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500grains
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Reged: 16/02/04
Posts: 4732
Loc: Salt Lake City, Utah USA
Has the dropping US Dollar driven double prices up?
      #109213 - 08/07/08 03:55 AM

It seems to me that the price of vintage doubles in the U.S. has gone up substantially in the past year. Has anyone else noticed the same?

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bonanza
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Reged: 17/05/04
Posts: 2335
Loc: South Carolina
Re: Has the dropping US Dollar driven double prices up? [Re: 500grains]
      #109227 - 08/07/08 06:36 AM

Yes.

--------------------


"Speak Precisely" G. Gordon Liddy.

"Life is absurd, chaotic and we must define its purpose with our actions" Abert Camus

"I''m the dude playing a dude disguised as another dude."

"Yo! Mr. White"


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500Nitro
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Reged: 06/01/03
Posts: 7244
Loc: Victoria, Australia
Re: Has the dropping US Dollar driven double prices up? [Re: bonanza]
      #109229 - 08/07/08 07:19 AM


Not that I follow it, but the odd time I have looked
and what people have posted on here, I would tend to agree.


Anyone know the reason why ?


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Nakihunter
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Reged: 13/10/07
Posts: 588
Loc: New Zealand
Re: Has the dropping US Dollar driven double prices up? [Re: 500Nitro]
      #109230 - 08/07/08 07:27 AM

In the last 12 months that I have been on this site, the dollar has dropped by say 10% but the British used DR prices have gone up by 25% or more. The real indicator would be the GBP price movement since the GBP has been more stable.

I also notice that a few collections & estates have come up for auction in the last few months. These would probably have been better quality guns that command a better price than the odd ones floating around.

I suspect that there are fewer large collections - just my instinctive suspicion. Many of these collectors seem to visit this site!

--------------------
Always shoot through the target & not just at it.


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ChrisPer
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Reged: 12/05/08
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Re: Has the dropping US Dollar driven double prices up? [Re: Nakihunter]
      #109244 - 08/07/08 12:26 PM

In 'normal' guns like Rugers, USD prices in the US would not respond to exchange rate shifts. Good doubles SHOULD as they are far more an international market. International transaction costs are relatively modest compared with a $30,000 sell price plus buyers premium, and buyers able to afford agents. Major international buyers may also be able to hold in multiple countries of residence too.

Which leads me to a thought: someone could issue derivatives and offer hedging against 'stocks' of H&H Royal Grade doubles...

You would see 'double flight' as sovereign risk threatened assets, not just capital and head offices moving countries but the best gear may move earlier, signalling spring hunting or the turn of financial tides. Novels would be written, about elephant hunters raiding vaults in Nazi bunkers under Jersey to get a .600 Nitro for upcoming visits to Africa, and being foiled by doughty PETA activists persuading George Soros to ramp the price of the second-tier .577 BPE derivatives against the GBP.

H&H would quadruple in size as Russian and Qatari oil barons swap out oil futures for H&H .450/400 futures contracts...


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Nakihunter
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Re: Has the dropping US Dollar driven double prices up? [Re: ChrisPer]
      #109252 - 08/07/08 02:37 PM

Quote:

... Good doubles SHOULD as they are far more an international market. International transaction costs are relatively modest compared with a $30,000 sell price plus buyers premium, and buyers able to afford agents. Major international buyers may also be able to hold in multiple countries of residence too.

Which leads me to a thought: someone could issue derivatives and offer hedging against 'stocks' of H&H Royal Grade doubles...

You would see 'double flight' as sovereign risk threatened assets, not just capital and head offices moving countries but the best gear may move earlier, signalling spring hunting or the turn of financial tides. Novels would be written, about elephant hunters raiding vaults in Nazi bunkers under Jersey to get a .600 Nitro for upcoming visits to Africa, and being foiled by doughty PETA activists persuading George Soros to ramp the price of the second-tier .577 BPE derivatives against the GBP.

H&H would quadruple in size as Russian and Qatari oil barons swap out oil futures for H&H .450/400 futures contracts...





What a novel that would be!!

--------------------
Always shoot through the target & not just at it.


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DUGABOY1
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Reged: 02/02/03
Posts: 1340
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Re: Has the dropping US Dollar driven double prices up? [Re: 500grains]
      #109275 - 08/07/08 11:29 PM

Quote:

It seems to me that the price of vintage doubles in the U.S. has gone up substantially in the past year. Has anyone else noticed the same?




In the USA,the vintage doubles have gone up considerably, depending on chambering, and maker. This has nothing to do with the exchange rate, but more because of the fact that the quality vintage doubles supply is dwendeling fast. The double rifles that have gone up in the USA, because of the exchange rate and fuel costs makeing shipping, cost out the roof, are the new, and used modern made rifles. This IS because of the exchange rate,and shipping casts and the fact that there are quite a few more customers for usable double rifles for hunting today, than even three yrs ago, and even at the higher prices of the NEW/used doubles, they are still cheaper to buy than the ventage rifles, and are a safer buy for the relatively un-schooled guy who is new to this type of firearm.

