Vintage Old Timer Pocket Knife Value: Complete Collector's Guide with Price Analysis
Discover the value of vintage Old Timer pocket knives with our comprehensive guide. Learn about identification, pricing factors, and find out what makes these classic American knives so collectible.
By Appraisily TeamLast updated September 20, 2023
Introduction to Old Timer Pocket Knives
Old Timer knives represent a significant piece of American cutlery heritage. These classic folding pocket knives have been treasured by generations of outdoorsmen, collectors, and everyday carriers for their reliability, craftsmanship, and traditional design. Today, vintage Old Timer knives, particularly those manufactured by Schrade before the company’s 2004 closure, have become highly sought-after collectibles with values that continue to appreciate.
<h2 class="section-header__title">
<span>The History of Old Timer Knives</span>
</h2>
<div class="section-header__body">Understanding the historical context behind Old Timer knives is essential to appreciating their value as collectibles. This iconic American brand has a rich heritage that directly impacts today’s collector market.</div>
Old Timer was originally a product line introduced by the Schrade Cutlery Company in the 1950s. The brand quickly became synonymous with traditional pocket knives that featured carbon steel blades and natural handle materials. The “Old Timer” name was meant to evoke nostalgia for the reliable, well-crafted knives of earlier generations.
Old Timer Knife Timeline
1904
Schrade Cutlery Company Founded
The Schrade brothers establish their cutlery business in Walden, New York, laying the groundwork for what would become an American knife-making legend.
1958
Old Timer Line Introduced
Schrade launches the "Old Timer" line of traditional pocket knives, featuring designs inspired by classic American patterns with distinctive stag-like handles.
1960s-1970s
Golden Era
The Old Timer line expands significantly with numerous popular models like the 25OT Budding Knife, 108OT Senior, and 34OT Middleman becoming staples in the market.
1973
Imperial Knife Company Merger
Schrade merges with the Imperial Knife Company to form the Schrade-Walden Cutlery Corporation, expanding production while maintaining quality.
2004
Original Schrade Closure
The original Schrade company closes its doors, ending U.S. production of Old Timer knives and instantly transforming all American-made models into collectibles.
2005-Present
Brand Revival Under Taylor Brands/BTI
The Old Timer brand is acquired and revived, but production moves overseas. The original USA-made knives become increasingly valuable to collectors.
The 2004 closure of the original Schrade factory in Ellenville, NY, marked a definitive end to an era. While the Old Timer brand continues today under different ownership, collectors primarily value the pre-2004 American-made versions, with earlier models from the 1950s through the 1980s commanding the highest prices.
<h2 class="section-header__title">
<span>Identifying Authentic Vintage Old Timer Knives</span>
</h2>
<div class="section-header__body">Being able to properly identify genuine vintage Old Timer knives is crucial to determining their value. Several key markers can help collectors authenticate these classic pocket knives.</div>
Tang Stamps and Markings
The tang stamp (markings on the blade) is one of the most important identifiers for dating and authenticating an Old Timer knife:
SCHRADE+ USA - Used from approximately 1973-2004
SCHRADE+ WALDEN NY USA - Used from approximately 1960-1973
SCHRADE-WALDEN USA - Used from approximately 1958-1960
SCHRADE CUT. CO. WALDEN, N.Y. - Very early markings (pre-Old Timer line)
The “+” symbol in the tang stamp is actually a cruciform, which Schrade began using after their merger with the Imperial Knife Company in 1973.
Model Numbers and Their Significance
Old Timer knives feature a consistent model numbering system that helps identify pattern and production era:
Most Old Timer models have “OT” in their model number (e.g., 25OT, 108OT)
The number typically represents the knife pattern
Some special editions have different designations
According to knife collector forums like All About Pocket Knives, certain models like the limited 1988-1990 production knives are considered among the rarest Old Timers, with original prices of $17.95-$19.95 now commanding significantly higher values on the collector market.
