I seriously can't take anymore of the 3rd gen prices

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The more I look on gunbroker and and in local shops and see the prices of these firearms approaching "new" costs the more I want to freak out and yell at the people Pricing these things. Let me ask this, do you see the price of a 15 year old Camaro even in the same ballpark as a new one? No, you don't. Jeesh. Is just like to find a really clean 5906 with its original stuff for around 400 bucks. What am I on mars and asking for a mcdonalds around every boulder?
 
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I do understand your frustration. We are witnessing these 3rd gen guns transitioning from duty/commercial use to the collectible phase of their lives. A clean 3rd gen's value is magnified because so many of these guns started out their lives as LE guns. There are not too many out there that escaped heavy use.
 
I do understand your frustration. We are witnessing these 3rd gen guns transitioning from duty/commercial use to the collectible phase of their lives. A clean 3rd gen's value is magnified because so many of these guns started out their lives as LE guns. There are not too many out there that escaped heavy use.

I know that's a big part of the problem, but when I see a 15 year old gun that's mechanically sound but the finish is worn all to dog snot, and they are asking a price of almost near, say a new ruger 1911 it boggles my mind a wee bit
 
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I understand your frustration, but the pistols are listed for that much because people buy them. It's that simple.

Well then they're nuts! Lol! I've seen 3 TSWs locally for 559 to 650 and they have been sitting there since january
 
When it comes to gun prices,a lot of factors come into play.

One is local availibility.A 5906 is a great gun,but you can't buy what isn't available for sale.As common as those types of guns are,some places-like my state of residence-there's just no way you'd ever see one come up for sale that often.I've NEVER seen more than one 3rd gen on sale in the same store since moving here.If I want a 3rd Gen before the end of the year gun show,I have to go online.

Conversely,I've seen 3 S&Ws on sale at a gunstore in Illinois once.They wanted $550 for a lightly used 5903 w/adjustible sights.They weren't there the next time I came to that shop 4 months later,which brings me to the topic of local prices.Some places have different laws than others.A 5903 which sells for 450 in your neck of the woods might go for $600 in a place like California or Mass. where a 3rd Gen can't be sold to a citizen outside of a face to face transaction due to roster restrictions.I've heard anecdotally that a used 5906 in CA can go for $550 and up because the only way to own one is a face to face sale by someone who moved in out of state.

Gunbroker can be a wonky site to judge prices because pf those factors and more.A guy in Georgia logs on and thinks $499 for a 5906 is nuts;he knows Joe can hook him up with one OTD for $300.Conversely a guy logging on from Lincolnshire Illinois thinks $499 is a bargain of the year,since the only 5906 he's seen in his area for the last 2 years went out the door for $600.

Personally,id say that the day of the collectable 3rd Gen is upon us when variants like the 5943 start creeping up in price.Right now only the well known 3rd Gens like the 1006,4506,and 5906 are pricing mid to high.
 
That's all basically commen sense, what I'm saying is all the ones I see that are overpriced Wether it be on gunbroker or a LGS are just sitting there. Example, a 4003 tsw right here in my town in pretty good shape with a price tag of 650 isn't going anywhere, and probably won't for some time. That's not a firearm the general public is looking for anymore, that's why they stopped making them. I'm probably the only person in my town that buys 3rd gens from that store and collects them. But I will say this this, I bought a month 439 from there for 300 and I was happy with my purchase
 
The more I look on gunbroker and and in local shops and see the prices of these firearms approaching "new" costs the more I want to freak out and yell at the people Pricing these things. Let me ask this, do you see the price of a 15 year old Camaro even in the same ballpark as a new one? No, you don't. Jeesh. Is just like to find a really clean 5906 with its original stuff for around 400 bucks. What am I on mars and asking for a mcdonalds around every boulder?

1800ktpguns. they have 5906's with original pacakaging for around $375-$410.

i see the same on uncle henrys that you see on gunbroker. 6906 going for over $650!? nuh uh. i paid $335 for mine 5 years ago...........how does it tripple. people are dumb haha
 
I like 3rd Gens, what I've found works for me, unless you are talking the really unusual variations like CS9's, 908S's or 1006 is give it 30-45 days and go back to the LGS, about 60-75% of the time the gun is still there. The LGS may look at GB etc to sell, but most aren't putting big dollars in them on trade. As you said, 3rd Gen buyers are, while not rare, not a large percentage of the market. After a month or so the LGS gets frustrated and will take realistic money to turn inventory, at least in my area of the world. YMMV.
 
