Speaking of high-priced Smiths on GB

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Original grips? ....yeah,right.I won't even mention the misfit,lack of diamond,or oversized screwdriver used to install them.
I've sold a few guns lately,including a 19-3 in condition far superior to that one,and I got a fairly small fraction of that price..and I was happy with what I got.No matter what I've offered,I have never received more than one bid.
 
The one photo showing the left side of the muzzle looked like either smeared from an oily or it had been touched up with cold blue. The inside of the recoil shield seemed to indicate it hadn't been shot much. Way over what I would pay for one.
 
They thought it said Registered Magnum not Combat Magnum !
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Unless GLL is correct I just don't understand the selling price?????? I've been known to have pissed away more than a dollar or two in my life, but that price is over the top.
 
That is completely insane. Freakin' nuts.

But that's easy for me to say, I have no money for any guns.

Still, if I did I'd buy several in better shape than that piece.
 
This why I generally won't do business on Gun Broker. It's infested with charlatans, fakers and shill bidders. I've tried to buy guns on GB, won the auction with my opening bid and the seller disappeared( disconnected phone and no email response).

I simply do not believe there are two real fools out there bidding honestly on this gun.

Remember: When something is too good to be true, it isn't!
 
GLL said:
They thought it said Registered Magnum not Combat Magnum ! ;) ;)

Jerry
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I certainly hope that isn't the case, but it may be the only reasonable explanation. There is simply no other way to rationalize that price.
 
Doc44 said:
The bid history shows it was two bidders who drove the price up.

Bill
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The winning bidder has only six feedbacks (all positive) and only one recent enough to see what the auction was for - a $7.00 part. But he has three feedbacks from the Woodlawn Boys, who often have auctions that run into high dollar amounts. So maybe just a guy with more money than sense.

*edit* The next highest bidder has only five feedbacks - all positive - but for items far less than the selling price of this gun, in the $500-700 range. His oldest won auction only goes back to June. He must've wanted this spotty old gun reeeal bad....
 
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Tom K said:
The winning bidder has only six feedbacks (all positive) and only one recent enough to see what the auction was for - a $7.00 part. But he has three feedbacks from the Woodlawn Boys, who often have auctions that run into high dollar amounts. So maybe just a guy with more money than sense.

*edit* The next highest bidder has only five feedbacks - all positive - but for items far less than the selling price of this gun, in the $500-700 range. His oldest won auction only goes back to June. He must've wanted this spotty old gun reeeal bad....
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It's an interesting time on gunbroker right now. My suspicion is that it's actually a byproduct of the gun buying frenzy. I've been meeting more people who have just gotten into guns. In fact I was talking with a lawyer earlier today who started buying guns just 6 months ago, and since he has money he is only buying really fine things, it's just a matter of time until he discovers the wonders of old S&Ws.

I know that I personally sold one rare gun I had on Gunbroker(not a S&W) for a far greater sum of money then I expected and the person who bought the gun has simply been buying that type of gun up for nearly anything anyone would care to sell them for.

The truth is that guns are very cheap, and if you introduce someone who is used to collecting say, cars, to this hobby they are going to feel no pain dropping what we would consider to be a great deal of money on something they want.

I for one am curious to see if these prices are just a few new rich collectors competing against each other, or if we are witnessing a proper jump in S&W prices.

Honestly, a big part of my attracting to S&Ws for the past few years is their affordability vs Colts and Winchesters. I've long thought that they were undervalued compared to where the rest of the gun collecting market is. It won't surprise me if this is just the start of a permanent jump in S&W value. Although I hope it isn't, I'm not rich enough.
 
I was watching that one, but I had no interest in buying because of the uninteresting serial number range and grips incorrect for the period. If it had the box, original accessories and grips, etc., I might have bid.
Surprised as well that it went for so much, but it appears the top two contenders starting sniping each other at $1000 and then it went ballistic.
Hey, it's a free market out there!
 
Tom K said:
The winning bidder has only six feedbacks (all positive) and only one recent enough to see what the auction was for - a $7.00 part. But he has three feedbacks from the Woodlawn Boys, who often have auctions that run into high dollar amounts. So maybe just a guy with more money than sense.

*edit* The next highest bidder has only five feedbacks - all positive - but for items far less than the selling price of this gun, in the $500-700 range. His oldest won auction only goes back to June. He must've wanted this spotty old gun reeeal bad....
Click to expand...

I wonder if the sellers on some of these auctions have people they know bid up the price on an item, but without the intent or responsibility of actually purchasing the piece? I've seen some auctions that ended with a high price from a bid war, yet the gun was relisted in a week because of some problem with the buyer.

Things that make you go hmmm.
 
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