Prices!

[Coaltminer]

I'm retired, thought I had some extra money, NOT! Looking on gunsites, I'm in bad shape. Most everything is a grand Plus, guess I've been under a rock. Geez

 

[Fishinfool]

Yep, that "rock" sure has gotten bigger. I remember as a young man, spending a little over $400 for a new series 70 Gold Cup. I remember thinking "this is crazy, $400 for a gun". I figured it would be the most expensive gun I ever bought....

Larry

 

[arjay]

Bought my first colt government around '86 or '87 for $525 Adjusted for inflation that's $1,137.today
Wages haven't kept up for most of us.

 

[zzzippper]

For some guns, such as the Colt Python, they have always been just out of my financial reach. By the time I get to an income level where I can afford them the price has once again moved beyond me.

 

[just jim]

I really don't understand prices, guys want as much for a average 94 winchester as you can buy a new AR for. Or the want $400 for a used Italian copy black powder when you can buy a used glock for $375.

I just dont think prices reflect real values.

 

[JJEH]

I'm retired, thought I had some extra money, NOT! Looking on gunsites, I'm in bad shape. Most everything is a grand Plus, guess I've been under a rock. Geez

Congrats on the retirement.

And what are you looking for?

 

[billwill]

A money tree would be a great find!! Then we could buy pretty much whatever. Sometimes you come across a deal and if I can I pick it up. Enjoy it for a while then move it along to another home. I guess that is what most of us do. Better than drinking gambling and chasin wild women....just lose money on those. Beside I'm not running to fast these days so the chasin women thing is not fun.

 

[redlevel]

Bought my first colt government around '86 or '87 for $525 Adjusted for inflation that's $1,137.today
Wages haven't kept up for most of us.

I signed my first teaching contract in 85 or 86. I believe it was for right at $18,000 per year. My last contract, about four years ago, was $60,000. Even with inflation, I could afford more and better guns when I retired than when I started teaching.

 

[Farmer17]

Yeah some guns are way too high, I was wanting a Winchester M70 featherweight .308 and about the cheapest I could find one was about $800. But you can get some decent guns pretty cheap, like a Savage Edge for about $280, Mossberg Maverick pump shotgun for under $200, or a Smith SD handgun for about 300 bucks. There's just no beautiful walnut or rich blueing for the poor folks.

 

[tops]

I really don't understand prices, guys want as much for a average 94 winchester as you can buy a new AR for. Or the want $400 for a used Italian copy black powder when you can buy a used glock for $375.

I just dont think prices reflect real values.

I agree with you that prices don't reflect real values. It is a crying shame and a scandal when an AR cost as much as a M94 and a Glock cost as much as a black powder gun. Larry

 

[peterdeb]

I shoulda kept my Colt combat commander I bought for $225.00 back in 1983. And I thought that price was too high back then.

 

[Rastoff]

Most everything is a grand Plus, guess I've been under a rock. Geez

Only a grand? Sir, you need to start shopping for quality shotguns. The least expensive new O/U shotgun I would recommend these days is over $2K. I've spent less for cars than I did for this one:

I just dont think prices reflect real values.

Prices ALWAYS reflect real values. The price something sold for is the very definition of value. If someone paid that price, then that's what it was worth to him.

People give things like the Blue Book of Gun Values too much credit. It is only a suggestion and is constantly changing based on what guns are selling for.

The value of a thing is defined by only two people; the guy with the stuff and the guy with the currency. Any other comment on "value" is anecdotal.

 

[just jim]

Only a grand? Sir, you need to start shopping for quality shotguns. The least expensive new O/U shotgun I would recommend these days is over $2K. I've spent less for cars than I did for this one:

Prices ALWAYS reflect real values. The price something sold for is the very definition of value. If someone paid that price, then that's what it was worth to him.

People give things like the Blue Book of Gun Values too much credit. It is only a suggestion and is constantly changing based on what guns are selling for.

The value of a thing is defined by only two people; the guy with the stuff and the guy with the currency. Any other comment on "value" is anecdotal.

The reality is, it ain't worth that much till I own it

 

[cowart]

I really don't understand prices, guys want as much for a average 94 winchester as you can buy a new AR for.

On the Winchester website current 94s run from $1,199.99 to $1,459.99
On the Colt website, a regular AR lists at $1,270.00

They seem to be in the same ballpark, or am I missing something?

