Crazy prices on revolvers

[Sniper X]

Are you guys seeing totally crazy high prices being asked for run of the mill revolvers these days? Here in NM we have a board that is a gun trading selling site that is like GB but free. There have been a few guys on there lately asking crazy stupid prices for their guns. one guy now wants $375.00 for a 10-8 that has been parkerized. It's a 4in and nothing like new. shoot, I paid top dollar for a perfect one at $300.00 a while back and had to think about that. Although, it was worth it! I feel like telling him it is worth $275.00 but don't want to offend him.

 

[savit260]

People can ask whatever they want. The market will decide on if the price is good or nuts, but if it actually sells or not.

I sure wouldn't spend that much on a parkerized M-10. Likely no one else will either.

 

[bdb benzino]

I have not seen them under $300 except on places like J & G sales or internet sites. Depends on where you are and what someone is willing to pay. I just sold my 10-8 last month for $350, but it had speed loaders and Pachmeyers, and a holster. The guy was pleased!

I have seen people ask too much alot, but what you are talking about is not too bad IMO. Look on the bright side, you dont have to buy it!!

 

[gwnorth]

My feeling these kind of things are if you are looking to buy, make your offer in a PM or email and explain your price point. Otherwise stay silent - it's not your ad or sale so its not your place to tell them what asking price they should use.

If it doesn't sell, they'll have their answer.

 

[Sniper X]

That is the point really, every one I have seen is still for sale after a year...this however is a new seller. I know people can ask what they want but whether they sell it is another story.

 

[Demitrios]

What ultimately determines the price of something are the buyers. As long as people continue to pay a lot of money for something not worth it's asking price then the price will stay that way. I bought a DW RZ-10 last year for $750 in great condition, try getting one for anything less than $1000 now, it's really difficult.

 

[jad0110]

one guy now wants $375.00 for a 10-8 that has been parkerized. It's a 4in and nothing like new.

OH, that's not too bad. I saw a 10-7 nickel 4" in reasonably good condition (nickel was starting to yellow) last year at a gun shop. Priced at $750!!! Looked like it had 7 years worth of dust buildup on it, gee, I wonder why. The same shop had .38 Charter Arms snubs for $550. I swear, the place smelled like pot!

I recall the same place had beatup 28" Mossberg Maverick 88s for $350 too. Come to think of it, most of his guns had years of dust and cob webs on them. Guess he must love them all dearly!

 

[Erik M]

I saw a model 64-3 that looked like it had been kept under a pile of wet gravel since its manufacture. $400 due to it being a rare collectable. I asked the dealer if he had saw the same guns listed on J&G for nearly 100 bones less than what he was asking. He said by the time you pay dealer fees for transfer, shipping, taxes that even if it was 200 cheaper his was still the better deal. i dont shop there, i just like to look at what they have (overpriced) in stock.

 

[goodtime]

Uberti raised the prices of their (moderately priced) revolvers $100 overnight. An example is the hombre -- from $329 to $429. That's a large increment for an instant increase.

 

[SharpsDressedMan]

Take a look at the new revolvers from Ruger or S&W, etc, and their retail prices. Then look at the "old" revolvers and see whether the price asked is in line with a new one. Usually, any remotely comparable older gun will be $200-$300 less. unless in super condition and on the rare side. I have found great deals in the last five years on Smiths and Rugers, with no new locks, MIM parts, etc. Just fine older guns, several like new, for far less than they would be made today.

 

[18DAI]

Yup. The asking prices on the new crap is driving up the prices on the old good stuff!

 

[fireside44]

I'm with SharpDressedMan, there are plenty of good deals out there right now provided you have cash money in hand. Retail prices are outrageous on new revolvers, but the used market is ripe for the savvy shopper with a few bucks to play.

No gun control likely this year, business is down...lol

 

[Big Bill]

The reason prices are up is because the value of the dollar is plunging. With all the increased regulation and taxation, businesses are struggling just to stay viable.

