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Apr 29th, 2024
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Joined: Mar 2002
Posts: 7,727 Likes: 486
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,727 Likes: 486 |
People are not out of money. Some people are out of credit not money. Those who have ready to spend cash are now in a position to go bargan hunting. Maybe some of you have seen a drop in double prices but I have not seen it yet. If the economy slows down more it may come for low to mid grade guns but not high grade guns.
Just as real estate prices are all over the board with major markets having about a years supply of homes for sale, so will the ten of thousands of low to mid level grade guns be under pressure to drop the price for a quick sale. I doubt you will see any major change in the high grade gun prices. After all there are so few of them that it is not that large a market and someone with money will always be looking for his dream gun.
Overseas sales are down I am sure due to the falling dollar. But we had several good periods to buy on the cheap with the stronger dollar. Maybe we bought all the good guns up already and only have tired old Beasleys to pick over.
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Joined: Apr 2002
Posts: 6,250
Sidelock
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Sidelock
Joined: Apr 2002
Posts: 6,250 |
Well, I'm not into sellin' the place, or taking advantage of the needy ...and perhaps you should learn to spell ol'boy!
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Joined: Jan 2002
Posts: 5,954 Likes: 12
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 5,954 Likes: 12 |
A sample of fourteen typical Birmingham boxlocks at holt's 20March08 auction averaged 1.06 of my system estimates. So, I'd have to say there is no lack of money chasing common guns at this time.
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