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Joined: Jan 2002
Posts: 14,016 Likes: 1819
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 14,016 Likes: 1819 |
Sometimes the market corrects the prices in the opposite way. In the 80s, Win. 12s were all the rage for collecting, and brought ridiculous prices. Then, a few years later, the market made a correction and you could hardly get half price for them.
My Grandaddy was a shrewd businessman/farmer/cattleman. He once told me "When you see everybody going one way, go the other". I could have made some real $$$ if I had followed that advice with guns.
SRH
May God bless America and those who defend her.
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Joined: Aug 2011
Posts: 704 Likes: 1
Sidelock
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Sidelock
Joined: Aug 2011
Posts: 704 Likes: 1 |
Boss, Holland & Holland, Purdey guns at Julia's auction. Under those circumstances it would be pretty hard and unusual to come up with a steal.
Tired guns that have been previously tinkered with are just that - tired guns that have been tinkered with.
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Joined: Mar 2002
Posts: 7,893 Likes: 651
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,893 Likes: 651 |
Stan, Granddaddy's tend to be right because they have lived long enough to see everything. I had a next door farmer who told me long ago to buy land because they are not making it anymore. In fact he was telling me to buy cut over timber, for back taxes, and never sell it, only sell the timber and get several crops off it in my lifetime. Cut over timber back then sold for almost nothing and taxes were even less. He then talked my father into letting me do it, took me to inspect several parcels for sale every year and went with me to the tax sales at the court house door.
My uncle, the Sheriff, held the tax auctions twice a year. Though not legal, even in those days, I was allowed to bid on the parcels that I wanted. Back then you had to be 21 to be considered an adult but things like that were often just winked at. My father did have to sign the papers, on my behalf. Over five years I bought several large blocks, many smaller blocks of cut over timber and a small farm, for what even then was pennies on the dollar.
Several blocks of timber have been cut twice or even three times and should yield a one more timber crop before I pass away. I have never sold any of those parcels, I have swapped two for medium size farms and used the money from timber sales to increase those farms as neighboring land came up for sale. And Mr. Rounds was right, they are not making anymore land and the time to buy land is every opportunity you have, if you can figure a way to afford it. Land never pays in the short term but always does in the long term. I hope it never sees a correction in land prices. The Model 12 fad was just that, a fad and bound to burn out.
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Joined: Jan 2002
Posts: 5,954 Likes: 12
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 5,954 Likes: 12 |
I profess to be a good example to explain why the market for SxS's is "soft."
1) At 61 I am probably young by the standard of this Forum
2) The market for quality SxS's is hard to estimate. I thought I might like to get a Parker or Philadelphia Fox, but I found the variations confusing and I could not get a feel for how much a quality double should cost.
3) I do not hunt.
4) The members on the Smith & Wesson Forum are pleasant and eager to help. Many members of this Forum are a bit too snarky. Bushmaster, any time you are looking at Brit/Continental m ade guns and have a price question, ask here or PM me and I'll gladly len d a hand. DDA
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Joined: Dec 2001
Posts: 2,403 Likes: 17
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 2,403 Likes: 17 |
I have not found high graded, high condition Ithaca guns to be flat or declining. Sure wish I could! A few years ago I bought a nice 5E NID fully optioned for trap for $3500 (still own it and shoot it regally at SC). No more-pushing 5 to 6 K IF you can find one. Please let me know of any you may be aware of at depressed prices.
Last edited by Walter C. Snyder; 01/13/18 12:28 AM.
Walter c. Snyder
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Joined: Feb 2008
Posts: 11,786 Likes: 673
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,786 Likes: 673 |
Buzz, I was replying to Jägermeister's comment on too many guns and having to dispose of a collection. Jagermeister's comment was nothing more than his silly excuse for being nothing but a tire-kicker who doesn't own even one lousy double. There is a better chance that Barack Obama, Hillary Clinton, and Chuck Schumer will become a Life Members of the NRA than there is of Jagermeister buying that hammer double he mentioned earlier. He doesn't seem at all concerned about his family having to dispose of his collection of toy stuffed animals if he croaks. Maybe he plans on taking his Beanie Babies with him. On the subject of flat prices, I saw part of a show last night on the History Channel where Jay Leno was showing the value of a high condition 1963 Pontiac Bonneville now as compared to 10 years ago. The 1963 Bonneville has appreciated in value only 2% in the last decade. That means it would be a net loser when adjusted for inflation. Does anyone think that has anything to do with low game bird populations too? Jay didn't seem all that concerned that he needed to sell off most of his collection of automobiles so that his family wouldn't have to be burdened with disposing of them after his death. Of course, Jay isn't an internet pretender, drooler, and tire-kicker like Jagermeister either.
Voting for anti-gun Democrats is dumber than giving treats to a dog that shits on a Persian Rug
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Joined: Oct 2015
Posts: 593
Sidelock
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Sidelock
Joined: Oct 2015
Posts: 593 |
Prices are not flat here. At least on what I want. It seems that everyone else wants the same as me & the prices reflect that demand. Any amount of rubbish out there & that is flat. One was offered to me for a third of its advertised price, he still has it. O.M
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Joined: Jan 2003
Posts: 2,857 Likes: 15
Sidelock
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Sidelock
Joined: Jan 2003
Posts: 2,857 Likes: 15 |
I'd rather have one of these around than a petty, vindictive A Hole:
"internet pretender, drooler, and tire-kicker"
OWD
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Joined: Jan 2002
Posts: 1,478 Likes: 16
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 1,478 Likes: 16 |
The US dollar has declined in value. This (obviously) raises the price of buying in Euros or BPS.
I recently bought a top drawerLondon gun for well under $15,000 USD - landed cost.
C Man Life is short Quit your job. Turn off the TV. Go outside and play.
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Joined: Dec 2001
Posts: 7,311 Likes: 616
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 7,311 Likes: 616 |
That is not correct at all when talking about the GBP. A quick glance at a ten year chart shows the Pound cost 1.95$ ten years ago and today it is only 1.35$. That would be the dollar gaining value. Your point about great deals to be had currently in the UK I agree with completely.
Firearms imports, consignments
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