Handle Materials and Blade Characteristics
Authentic vintage Old Timer knives typically feature:
Delrin handles (a durable thermoplastic) with distinctive “saw cut” pattern designed to mimic jigged bone
Carbon steel blades on earlier models, transitioning to stainless steel in later years
Brass liners and nickel silver bolsters
Distinctive shield inlays with the Old Timer logo
Old Timer Knife Identification Stats
70+ - Different Old Timer models produced during Schrade’s USA manufacturing era
46 years - Span of original USA production (1958-2004)
3 distinct - Tang stamp variations help date authentic models
Vintage Old Timer Authentication Checklist
Use this checklist to help verify an authentic vintage Old Timer knife
Tang stamp includes 'USA' marking
Has distinctive saw-cut Delrin handles
Features brass linings and pins
Contains Old Timer shield or emblem
Model number stamped on blade tang
Properly aligned blades with even gapping
Shows appropriate signs of age consistent with claimed vintage
<h2 class="section-header__title">
<span>Most Valuable Old Timer Knife Models</span>
</h2>
<div class="section-header__body">While all USA-made Old Timer knives hold collector value, certain models are particularly sought after due to their rarity, design features, or historical significance.</div>
Rare and Limited Edition Models
Some of the most valuable Old Timer knives include:
Schrade 34OT Middleman - Particularly early examples from the late 1950s and early 1960s with the Schrade-Walden tang stamp
Schrade 80T Cave Bear - A large lockback model with distinctive styling
Schrade 60T Mountain Lion - Another sought-after lockback design
Schrade 15OT Deerslayer - Popular hunting pattern with three blades
Schrade 25OT Budding Knife - Classic single-blade design with curved tip
Collectors forums like BladeForums.com have documented rare Old Timer knives selling for $200+ when in excellent condition with original packaging.
Commemorative and Special Production Runs
Schrade produced several commemorative and special edition Old Timer knives that now command premium prices:
50th Anniversary Models - Released in the early 2000s before factory closure
Collector’s Series - Limited runs with special handle materials or engraving
Sears Craftsman-branded Old Timers - Including the rare #9555 “Schrade Walden Saw Knife” from 1967
According to All About Pocket Knives, special pattern variations like the Schrade Walden Saw Knife with an added fifth blade (saw) are among the hardest-to-find Old Timers and can fetch significant premiums.
Notable Vintage Old Timer Knife Values
Current market price ranges based on recent sales and listings
Category
Price
Notes
Early 1960s Schrade 34OT (Near Mint)
$175-$250
Highly sought for condition and early production
Schrade 80T Cave Bear (Excellent)
$125-$200
Popular large lockback model
Pre-1973 108OT Senior (Good to Excellent)
$75-$150
Classic three-blade pattern
Limited Run Commemorative Models
$150-$300
Depends on rarity and edition
Schrade 25OT with Original Box/Papers
$85-$150
Original packaging adds significant value
Rare Sears Craftsman #9555 with Saw Blade
$200-$350
Extremely rare 1967 special production
</tbody>
</table>
<h2 class="section-header__title">
<span>Factors Affecting Old Timer Knife Values</span>
</h2>
<div class="section-header__body">Several key factors influence the collectible value of vintage Old Timer knives, from condition to provenance and historical significance.</div>
Condition Assessment
Condition is perhaps the most significant factor affecting a vintage Old Timer knife’s value:
Mint/Near Mint - Shows virtually no wear, often with original packaging and paperwork. May still have factory edge on blades.
Excellent - Minor signs of use but no significant wear. Blades open and close smoothly with proper tension.
Very Good - Some patina or minor wear but fully functional. No mechanical issues.
Good - Shows expected wear for its age. May have some cosmetic issues but structurally sound.
Fair/Poor - Significant wear, possible blade play, pitting, or structural issues. Primarily of interest for restoration.
According to observations from eBay listings and specialist knife retailers like KnivesPlus.com, the difference between “Good” and “Excellent” condition can easily double the knife’s value, while original packaging can add 30-50% to the baseline value.
Rarity and Production Variables
Several factors contribute to an Old Timer knife’s rarity:
Production Era - Generally, earlier models (pre-1973) command higher prices
Production Quantities - Limited runs are more valuable than mass-produced models
Special Features - Unusual blade configurations or handle materials
Regional Variations - Some models were produced specifically for certain markets
Original paperwork/warranty cards add another 10-20%
Original price tags or store displays are valuable accessories
Factory sleeves or pouches contribute to completeness
<h2 class="section-header__title">
<span>Where to Buy and Sell Vintage Old Timer Knives</span>
</h2>
<div class="section-header__body">The market for vintage Old Timer knives spans several venues, each with its own advantages and considerations for buyers and sellers.</div>
Online Marketplaces and Auction Sites
The most active marketplaces for vintage Old Timer knives include:
eBay - The largest marketplace with the widest selection, where collectors can find everything from common models to rare specimens. According to current listings, Old Timer knives regularly appear with prices ranging from $30 for common models to $200+ for rare examples in excellent condition.
Etsy - Features many vintage sellers offering Old Timer knives, often with creative photography and detailed descriptions. The Etsy marketplace tends to focus on the aesthetic and nostalgic appeal of these classic knives.