1800ktpguns. they have 5906's with original pacakaging for around $375-$410.

i see the same on uncle henrys that you see on gunbroker. 6906 going for over $650!? nuh uh. i paid $335 for mine 5 years ago...........how does it tripple. people are dumb haha

Well,a sucker truly is born every minute.

Here's how people change-& sell- 3rd Gens for that much.Think for a minute like the uninformed buyer.You're used to paying $550 for a Glock 22 and $700 for a Springfield XDm.All of a sudden you encounter a lightly used metal fram S&W with better craftsmanship than some 1911s.To a customer like that $650 doesn't seem unreasonable.

Its the same reason Sig charges $900 for a gun that's built just like our 3rd gens.Its what the market can bear.I've heard on a different forum how a guy with a polished stainless PT100 .40 S&W Taurus sold his gun when an onlooker noticed the holstered piece and offered to buy it on the spot.When the owner initially rebuffed the first offers to buy,the onlooker offered $1000 cash on the spot for it.The gun's only worth $500 new.According to the author,they did the deal right then and there,and the buyer was allegedly quite happy with his $1000 pearl griped PT100.

We might call the guy a sucker,but as long as the buyer and seller are happy who minds?
 
1800ktpguns. they have 5906's with original pacakaging for around $375-$410.

i see the same on uncle henrys that you see on gunbroker. 6906 going for over $650!? nuh uh. i paid $335 for mine 5 years ago...........how does it tripple. people are dumb haha

Thanks for sharing my philosiphy of ignorance! Haha
 
I think this is all our fault. We are creating a collector's market by letting everyone who has one know what a great gun he's got. If we want to score deals on these, we need to start griping about them like they are Llama and Jennings guns. Once we get the word out, the uninitiated will think that they're outdated garbage and we'll be able to steal 'em!
 
I think this is all our fault. We are creating a collector's market by letting everyone who has one know what a great gun he's got. If we want to score deals on these, we need to start griping about them like they are Llama and Jennings guns. Once we get the word out, the uninitiated will think that they're outdated garbage and we'll be able to steal 'em!

Hahahaha good call dude
 
We may not want to complain too much- if the govt hears the complaints they may want to regulate gun prices...or worse yet, make the sellers tell us all the ingredients- like McDs....

(said with tongue in cheek)
 
I have no problem paying the same price for a LNIB 3rd gen as I would for a new M&P. They are much better guns. Hands down.
Now if they are beat to snot then that's different.
Recently purchased 3rd gens: Last 3 months
5906 Excellent condition no box $425 OTD
3913 Excellent condition no box $350 OTD
4506-1 LNIB unfired with box and papers $550 (Actually traded my .45 M&P) + $50
59 Nickel NIB with goodies unfired $525
39-2 NIB with goodies unfired $425
I don't see any problem with these prices.
I would rather own these well made pieces than the polymer stuff S&W keeps producing.
 
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I have no problem payinng the same price for a LNIB 3rd gen as I would for a new M&P. They are much better guns. Hands down.
Now if they are beat to snot then that's different.
Recently purchased 3rd gens: Last 3 months
5906 Excellent condition no box $425 OTD
3913 Excellent condition no box $350 OTD
4506-1 LNIB unfired with box and papers $550 (Actually traded my .45 M&P) + $50
59 Nickel NIB with goodies unfired $525
39-2 NIB with goodies unfired $425
I don't see any problem with these prices.
I would rather own these well made pieces than the polymer stuff S&W keeps producing.

Those are all quite reasonable prices imho
 
To me, it simply comes down to "what is it worth for me, personally?". At least, this goes for things that I really can relate to, like house, car, gun. I spend 510 Euros for my unfired 1006 recently (see unboxed 1006 thread), and this is above what is listed for that gun in german price guide catalog. But did I bother? No. I just wanted THAT gun, and I feared I will never come over a second example in that nice condition. Stupid approach? Probably. But true happiness this way lies...
I would have spend a 100 more and would be just as happy now. And I would still have considered it a reasonable price, since a new Beretta or a Colt 1911 would cost much more in our local shops.

Would I buy a new Glock just because I can get it 30% below list price? No way, cause it's not my kind of gun.
 
