Where Do All These NIB LNIB Sweethearts Come From?

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Those guys (the two brothers) have a BAD reputation on the S&W forum (check him out there if you're a member). They're WAY overpriced on GunBroker.com, IMO.
 
I've been aware of this dealer for a few years and have wondered myself where he buys these old Smiths still new in the box.
Yes, he's high priced, but people must be paying????
 
I guess the prices are high by some factor, I was reading the descriptions and then applying my vast knowledge of prices (guessing :confused:) and was usually low.

But where can you find a NIB Pre lock no dash S&W of some number!!

NIB must command at least a 20% premium.

I was more interested in where they come by them. I guess If you are the high payer for estates or even divestiture a piece at a time then these are the go to guys.

They really aren't into the real high end stuff, they have a niche and there were a couple items.....I would pay a premium for.
 
They're WAY overpriced on GunBroker.com, IMO.

Agreed. Granted, they are very nice guns, but I can find similar guns in the same or nearly the same condition for much less.

A nickel 19-5 4" .357 for $750. Should be more like $500, absolute tops.

Model 649 (made in '85), .38 Special, for $800. I'd maybe pay half that.

10-9 2" .38 for $550. Probably worth more like $350.

13-4 3" .357 (quadraported) for $1500!!!! You can buy an older blued Python for less! Geez.

Model 66-5 2.5" .357 with MIM lockwork for $700. You can get a 2.5" pinned and recessed example for low to mid $500s if you look around, maybe just under $500 if you negotiate hard. Heck, a very rare 3" model could be found for less.

A pre-19 Combat Magnum, 4 screw, 4" Nickel .357 Mag for $2800. Gorgeous gun in perfect condition, but overpriced by about $2,000 or more IMO.

As someone else said, I guess someone must be buying them.

I suppose you don't have to sell many at those prices to stay in business. High volume low margins vs low volume and high margins.
 
I've drooled over their stuff for some time, but it never seems to move. Have they ever actually sold anything?
 
Have they ever actually sold anything

Make Offer ;)

I guess if you need immediate gratification or are trying to fill a hole in a collection paying a premium might be justifed for the heeled.

I would like to get at the front of the line before they get to these guys. I have 10K I'm looking to invest at the wholesale level. :D
 
Poor economy, and older folks selling off what they have had for years. If you keep an eye out there are all sorts of good things popping up.........
 
I think that they've been around long enough to have created relationships with local estate auctioneers, small gunshops and pawn shops, etc. so they get the first call whenever something nice shows up.

LNIB guns aren't that much of an oddity since many gunowners are also collectors with unknown numbers of new firearms sitting in their safes.
 
Just curious...

How does one know for sure that a gun really is "new in box" or "unfired"? Most guns that have been well taken care of, particularly those in stainless steel, show very little wear and can be cleaned and polished to look like new. Do you just take the seller's word for it, or are there some telltale indications that you look for?
 
iirc the Fugate dudes are registered users of this forum, and people have previously opened threads complaining about how they were treated by Fugate firearms and how they operate, and their answers are there. If you search for them you might find them.
 
There has been no mention here on this thread of how Fugate treats customers, just that their prices are high.....but the guns they sell are hard to come by too.

The pride of ownership will long outlast the one time sting of a high price.
 
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Not that hard to come by. Model 66s are a dime a dozen around here, especially with the 2.5 barrel.

Last year I saw one dealer selling a 3 inch Model 13 for $800 (just laughed) Three months later I found one in great shape for $375. The other day I saw a dealer selling a 2.5 Model 15 for $800 but know where there's another for $400. Look around, there's no reason to be paying those prices.
 
I once sold him 3 NIB Rugers for $375 each plus shipping and he listed them in his site for $625 each.
 
I guess it all depends on your local region. Those prices are high for my area, but then again I'm yet to see a used Single Six for less than $350 around here. And used pump shotguns are extremely rare for less than $250.

If you are willing to pay the price, then the price is fair, at least to you.
 
I wouldn't mind making an offer and "negotiating". If there is no negotiating then so it shall be.

I also wouldn't mind paying their asking price because I'm a shooter not a collector. I would want said item to use it. I would also want it in relatively good condition with box, just because I take good care of stuff and want the entire package to maintain the utmost in value.

I don't have time to scrounge around for good deals right now; I have more money than brains and time. Some day I will get my metal detector and haunt the shops for gun deals. At this point at least for a revolver I really wanted, I would pay the high dollar and not look back. My son is getting all my "stuff" when I move on, he won't care if I got jacked, it's all free to him. :D
 
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