DblFever: I watched that same Barrett/Jackson auction. Those guys were happily paying 100-200K for a Ford or Chevrolet from the 50's that cost less than 2K when new. Collectible guns like collectible cars or like land are always going to be in demand especially with those who look on a downturn as an opportunity. The media has ALWAYS been the driving force behind a downturn / adjustment which often takes place in a presidential election year. Good guns, cars or land are always saleable to those who have cash to spare. My motto is: "If you think the price is too high just wait a minute & it won't be." As long as the Fed keeps prime at a reasonable level any downturn / adjustment won't last out the year. That old Parker might still be one of the best investments out there.
Best Regards, George
