The Economy and Revolver Prices
nerfsrule2
October 12, 2008, 04:21 PM
OK The market is in the tank. Credit is drying up.. Christmas shopping will be unheard of... Will this cause Revolver prices to rise or fall??? I can See them falling as people try to unload revolvers for cash. I can see prices falling especially on F to F local sales... Your comments appreciated... (I am taking my 17-4 3/8 and 586 8 3/8 to the range) i will check back later..Thanks
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The_Shootist
October 12, 2008, 04:34 PM
....dunno about revolver prices but I'm seeing a few ads (Cheaper Than Dirt among them) where ammo prices are being cut. Likely the quick fall of oil has had an impact, but marry that up with a stockmarket crash and thats puttiing downward (finally) pressure on ammo sales.
Not sure about revolvers but would expect to have some effect on reducing price. i mean, its not like they are staples like milk, bread or gas which HAVE to be consumed. Usually its a purchase that can be postponed.
Photoman
October 12, 2008, 09:59 PM
Ammo sales are (will be) down because the metals market is tanking.
psyopspec
October 12, 2008, 10:07 PM
My guess: No immediate change in the near future other than typical Christmas specials/sales. On that note, Smith & Wesson has a 30-50 dollar rebate (depending on the revolver) running now through the end of the year. Check out their web site for more.
45Badger
October 12, 2008, 11:15 PM
Could be my imagination, but the volume of stuff for sale on this forum and others seems to be up. As for pricing, I just pcked up a very nice 4" 681 for $300 at local shop. Shot it this morning and (like all all my Smith's so far) it is a tack driver with my wussified 148 gr, .38 special wadcutters:cool: Shot just fine with 158 gr American Eagle .357 Mag :D
The Lone Haranguer
October 13, 2008, 12:36 AM
You might see a glut of them on the market as people lose jobs and have to sell guns. <whistle>
I doubt if we will have runaway inflation like the Weimar Republic, 1970s Argentina or present day Zimbabwe, so it is unlikely that prices will go up.
Hawk
October 13, 2008, 09:35 AM
I can see downward pressure on pricing as folks start looking for liquidity.
However, there's a fair amount of folks that view older revolvers as a decent investment and might just provide some upward pressure as they view Victory models as less volatile than stocks. If so, it'll probably "wash".
There's always been occasional bargains as "highly motivated and impatient" sellers have always been around but I'd expect not to see much change in what stuff goes for at auction.
tallpaul
October 13, 2008, 09:35 AM
I am of the opposite opinion. I believe that while some will sell low- I believe the need and desire for guns will bump up most if not all of the prices on used guns outside of the "collector" pieces...
I know folk who never wanted that are lookin and lookin hard for guns. It may pay to buy the cheap ones to sell or give to family and friends.
AlPackin
October 13, 2008, 04:36 PM
The central banks are inflating massively in an attempt to halt the global financial meltdown. ALL prices will be going up.
Ala Dan
October 13, 2008, 04:49 PM
Sorry, but I don't see handgun (especailly revolver) prices dropping
anytime soon~! With the older, nice S&W's (and Colt's) being in
high demand; I believe that prices will hold their own; even if the
U.S. stock market crashes. I'm not rich by any stretch; but I do
have a very good boss man, that just last week let me buy a
pristine UNFIRED S&W blued 3.5" barrel model 27-2 for $600 as
well as a used (but not abused) S&W SS heavy barrel model 60-4
with adjustable sights for $300~! :scrutiny: Obviously, I didn't have
$900 cash dollars in my pocket to spend at the time this deal
was made; so I paid for my purchases in trade~! :cool: ;)
AlPackin
October 13, 2008, 05:19 PM
The newest part of my "401K" is a small but growing Smith collection. In my opinion they will appreciate in value as the US$ declines.
jbbaldwin
October 13, 2008, 06:10 PM
I could see prices going a little higher depending on the outcome of the election. Now whether that is justified or not is up to you...
I could also see more folks selling off guns for cash at good prices but its going to be one of those right time right places kind of thing...
