Prices on Gun Broker

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I was looking on ebay, 10 round mags are going for stupid money. 10/22 factory mags are about 30-40.00 ...
 
I saw a NIB Sig 556 get bid up to and go for $3,775 yesterday, while identical NIB 556's (same model, same accessories, no extras) have and continue to sell for ~$2,000 on Gun Broker. I would hate to be that guy when he realizes he paid $1,775 more than the $2,000 that he could have paid for a ~$1,100 - $1,200 rifle. Silly times.

edit... And it was not a panic BIN sale (there was at least one BIN for $2,800)... 2 people bid this thing up to almost twice the current market price.
 
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Its only silly if you do not have the disposable income. For some folks, that amount of money is irrelevant. I had a friend buy three shotguns two years ago. He paid almost $60,000 for those three - why? because he wanted them and could afford to buy them. Are they drop-dead gorgeous? Absolutely. Pricing is relative to current supply/demand market conditions and folks' incomes
 
oneounceload said:
Its only silly if you do not have the disposable income. For some folks, that amount of money is irrelevant. I had a friend buy three shotguns two years ago. He paid almost $60,000 for those three - why? because he wanted them and could afford to buy them. Are they drop-dead gorgeous? Absolutely. Pricing is relative to current supply/demand market conditions and folks' incomes
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$600, $6,000 or $60,000... I expect that he paid something commensurate with the current market value for those three shotguns and didn't just offer the seller twice the going rate. I've seen plenty of O/U works of art that look to be well worth their 5+ figure asking price (although I'm certainly no expert) and I never once considered it silly.
 
FS2000 w/ 7 metal mags $3800
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327152293

PS90 $2100 reserve not met
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327152643

SCAR 17S $5550
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327402253

Norinco MAK90 $1250 reserve not met
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=326664044

WASR10/63 $815
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327394206
(These were selling new for ~$550 before the run started)

YHM stripped lower $300
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327535441

5.7x28mm SS197 ammo 1000rd $980
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327466937
(ouch!)

5.56 WOLF 1000 rd $650
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=326871021

Ruger Mini14 magazines going for $75 each.
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=326875426

7.62x39mm ammo 1000rd tulammo $380
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=327364606
 
For what it's worth, I also can't even FIND several of my firearms at this point to get an idea of what their value is.

E.g semi-auto MG-34, none listed on GB. There's a transferable full auto MG34, but no semi's.
 
commensurate with the current market value
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You have just mentioned the keys word - current market value. Right now, the current market value for anything black and plastic has skyrocketed due to outside market forces (the whitehouse). If someone WILLINGLY pays the asking price, then the price is correct at that moment for that product. When a seller raises his price to a point that no one buys at, then he has exceeded the current market value - doesn't matter if it guns, stocks, or a gallon of milk
 
i think mostly, the problem is people don't know where to look. my guess is the people buying right now are new to this and have not developed relationships with dealers over the years. and dealers right now are telling new customers that stuff just isn't available. but when they do get allocations from their distributors, many call their long-time bread and butter customers before the items hit the shelves. so new shooters just don't have the opportunity to buy and are resorting to panic auction prices.

point is, it's who you know. spending money over the past 10 years with mom and pop gun shops, when you could have got the same item for less money online, is paying off for some people right now. e.g. this weekend i turned down 2 NIB PS90s that were offered to me at $1650 each. do you think if i had spent the same money last ten years at cheaper than dirt, that they would recognize my name and continue to give me pre-election prices? ha
 
oneounceload said:
You have just mentioned the keys word - current market value. Right now, the current market value for anything black and plastic has skyrocketed due to outside market forces (the whitehouse). If someone WILLINGLY pays the asking price, then the price is correct at that moment for that product. When a seller raises his price to a point that no one buys at, then he has exceeded the current market value - doesn't matter if it guns, stocks, or a gallon of milk
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I definitely agree... I was just pointing out a particular auction that got over-bid for no apparent reason. When there are a dozen identical rifles sitting in front of you priced at ~$2,000, it's silly to choose the one that just happens to have a $3,800 price tag on it.
 
point is, it's who you know. spending money over the past 10 years with mom and pop gun shops, when you could have got the same item for less money online, is paying off for some people right now. e.g. this weekend i turned down 2 NIB PS90s that were offered to me at $1650 each. do you think if i had spent the same money last ten years at cheaper than dirt, that they would recognize my name and continue to give me pre-election prices? ha
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Gotta agree. I've never bought a gun from an online store. Sure I've bought hard to find ones on Gunbroker and from forum members. But I prefer to give my lgs my money for anything new I may want..
 
