Are prices on hand guns going up or just this model?

There’s currently a resurgence in interest in the old steel semis, like Rugers and the 2nd and 3rd gen S&Ws. Solidly built, reliable guns that were going for bargain basement pricing a couple years ago are up in price, owing, in part, to their reliability, but also since what you’re buying for the dollar is so much more durable a product than what you can get for the same ,only on the polymer market.

But what do I know, I’ve only got about 8 third gen S&Ws.....and a couple Rugers.....

Prices generally go up over time as the dollar becomes worth less. Things that are unwanted by anyone often become worthless, at least until there are so few left some might consider them a collectors item for an example in mint condition.

Gun shops can't get new guns from suppliers at the moment due to a variety of reasons. As a result there is a lot more interest in used guns.

armedwalleye said:

There’s currently a resurgence in interest in the old steel semis, like Rugers and the 2nd and 3rd gen S&Ws. Solidly built, reliable guns that were going for bargain basement pricing a couple years ago are up in price, owing, in part, to their reliability, but also since what you’re buying for the dollar is so much more durable a product than what you can get for the same ,only on the polymer market.

But what do I know, I’ve only got about 8 third gen S&Ws.....and a couple Rugers.....

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I think those old p-series Rugers are actually aluminum alloy framed. Durable for sure, but I would suspect no more so than a Glock. Doubt we’ll ever know as I don’t think people were putting tens/hundreds of thousands or rounds on their frames playing practical shooting games when they were popular.

I think the increase in your P89s price is a function of the rising tide lifting all boats.

I think it's a little of both. They are discontinued and some want a backup of a certain model so are willing to pay for it. Also everything firearms related is going up due to demand. Around here a P89 will go for 375+ a lot of the time now. Selling on Gun Broker will be your best choice IMO. Look at completed sales for it to see real world cost.

I see them locally usually for about $350 to $375. No way to know what the final sales price was. I’ve been considering buying another one for a while because I consider them a decent gun for the price range and I’d like to have a spare service sized pistol. I looked just now and there are no P versions currently for sale on a popular local gun web site.

Increases are linked to demand. People are scared. People want guns.

Finding magazines for P series can be tricky these days, especially the .45s.

If you paid $275 for a gun 10 years ago and sell it for $300 today, you are selling it for less than you paid for it. Inflation.

As has been said, you need to be able to sell your gun for more than the inflation rate has gone up during the time you have owned it. You are losing money on nearly everything you buy every day from depreciation and inflation. If your worried about the dollars the you have better gotten some kind of return on your investment in some other way on your purchases.

That said, during a buying rush where there are a lot of first time gun buyers, the least expensive handguns seem to sell the fastest. Even though P89s are long out of production, they still have a reputation of going bang every time. When they can be gotten for around $300, and they are a full size, which is another plus for a first time buyer, then it’s easy to see why the price has gun “up”.

If you're registered on Gunbroker you can check what guns are selling for by going into advanced search - completed items.
Put in your gun info "Ruger P89" scroll down and select Guns & Firearms. Hit search.

Once your results come up, in the drop down sort by: Bids High to Low. This will show you want guns are selling for.
This is what just about every pawn and gun shop uses to value a gun someone is trying to sell them. They will also use their bluebook of gun values and their dealer price lists.

Here's what I see on gunbroker:

https://www.gunbroker.com/Guns-Fire...ger P89&PageSize=48&Sort=9&View=1&Timeframe=1

P89's are selling for $250 to $500 in the current market.

Demand for pistols is currently high, if I wanted to sell one now would be a good time to do it; however, I'm not just in case. May wish I kept it later.

Prices have gone insane. Just as a for instance before all the Corona Virus scare amped up I was thinking I would like to pick up a double stack 9mm subcompact. I didn't want to spend a lot of money. I was seeing the Ruger American Compact 9mm for at or around $300 (SR9c's were selling between $250-$300). Bud's had the American Compact pistol for under $300 I held off though because there were other things I needed to take care of. Now if you go do a search for Ruger American Pistol Compact at gun.deals or gunwatcher.com you will see that exact same model selling for around $450. The market has changed. If Trump gets reelected prices should come back down. If not I don't see it getting better.

Everything is going up. CDNN had the Walther Creed for $259 basically for years and now it's $349. Basically just about any basic 9mm pistol is pulling some sort of premium over what it used to.

Similar to your P89, I did manage to snag a P93DC (one of the rarer aluminum frame P-series variants) off of Gunbroker for $255 towards the end of April - into COVID season but prior to the riots.

IMHO, unless you NEED it right now, wait to buy. If you're that afraid of the election results just buy the magazines for the guns you want - most immediate legislation likely won't affect any handgun models, just magazine capacity. Only thing I'm looking at is grabbing a few EBR's before November - most notably the Steyr AUG.

Bill Raby said:

If you paid $275 for a gun 10 years ago and sell it for $300 today, you are selling it for less than you paid for it. Inflation.

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Bingo

$275 in 2010 = $323.35 today

mgmorden said:

Only thing I'm looking at is grabbing a few EBR's before November - most notably the Steyr AUG

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Interestingly enough that is the only gun that I want to pick up too before NOV.

Same thing with revolvers: Go on Gunbroker, it will be a hard find to see a 357. Magnum revolver under $300, much less under $400. Maybe an off brand, but even those are higher.

MosinT53Hunter said:

Same thing with revolvers: Go on Gunbroker, it will be a hard find to see a 357. Magnum revolver under $300, much less under $400. Maybe an off brand, but even those are higher.

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You HAVE to search the completed sales. That's the ONLY way to see what they are actually selling for. There's a lot of sellers who think their stuff is worth way more than it is.

Maybe people want them to paint interesting stuff on them.


https://www.thehighroad.org/index.php?threads/giggles-at-the-range.870673/page-2#post-11550482

Current events (Factories shut down for Covid-19, Election Year, Rioting, Police Stations being abandoned and set on fire) has caused a run on guns. Lack of inventory at the local gun shop plus tons of new owners finally realizing that they are responsible for their own personal safety has caused the sell price of auctions to rise.

I'm seeing used Glock 19s selling for crazy money - $600 to $900 on Gunbroker. Savvy sellers on gunbroker have realized the market and priced their guns accordingly. There are still $0.01 no reserve auctions on them but bids are up to $600 or more.

While there is no way I'd pay $500 for a Ruger P89, if you're looking to sell, now would be the time to do so.