I agree, however, that there is going to be a glut of used or slightly used guns on the market sooner or later. After the Obama scare wears off, all those people who went out and panic bought guns and ammo will be trying to sell. It'll happen and is already happening. I've personally found some great deals lately.

For Example: I bought a Ruger LCP with a holster and 2 extra magazines, in the original box with all the papers for $250. I don't think it had ever been shot.

 

[timney t]

no.
places i shop always have decent prices on different kinds of revolvers. Sometimes you can find really nice deals. Places i look, the mourning local paper, Cabelas, Sportco and thi shop just down the road (damn what was it's name). Anyway the deals are out there. You just might have to look in another state.

 

[anewconvert]

The reason prices are up is because the value of the dollar is plunging. With all the increased regulation and taxation, businesses are struggling just to stay viable.

What bill means to say is that inflation has been non existant for the last 2.5 years and the value of the dollar has barely changed at all in relation to any benchmark.

He also meant to point out that regulation and taxation has nothing to do with the business climate at the moment and that the businesses are struggling because customers aren't spending any money. If anything the employment picture would be spectacular if people felt comfortable spending money as 1/3 of the stimulus bill was tax cuts aimed at businesses. However tax cuts don't do anything when industry is faced with a surplus of capacity. If you hire a guy to do a job that you don't need it costs you money no matter how much the gov cuts taxes.

Finally he was right in that the Obama scare and an increased desire to own firearms has caused a significant increase in demand that has most manufacturers running 24/7 to attempt to meet demand. The increased price point has diverted savy buyers to the used market in hopes of finding a deal, thereby increasing demand there and completing the self fullfilling prophecy of higher prices. The part he missed out on was the role that the NRA, gun dealers and manufacturers played in stirring up that fear. But that's for another topic

 

[BlkHawk73]

Asking price ≠ selling price. VERY widespread happening of folks thinking that if they own it and are trying to sell it, it's worth more than if they were trying to buy the exact same thing.

 

[Stainz]

My wife and I were in an antique store a few years back when she would repeatedly point out an item like we already had and say, "Look, our xyz is worth $X!". I tried to explain to her that if it was the marketplace that determined the price and that if it was really worth that amount, someone would have bought it as it's tag looked quite old, too. If that 10-8 were a value at that price, it would likely not be there long.

New guns are horrendous. I've looked at the current S&W 632 for a while. It's a 3" comped black finished SS .327 Magnum 6-shooter J-frame... this year with an MSRP of $1,011 - the shelf-sitter at the pusher's must be based on last year's price - it's only marked $750! A new 60 Pro is MSRP $877 - a steal, by comparison. At $600, it sells - the 632 sits.

An oddity occured earlier this year. The 1999 2 5/8" PC627 UDR was re-released - today's being identical to the originals save the IL and grey plastic case. It was $1,199... it is now $1,185 MSRP - cheaper eleven years later - go figure. At a kilobuck with s/t, it was my most expensive gun ever... and I grin everytime I pick it up (At that price, and considering what was sold to fund it, I'd better!). The 442/642 Airweights are cheaper than they were some years back, too. Go figure.

Stainz

 

[22-rimfire]

Wait and see.... prices are going up on most quality Colt and Smith & Wesson revolvers.

As far as the parkerized Model 10, I have not seen it, but would not pay $375 for one that is not very very nice. I'm not particularly a fan of the parkerized finish as it is often done on worn guns to hide the finish wear. So I would walk on that price just because I am suspicious of that finish hiding an otherwise very average to below average gun. Not everyone is an expert when looking at condition or trying to discover if a gun is really worn with a painted finish.

The seller has the right to list the asking price at whatever price point they want. It is the choice of the buyer to choose to pay that or not. I have some collector grade Colt Diamondbacks and other as-new old revolvers that I am considering selling... you think I'm going to ask low prices to start as I am in no hurry to sell any of them. I really don't care if I have them for another year or two and my price will likely be higher in a couple years. By the way, none are for sale at this time and what price I decide to ask will depend on factors at the time period I finally decide to liquidate.

