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2 members (redoak, GETTEMANS),
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Key:
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Forums10
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Most Online1,344 Apr 29th, 2024
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Joined: Jan 2003
Posts: 2,833 Likes: 13
Sidelock
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OP
Sidelock
Joined: Jan 2003
Posts: 2,833 Likes: 13 |
Is anyone seeing any action out there?
The market looks real SLOOOOW these days.
Over on Gunbroker, a lot of guns are just sitting their, rotting. You can almost smell the stench.
Cabela is moving a few things, but I can't imagine they're seeing decent return on all that inventory.
I wonder if some dealers will be around a year from now?
OWD
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Joined: Jan 2007
Posts: 219
Sidelock
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Sidelock
Joined: Jan 2007
Posts: 219 |
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Joined: Jan 2002
Posts: 5,096 Likes: 37
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 5,096 Likes: 37 |
About an hour ago a 16ga Model 21, two barrel set, sold for $8500 at Montrose Auctions. Add in the commission and it's over $10K. From the pics it looked in nice condition but I'm not very familiar with 21's. Reblued?
My problem lies in reconciling my gross habits with my net income. - Errol Flynn
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Joined: Jun 2007
Posts: 1,417
Sidelock
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Sidelock
Joined: Jun 2007
Posts: 1,417 |
OWD: Although I am not a dealer, per se, I have sold a good many guns over the years. Where I was selling on the average two a week, it is now more like two or three a month. I did sell four last week, but that was unusual. One was a brand new Sig Rizzini TT45, another was an L.C. Smith Trap Gun, another was a James Watson SxS and the fourth was a Colt Police Positive .38 revolver. I am getting a lot of inquiries but not a lot of action. There is a proliferation of gun auctions, both here and in the U.K., and I guess that's where a lot of the "gun money" goes. Still, there are some good deals out there for some interesting guns. I was able to buy a George T. Abbey and a Thomas Bland from Brunk Auctions in Asheville, NC last week at what I believe to be a very favourable price.
Best Regards, George
To see my guns go to www.mylandco.com Select "SPORTING GUNS " My E-Mail palmettotreasure@aol.com
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Joined: Feb 2005
Posts: 7,438
Sidelock
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Sidelock
Joined: Feb 2005
Posts: 7,438 |
Even the "assault rifle buying spree" appears to now be over along with the overhyped ammunition shortage scare that really pumped up sales for awhile. Sporting guns such as shotguns? Who really knows. From what I see in general firearms sales are at a crawl and I suspect this is related to all the economic uncertainty we're experiencing. It's really hard to predict how long this will continue. However; I suspect there will always be a market for high end niche items such as that Winchester Model 21 shown above. Jim
The 2nd Amendment IS an unalienable right.
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Joined: Dec 2008
Posts: 2,292
Sidelock
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Sidelock
Joined: Dec 2008
Posts: 2,292 |
Is anyone seeing any action out there?
The market looks real SLOOOOW these days.
Over on Gunbroker, a lot of guns are just sitting their, rotting. You can almost smell the stench.
Cabela is moving a few things, but I can't imagine they're seeing decent return on all that inventory.
I wonder if some dealers will be around a year from now?
OWD OWD: GEE, I thought your vote for the "Magic Negro" - (quote = L.A. Times) - was going to solve all of this, or so you said....are you now complaining OWD...?....Had you and your like minded friends done your home work before you voted things would be a lot different........... YOU ARE getting the CHANGE that YOU voted for....DO YOU LIKE IT.....?
Doug
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Joined: Jan 2003
Posts: 2,833 Likes: 13
Sidelock
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OP
Sidelock
Joined: Jan 2003
Posts: 2,833 Likes: 13 |
PA24-
Wrong section, PA.
Hate, ignorance, and bile belongs in the politics forum.
OWD
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Joined: Feb 2004
Posts: 13,880 Likes: 16
Sidelock
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Sidelock
Joined: Feb 2004
Posts: 13,880 Likes: 16 |
...I wonder if some dealers will be around a year from now? OWD "Some dealers" are long gone and some are about to go. Small business is declining rapidly. A tax hike should give it a shot in the arm....like sodium cyanide.
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Joined: Mar 2002
Posts: 7,745 Likes: 496
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,745 Likes: 496 |
One large local gun shop, with indoor shooting range, is in a business park. They are doing a fantastic job of meeting shooters needs and selling guns right now. Mostly hand guns and a few long guns. But when you drive down the street to get to them you can not fail but count 13 out of the 15 other store fronts are empty. All but one of them was full before the great "Changer" got elected. This is a real problem. Nine of them wen out in the last five or six months. The efforts by the Changer have failed. Want to try spending another Trillion dollars to get it right this time?
All these small business owner failed or closed and no new ones have been able or willing to take their place. And if you look around you will see the same thing all over the nation. When government is anti business, banks are anti risk, in all types of lending and people loose confidence in the future so much that they stop taking risk you are in for a very long term of tight times.
Experts will debate terms like recession, double dip recession, stagnant economies, or even minor depressions. Japan has been stuck in this type of malaise for one, going on two decades. Sales of guns are secondary when so many are thinking about sales of homes or loss of jobs. Thank God my house is paid for, my cars and trucks are paid for and I only have college tuition for kids to worry about.
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Joined: Nov 2006
Posts: 580
Sidelock
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Sidelock
Joined: Nov 2006
Posts: 580 |
Somebody picked up a Lefever Optimius for $23K yesterday at an auction in Iowa.
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