Why do gun owners do this to each other?

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I don't understand why people keep talking about capitalism here. This is not our primary source of income. Very few of us here are into guns because it is our job. It is our hobby for crying out loud. I don't buy or sell guns to make money. I buy and sell guns to augment my collection, have fun, and bring others into the hobby.

Capitalism is not the issue here. Making the hobby not fun is the issue.
 
Maybe there is something really special about that one that makes it worth more than average. Maybe it has CT laser grips or a gold-plated hammer or a letter of introduction from John Ross or something.

I used to fool around with handmade knives, and I've been known, right after a fat payday, to pay a price for a knife that had my knife buddies telling me, "You're a flat-out fool!" Tough toenails - I liked it, I could afford it, I bought it. MYODB.

I am fortunate enough to have a rather rare firearm that you don't see everyday. The guy I bought it from got it as a gift from someone who is now dead, but you'd recognize the name. Some years ago I was getting divorced and needed some money, so I contacted a dealer and offered it for sale. I named a price that no doubt made him think I was greedy, like some members here think about this seller. I got a counteroffer from him, and another from a contact of his, both lower than my price, both of which I refused.

They probly thought, "What a greedy b*st*rd!" (which isn't true, but you only have my word on that). The real truth was, that gun was special to me, and I knew if I sold it I'd likely never even see another one, much less own it. So I wanted X thousand dollars to part with it. They offered less - thank you for the offer, but no thanks. I sold a truck instead, and paid my obligation (now I drive a better truck).

So the seller's asking price is the product of a complicated mental process, the details of which we know nothing about, or even if we're comparing apples to apples. It seems kinda sudden to accuse him of poor character on his asking price alone. If his price is in fact too high, it's a self-limiting problem.

Parker
 
So why would you guys want to do business with someone like this?

I wouldn't. And I don't have to. There are other sellers and better prices. That's capitalism at work. Ain't it grand?

ps: ultimately, it's the market that sets the price; not the seller. If the gun at that price attracts no buyers, then the market has spoken. If the seller wants to sell the gun, he has to adjust the price downward until someone is willing to pay his price. OTOH, if the gun does sell at that price, well, again, the market has spoken. That gun is now "worth" $600 to some segment of the market.

A free(ish) market is self-correcting.
 
Excuse me, but the guy can ask whatever he wants. That's called the free market system. You can buy it or walk away. That's the other side of the free market system.
 
Capitalism is not the issue here. Making the hobby not fun is the issue.

Hmmm... most of us here find that some of the fun is in finding a nice gun that we want at a good price.

Part of that fun is exercising our discretion and understanding to know what a good price is for a particular item.

To know what something is, you have to also know what it isn't.

This seller has provided you with a control point for your own personal "isn't" category for a Ruger LCP.

You've exercised your discretion by not buying it.

That was FUN, right?

You should send him a thank you note -- he's really helped you enjoy your hobby!

-Sam




P.S. -- When the argument devolves from claims of felonious intent, and allegations of thievery, fraud, greed down to whining that some guy you've never met is making your hobby not as much fun anymore ... it's over.
 
Quote "And I don't have to. There are other sellers and better prices"

Not always true,sometimes all decide they don't want your business and or all charge the same.Like I said,I had cancer,just a friggin' Melanoma mole removed end of story.I shopped for health insurance,they all said denied denied denied once the word "cancer" was mentioned.

Live in Fl and try shopping for house insurance,call around and see what they say "we don't insure in Fl",and or all quote prices about the same if they do.

And yes you have to,you have to have health insurance and try telling your mortgage company you won't get house insurance.They'll foreclose on you for breech of contract.
 
Unfortunately, the internet is chock full of self-appointed, busy-body virtue cops. One of my pet peeves is the amount of crapping in people's "for sale posts" that goes on here and on other sites. All the "crappers" seem to think they have a duty (higher calling?) to add their $.02 and protect the rest of us from what they perceive to be high prices, illegal behavior, etc. Nothing much worse than a self righteous mall cop/crossing guard on a mission to save the world.
Oh how true this is, "Virtue Cops", heh, I like that.
 
