I have someone in my family that deals in collector auto's. His view over the past 5 years:
High-end stuff is still being bought and sold. It's the mid-tier, to lower-end stuff that isn't moving.
These are autos that Joe Middle Class auto enthusiast buys and sells. The rich, high-end guys are not hurting.
Seems like the same can be said for the gun market.
On another note, a big box store in my area has had a fine condition European 16 gauge behind the glass for close to 5 years.
Every time I'm in that store, I make a point to check to see if the gun is still there and to see if they've adjusted the price on it.
Yes, it's still there, no they haven't adjusted the price. IMO, asking price does not reflect reality (even 5 years ago)
but I don't think this retailer is concerned with real world pricing.
Apparently they don't need to move this piece of inventory real badly and are willing to sit and wait till
the right pigeon comes along.
Most all of the big box stores do this with used guns. Drives me nuts.