Here's my particular take on the whole thing. I'm not a dumb dumb by any means. I've collected a lot of things over the years. Hotwheels cars beeing one of them. I recently just sold a two year old lot of 54 of them on eBay for 24 bucks. That means I got .44 cents a piece for them. I paid around a buck for each of them. That being said these were run of the mill mass produced cars. They sold a whole lot of each of them. Now, just because you can't go to Walmart and find any of them now, and chances are you won't find any of them anywhere doesn't make them worth .90 cents each. There is no demand for 3rd gen guns. Mainly only to us people that buy and collect them. Every LGS in my state has atleast one at any given time, and if it just sits there shouldn't that be an eye opener to the sellers that something is wrong?
 
The nice thing about markets is that supply and demand will level it out. Always. That is unless government or whoever is manipulating it.
The fact that you are not willing to pay a certain price does not mean the item is overpriced. Only if _nobody_ is willing to pay that price. Than price goes down or item is not sold. Simple truth.
 
Everything is worth exactly what someone is willing to pay for it.

Would I pay $650 for a 3913? No. Will someone? Yes. What's it worth then?

I can guarantee you if the seller is asking $350 he's not going to get $600, so he starts high and waits.

I'm also not going to pay $4,000 for a Cabbage Patch Doll or $1500 for a first run McDonald's Happy Meal Beany Baby.

(Although my dad did have the foresight to collect thousands of the McDonald's Beany Baby dolls and has them stored along with the original paper bags the meal came in. He thought the bags may end up being worth more than the toys some day.... Still waiting for the demand for those to happen....) :D
 
This is an interesting thread.

Back in the 1990s I owned a couple of 3rd generation pistols. They ended up with my brother as I went on to other things (Glocks, Sigs and other European pistols). In December 2006, I received one of my old 3rd gens back from my brother in a multi-handgun trade. That got me back into 3rd gens . . . in a big way. I believed that they were way undervalued at the time. Between 2007 and early 2010, I found that I could locate them in 99%+ condition, many with original boxes, at what I felt were very good prices.

At one point I had 24 3rd gens. I've now peared that down to a collection of 19. All but 4 are in 99% or better condition, and those 4 are at least 95%. As BLUEBELLYYANKEE noted below, I felt that 3rd gens in this type of condition might actually become collectable in the future.

One of my best deals came in January 2008 on a 3913 on consignment at Turners Outdoorsman in West Covina, CA. It appeared what I was buying was the pistol in 99%+ condition with night sights and one magzine for $350, which I thought was a really good deal. However, after the 10 day wait when I went to pick it up, they brought it out of the back in the original box with original paperwork and a total of 3 magazines (1-flat base and 2-finger support).

I also found similar deals while hunting for 3rd genes between 2007 and 2009. However, during 2010, it seemed to me, at least in the case of high grade 3rd gens, that prices were beginning to rise while availability was shrinking. ;)

Here they are:

My only 2nd generation (100% condition):

IMG_0220a-1.jpg


My big boys (10mm & .45):

IMG_2762a.jpg


My service pistols (med. frame)

IMG_0001a-1.jpg


The single-stack compact kids (9mm, .40 and .45):

IMG_2782a.jpg



. . . and the high-cap compact kids:

IMG_2684a-2.jpg
 
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Someone else mentioned the election coming up, that is one reason but shooting in general has exploded lately and there are a LOT more customers out there, more un-informed customers, who will pay more just to have something.
 
So Denver Dick, in conclusion you've decided to list me as sole beneficiary of those fine firearms in your will.
 
Well being I have a MINT 5946 that is lettered as a original NYPD test gun shipped to Rodmans Neck for evaluation when the NYPD was looking to transition from Revolvers to Semi Automatics I will have to post it for 1000.00, its a steal only cause I do not have the original box and papers!!!!!!!!!!

Seriously, as Frustraiting as it can be the guns are worth what people are willing to pay, always have been always will be.
 
I think we would all admit that after handling a brand new Plastic Glock, Springfield XD, M&P or whatever, that is priced at $550, it is compelling to pay $550 or more for a nice condition 3rd gen gun. Maybe it is the cheap-feeling new plastic guns that are actually driving up the value of the 3rd gens.

Imagine taking somebody that knows nothing about guns and get them to hold a brand new plastic gun and then hand them a 22 year old 5906 and then ask them which one they would pay more for.

Enough said.
 
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