So is gun money getting tight or lack of some ammo effecting prices?

[walnutred]

Last night I stopped by a local gun shop, his ammo and powder shelves were almost fully stocked, no primers, no 38 S&W or 380. Looking at his gun cases I noticed a new KelTec P3AT, marked down to $259. That is the lowest price I've see since they were introduced. I wondered if it was marked down because of the lack of ammo availability, he had a Ruger LCR for $650, which is high.

Also, I've been casually looking for one of those fixed frame IJ 55S-A revolvers to add to my accumulation for a couple years. Trouble is I'm cheap. Every one I'd see on the auction sites I'd bid $101, and usually they would close around $150. Last week I placed my usual bid on three and I won two for <$90 each. Maybe the low end gun money is getting tight. Could also be lack ammo availability as 38 S&W is hard to find around here. Since I reload and still have several hundred of the 1970's FN 380 2Z military spec stuff ammo is not a worry. Fortunately for me one is early production and one is late, so they are not exactly the same. But still.

 

[scottaschultz]

Apparently the buying frenzy is over. I was at Cabelas yesterday (and it certainly wasn't to buy a gun!). You used to have to take a number and wait an hour or more just to see one of the sales people to look at a gun, but yesterday there were only 2-3 of them with customers and the other 5-6 of them were just standing around. I predict the next place the folks will be standing is in line at the unemployment office before too long!

Of course their stock of ammunition still stinks and their prices are still outrageous. Why do I keep going back?

Scott

 

[tom turner]

From the looks of the jaw dropping prices some folks are TRYING to get right now for Smith revolvers on the forum's classified section . . . I suspect that not all are affected by this downturn or they'd all be listing things are realistic prices.

Some have hundreds of views and NO replies . . . as it should be.

Sometimes I just scratch my head and wonder . . .

T.

 

[peyton]

I to have noticed the price creep on our classified section. There have been several revolvers that I passed on. I can not shop at LGS because I am at Camp Cupcake Iraq!!

 

[will5a1]

It seems mixed around here - of the shops I haunt, ammo, with limited exceptions (very little .380) is back on the shelves, the guns are back in stock, and one dealer was complaining of being overstocked, having bought too much during the frenzied market earlier this year. I think there is a normal summer downturn in the market for guns, and it might be worse now due to potenital buyers having spent their available discretionary money since this past November.

The other thing that is happening, at least around here, is a lot of unemployed folks are dumping guns for cash to meet living expenses - I haven't been bought, or been offered anything nice yet, but have seen a lot of run of the mill 870's, Mossburg 500's, Win 1894's, Mosin-Nagants, etc. go really cheap. I was in a shop the other day, drinking coffe and chatting with the owner, and a young guy came in with a decent 870 and two older top break shotguns, probably H&R's, and he was very motivated to sell, asked the owner to just make him an offer, but the owner wasn't talking in any used guns, and the other shops the seller had tried were not either. I suggested he try Gunbroker, and was tempted to offer him $200 for the lot, but I have zero need, or room, for anymore utility shotguns.

 

[animalmother]

Not sure about gun prices as am not really adding to my collection at present. Handgun ammo (38, 380, 9mm, 40, and 45) is still hard to find in my area. I sure hope we start seeing ammo prices fall back down to the realm of reason soon.

 

[GatorFarmer]

Same as in the last depression, people stop buying guns. They're a discretionary purchase. Ammo backlog hasn't quite caught up, but it will.

Check to see how many guns S&W, Colt, Winchester, and Remington sold during the Great Depression. Numbers weren't that high.

 

[armybass]

I am buying guns left and right and I have seen some better prices and a lot more availability in the used Smiths wish is what I am after. But ammo is still impossible to find. All I am finding that I use is 44Mag and I buy it when I see it. I go to my local haunt and usually buy one used Smith wheelie out of his case but he is completely stocked back up from where he was a three to four months ago when his cases were near empty.