SeanSw
October 13, 2008, 10:17 PM
I've been looking 5 years for these $200-300 S&W revolvers. I have never seen a single one during my casual browsing at multiple pawn shops, dealers, or gun shows.
For all the negatives of a revolver (and there are a few) they seem to go unnoticed by a great deal of gun owners.
BigBlock
October 13, 2008, 10:40 PM
I think it will depend largely on who becomes president and whether or not a certain candidate decides to delete the constitution....
Somehow I think it will be like gas from now on - we get screwed either way.
Mickstix
October 13, 2008, 10:56 PM
I've been looking 5 years for these $200-300 S&W revolvers.
Ive just recently started looking, and I can tell ya there are NO deals like that in any of the local stores I visit.. Now, auctions sites are a little different.. You can find lots of .38spl S&W's for 2-300, but finding a .357 stainless steel S&W for that amount is rare, unless it been used AND abused.. And it seems the shorter the barrel the more expensive they get.. (Unless it's the "ultra" rare 3", which takes the cake in most instances..) But I've seen a rash of 4" SS S&W revolvers (nice ones) going for 350-400.00 Just gotta keep looking the auctions over and you'll see one or 2 a week that are good deals.. Least that's been my observations, but YMMV.. Best of luck!
DRYHUMOR
October 14, 2008, 05:29 AM
I've been seeing heavier ad volume in the weekly classified paper (SC). So far, the prices are pretty fair to kinda high.
There have been a few prices on all types of weapons that are exceptional deals, if you were looking for that particular one.
I think what hit's the marketplace may depend on "need" and "want". Everyone needs a good pistol, and will likely keep one. But, the 2,3, or 4 others they have may be sold to pay the bills.
Good time to have an extra 300 to 400.00 bucks in your pocket. And don't forget to ask at the yard sales if they have any guns for sale. You never know. :D
Ala Dan
October 14, 2008, 06:57 AM
Att: All-
You can usually find the $200-$300 S&W .38 caliber revolvers in decent
shape ONLY if you work in a gun shop, and have a bossman as good
as mine~! ;) :uhoh:
madcratebuilder
October 14, 2008, 07:25 AM
Here in northern Orygun prices are up what seems like 15% or more from just a few months ago. Ammo is up, but some surplus nato is down.
22-rimfire
October 14, 2008, 09:47 AM
My crystal ball suggests that prices on normal revolvers will be stable for a few months or fall a little. I expect to see prices begin to rise again in January or coincidentally after the inaugeration of Obama. The increase in price will be based on fear, not normal market demand.
Demand for EBR will rise sharply and prices will follow suit. It's time to buy your EBR toys to speculate on the market.
The Democrats are going to be very busy in the first year following the election further altering our country into a socialist state. No matter what Obama says during the campaign, he will actively support and sign a AWB bill when it comes across the president's desk. I'm feeling pretty gloomy about the future at the moment. The polls are starting to sink in. McCain does not have the "stuff" to fight and he'll return to the Senate doing his thing.
Checkman
October 14, 2008, 10:58 AM
For me firearms are a special purchase. I have more than enough basic firearms to meet all my needs. Handgun, shotgun, rifle, 22 caliber handgun, 22 rifle and so on. With that baseline established everything else is gravy.
I make a concerted effort to ensure that I actually have the funds in my savings account (my toy account is what my wife calls it) to cover a purchase. I also try to stay away from impulse buying. If I'm buying it it's because I've wanted it for a period of time. Planned forit, saved for it, shopped around.
But there are the occasional exceptions. In June a co-worker sold me his 4" Model 15 for $225. I had the money and it's a revolver that has been on my "nice to have" list. I bought it.
I don't expect prices to drop all that much regardless of the economy. I have observed that the second hand gun market is offering a better selection than a couple of years ago. But prices haven't changed to any great degree. I'm talking about the second hand market not ammo or new guns.
I believe in the principle of making sure you can afford something before you buy it.
Phydeaux642
October 15, 2008, 05:40 PM
Quote:
I've been looking 5 years for these $200-300 S&W revolvers.