Specialized Knife Forums - Sites like BladeForums.com and AllAboutPocketKnives.com feature dedicated buy/sell/trade sections where knowledgeable collectors exchange specimens, often with accurate descriptions and fair pricing.
Specialty Retailers and Collectors
Several specialty retailers focus on vintage Old Timer knives:
Big Sky Images - Offers a curated selection of authentic USA-made Old Timer and Uncle Henry knives
Collectors specialty shops - Physical and online stores catering specifically to knife enthusiasts
Knife shows and exhibitions - Valuable for in-person examination and negotiation
Authentication and Appraisal Services
For valuable specimens, professional authentication may be worthwhile:
Professional knife appraisers can provide documentation of value for insurance or sales
Knife collector clubs often have experienced members who can help identify rare variations
Auction houses like Heritage Auctions occasionally feature vintage knife collections with expert descriptions
<span>Tips for Collecting Vintage Old Timer Knives</span>
</h2>
<div class="section-header__body">Building a meaningful collection of vintage Old Timer knives requires knowledge, strategy, and patience. These guidelines will help both novice and experienced collectors.</div>
Building a Focused Collection
Successful Old Timer knife collections often follow a specific theme:
Chronological Collection - Acquiring examples from different production eras to show the evolution of the brand
Pattern Collection - Focusing on collecting all variations of a specific pattern (e.g., all versions of the 108OT Senior)
Complete Series - Attempting to collect every model within a specific Old Timer series or time period
Condition-Focused - Specializing in only mint or near-mint examples with original packaging
Preservation and Display
Proper storage and display are essential for maintaining value:
Store knives in a temperature and humidity-controlled environment
Avoid direct sunlight, which can fade handle materials
Use acid-free materials for storage
Consider using mineral oil to prevent corrosion on carbon steel blades
Display cases with UV protection are ideal for showcasing collections
Restoration Considerations
The question of whether to restore vintage knives is debated among collectors:
Purist Approach - Leaving knives in original condition, including patina and wear
Sympathetic Restoration - Careful cleaning and minor maintenance that doesn’t alter original character
Full Restoration - Complete refurbishment, which may decrease collector value but increase aesthetic appeal
Most serious collectors advise against aggressive restoration of rare specimens, as this can significantly diminish their value and historical integrity.
Common Questions About Vintage Old Timer Knife Values
How can I tell if my Old Timer knife is vintage and valuable?
To determine if your Old Timer knife is a valuable vintage piece:
Check the tang stamp - look for "USA" markings indicating American manufacture
Look for "SCHRADE+" or "SCHRADE-WALDEN" stamps, which indicate pre-2004 production
Examine the handle material - authentic vintage models have distinctive "saw-cut" Delrin handles
Note the model number, typically stamped on the tang (e.g., 25OT, 108OT)
Assess the overall condition, as this significantly impacts value
Pre-2004 USA-made Old Timer knives are generally considered vintage and collectible, with models from the 1950s-1970s typically being the most valuable.
What is the most valuable Old Timer knife model?
While values fluctuate with market demand, some of the most consistently valuable Old Timer knives include:
Early Schrade-Walden 34OT Middleman models from the late 1950s
Rare limited production runs like the Sears Craftsman #9555 "Schrade Walden Saw Knife"
The Schrade 80T Cave Bear in excellent condition
Commemorative and anniversary editions with original packaging
Unusual patterns with limited production runs
The condition is critical - a mint condition knife with original box and papers can command 3-5 times the value of the same model in well-used condition. According to collector forums, exceptional examples of rare models have sold for $200-350.
Are Old Timer knives still made in the USA?
No, Old Timer knives are no longer made in the USA. The original Schrade company closed its Ellenville, NY factory in 2004, ending American production of Old Timer knives.
After closure, the Old Timer brand was acquired by Taylor Brands (later acquired by BTI Tools), and production was moved overseas. Modern Old Timer knives are manufactured in China and Taiwan.
This manufacturing history is why pre-2004 USA-made Old Timer knives are considered more collectible and valuable. They represent authentic American craftsmanship and the original quality standards established by the Schrade company.
How can I date my Old Timer knife?
Dating an Old Timer knife involves examining several key features:
Tang Stamps:
"SCHRADE+ USA" (approximately 1973-2004)
"SCHRADE+ WALDEN NY USA" (approximately 1960-1973)
"SCHRADE-WALDEN USA" (approximately 1958-1960)
Handle Materials:
Early models had slightly different Delrin patterns
The shield designs changed slightly over the years
Packaging and Documentation:
If you have the original box, the design changed over the decades
Price tags or paperwork often include dates
Model Numbers:
Some models were only produced during specific time periods
Certain pattern variations can be dated to particular years
For precise dating, specialized collectors’ guides and forums like AllAboutPocketKnives.com can help identify the exact production period.
