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[Tom_R]

A very nice Revolver, but it is not un-fired, it is not as NIB, The Grips look like they have been re-done.

The top limit on this gun should be about $850, TOPS. And it got the price of a real nice Python. I think the 19 is a very Comparable gun to a Python, but it got the Python Price.

The issue is that now people are going to think they should be getting $1200 for their Pinned and Recessed 19's

Interesting times!

 

[sbowenjr]

Yep there are model 19's and then there are MODEL 19's. Saw another pre 19 on GI this morning for 1300. I almost fell off my chair called and emailed only to find it gone. The hunt continues. Funny thing what started this model 19 obsession. Turned 41 and decided to buy a four inch 57. Got it and thought ma n that's a handful. Don't get me wrong I love the 57 4" N frame. But a 19 just fits my hands better.

Y'all watch yer top knots.

 

[sbowenjr]

Yep there are model 19's and then there are MODEL 19's. Saw another pre 19 on GI this morning for 1300. I almost fell off my chair called and emailed only to find it gone. The hunt continues. Funny thing what started this model 19 obsession. Turned 41 and decided to buy a four inch 57. Got it and thought ma n that's a handful. Don't get me wrong I love the 57 4" N frame. But a 19 just fits my hands better.

Y'all watch yer top knots.

 

[Walter Rego]

This is a fairly recent purchase. Even here in CA where prices are ridiculous, it was less than 1/3 of the cost of the one in the original post. If it had more than a few cylinders full fired out of it I would be surprised. If I thought the fluke of a $2700 sale could be readily repeated I would list it on GB tomorrow.

 

[Mickey D]

A very nice gun but obviously had been handled some. I guess the seller didn't notice the wear marks through the case hardening from the hammer rubbing the frame on the left side, the turn ring and a pretty pronounced drag line across the recoil shield from opening & closing. In my opinion, the buyer paid about 3X what the gun was worth. Not just "a little high" or "paid too early".

The cylinder face also shows evidence of more than three factory test rounds fired.
Not NIB as described in title, IMO.

 

[garbler]

The latest episode of Gun Talk (part B) had the CEO of The Blue Book as his guest. The point was made that prices generally have softened (1 exception being snake gun). That, however, was followed by a comment that there seems to be a new category of buyer who is well off and doesn't mind spending big buck for the guns he wants. It seems that there are plenty of people who made a lot of money in a slow/sluggish economy that are buying on GB right now.

For what it is worth...

And it's not just guns it's cars, paintings even old Chelsea clocks where deep pockets believe there is a finite inventory of whatever and by purchasing a large percentage of this they can control future prices and insure a return on their investment or enhance their net worth. If the best and biggest collection of certain firearms are being held by a dozen wealthy collectors then of course they will have serious leverage on market values in the future. That's the rationale anyway but I think it's kind of dance between ego and risk and just cause somebody has or has made a lot of dinero does not equate to smarts. I've worked in the yacht business, big yachts, many years and seen way too many CEO's lose their butt feeding their egos.

Good friend of mine works for a very highly respected firearm auction house in New Hampshire ( no names ). He has related some interesting stories and conundrums they have landed in handling the sale of collections which needed to be dispersed due to Wall Street collapses and the like. All were new wealth, had limited if any depth in firearms and all had collections that were assembled at prices way above existing market values. When informed that holding a reserve 40% higher than establish pricing is counter-productive these dopes often break down or reply with something like the guns were insured for such or they paid an expert for valuation. Anyway I don't think these numbers can be supported in the long run and like all things will seek a fair level and market equilibrium. My take anyway

Regards

 

[victorylarry]

Saxonpig has it exactly right. A high condition revolver 98% is worth much less than a 99%+ with original box (and sometimes not original from some of the recent auctions I've seen) and we are seeing prices sometimes go for sometimes 3-4X higher for very common guns in like new condition. If it is mint or NIB, it draws a crowd as big money spenders usually want perfection. The old saying "condition trumps rarity" is alive and well. There is usually one or two people bidding this price up so it's not absolutely crazy. I've sold guns on GB that went for half of what the same gun sold for the same night from another seller, then the following week sold a gun that went for twice the most recent high price. It's an auction, and every honest auction there are some things that go high and some that go a little lower...and still quite a bit of fun to watch even if you don't win all the time. Just remember if you are not rich, you kind of got to buy a little lower if you are going to keep your hobby going for any length of time!