 

[cowart]

Bought my first colt government around '86 or '87 for $525 Adjusted for inflation that's $1,137.today
Wages haven't kept up for most of us.

On the Colt website, the 1911 Colt Series 70 lists at $1,075.00 in blue and $1,110.00 in stainless.

I guess they must be on sale...

 

[Jim R]

Rastoff

That is a nice ARS Ljutic. Here is a combo that is out in my safe.

http://smith-wessonforum.com/attach...nt.php?attachmentid=176786&stc=1&d=1418452171

 

[Frank46]

I've a Ruger #1 in 45-70 that I bought some years back for $600. Now they want almost double that. And Ruger is limiting the calibers that certain models of the #1's come in. Bought a Marlin 336 in 30-30 also some years back for $300. Now that Remington messed up with the new marlins they make the older pre remington ones are also going up in price. '94 winchesters made by winchester before they closed also have had the prices go up. Last new rifle I bought was a Sako75 in 30-06,discontinued that model and they are selling the Sako 85. Most of what I have was bought years ago when prices were better, I sometimes think I did better with firearms than a crummy bank account that only pays out a low % of what they used to. Even my old
Rem 870 look like new and in checking prices of todays models they don't look as well finished as my old ones. So yeah prices have gone up and do not look for them to get any better. I get sticker shock when I see what they are getting for some of todays firearms. Ouch. Frank

 

[Brian41]

I remember too when a grand was a lot of money for a new gun. Did that on a couple and then started buying old S&W revolvers here when they were cheap instead. They got way ahead of me on price too especially since I retired. Now I'm more apt to trade guns than spend what money I do have on them. Good thing I bought many that I wanted back when I did and was making good overtime money.

 

[Harleystoo]

What I've noticed in the last few months, is that prices are coming down. Collector value is always subjective (rich people always have money, no matter the economy). Like many commodities, buying guns is a **** shoot. Some are just better at it than others.

Retail price wise, I'd rather have a Kimber or S&W 1911 than a Colt.

 

[skrazo]

The reality is, it ain't worth that much till I own it

For me it's: "It ain't worth that much until I want to buy one"!

 

[O2Guy]

I really don't understand prices, guys want as much for a average 94 winchester as you can buy a new AR for. Or the want $400 for a used Italian copy black powder when you can buy a used glock for $375.

I just dont think prices reflect real values.

Prices reflect what someone is willing to pay for it. And the person interested in a black powder revolver isn't really interested in a Glock.

 

[just jim]

On the Winchester website current 94s run from $1,199.99 to $1,459.99
On the Colt website, a regular AR lists at $1,270.00

They seem to be in the same ballpark, or am I missing something?

ya, try arms list or gun brokers for used prices. New prices reflect the makers values and like cars that value changes out the door.

 

[just jim]

Prices reflect what someone is willing to pay for it. And the person interested in a black powder revolver isn't really interested in a Glock.

I understand that the black powder gun is just for entertainment so will collect the value someone looking for entertainment would pay. A glock or smith is a working gun that can be carried CCW so it's value to me is much higher than an entertainment gun.

Guess it's all how each of us define value. I think jewelry is worthless yet there are people who pay big bucks to hang it around there necks. That is the best example I have of value.

 

[the ringo kid]

You all are shopping in the wrong areas. Come down here to Texas--and I can show you who has the best deals--new an used. I kid you not....

 

[ChattanoogaPhil]

Price of a gun doesn't bother me much.

The never ending and non-recoverable cost of shooting is what hits my bank account the hardest.


Sent from my iPhone using Tapatalk

 

[Malpasowildlifer]

Funny how the people I've personally met who say "prices are fair", "if you don't like the price don't buy it", "it is the market"...... have a lot of money.

 

[the ringo kid]

Funny how the people I've personally met who say "prices are fair", "if you don't like the price don't buy it", "it is the market"...... have a lot of money.

a lot of money and m name--dont seem to work out likeeanut Butter an Jelly do. :-(

A few good guys on the block I know are in or near my area and do all the gun shows. I know some guys in Beeville--who will do good deals for ya,and another from Beasley--who will sell you new at almost their cost. Theyjust got started about a year ago--and are doing pretty good. The CC/Robstown show--is always their best show. They know where the cheapskates (like me) are at. ;-))

 

[finesse_r]

Prices ALWAYS reflect real values. The price something sold for is the very definition of value. If someone paid that price, then that's what it was worth to him.

