Has the gun market been revivified


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bushmaster1313
March 13, 2011, 12:51 AM
Lot's of people in our great country are hurting from the economy, but it seems the gun market has had a bit of energy shot into it.

Any other observation from the forum?

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ColtPythonElite
March 13, 2011, 12:54 AM
I didn't know it ever died.

DPris
March 13, 2011, 01:59 AM
The market is actually somewhat depressed at the moment, after the Obamascare Bubble burst.
Denis

ColtPythonElite
March 13, 2011, 03:01 AM
It's active in my area. I have a friend who owns a gun shop. He's been selling around 90 a week.

Sam1911
March 13, 2011, 03:02 AM
If the Obama panic didn't bring this to your attention ... well? Were ya asleep? :D

Seriously, though, check this out: http://www.fbi.gov/about-us/cjis/nics/reports

That's the FBI's report on total NICS checks. Back in the early 2000s gun sales were holding steady at right between 8-9 million guns sold (not necessarily new guns, just guns sold through dealers and requiring a background check). That held true until '06 when the number started to jump up sharply. As of 2009, that number was up over 14 million a year! Looks like 2010 might have seen a slight falling off (numbers aren't complete) but certainly 13-14 million more were sold then.

Yeah, certain parts of the gun industry are doing a brisk business.

(Now, hunting rifles and shotguns don't seem to be enjoying the boost that the black rifles and handguns have seen, but a rising tide floats all boats, right?)

hso
March 13, 2011, 03:13 AM
Down right now because discretionary funds are down.

Ala Dan
March 13, 2011, 12:04 PM
Even with the economy dipping South, many folks have found cash $$$$ to
buy firearms; at least that is my opinion, and I am sticking too it~! :D

SharpsDressedMan
March 13, 2011, 01:03 PM
I'm impressed! Revivified really Is a word!:o:D

ColtPythonElite
March 13, 2011, 01:53 PM
Heck, because the stock market has been dipping, I've intentionally been putting some spare money in a few select guns for investment purposes.

gym
March 13, 2011, 01:58 PM
Yes, I see more folks getting guns who would never have considered it a few years ago

Weevil
March 13, 2011, 02:01 PM
It's definintely going at a brisk pace here locally.

The shops won't even think about dealing on the price on handguns, they're selling them as quick as they get them. I was talking to the owner at one place and he said it's getting to the point where he can't even keep the more popular models like the Glock and Kimbers in stock and has order them for people, and there's a fair amount of wait time before they come in.

The rifle market seems to have petered out but handguns are selling as fast as they can get them.

bluetopper
March 13, 2011, 03:26 PM
Our President is the best gun salesman of our time.;)

We all know what he would do with guns if he had his way.

george29
March 13, 2011, 03:42 PM
Brisk sales in NM.

buzzg
March 13, 2011, 03:46 PM
Sales here in Southern Oregon - Medford, Grants Pass - are brisk according to local dealers.

DPris
March 14, 2011, 02:59 AM
I should have clarified. :)
Gun sales are beginning to decline COMPARED TO levels of the last 18 months.
Inventory is beginning to move more slowly from at least some of the makers.
The fact that you can find ARs & such at dealers' now is an indication of a slowdown.
Ammomakers catching up is another. You can now find stocks of ammunition at retailers that simply weren't there a year ago.

I wouldn't call it a revivified market.
Things are still moving, but there's an industry slowdown in general.
Denis

Ignition Override
March 14, 2011, 03:47 AM
If ammo prices soon jump up 10-20% (due to fuel prices), as people are told by distributors and retail shops, won't this reduce some demand for guns?

Will present fuel prices reduce available cash for guns and ammo, or will this regular cash come from elsewhere, as it is not considered a luxury by most active shooters?

Handguns must be the focus due to comments made by smug MSNBC personalities (O'Donnell: "The NRA has blood on its hands") and politicians after the Tucson massacre.

In stark contrast, apparently two of the numerous AR-15 builders/assemblers are filing Chapter 11.

lokpyrite
March 14, 2011, 04:57 AM
I fully expect to see many more "used" guns on the market with cash getting tight.

content
March 14, 2011, 08:23 AM
Hello friends and neighbors // I think there are certain firearms that are selling at above average rates and others that are simply not moving.

The current run of Mosins seems to be doing well.
The Taurus Judge sales are amazing around here.

On the other hand I recently bought a S&W 29-2 8 3/8" with box, papers and Bianchi shoulder holster ($100.00 on some sites) for $500.00 OTD. Other than holster wear at the tip of the barrel it appears hardly used.