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..........Mac >>>===(x)===>
DUGABOY1, and MacD37 founding member of DRSS www.doublerifleshooterssociety.com
"If I die today, I have had a life well spent, for I've been to see the Elephant, and smelled the smoke of Africa!"


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Fladude
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Reged: 21/11/07
Posts: 15
Loc: florida
Re: Has the dropping US Dollar driven double prices up? [Re: ChrisPer]
      #110488 - 27/07/08 01:34 AM

Quote:

In 'normal' guns like Rugers, USD prices in the US would not respond to exchange rate shifts.






Not true, unfortunately. We have seen a marked increase in the price of guns and ammo in the last year, in large part due to the increased cost of materials. After all, metal is tied to an international price.


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bwananelson
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Reged: 08/10/07
Posts: 1195
Loc: DELTONA FLORIDA
Re: Has the dropping US Dollar driven double prices up? [Re: Fladude]
      #110500 - 27/07/08 06:22 AM

its all double rifles,last year i bought a merkle 470NE for 8000 now they are 11-12000.brass and bullets up 25-50 percent.unless you are rich now is not a good time to buy,the 450 400 zoli i ordered i paid in full when i ordered it i glad i did its gone up 3 grand.unless you find a person in trouble and they need to get cash quick now is not the time to buy.just sit back and enjoy what you have the good grace to have

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THERE ARE NO DO OVERS IN LIFE DONT LET A CHANCE AT A DREAM SLIP AWAY.


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ChrisPer
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Reged: 12/05/08
Posts: 235
Loc: Australia
Re: Has the dropping US Dollar driven double prices up? [Re: Fladude]
      #110760 - 31/07/08 10:48 AM

Quote:

Quote:

In 'normal' guns like Rugers, USD prices in the US would not respond to exchange rate shifts.






Not true, unfortunately. We have seen a marked increase in the price of guns and ammo in the last year, in large part due to the increased cost of materials. After all, metal is tied to an international price.




Fladude, you are right, the market in metals and commodities is wildly different now from a US viewpoint. Producers used to write contracts for iron ore with the Japanese in USD as hedges against our AUD or the Yen falling, and very stable it was for a long time - by definition it was therefore stable for US consumers. Now that the USD has eased against everyone else, and world demand in general rising, metal prices have gone through the roof in USD terms - and its going to the Chinese mills. Energy costs are huge too, the more the metal is refined the more of that steel price is not iron but coal!

Thanks for the correction. It is quite a change for us to feel that prices are going up both here AND there. But after seeing how the US economy shrugged off the rust belt's 1980s under-response to Japan, I am sure that US human energy will adjust and overcome, short, medium or long-term.

I still fancy a Wilbur Smith novel about international trade in double-gun derivatives though...


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armbar
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Reged: 25/05/05
Posts: 201
Loc: So Cal USA
Re: Has the dropping US Dollar driven double prices up? [Re: ChrisPer]
      #111293 - 08/08/08 03:54 AM

My humble opinion is that, yes they have gotten more expensive for some of the reasons mentioned. However, I think that they have gone up because now there are more TV shows than ever on hunting in Africa. More people realize that it is within their budget and as they get interested, naturally they get interested in doubles. 5 or 10 years ago Africa was a dream for most. Today, thanks to SCI and others everyone can go to Africa. As the folks with serious money get interested in this sort of thing, market forces prevail.

Armbar


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rigbymauser
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Reged: 15/05/05
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Loc: Denmark
Re: Has the dropping US Dollar driven double prices up? [Re: armbar]
      #111295 - 08/08/08 05:07 AM


I think that the increasing wealth we here in the western world has experienced has offered a bigger interst in these doublerifles in general. Certain people within the world of firearms/hunting has always known that a doublerifle was often used in India and africa by british sportsmen, and with the increasing movies, hunting DVDs, forums etc has promoted not only history, but also guns that were used back then. People are searching for originallity of history and at the same time also wants to become a "part" too. If anyone should doubt this..just look at the participents in cowboy action shoot. Guns, dresses,names etc. When holding an old pre-war doublerifle in your hands it isnīt just a gun, but a history too, when the world was different,bigger, more simple (political aspects) and so on...maybe some sort of escapism.??
I have lots of books about India/hunting, and they have really inspired me to buy a borerifle, and looking at forums and such seing other borerifles too it became a "must have"(obcession maybe).


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butchloc
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Reged: 18/12/04
Posts: 230
Loc: faribault mn
Re: Has the dropping US Dollar driven double prices up? [Re: rigbymauser]
      #111363 - 09/08/08 06:15 AM

probably - i sure have heard that excuse enough - now whether or not to believe it

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