Prices remain high even when demand is relatively low. If you spend time browsing and visiting various shops...youll notice most of their stock has been sitting for YEARS. And if there is a price drop...its extremely minimal, almost laughable. I dont know exactly how some of these guys remain in business to be honest. What kind of business can survive when things sit on your shelf for years??
I have noticed that there is a huge uptick in gun services though...most Gunsmith-gunmakers I know are thriving and have more work (mostly big jobs, the expensive kind) than they have had in many years. People are making money...theyre just not buying vintage guns en-masse like they were in the 90s and early 2000s.
Another observation...even though most doubles do not seem to be selling at a fast pace, prices do seem to be increasing, especially on over/unders. Used guns that were selling for 1k a few years ago...have climbed into the 1.5 to 2k range.
Explain that.
