Here we go again! I just looked at the Lefever listings on Gunbroker, as I do almost every day, and there are actually 158 active listings.
The situation has changed very little in over 15 years, with the exception that Lefevers were undervalued then, and sold for much more reasonable prices then versus now. But I found a great deal on a Lefever on Gunbroker very recently, and bought it.
Most of the active listings are for guns with ridiculously high reserves or starting bids. A lot of these 158 active listings are for reprints of old catalogs or brochures. Many are for Nitro Specials which are a Lefever in name only. There are a bunch of stripped Nitro Special actions which will never sell, and will be relisted over and over. But even the lower grade Syracuse Lefevers that actually sell are selling for two to three times what a gun in equal condition sold for 15 years ago.
The sky is not falling. But people who bought into certain collector manias 10 or 15 years ago are in the red now. Those who are now paying $5000.00 and more for Colt Pythons could be in a similar boat 10 years from now. Or not.