Ive just recently started looking, and I can tell ya there are NO deals like that in any of the local stores I visit.. Now, auctions sites are a little different.. You can find lots of .38spl S&W's for 2-300, but finding a .357 stainless steel S&W for that amount is rare, unless it been used AND abused.. And it seems the shorter the barrel the more expensive they get.. (Unless it's the "ultra" rare 3", which takes the cake in most instances..) But I've seen a rash of 4" SS S&W revolvers (nice ones) going for 350-400.00 Just gotta keep looking the auctions over and you'll see one or 2 a week that are good deals.. Least that's been my observations, but YMMV
This year I have picked up a nickel 4" bbl model 19 for $300, a model 13 with a 4" bbl for $325, a model 13 with a 3" bbl for $275 and a 1937 38-44 for $270. Today I passed up a model 585 with a 4" bbl for $450 and a model 28 for $375. I'm low on money thanks to this crappy economy.:banghead::banghead:
JCMAG
October 15, 2008, 06:30 PM
Jeez Ala Dan, done bragging yet? :rolleyes:
For all the negatives of a revolver (and there are a few) they seem to go unnoticed by a great deal of gun owners.
And yet, despite lower demand and enormous supply, revolvers are still expensive. Could somebody please explain to me how it is that the basic laws of economics do not apply to revolvers? Are they somehow magical?
Magically awesome, perhaps, but a young fellow like me doesn't have the capital to be "investing" in user-grade firearms at Colt prices. :cuss:
I went to a small town gun shop expecting better prices. Negative. $400 for a twenty-year-old S&W 19, nickel, and rough. Oi. Well, I prefer blue, anyway.
No, revolver prices likely will not go down. The only places that will be effected by any sensitivity to increases in supply will be very large shops that move a lot of used merchandise. I've never seen such a place and I doubt that there are many of them.
With any luck, revolvers won't be treated the way comic books were in the Ninties... Like the S&W 29 after Dirty Harry, except applied to all wheelguns... Ugh...
But I'm still optimistic. Lots of folks here talk about their steals (looking at you, Ala Dan :scrutiny::p), good karma is bound to come my way eventually... Recession or no recession...
Jimfern
October 16, 2008, 10:46 AM
I suspect there could be some bargains at the local pawn shop, if not now, several months down the road, if they get too much inventory.
http://www.msnbc.msn.com/id/27121805/
My former sales engineer just picked up a good condition Dan Wesson pistol pack, 357 with all the barrels, in the case, for $529 yesterday at a gun shop in Fort Worth. I thought that was a steal.
ElToro
October 19, 2008, 03:33 PM
around here (S.F. bay area PRK)
i have not seen S&W prices come down much, but i do see more stuff avialable for sale. Ruger prices are stable as well. i have picked up a stainless blackhawk .45 and stainless super blackhawk .44 this summer. and have deposit hold money on several more in .357. as stuff sits on shelves, the consignment prices will come down.
also picked up an anschutz/stevens .22LR bolt gun with leupold 3-9. also for what i thought are very good prices.
i have also been picking up ammo when i think its cheap. i have collected several k rds of aussie, port and south african 7.62 recently averageing about 40c a round delivered. you have to shop around and scour the deals from guys who are hard up and need cash now. a good way to deal with those guys is to tell them that i can get reloadable 7.62 for 50-55c a round delivered and i cant reload Aussie, Port or SA (easily)
Re: inflation.. guns (oil, gold, ammo) dont cost more, your dollars are worth less.
lock in your mortgage for as long as you can for as cheap as you can. that way your paying it off with ever cheaper dollars.
ever notice the fed .gov doesnt say inflation is anything more than 2 or 3% ? think of all the people on socialism security and those that have state, local, and fed jobs and pensions, the annual increases are almost always tied to the official inflation rate. if the .gov said inflation was really double digit, they would bankrupt this country even faster having to give everybody a 10% raise or increase in their monthly check... think about that one a while.