The majority of us are well versed in all aspects of the gun business. We all know that an LCP sells for $285 to $325. I bought a NIB one for $265 this past Nov but it was a pre recall (ser#370XXX). I had problems and sold it for $300.

I have no problems with a guy trying to make a buck. Would you have said anything had he priced it too low?
Live in Fl and try shopping for house insurance,call around and see what they say "we don't insure in Fl",and or all quote prices about the same if they do.

I live in Palm Beach County and just had State Farm Cxl my policy after 32 years without one claim. Home owners and wind storm insurance cost me $4,125 per year.
 
We all know that an LCP sells for $285 to $325

I fully agree with you but I do not assume everyone has the same knowledge... there are those who do not know what guns are worth, what is available, or anything else about them.. they simply (now) feel they need to protect themselves. I often see these people come into the shop (with something they bought somewhere else, individual or store) and leave extremely upset because they thought they discover they were ripped off...


the same could be said of buying an original Colt 1911 from some woman after her husband passed.... if you walk away from a deal like that bragging that you got it for a couple hundred bucks, then you pathetic...


Simple rule.. do unto others... that trumps this skewed view of capitalism every time...
 
Not as bad as some I've seen.

I saw an ad in this weeks classifieds for a Winchester 1894 30-30. For $1295.00 :what: I hope that guy gets it. Mainly because that means my 1894 Legacy in .357mag is worth a small fortune.

Does that make me greedy? Probably. :neener:

Free market dictates that an item is worth exactly what a person is willing to pay for it. If something is priced too high then it wont sell. He will lower his price and sell it. :rolleyes:

I have a rifle posted in the classified section here. the original price was $700.00 which I honestly thought was a fair price considering the condition and the amount of work I'd put into it.

But a member here that I trust PM'd me that the price was a bit high. So I dropped it to 600.00.

Does that make me noble or stupid? :D
 
What the HECK is being taught in public schools these days?
I was wondering the same thing.

PT1911,

You're a student, right? Just out of curiosity.... Have you ever heard about the invisible hand in any of your classes?
 
You're a student, right? Just out of curiosity.... Have you ever heard about the invisible hand in any of your classes?

I understand that Economically, the more money spent the better and the selling price is always eventually set by the buyer not the seller.

I also understand the principles of honesty, fairness, and good ole common courtesy...

Economically, any sale is a good sale, but that doesnt make it right.

Some people dont know what they are buying and others dont know what they are selling... As someone who still hangs on to old fashioned ideals, I just believe that people should do the right thing.. that doesnt mean they cannot make money or get something at a good deal... but when you double profits in the face of fear, that goes beyond making money.
 
LOL He's prolly Just going by the blue book value.

I find that 9 times in 10 when something is dramatically overpriced the blue book is involved. I sell consignment guns online and it infuriates me when the owners resort to "the book" as NOTHING so priced EVER sells and thus is a total waste of my time

I have a one up on gunbroker right now

Back to the topic it flat scares me just how little your average citizen understands about economics. This thread just reinforces this
 
There's greed, and there's stupidity. And both are legal.

But there's also my local shop that sells everything a little bit more pricey than the monthly gun show. I prefer buying from them.

That, my friend, is called loyalty based on integrity.
 
Greed is how and why business works!! No one does business for love its for the MONEY! Read a book on free market economics.
So..............when I buy I need a deal and when I sell I must profit well.

Get all you can - can all you get - sit on the can.
 
PT1911,

I'm just wondering if they are still teaching anything about the economic theory of the invisible hand these days. Have any of your teachers (History, economics, philosophy, business) ever spent any time on that subject?

Have they spent any time on Adam Smith?

Did you ever have to read "The Jungle" for any of your classes?

Sorry to pepper you with questions. Just interested.
 
This wasnt my specific area of study, but I was exposed to most of it in passing... Yes... read The Jungle and was taught (in passing) the invisible hand theory, but it was all in passing...

never learned much on Adam Smith, but after doing a bit of researching on him (like just now) it seems he was just as concerned with morals as with economics. I could be wrong as my exposure to him is quite limited...
 
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