Are we entering a new era of used gun pricing?

The best way to check the market is to do a gunbroker advanced search and search by completed items. The most recent auctions from the big houses will probably also be a good indicator. I picked up a 586 almost 2 years ago for about $900 otd, and I've seen some sell on gb in the last 90 days in about the same condition in the $600-$700 bid range, so about $700-800 otd. Some S&Ws with poor search engine optimization, or models that are less well known can be had for fair prices. Like others have said, collectibles & niche market guns aren't really subject to many of the same ebbs and flows of the NEW gun market. speaking of I think the NEW gun market right now is the best it will be for the next 4 years. If you want a current production gun, AR 15 better buy one now before the cycle starts again.
 
Headed for Recession

This is one example in price reduction I have
note.

What I like is Česká Zbrojovka USA/Colt redesigned
and reintroduced the Python 357mag and Anaconda
44mag!

I’ve always wanted them but in no way was I going to
pay the outrageous prices for an original.

Now that the Python/Anaconda are plentiful and I’ve
seen them in Gun Shops regularly, some under
MSRP.

Earlier this spring one store had 10% of all guns.
They had all three barrel lengths at the time.

I’ve also found some nice Rifles at very reasonable
prices, not the inflated prices as Revolvers/Pistols.

I believe we are entering a new era.
 
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Dvus said:
Three weeks ago, I was in the market for a nice 1st gen. Colt SAA. I placed a lowball bid on 3 of them on Gunjoker just to see where they would go, knowing that I was going to get outbid. 1st gen Colts in good condition like these, 4 3/4" .45 Colt caliber, have been selling for $3500 and up for the last several months. I about had a heart attack when I won the first one, and was instantly worried about the other 2, which of course I won as well. I won all three three for significantly less than $2000 apiece. OH HOLY ****! I had only intended on spending $2500, not $5500. Oh, well, I guess I'll have to enjoy all three. I guess I have time to figure out which one I want to sell when the market comes back.
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All during their production , a new Colt single action revolver has always had equal fair market value to a common $20 gold piece, or an ounce of gold. Used ones in excellent condition included.
Was true in the 1870’s; still true today.
They are good investments.
 
Dvus said:
Three weeks ago, I was in the market for a nice 1st gen. Colt SAA. I placed a lowball bid on 3 of them on Gunjoker just to see where they would go, knowing that I was going to get outbid. 1st gen Colts in good condition like these, 4 3/4" .45 Colt caliber, have been selling for $3500 and up for the last several months. I about had a heart attack when I won the first one, and was instantly worried about the other 2, which of course I won as well. I won all three three for significantly less than $2000 apiece. OH HOLY ****! I had only intended on spending $2500, not $5500. Oh, well, I guess I'll have to enjoy all three. I guess I have time to figure out which one I want to sell when the market comes back.
Click to expand...

All during their production , a new Colt single action revolver has always had equal value to a common $20 gold piece, or an ounce of gold. Used ones in excellent condition included.
Was true in the 1870’s; still true today.
They are good investments.
 
rockquarry said:
Why wouldn't the price of used guns (or new ones) be considerably higher than they were a few years ago? Everything else is higher as well.
Click to expand...

Well, perhaps they should be if one considers the devaluation of the dollar, but my eyes tell me no!
 
rockquarry said:
Why wouldn't the price of used guns (or new ones) be considerably higher than they were a few years ago? Everything else is higher as well.
Click to expand...

because they were artificially even higher in the 2020-2021 covid/riot/election year etc era. think PSA AR 15s, which were selling for $300 in 2019, going for a grand or maybe even more at the peak covid/riot/election year stage. this is just the market correcting itself and also coinciding with the typical 3rd year presidential term slump. election years they go back up, depending on who wins they either maintain or gain, then they maintain, then they drop 3rd year, then it starts over. plus or minus for any hot button issue crops up in between those usual ebbs and flows.
 
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LVSteve said:
Aimsurplus is selling LE trade-in Glock 22s for the same price they were pre-COVID. If you just "need a gun" now is the time to buy. For collector stuff, it's all over the map.
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I was speaking of the used gun market in general, not specifically the very basic and plentiful implement-type gun as described in your post. However, you have a good point; maybe now is the time to buy such guns.
 
There is a glut of ARs where I shop, way too many of them. Two of my favorite shops are not buying any more of them from customers at any price; exceptions to that for good customers and very low prices of course, but basically they have way more than they want already, and aren't selling many new ones.

One shop owner told me last week "nothing is selling, and hasn't all summer." I visited six shops last week, saw a few S&Ws but nothing I really wanted. Did buy a six inch nickel 27-2 a few weeks ago for $811 out the door but that seemed more a fluke than indicative of broadly lower prices.

But no one has many nice older S&Ws. I've been expecting them to start showing up in pawnshops and LGSs but most seem to sell as fast as they show up if the prices are at all reasonable. Haven't been to a gun show for awhile so can't speak to S&Ws there or prices.

I don't see much, if any, price change in quality engraved pieces.

Jeff
SWCA #1457
 
Additional datapoint for the hypothesis of lowered prices…

Won two Gunbrokers in the last two weeks, both were what I thought were pretty lowball bids.

1) SIG hammer-fired 9mm at a pre-pandemic price, 18 bids total
2) 686+ at a pre-pandemic price - 8 bids total

My fun money is gone for awhile… But seem like plenty fair prices
 
I'm finding lots of great deals on both new & used guns at my local FFL Pawn Shop.
I recently picked up a 629-3 6" and a DB-10 16" ODG .308
 
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rockquarry said:
However, I didn't know the 9mm vs. .45 debate was still going on. I thought that fad died out in the '60s. The .45 always won; hard to see how the argument could continue to the present day.
Click to expand...

I think it's a space filler when they need to fill a couple of more pages before going to press. There's nothing new to learn. And the .45 does always win.:)
 
I have been selling centerfire handguns and the selling prices have been lower the last 18 months than any other time period.
The good news is I have found .22 rimfire handguns in prices that I feel are reasonable.
 
jake1945 said:
I just sold my pristine M84 Springfield trapdoor rifle with bayonet and sling for $3200. I think that price set a new high for that type firearm.
Click to expand...

I believe there are exceptions from what I’ve seen, especially with rare firearms. Recently, a S&W Registered Magnum with documented historical FBI provenance sold at Auction for $50,000 I believe as posted on this forum. There are still those collectors who have the means and ability to get what they want regardless of price! I happen to know some but it certainly doesn’t apply to me and most collectors!
 
brendonjames65 said:
My eyes and brain tell me we are at the precipice of or are now entering a new era of of used gun pricing. I feel a change in the air. Prices are going down. A bad time to sell and a good time to buy.

I offer no scientific evidence, it’s just an observation and my opinion. Many are upon hard times, the economy, inflation, high interest rates, etc. but it really seems like it’s much more noticeable than before, the “chickens are coming home to roost so to speak” and it’s clearly reflected in gun pricing!

I’m aware this is a common thread topic, but I do feel we’re are entering a new era of used gun pricing. Doth mine eyes deceive me?
Click to expand...

Things are probably cooling down now from the China Virus freakout and the supply chain issues. I've heard from my LGS that he's slowed down. He characterized it like this:

We are about 50% down from the pandemic timeframe, but that is still +25% from pre-pandemic levels.
 
Seeing as I got two of the best deals of my life this year on used firearms, and have seen many more since which I was regrettably unable to take advantage of, I'm inclined to agree.
 
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