. He later served as president of the Elliot-Fisher Company, parent company of Underwood, after World War One. The company was reorganized under his leadership in 1927 into Underwood-Elliot-Fisher and he was appointed Chairman of the Board of Underwood in 1945, serving in this capacity until his retirement in 1956. Wagoner passed away in 1962 at the age of 86. This carbine would make for an excellent addition to any advanced U.S. martial collection. (13D9922-1) {C&R} [Vincent Coniglio Collection] (3000/5000)
Payment
• Amoskeag Auction Company, Inc. will accept cash, check, MasterCard, Visa, Discover and American Express as payment for items purchased. Credit card purchases are limited to $50,000.00 per customer, per auction. Amoskeag Auction Company, Inc. reserves the right to demand cash or hold merchandise until funds are collected in full. There will be a $35.00 charge for all returned checks.
• There will be a Buyer's Premium of 17.5% + 3% online bidding fee added to all purchases. A discounted Buyers Premium of 15% + 3% online bidding fee will apply to all purchases paid by cash or check.
• Customers without prior credit approval who intend on making purchases in excess of $10,000 must provide credit information such as a bank letter of credit prior to bidding.
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Auction Details
Auction No. 129 - Session 1250 Commercial St., Manchester, NH, 03101Saturday, Mar 27, 2021 | 8:00 AM CDT
Auction House
Terms Of Sale
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PAYMENT POLICY
• Amoskeag Auction Company, Inc. will accept cash, check, MasterCard, Visa, Discover and American Express as payment for items purchased. Credit card purchases are limited to $50,000.00 per customer, per auction. Amoskeag Auction Company, Inc. reserves the right to demand cash or hold merchandise until funds are collected in full. There will be a $35.00 charge for all returned checks.
• There will be a Buyer's Premium of 17.5% + 3% online bidding fee added to all purchases. A discounted Buyers Premium of 15% + 3% online bidding fee will apply to all purchases paid by cash or check.
• Customers without prior credit approval who intend on making purchases in excess of $10,000 must provide credit information such as a bank letter of credit prior to bidding.
• There will be a $35 bank service fee charged to all international payments made by wire transfer.
GUIDELINES FOR FIREARM PURCHASES
• All Federal, State and Local firearms laws will be observed. FFL holders may take possession of any firearm on day of sale when they present a signed copy of their Federal Firearms License. New Hampshire residents over the age of 21 may take possession of any firearm on day of sale providing the proper paperwork is filled out and the transfer has been approved either through the NH State Police or the FBI NICS System. While most NICS and State approvals are immediate, approvals could take up to 3 days. Most non-residents may take possession of long guns on day of sale after completing the proper forms and successfully completing a NICS check; modern handguns will need to be shipped to an FFL holder in the buyer's home state. Buyer is responsible for any and all shipping charges and all items must be paid for on day of sale. Bidders should be familiar with their local and state laws as Amoskeag Auction Co., Inc. will not be responsible for any parties purchasing items which may not be possessed in, or shipped, to their state of residence.
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Firearms that are not marked with one of these notations are considered to be
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FIREARMS WARNING
Amoskeag Auction Company, Inc. does not warranty the safety of any article it sells. Therefore, it is imperative that, before you use any firearm purchased here or anywhere else, you have it examined by a qualified gunsmith to determine whether or not it is safe to use.