If you think a price is high as a buyer, you need to decide just how high the price is relative to what you are willing to pay and what the gun will likely be selling for a year from now. Then decide if the extra $25, or 5 or 10% makes any real difference? This assumes that you really want that gun and it is just not "another gun" to add to the pile. Everyone wants the cheap price.

 

[Stainz]

While it is certainly true that you cannot, within reason, pay too much for a good revolver - and the price paid will soon be forgotten - you can certainly pay too much for a turkey - and, boy, will you ever remember it!

As an aside... I don't think S&W ever Parkerized a 10. Blued or nickle, with my preference for blued, yes.

Stainz

 

[Wildbillz]

I started looking for a nice Smith Mod 28 several months back. It was one of those "I got to have it" things. But the prices were way up from what I remembered (OK it had been about 15 years sence I looked) but I never saw one for less then $525.00 I finly ended up paying $550. for one that was like new in the box. Then one sold on GB for less then $250. My luck.

I have also been watching for some of the K frame Smiths. Thinking I would be able to pick up one or two of the older Police Turn in ones. Even these seem to be running $400. Part of that I put up to the fact that Smith discontuinued the K frame guns. But still??

I did find a good condition Colt Offical Police mod recently. Its a shooter not a collectable one. Still had to give $300. for it.

I miss the days of the $150. Police Turn in Mod 10s

WB

 

[22-rimfire]

I bought a NIB 6" Model Model 19-3 in late 2007 for $450. I thought I got a good price or at least a fair price at the time. I saw one in almost as good condition for $400 a week or so ago. So much for "investments".

To think, I have not even handled that gun in 3 years.

I apply a different standard in terms of price when looking at NIB specimans that catch my interest. If I was looking for a shooter like the Model 10 above, I wouldn't even consider it. My Model 10 (about 98%) was not cheap when I picked it up a couple of years back. But I'm not too concerned about it as I would have spent the money elsewhere regardless.

 

[Chuck Perry]

There are still some good values out there. I don't think Ruger's are too bad. $600 or so seems to buy pretty much anything you want in a double action Ruger revolver. Smith's are crazy. To me, if you're shopping Smith's it's almost foolish anymore not to spend a little extra and get the Pro or Performance Center version of what you're looking for. The base guns are crazy expensive as is; the Pro and PC versions offer a very good upgrade over the base for the extra couple hundred bucks you'll spend.

 

[SleazyRider]

As a used car salesman once told me, "There's an a** for every seat!"

 

[evan price]

The trick is to look everywhere. The deals are out there. The biggest problem I have finding deals on things nowadays (not just guns, but lots of stuff) is shows like Pawn Stars or American Pickers.

Now everybody suddenly realizes their tin AC/Delco windshield wiper blade sign is worth $500 and not $20 they would have taken for it before. This bleeds over to lots of stuff including guns.

 

[Stainz]

7 yr ago, I bought both a new 2" 10-11 and a 6" 66-6 - for $280 & $350 respectively + $10 s/h (No ffl xfr fee as I worked at the range then.) - from a famous TX closeout store. Just over two years ago, I bought an unissued/unused, listed as 'LNIB', 4" 64-8 for $315 OTD from a local ma/pa gunstore - should have bought two! I waited too long to order a 4" 67 from J&G in AZ - I believe they are out now. The DAO 64's may still be available. They were all $200-$300, depending on condition.

Incidently, that ma/pa store had the last batch of 4" 66-7's new for $449 - with two-piece barrel, MIM parts, & IL 3-4 yr ago. A used one in vg condition sold for $500 + s/t there recently.My $609 new 4" 617 two years ago is $739 now there - same as the 6". They said they'd be going up. Gunstores aren't selling guns or ammo like they were last year.

Stainz