I think the market has revived/stablized but is shifting to SD/HD and somewhat less knowledgeable consumers.

bushmaster1313
March 17, 2011, 11:21 PM
On the other hand I recently bought a S&W 29-2 8 3/8" with box, papers and Bianchi shoulder holster ($100.00 on some sites) for $500.00 OTD. Other than holster wear at the tip of the barrel it appears hardly used.



Sounds nice, but a limited market.
3.5 inch and 5 inch are selling better

rellascout
March 17, 2011, 11:39 PM
Look at the classifieds here or on any other site.... things are not moving quickly. Consumer confidence is still way down. We are still loosing a lot of jobs with little job growth. Gas is back up... people are spending less. Guns are not immune to these greater economic forces.

oldbear
March 18, 2011, 01:26 AM
revivified
(tr) to give new life or spirit to; revive

I just had to look that one up.

The talking heads keep telling us that the economy is looking up, I just want to know what it is looking up? Per CNN this afternoon unemployment is still above 10%. I don't think the working class of this country has a lot of extra money to spend on non essentials, and often firearms are a non essential item.

I do know that the market on collector or even semi-collector grade S&W's has gone through the roof in the last few years.

sonick808
March 18, 2011, 07:44 PM
I've noticed more of my acquaintances purchasing, weighing a purchase, or expanding collections or further into the hobby via reloading, etc. Further, I notice that the climate seems to be moving towards a gun renaissance, a general acceptance of guns and self-protection vs. the mid to late nineties climate of anti. I'm sure some of this is SHTF prep type activity, but much of it just seems to be common sense coming home to roost. Our ranges and sales out here are just as busy as they were in nov 08.

GEM
March 18, 2011, 09:24 PM
I've bought a couple this year. While not econometric data, on the weekends, Cabelas, and two gun stores in Austin and San Antonio are pretty crowded.

Phydeaux642
March 18, 2011, 09:27 PM
I think the fact that S&W lowered prices across the board and companies like Rock River are having these fire sales on some of their nicer ARs should tell you a lot about how the market is.

I got out of the habit of buying guns after the 2008 election drove the prices up. I did buy a .357 lever gun last week but don't plan on buying anything else for quite some time. I've got plenty of guns and really don't find anything that interests me anymore anyway. Add to that the fact that my paycheck is down about 20% and that equals not much fun money.

Dulvarian
March 20, 2011, 04:43 PM
I've been buying more guns and ammo in the last two years, but that is because I gave up my non-productive uses of electronics (video games) for more physically entertaining things.

My wife is kind enough to concede the point that spending $1000 a year on computer parts that go obsolete in two years is nothing like spending the same amount in guns that pretty much never become obsolete.

wgp
March 20, 2011, 04:47 PM
A friend with a big gun shop here (Kansas) tells me that handgun sales are strong but the market in black rifles and hunting rifles is dead.

smallbore
March 20, 2011, 04:52 PM
The local gun shops here report 'business as usual'. I buy 'em when I have the money to do so.

Limeyfellow
March 20, 2011, 04:58 PM
What I seen basically is a massive increase in the sale of second hand weapons in the paper in particular. The local ads are filled with AR-15s that people spent $1500 on and now trying to recoup some money on since they have non left for $700 and still trying to struggle. I also seeing more ammo on the market then during the false Obama scare moment. On the downside you surplus weapons are getting very rare now and we got people thinking they can sell their Yugo SKS for $400, or my favourite a Mosin Nagant parts rifle that was priced at $750.

bushmaster1313
March 20, 2011, 11:24 PM
I do know that the market on collector or even semi-collector grade S&W's has gone through the roof in the last few years.

I am guilty of helping to prop up the market for semi-collectable S&W's.

Great guns that can be bought in the mid 100's, and they retain their value after you shoot 'em.

DPris
March 21, 2011, 03:10 AM
Several market factors:
Down economy, new guns are moving slower, less money to spend on them.
Down economy, people are dumping Obamascare purchases, placing more used guns up for sale. Prices beginning to reflect that.
Obamascare Bubble has burst, moving new guns much slower than during the height of the panic.

Less panic buying of new guns.
Less money to spend on new guns.
Increasing glut on secondary market, depressing used gun prices.

Things are still moving, but I would not call it a general revivification. :)
Denis

Ignition Override
March 21, 2011, 04:59 AM
Is it true that two AR companies are near or in Chapter 11?

A friend who is very familiar knew over a year ago that prices would fall quite a bit with about twelve companies building them.

The artificial 'ammo bubble' burst by summer '09 on lots of rifle calibers.
One guy in Keene, NH had over 50,000 rds. of Russian 7.62x39 on GB. One guy counted 70,000 rds. of x39 under the same nickname.

How about combat shotguns?
A friend who sold twenty Saiga 12s told me that no more are entering the US. If so, maybe our nice new ATF Director is to blame?
What else is that ''Kommunistischer Arschloch" up to?

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