What affects the value of a vintage Old Timer knife?
Several factors determine the value of a vintage Old Timer knife:
Condition - The most important factor, ranging from mint to poor
Rarity - Limited production runs or discontinued models command higher prices
Age - Generally, earlier models (pre-1973) are more valuable
Original Packaging - Original box and papers can increase value by 30-50%
Provenance - Documented history or interesting ownership story
Completeness - All blades intact, no repairs or replacements
Pattern Popularity - Some models are more sought after by collectors
Historical Significance - Knives with connections to significant events or periods
The market for vintage Old Timer knives continues to strengthen as these classic American tools become increasingly scarce in good condition.
Where is the best place to sell a vintage Old Timer knife?
The best venues for selling vintage Old Timer knives depend on the knife's value and your priorities:
eBay - Reaches the widest audience but charges seller fees and may not attract specialized collectors who recognize rare specimens
Specialized Knife Forums - Sites like BladeForums.com and AllAboutPocketKnives.com have dedicated buy/sell/trade sections where knowledgeable collectors can better appreciate (and pay for) rare or exceptional specimens
Knife Shows - In-person events allow for direct interaction with serious collectors
Specialty Retailers - Some shops specialize in vintage knives and may purchase your knife outright or sell on consignment
Auction Houses - For extremely rare or valuable specimens, established auction houses may be appropriate
For maximum value, be sure to thoroughly document your knife’s condition with clear photographs, accurately identify the model, and include any provenance or original packaging.
Are modern Old Timer knives worth collecting?
Modern Old Timer knives (post-2004) have different collecting characteristics than vintage USA-made models:
Modern Old Timer Collecting Considerations:
Generally lower quality control and materials than USA-made versions
Mass-produced with less hand-finishing
Currently less collectible than USA-made models
More affordable entry point for new collectors
Some limited editions may appreciate moderately
While modern Old Timer knives lack the craftsmanship and historical significance of the USA-made versions, they are still functional tools with traditional designs. Some collectors do focus on post-2004 production, particularly limited editions or discontinued patterns, betting on future appreciation.
For pure investment purposes, vintage USA-made Old Timer knives generally offer better potential returns. However, modern versions remain affordable and practical for users who appreciate the traditional designs without the premium price.
What's the difference between Old Timer and Uncle Henry knives?
Both Old Timer and Uncle Henry were premium knife lines produced by Schrade, but they have distinct characteristics:
Typically feature staglon handles (simulated stag antler)
More hunting and outdoor-oriented designs
Smaller product line than Old Timer
Include more fixed-blade hunting knives
Both lines became collectible after Schrade’s 2004 closure, and both continue to be produced overseas under new ownership. Many collectors specialize in one line or the other, though some collect both due to their shared Schrade heritage and complementary designs.
<h2 class="section-header__title">
<span>Conclusion: The Enduring Value of Old Timer Knives</span>
</h2>
<div class="section-header__body">Vintage Old Timer knives represent more than just collectible tools—they embody a significant chapter of American manufacturing heritage and traditional craftsmanship.</div>
The market for vintage Old Timer knives continues to strengthen as the supply of original USA-made examples in good condition dwindles. These classic pocket knives appeal to multiple collecting audiences:
Knife collectors who appreciate their craftsmanship and historical significance
Americana enthusiasts who value them as symbols of traditional American manufacturing
Outdoor enthusiasts drawn to their practical heritage and connection to outdoor traditions
Investors who recognize their steady appreciation and enduring demand
As with many collectibles, condition and authenticity remain paramount. Original packaging, documentation, and provenance significantly enhance value. The most sought-after examples—particularly those from the early production years or featuring rare patterns—show consistent appreciation that outpaces many modern production knives.
Beyond monetary value, Old Timer knives connect their owners to a distinctly American tradition of practical, reliable tools designed to last generations. Whether carried and used or preserved in collections, these classic pocket knives continue to exemplify the quality and craftsmanship that made them household names across America.
For collectors and enthusiasts, the journey of discovering, authenticating, and appreciating these vintage treasures is as rewarding as the knives themselves. As manufacturing techniques continue to evolve and traditional craftsmanship becomes increasingly rare, the authentic USA-made Old Timer knives stand as tangible links to America’s rich history of quality toolmaking.
