Buying W.W. Greener: Tales from the Golden Age of Surplus

Published on January 7, 2026
Duration: 8:29

This entry details the strategic acquisition of the W.W. Greener company by Val Forgett's father, highlighting the discovery of a significant Burmese government contract and the subsequent negotiation for valuable manufacturing rights. It showcases how historical business dealings and careful investigation can lead to acquiring significant intellectual property and specialized firearm designs from defunct companies.

Quick Summary

Val Forgett's father strategically acquired the W.W. Greener company by discovering a valid Burmese government letter of credit and leveraging it to purchase the company from the Coltman Group. This acquisition secured valuable intellectual property, including the Greener Harpoon Gun and proprietary cartridges.

Chapters

  1. 00:03Introduction & Guest: Val Forgett & Ian McCollum
  2. 00:24The Accidental Greener Museum Acquisition
  3. 01:00Selling Greener Museum Guns & Catalog Prices
  4. 01:37WWI Ross Sniper Rifle from Greener Museum
  5. 02:57Discovery of Burmese Government Contract
  6. 04:48Strategic Acquisition of Greener Company
  7. 06:08Securing Greener Rights & Royal Guns
  8. 07:34Outcome of the W.W. Greener Deal

Frequently Asked Questions

How was the W.W. Greener company acquired?

Val Forgett's father acquired the W.W. Greener company by first purchasing its museum and remaining assets. He then discovered a valid letter of credit from the Burmese government and used this leverage to negotiate the purchase of the company from the Coltman Group for a minimal sum.

What valuable assets were secured from the W.W. Greener acquisition?

Key assets secured included the rights to the Greener Harpoon Gun, the proprietary Greener Police Cartridge, and unfinished side-by-side shotguns originally intended for royalty. The company also retained valuable manufacturing and intellectual property rights.

What was the significance of the .280 Ross rifle in the W.W. Greener acquisition?

A unique .280 Ross rifle, documented as coming from the Greener museum and used by Lieutenant William Greener in WWI for sniping, was one of the notable firearms retained. Its provenance highlights the historical significance of the museum's collection.

How did Val's father verify the Burmese government contract?

Using a fake British accent, Val's father contacted Greener's bank to confirm the validity of the letter of credit from the Burmese government. This verification was crucial for his negotiation strategy.

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