My Newly Espoused Theory of Gun Collecting Economics

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I have been watching the online auctions for a certain type of WWII gun that was made by several manufacturers. My thought was that maybe I would bring home an addition to my "collection," which currently includes a single example of that type. Unfortunately for me, the hammer prices I've been seeing are way out of my league.

But it got me thinking...

My new theory is that prices for collectible guns that can be considered part of a set rise to the price that a collector missing that one gun from their collection is willing to pay. Perhaps I am just stating the obvious. But there must be some explanation (other than universal shill bidding) for the sky high prices being realized for many of our favorite guns.
 
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I think you're on to a Nobel Prize for gun Economics!

When in my twenties, I detested the "Comfortable" old men for paying higher than normal prices, for a gun I was looking for. Now, I'm almost 61, and when I want something I can afford, I just buy it and worry about supposed value later. As to the young ones, all I can tell you when I'm worm food, there will be a lot of guns for sale, and I won't bid against you!

Ivan
 
Hey, it's just basic economics 101, supply and demand. Demand greater than supply price goes up. Supply greater than demand price goes down........it is universal........
 
I'm old enough to remember the good old days of gun collecting. Went to a show & bought Mod. 92 25-20 carbines for 25 bucks. Took 'em home & worked 'em over, stock finish, cold blue & RIG in the barrel. Then took 'em back & got 40 bucks. Hell, I thought I was making real money. That was in the '50's. Now it's metal detectors, plastic straps, Form 4077's, etc. My son is taking me to a show later in January. I'm not looking for anything special, just looking. Can't carry but will feel safer that in a mall. My S&W collection is long gone but had 17 old models at one time. Number 3's, rare ones, too. Enjoyed them & passed them on. Still have my old Colt SA. 44 prewar & a S&W 22-32 prewar.
 
I'm financially challenged. But this has always seemed to me the way things work out in most cases. When you go to a gunshow and don't have a lot of money just about every table has something you just can't live without. Just the opposite happens when you have a bunch of Benjamins in your pocket there is nothing you see that rings your bells. Happened to me many a time. Frank
 
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