ontarget
Member
Before one can lose their mind they have to have one of their own to lose.
Unfortunately in today's world many people don't.
Unfortunately in today's world many people don't.
If I ever spent that much money on a bottle of wine, I’d punch myself in the face.Could be worse, I have been in Restaurants where wine sells for $3500-5000 a single bottle. And not as upscale as you would think.
If I ever spent that much money on a bottle of wine, I’d punch myself in the face.
Guess I can stop feeling guilty about my $15 bottles of wine.
LOL! It makes me feel fancy.$15?! Look at mister Rockefeller over here. I'm happy with my three buck chuck. Although I'm more of a burbon kinda guy personally.
I thought they lost it when they was paying that, for the old ones ......B B...New Colt Python on gunbroker with a minimum bid over $3000....https://www.gunbroker.com/item/851531586
I was thinking this same thing last night. As far as issues with design goes I would think that most of the R&D was done on the old Python and the new ones should be an improvement over the former. Just my theory of courseIs it possible some of first new Pythons might be better than the latter? If I were introducing a new product I would want the first run to be the best, bringing the best reviews.
Guys may be gambling that an early release of the new Colt will be more collectible in 30 years. Get it now vs waiting 6 months, and cash in later.
We are talking about a certain portion of American culture that is willing to stand hours in line and get in a brawl over a new released fast food Popeye's chicken sandwhich or stand in line out the door for a free coffee at Dunkin donuts, and let's not even get started on black Friday.I can't believe what a middle school kid pays for a Cell phone. (or what their Parents pay). Freaking ridiculous. I guess it is necessary for some parents to shell out this kind of money to keep the kid from having a total melt down if the kid does not have the latest phone. Not to mention what even adults are willing to pay. I guess that they are necessary as well. How could they possibly drive without one?
The world is totally insane.
BingoLow number early production guns almost always command a premium from collectors.
How much more do you think a first year two or three digit serial number original python mint in the box is worth now, if such a thing exists?
A boatload, that's how much.
A lot of investment collectors play the long game and don't mind paying a premium
I'd assume that's part of it. The real early original Python's do command a premium. However there were only 300 Pythons manufactured in that first year and only 1,350 manufactured in 1956. I bet Colt will ship more Pythons this month than those 2 years combined. That's the problem with any replica of a collectible. The market will be saturated for years. In 5 years from now those guns will still be worth less than what people are paying for them on gunbroker today. In 10 years from now, people paying a $500 premium might start to break even assuming Colt bumps the price up a little every year. In 20 years from now the people paying double the MSRP will finally be made whole and that's ignoring inflation or any opportunity cost.
Just ponder how many of the original Python purchasers are A. still alive and B. still own the gun. I'm guessing most of the well-heeled individuals laying out $125 back in 1955 for a Colt Python are no longer with us and never witnessed the run of prices over the last 10 years.