Three tactical Innovations......

.......10/22 mags just went for $195. I'm really tempted to put mine up. I never use them. I just use the factory tens.

One thing I think is funny is what people are bidding for Saiga Kushnapup bullpup stocks. They're spending way over what it takes to just order one! I know because I just got one a couple weeks ago from the website. Delivery took three days! Got it for the Saiga .410. After seeing what they're selling for, was going to put the .410 up. Changed my mind, Not cheap but at least I can usually find .410!
 
taliv said:
spending money over the past 10 years with mom and pop gun shops, when you could have got the same item for less money online, is paying off for some people right now.
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Wasn't how my LGS played it....
They had pmags at $25 and 5.56 ammo at $560/1k BEFORE online stocks ran out...I remember laughing at their $40 ak magazines that night while I was paying $15 each online.
And they are as mom and pop as it gets.

The only entity that I feel has kept a long term mindset is MidwayUSA, with their practice of limiting purchase amounts, instead of using outrageous prices to force customers to limit themselves.
 
taliv said:
do you think if i had spent the same money last ten years at cheaper than dirt, that they would recognize my name and continue to give me pre-election prices? ha
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Exactly. This is how I managed to pick up a S&W M&P AR-15 Performance Center model for $1250 a couple weeks ago. Dealer called and said "Truck is on the way with three of them, you want me to hold one for you?" When I found out he wasn't gouging me, I took him up on it. :)

I also helped him get set up with new vendors/etc, he's old and doesn't understand the "computer thing", so favors go both ways.
 
$3800 for the fs2000? double what i paid.what a bargain i got. Boy if the ban does not happen there is going to be so much money lost to overpriced buying the suicide rate might increase.:what:
 
Wasn't how my LGS played it....
They had pmags at $25 and 5.56 ammo at $560/1k BEFORE online stocks ran out...I remember laughing at their $40 ak magazines that night while I was paying $15 each online.
And they are as mom and pop as it gets.
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A bunch of the local mom-n-pop shops have no stock, and are selling a lot of consignment kit. It's a tough spot for many - either have bare walls, or sell consignment gear (at possibly inflated pricing set by the seller) and at least let folk make the decision to buy/not buy for themselves.
 
goldie said:
$3800 for the fs2000? double what i paid.what a bargain i got. Boy if the ban does not happen there is going to be so much money lost to overpriced buying the suicide rate might increase.:what:
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Yup.

I have to admit, at these prices, even *I* am tempted to sell some stuff off. Hell, if I sold my FN gear, I could pay off my 2012 mustang a few years early... We're not talking peanuts at these prices.

I just can't stomach letting GO of the stuff.

:(
 
I have to admit, at these prices, even *I* am tempted to sell some stuff off
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I know what you mean. I'm holding onto the ARs, but I did have a Romanian AK that had sat in the back of the gun safe for a long time.
 
goldie said:
$3800 for the fs2000? double what i paid.what a bargain i got. Boy if the ban does not happen there is going to be so much money lost to overpriced buying the suicide rate might increase.:what:
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Not to mention a lot tears as folks shoot through thousands of rounds of panic-priced ammo.
 
Hell, at a buck + a round it's no longer ammo. It's like, art or something. You have to like, line it up in designer patterns and take lots of pictures of it, and ponder the intricacies by which it's constructed.

You know, search for a deeper inner meaning on how it affects your metaphysical well being, or something.

Not go BANGBANGBANGBANGBANGBANGBANGBANG and then cry because you just spent $10.
 
Temptation has got the better of me, finally.

A customer of mine I've worked with for 16 years offered me $2200 for a PS90, 2 mags, and 200 rounds of ammo yesterday, and I took the offer.

Looks like next month's car payment will be bigger than usual. :)
 
I'm holding onto the ARs, but I did have a Romanian AK that had sat in the back of the gun safe for a long time.
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And that's the point - you and a lot of other people have decided that prices are high enough that you can justify selling off the highly sought-after guns that had otherwise just been sitting in your safe. If prices weren't that high there would be absolutely nothing to purchase right now; everyone with a gun would hold on to it.
 
There is a gun shop by me that has the following prices on two guns; scar 223,$6500 , & sig 556scm $3100-i couldnt see the price on the galil arm but can only imagine. that is so insane & at that point its just not worth putting that kind of money into.The shop is in NY & can only sell them out of state;good luck !..
 
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