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Double Rifles, Single Shots & Combinations >> Double Rifles
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bwanakim
.275 member


Reged: 04/12/06
Posts: 69
Loc: San Antonio, Texas
Many guns, high prices!
      #232625 - 17/07/13 09:52 AM

I haven’t posted here in a while, but have been following the forums regularly. I’m not sure where this post should properly go, but I would very much like to have other members take on the astonishing number of top-end double rifles and shotguns for sale on Guns International by Galazan and Steve Barnett. These two dealers apparently have the mother lode of inventory, but have priced it out of the reach of only the wealthiest of buyers who probably have their fair share of this stuff already. One of the dealers has the Robert Petersen collection, left to the NRA at Mr. Petersen’s death. Very few, if any of these pieces have sold within the last couple of years. They keep coming up “New This Week” but they are not new; the listings ran out and they are just being relisted.
I’m no stranger to paying what I consider to be high, but fair, prices for a couple of my pieces. Still, these guns, predominately British, appear to be priced beyond any realistic expectation of sale, even if the economy is recovering, a doubtful proposition itself. I would not call this a shortage of fine guns by any means, just a shortage of buyers at those prices. What’s going on here?

--------------------
bwanakim

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500Nitro
.450 member


Reged: 06/01/03
Posts: 7244
Loc: Victoria, Australia
Re: Many guns, high prices! [Re: bwanakim]
      #232626 - 17/07/13 10:24 AM



Good guns attract more guns !

And if having them as inventory doesn't cost them anything,
they probably don't care because it generates other sales.

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Nordmann
.300 member


Reged: 05/07/13
Posts: 166
Loc: Denmark
Re: Many guns, high prices! [Re: 500Nitro]
      #232630 - 17/07/13 06:48 PM

You can always make a sensible offer, and the worst that can happen is they say NO.

Many people see guns sold at auction, at what seems like lower prices, and use that wrongly as a price guideline. What they forget is that an auction will typically charge 25-35% in commission on top of the sales price, they offer no guarantees (you must view prior to the auction so everything is basically bought as seen) and they have none of their own capital invested. Many guns (not all) tend end up at auction because they have been advertised and not sold, or there is perhaps something wrong with them.

I have posted this quote before on this forum, but I will post it again for bwanakim sake.

"There is hardly anything in the world that someone cannot sell a little cheaper and the people who consider price alone are that person's lawful prey. It's unwise to pay too much, but worse to pay too little. When you pay too much you lose a little money-that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business prohibits paying a little and getting a lot-it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better." John Ruskin

You may also want to consider that the reputable dealers you name above might not own all the inventory they have listed for sale, and that some deceased persons lawyer somewhere is deciding the price. The lawyer may have an interest in dragging out the sale as long as he is getting his fees paid by the family!

The market for average quality guns is soft, on the other hand the market for the rarest and highest quality guns is very strong because very few actually exist. An investment made in a good gun is much better than money in the bank.

There is a new high grade gun buyer born every day!

http://www.telegraph.co.uk/news/worldnew...-in-number.html

--------------------
James Etherington-Thorpe - a man's reputation can be known by his words. Read Mr Thorpe's comments and judge his character by his own words and attitudes.

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rigbymauser
.400 member


Reged: 15/05/05
Posts: 1972
Loc: Denmark
Re: Many guns, high prices! [Re: Nordmann]
      #232642 - 18/07/13 02:32 AM

When I was collecting guns I attended gun shows, flee markets etc. I experienced a commodity of good quality can not be sold if the price is too cheap. Everybody think something is wrong and becomes suspicious. Sometimes a high price make a silly item more interesting/attractive.

Edited by rigbymauser (18/07/13 02:33 AM)

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