Ala Dan
October 19, 2008, 06:15 PM
I think my friend JCMAG missed the point~! :uhoh: I'm not
bragging at all; but rather stating that there are deals out there,
if a person knows where too look~! :cool:
I see some fantastic deals all the time, but unfortunately lots of
times I don't have the extra cash too spend :cuss:~! One that I
recently had too pass up was a slightly used H&K USP Compact
.40S&W with stainless slide (in box, and with docs) for $450~! :(
nerfsrule2
October 25, 2008, 03:18 PM
Right now I am seeing the Obama Effect....With all of the things being said about his Gun grabbing, Magazine Banning and Backdoor gun control policies..Dealers are asking premium prices @ online auctions..The only guns that are moving (with any consistency) are true no reserve auctions.
bflobill_69
October 27, 2008, 12:42 PM
Yeah I am in the market for a S&W K-22 - and the prices have done nothing but CLIMB, and fast... ammo is doing about the same!
Bflobill_69
Storm
October 29, 2008, 09:49 AM
Yes, there are a lot of used guns hitting the market. The supply is going to be high and the funds to buy them limited. At the same time I see gun shops around here more busy than ever. It depends on the election. I see the prospect of an Obama presidency driving a lot of sales, maybe not so much with revolvers. I think once the election is over with we will have a better idea of where things are going.
nerfsrule2
October 29, 2008, 01:26 PM
OK, I just picked up a S&W 17-6 K-22 masterpiece, 8-3/8", 97%, TH, TT, NR.. Full underlug off gunbroker.. $650.. I paid about $150 more than I wanted to but I shoot about 2000 rounds a week so shooting this will save on beefier rounds.. (I also shoot the same in a 17-4).. But in this case I paid more ..So was this; people bidding up to collect and store or 'cause they needed a small bore for practice??
Peter M. Eick
November 1, 2008, 12:42 PM
Here in Houston, the firearms market "appears to me" still to be inflating. I don't see a glut of firearms at the local pawn shops or dealers yet.
I think it will take another 6 months for the true impact of the likely democratic take over to be felt. That is when the unemployement will really kick in and folks will have to dump guns to pay for April 15th.
Normally that is when I find my best buys. Feb to April.
nerfsrule2
November 7, 2008, 11:58 AM
Buying Guns, for Fear of Losing the Right to Bear Them
By KIRK JOHNSON
DENVER — Sales of handguns, rifles and ammunition have surged in the last week, according to gun store owners around the nation who describe a wave of buyers concerned that an Obama administration will curtail their right to bear arms.
“He’s a gun-snatcher,” said Jim Pruett, owner of Jim Pruett’s Guns and Ammo in northwest Houston, which was packed with shoppers on Thursday.
“He wants to take our guns from us and create a socialist society policed by his own police force,” added Mr. Pruett, a former radio personality, of President-elect Barack Obama.
Mr. Pruett said that sales last Saturday, just before Election Day, ran about seven times higher than a typical good Saturday.
A spot check by reporters in four other states easily found Mr. Pruett’s comments echoed from both sides of the counter.
David Nelson, a co-owner of Montana Ordnance & Supply in Missoula, Mont., said his buyers were “awake and aware and see a dangerous trend.”
Mr. Nelson said sales at his store had risen about 30 percent since Mr. Obama declared his candidacy. “People are concerned about overreaching legislation from Washington,” he said. “They are educating themselves on the Internet.”
In Colorado, would-be gun buyers set a one-day record last Saturday with the highest number of background check requests in a 24-hour period, according to figures from the Colorado Bureau of Investigation.
“We’re not really sure who is promoting the concept that a change in federal administrations might affect firearms possession rights,” said an agency spokesman, Lance Clem, “but we do know that it’s increased business considerably.”
Federal law-enforcement officials cautioned that gun sales were extremely volatile. Nationally, rifle and handgun sales surged 17 percent, for example, in May, compared with May 2007, according to Federal Bureau of Investigation figures. That was before Mr. Obama had clinched the Democratic nomination. Sales then fell and were essentially flat by September compared with the year before, even as the campaign heated up, before rising 14 percent in October. November figures were not yet available.