I disagree totally with this. People don’t always know the value of a thing. Any single transaction may or may not be representative of the actual value of a thing. So what a single sale represents is only the sales price. It may be indicative of the value, but value is not price. Price is what something sells for. Value is what something is worth. Price will fluxgate often from sale to sale, whereas value is much more consistent.

To establish value you need to look at several recent sales and see what they indicate. You also need to be able to recognize that some sales may be well be low market value, and some may be well above market value. Value is determined by the actions of knowledgeable buyers and knowledgeable sellers, acting in their own self interests plural, not just one buyer and one seller.

Some unknowledgeable seller inherits an expensive gun and sells it well below the well established value of the gun does not represent value.

Some guy wins the lottery and over pays for a gun because money has no real meaning to him, and that type of sale does not represent value.

Value is determined by many factors. What can another gun in the same or similar condition be had for or replacement value. What can a new gun be manufactured for is another type of replacement value.

If Ruger is manufacturing 10-22 rifles and there are plenty available, the value of a slightly used rifle will in part be determined by what you can go to Wal-Mart and buy a new one for. If Joe Blow pays 350 to Jane Nobody for the standard 10-22 rifle, this will not be the value of a 10-22 if you can go to Wal-Mart or Academy and get one just like it for 250.

People give things like the Blue Book of Gun Values too much credit. It is only a suggestion and is constantly changing based on what guns are selling for.

I agree that Blue Book values are at best a general guide line. Market value for guns will vary some by region, and the Blue Book values are estimates that may be old and outdated or may not be based on actual verified market sales. Still Blue Book values are helpful if there is no other better data available.

The value of a thing is defined by only two people; the guy with the stuff and the guy with the currency. Any other comment on "value" is anecdotal.

The price of a thing for an individual sale is all that is determined by two people in one sales transaction. The value of a thing is very different.

You are trying to equate price to value and they have very different meanings. The price may or may not be related to the value of a thing, but it is not the same as the value of a thing.

Price will also vary somewhat based on the time you are willing to spend to sell the item. If you want a quick sale you typically will not get full value for the item. If you are willing to market or list the gun for sale in a national forum or auction house you have a better chance of getting full value or at times even more than full value for the sales price.

 

[Malpasowildlifer]

Well said Ringo; glad there is another who agrees.

It is always a relief to do business with folks who are fair, sell for a fair profit or perhaps for cost. I know such a shop; he is like this AND he stays in business AND makes a good living by being fair, not gouging, following auctions sites or making statements such as "Big Daddy Joe-trailer-Bob-Billy sell 'em for this all the time", "all 3rd gen 'Smiths are minimum $1200 guns", "a 4'' transition nickle M-27 with lots of flaking, smudges and Hogues is a $1600 gun" etc.

I find it HILARIOUS when you are trying to work out a buy and it is way overpriced and you either say "no thanks" (and the guy replies "why?") Or, you try to articulate why it should be lower by providing links to GB, threads by respected folks on forums, responses by multiple people on a forum that say why it is over priced no matter what the lame excuse (in CA/out of CA, in/not in Arkansas, at a pawn shop/not at a pawn shop, the market is hot, "Ruda-Beth said it is fair", they are/aren't common here) on forums. Then the guy sends you and SCATHING email and or phone call/voice mail that says how cheap you are, this is the deal of the century, I think "it is the only one of its kind" (remember in Highlander? lol). I've got one email and one phone call. I should have kept the email.

a lot of money and m name--dont seem to work out likeeanut Butter an Jelly do. :-(

A few good guys on the block I know are in or near my area and do all the gun shows. I know some guys in Beeville--who will do good deals for ya,and another from Beasley--who will sell you new at almost their cost. Theyjust got started about a year ago--and are doing pretty good. The CC/Robstown show--is always their best show. They know where the cheapskates (like me) are at. ;-))

 

[just jim]

Value, if you bought gold back at $1800 then 22lr was $12 a brick. Today you could sell those bricks for $50+ ($7500) and the gold for about $1226. Values change, the market sets the prices but value may not stay constant.