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Apr 26th, 2024
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Joined: Sep 2005
Posts: 145
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Joined: Sep 2005
Posts: 145 |
Has anyone else noticed that the market is slowing down a little on fine doubles? I'm starting to see alot more doubles for sale, dealers inventories seem to be up and not moving all that fast....I haven't noticed a price reduction..but could that be coming soon?? A local gunshop has probably 20-30 very nice SxS's that havent moved since they got the guns in early last spring. A year ago they wouldnt have lasted a month on the rack.
Best,
Dustin
"We've got clearance Clarence."
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Joined: Jan 2006
Posts: 15,456 Likes: 86
Sidelock
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Sidelock
Joined: Jan 2006
Posts: 15,456 Likes: 86 |
Maybe people are just becoming more selective ?
L.F.
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Joined: Jan 2002
Posts: 455
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 455 |
Maybe it's the typical Summer doldrums (sp)?
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Joined: Feb 2004
Posts: 13,879 Likes: 15
Sidelock
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Sidelock
Joined: Feb 2004
Posts: 13,879 Likes: 15 |
The price of gas, heating oil, homes have taken some of the disposable income from many. With fuel (diesel and gas) being up, prices of common goods have crept up a bit also.
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Joined: Apr 2002
Posts: 6,812
Sidelock
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Sidelock
Joined: Apr 2002
Posts: 6,812 |
An enumeration of the doubleguns on your dealer's rack and their asking price might help us decide. I have a dozen doubleguns and they are fine for the price but not "fine doubles" in anybody's estimation. And then there's the alleged Pahka conspiracy--all the good ones are somehow legacies from the closet of one dead man to the closet of the next. In which case, if such a mechanism existed and was generalizable, many erstwhile collectors would over time "appear" to become more selective because unimpressed by the culls available. On the other hand, boomer money has chased everything else thru the four seasons of man and no reason why a good deal of it wouldn't be diverted into this particular collecting hobby. So the bucks should be there and if they're suddenly being withheld, must have something to do with insecurity and pessimism--or maybe it is the dog days.
jack
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Joined: Dec 2001
Posts: 496 Likes: 12
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 496 Likes: 12 |
Markets for collectables seem to all react the same, whether it is antique decoys or collectable shotguns. The bottom third of the market moves up very slowly in price and is the first to slow down when the economy slows. The middle of the market can move up very quickly in short periods of time (and cool quickly) due to well heeled new collectors entering the market and strong economic conditions. The top of the market never seems to slow down since the people in this market are rarely affected by economic slowdowns.
Guns have appreciated over the last few years but nothing like antique decoys. $250,000 to $350,000 decoys are not uncommon at auction any more.
I have not seen a slow down in the market for mid-grade collectable shotguns, they seem to sell very quickly when they hit the market. My problem is just finding good solid guns that are represented properly.
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Joined: Feb 2002
Posts: 14,122 Likes: 198
Sidelock
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Sidelock
Joined: Feb 2002
Posts: 14,122 Likes: 198 |
As everyone probably realizes, the good stuff is not slowing down much, the crap does not move very well, but has it ever been a fast mover? I have always had to price crap very low and sometimes it still attracts very little attention. Let's face it, guys, we didn't pay very much for crap, so if it doesn't move, big deal. Do you really think those gun show dealers (or what they refer to themselves as, is it "dealers"?) really paid anything for it? Let's just take our crap hunting and not worry about the prices we don't get for it.
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Joined: Dec 2002
Posts: 890
Sidelock
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Sidelock
Joined: Dec 2002
Posts: 890 |
This reminds me of that other post that referred to fine doubles as finite resource.
Most shotgunners don`t give a darn about them old sxs`s,they more wish for a brand new 686 clays gun to go with the 1187.Nice to have but who cares,still a tool.
Combine that with oldtime collections spewing forth their hidden wares,and less n less new blood,you will see the bottom drop out.
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Joined: Jan 2002
Posts: 5,685 Likes: 118
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 5,685 Likes: 118 |
Chuck H has it about right. No money= no sales. The last gun show I went to hardly anyone was buying or selling anything. Unemployment is up- plus illegal aliens taking over the jobs makes money scarce. It is going to be harder and harder to get rid of all the high priced SxSs. I'm getting the feeling that those of us who thought buying guns for an investment was a good idea was a mistake. There just aren't many people who are willing to spend too much for a gun. I tried to sell a guy a Beretta 686 X Mono Trap shotgun a few weeks ago that is like new in the box, three screw in chokes with the warranty for $1000.00 that cost over $1500.00 new. He showed up at the club this week with a 70s Browning BT-99 that has over 200,000 rounds through it because he only had to pay $650.00. People don't want to spend money on guns right now. And it will probably get worse as more people in the US lose their homes and everything else they own.
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Joined: Jan 2002
Posts: 98
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 98 |
It's no secret, we're all just waiting for RBL's. Once they hit the market, all hell will break loose.
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