Has the world gone CRAZY?? Can someone explain Series 70 Colt 1911 FRAME for $1500

Discussion in 'Handguns: Autoloaders' started by 1KPerDay, Feb 4, 2021.

  1. 1KPerDay

    1KPerDay Member

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    https://www.gunbroker.com/item/890485560

    I really don't understand this behavior. You can buy a complete Colt series 70 for much less than this complete frame. What's the deal? Am I simply in the Twilight Zone?
     
  2. Drail

    Drail Member

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    Yes indeed - the whole world has gone completely crazy.
     
  3. Erief0g
    • Contributing Member

    Erief0g Contributing Member

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    Not crazy. After living in the rust belt with very little money in the town as a whole I was shocked when I moved to Charlotte nc. The discretionary money is, in a word, sickening.

    No offense to those much more well if than I. No worries here..

    With that said, after meeting people that spend 10k like I spend 100.. nothing surprises me.

    Once it all deflates to normal those of us with the means will hopefully restock.
     
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  4. glove

    glove Member

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    There is a sucker born every day.
     
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  5. bluecollar

    bluecollar Member

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    And 21 bids........so far:rofl:
     
  6. SRSTAdam21

    SRSTAdam21 Member

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    Wow, that is out of control
     
  7. ApacheCoTodd

    ApacheCoTodd member

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    I ascribe it to a get-it-while-I-can pre-loaded paranoia - or - merely heightened cautionary awareness.;)

    It is absolutely NOT beyond reason that in the relatively near future the ultimate *winner* is happy and that more than one loser wishes that he had bid more.

    I lived to and through the California AWB and know several who ultimately regretted not buying a 400 dollar stripped AR receiver.

    With what's likely on the horizon, be it legislative or dictatorial, this may ultimately be looking less ridiculous.

    One guy driving down the highway and sees an exit sign as an option while might be another fella right behind him sees it as an escape.

    We all have the potential to read the same signs wildly differently without actually being incorrect in our differentiations.

    Todd.
     
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  8. tarosean

    tarosean Member

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    Scratching my head too.
     
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  9. Rock185

    Rock185 Member

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    I think some see something they want, and just bid or outright buy it. As Erief mentioned, some have greater resources. Perhaps not suckers, but just some bidders who have enough money that spending $1500 is not a big deal.....
     
  10. George P

    George P member

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    No, only OUR world here in the US - there are no ammo or gun shortages like here anywhere else
     
  11. milemaker13

    milemaker13 Member

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    Yup.
     
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  12. Steve S.

    Steve S. Member

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    Money volume reference is a relative thing; there is so much money sloshing around the stock market right now - to those with capital, it feels and spends like Monopoly money - it has no meaning, it accumulates so easily - whatever I spend today, will be replaced at the opening bell tomorrow - it is so, so easy that excess becomes normal.
     
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  13. Oldschool shooter

    Oldschool shooter Member

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    Sadly, too many have gone full blown retard when it comes to spending on guns and ammo right now. The day will come when things teturn to saner levels, and many of these panic purchases will flood the market. Saving my money for that day.
     
    The Last Outlaw likes this.
  14. crestoncowboy

    crestoncowboy Member

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    Inflation?

    If a 9mm round is worth 2 dollars and a Glock 17 is going for 800 then that would make a Colt 1911 worth at least 2k. Lol
     
  15. 1KPerDay

    1KPerDay Member

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    Last edited: Feb 7, 2021
  16. bannockburn

    bannockburn Member

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    1KPerDay

    Maybe to some people dealing with a gun shortage might be thinking: "Desperate times call for desperate measures." In other words buying a frame now and looking for a slide/barrel later is better than having nothing at all!
     
  17. Stubert

    Stubert Member

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    I bought a new Colt Defender 3yrs. ago. i paid $829.00. 2 weeks ago at the Tampa gun show, I saw a used one that was all scratched up for the asking price of $1099.00
     
  18. UncleEd

    UncleEd Member

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    Who does or can put out that kind of money?

    The same person who flies in a private jet.

    The same person who will spend $5,000 for a bottle of wine.

    The same person who patronizes lady escorts at $2,000 an hour.

    The same person who sees a Tesla auto as just another nice car.

    The same person who owns his very own island.

    The same person who has not one but two Janz pistols.

    The same person who stays in a hotel suite for $3,000 a night.

    As Mel Brooks' Producer said, if you got it, flaunt it.
     
    Last edited: Feb 7, 2021
  19. Riomouse911

    Riomouse911 Member

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    I'm thinking someone wants the 70-series frame for a custom build and got sucked into a bidding war with some others with a similar idea. I hope the end result for the winner is worth 2x to 3x what that frame sold for last year.

    But you're right, people are going nuts. I've bid on lots of stuff that went for crazy prices, the last really wacky price for an item I bid on was last month. A JM Marlin .44 mag that sold to a bidder who paid North of $2,400 after shipping and tax was added.

    I just looked on GB, a couple of New Marlin dark rifles have sold for as much as $2,900 :what:. Someone else paid $13,000 for a complete NIB set of the dark rifles. o_O

    Stay safe.
     
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  20. Terry G

    Terry G Member

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    Gun's and ammunition will come back and a lot of those desperate buyer's are going to be trying to sell what they bought in a panic. I did it myself with a $350.00 Taurus G3 and $90.00 for 150 rounds of 9MM Makarov. I'm not buying anything more until things improve.
     
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  21. LightninST

    LightninST Member

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    Brand new, factory test fired, complete colt frame To some people a new Colt frame is worth it !
    Remember some pay 1000.00 to 10,000.00 for a 1911 and are happy ;)
     
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  22. tarosean

    tarosean Member

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    orrr someone needs to launder money... Since the Seller is from "Meth Central" TX.. that is a likely scenario..
     
  23. cfullgraf

    cfullgraf Member

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    As Barnum said, there's a fool born every minute.

    If the seller gets what he is asking more power to him.

    It just will not be me.
     
  24. Ignition Override

    Ignition Override Member

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    Too many weeks/months at home last spring watching re-runs of the Road Warrior, X-Files ("it must be based on at least Some reality!" :eek:), and news videos last spring/summer contributed. Being in almost exclusively "friendly urban areas" seems to be excluded. This doesn't "conform to the anxious narrative", does it?

    And Internet rumors must also be based on bits of truth....and the movie Gran Torino (Eastwood with M-1 Garand) based on what will be happening in so many front yards!

    Buy that gun frame now. :) "I'm $elling it and we need to be well-armed!" "It'$ could easily happen (;)because you can't prove that something won't) ".; a$ vague as a fortune cookie .

    Terry G: For sure. One day it easily could be an oversupply of both ammo and guns.
    And guns never disappeared at all from this area last spring-except for the used 9mms etc at $400-450 max. price. They didn't seem to be buying the new HK P30, P2000, USP, higher-priced Sigs, 1911s etc. What...gun panic?

    Boosting peoples' anxieties in 2020 probably helped many of those who still had overpriced, unwanted AR-15s from late 2008-2009, during that phony, contrived gun scare; the smarter people knew Before the election that his only true objective was to scrape up support to pass Obamacare, and be in the history "books". My astute friends were well aware of this, while other people seemed so paranoid and believed any 'hearsay'---as long as it was negative and Seemed plausible.
     
    Last edited: Feb 8, 2021
  25. reddog81

    reddog81 Member

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    Realistically the person who’s loaded and flies around in a private jet isn’t buying a Colt frame. They’d just plop down a couple grand on a high end firearm.
     
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