What is clear is that every gun seller — not to mention every advocacy group for gun ownership that depends on dues-paying members — has an incentive to stoke the concern that can prompt a gun sale. Political uncertainty, gun dealers say, is great for business.
“Clinton was the best gun salesman the gun manufacturers ever had,” said Rick Gray, owner of the Accuracy Gun Shop in Las Vegas. “Obama’s going to be right up there with him.”
Sales at his shop doubled on Wednesday, Mr. Gray said, to more than 20 guns from three to 10 on a typical day.
Asked if that made him root for Democratic candidates, Mr. Gray said no. “It’s not all about profits; it’s about what’s he going to do for the country,” he said, noting that he had supported Senator John McCain, who was the Republican nominee.
A National Rifle Association spokesman, Wayne LaPierre, dismissed the notion that the group had any incentive to increase gun sales or membership. “Ridiculous,” Mr. LaPierre said. “I hope President-elect Obama keeps his promises and protects gun rights. If he does that, we’ll be cheering.”
The political battle over guns raged fiercely throughout the campaign in many states where gun ownership is common. On Monday, the day before the election, home-delivered copies of The Pittsburgh Post-Gazette arrived in plastic bags that said, “Vote Freedom First” and “Defend Freedom — Defeat Obama.” The bags were paid for by the N.R.A., whose initials were printed on each one.
Democrats fired back all over the country, with mail campaigns in many states with fliers stating flatly that as president, Mr. Obama would respect an individual’s right to own guns.
“Obama will protect our gun rights,” said one flier sent to homes in Minnesota.
In Montana, Gov. Brian Schweitzer, a Democrat, was photographed shooting his guns outdoors.
But some gun buyers and sellers never forgot, or forgave, Mr. Obama’s widely reported comment in April to a group in San Francisco that some Americans “cling to guns or religion” in times of adversity.
“It was an annoying comment, and it showed there’s a lot more to him,” said Mike Warner, 38, of Las Vegas, who was shopping for a gun there on Thursday.
Mr. Warner said he was an N.R.A. member and an owner of two guns but wanted at least one more.
Other people, even some shopping for guns, said they thought that some gun enthusiasts’ fears about Mr. Obama were unjustified. James Sykes, a gun collector who was shopping at the Gun Room in Lakewood, Colo., called the rush to buy guns “a lot of hysteria about very little.”
Mr. Sykes, who said he had voted mostly Republican in the past but supported Mr. Obama this year, said that issues like war and the global economic crisis were more pressing for him right now and that he imagined the same was true for Mr. Obama.
“My Second Amendment rights are unquestionably important to me, but so is feeding my family,” he said. “In reality, you won’t be able to afford to buy a gun if your job goes overseas.”
But markets, whether for guns or stocks and bonds, tend to move with their own internal dynamics even in — perhaps especially in — gloomy economic times.
Chris Casella, general manager of Federal Firearms Company in Oakdale, Pa., a suburb of Pittsburgh, said he had been fielding about 30 calls a day from people interested in buying assault-type rifles, especially semiautomatic weapons, often with magazines that could hold lots of ammunition.
“A lot of people are buying them as an investment,” Mr. Casella said. “Better than gold.”
loneviking
November 8, 2008, 12:14 AM
This year I have picked up a nickel 4" bbl model 19 for $300, a model 13 with a 4" bbl for $325, a model 13 with a 3" bbl for $275 and a 1937 38-44 for $270. Today I passed up a model 585 with a 4" bbl for $450 and a model 28 for $375. I'm low on money thanks to this crappy economy.
__________________
Where the hell do you live? Man, I'd love to get my hands on deals like that. My S&W 65-6/3" barrel ran me $500. True, it was like NIB, but I can't find any S&W's with 3 or 4 inch barrels for under $400, and usually closer to $500 or up depending on caliber.
bflobill_69
November 9, 2008, 05:00 PM
Yeah, a S&W 4" revolver in average shape starts around $430 out here in Northern AZ...
Those prices would be a real bargain here.
Bflobill69
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