Would you overpay for a rare weapon?

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This has probably been more-or-less said, but it's a pet peeve of mine... There really isn't such a thing as "overpaying." They charge what they can get and you pay what you value. :rolleyes:

That said, I simply don't have the financial ability to purchase rare weapons; and frankly, I don't value novelty in my tools.
 
sometimes you just "gotta have it."...I recently paid more than market value for a 1 of 300 SiG Pro SPC 2009 with a real engraved slide top...I liked the true engraving (I'm not a fan of laser etching) and it wasn't marked at a price that is so out of line I couldn't indulge myself in buying it...plus the seller was very nice to talk to and the transaction went better than I could have imagined...

Bill
 
tarosean said:
Say there is a rare gun you have wanted for a long time. (think years) You finally found one available at a steep price.

Do you just suck it up? Continue to search?
What would be your cut off point above "normal" when they do pop up? 100-500.00? 500-1000.00? 1000-2000.00? more? less?
Click to expand...
Impossible question to answer in that the very definition of expensive is subjective in nature--What's expensive to me might be relatively cheap to you.

Not to be arrogant, but "that's a fact jack" as they say.

-Cheers
 
It is philosophically impossible to "overpay" for a gun. One pays not one dime more than one is willing to pay to have the gun, and by definition, that was its price.

Overpaying would mean paying more than the gun is worth--it is worth the agreed price. That's what you paid, so you did not overpay.
 
There are some people who see sellers as predators and consumers as victims no mater how you try to explain basic economics.. They are more concerned with percieved "fairness" than the reality that people are in business to make money. There is no way to reason with emotion.
 
Silly question, if it's something I REALLY want and have the cash I don't consider anything overpayment. It's just the price of what I wanted.
 
I have to totally agree with 22-rimfire, when he said, " There are a few that you really seldom ever see..." Thats why I brought the Colt Cobra 4" 38 spl. home with me 3 months ago from a GS. Walking by the table, I glanced at the revolvers this guy had for sale, when I saw that Colt, I knew I had to have it. Upon inspecting it, hardly any wear on it, the bore was fantastic, no drag line on the cylinder, original grips. I asked if he'd take so much, we haggled a bit, I walked on. I came back in 30 min., reached into my pocket and brought out the cash, laid it on the table and said "This is all I have.", like I said earlier, brought it home from a GS. I paid $500 for it, was made in '57, it shoots fantastic, very accurate, don't think it was shot much at all. I might have paid a little more than I should have, but this was the first Colt like that I'd ever seen like this, its warmed up to the Python in the safe really nice, good stable mates.
 
Once I missed a BNIB with all papers Ruger Speed Six. 3" barrel with Postal Inspector serial number and manual. It was only about $100 more than a regular Speed Six. I still regret not grabbing it.
 
"They retooled, made a slightly different one, and STILL have a hefty pricetag on it."

Not really, it's a different company in a different country and I don't how the original SIG could ever retool after being out of the gun business for so long.

Sig-Sauer makes the new redesigned P210 Legend in Germany. They never made the real P210, that was made by the original SIG in Switzerland. Schweizerische Industrie Gesellschaft is German for Swiss Industry Company, or in French it's Société Industrielle Suisse.

They now make cartons.

"Today SIG comprises one division: SIG Combibloc, specializing in aseptic carton."
 
So you pay $1000 for a $750 dollar gun. You use it for 10 years and you sell it for $750. It cost you $25 bucks a year or equivalent to a round of drinks for your buddies. If you didn't buy it you would still be bitchin about not having it to your buddies. The only problem is there is always just one more gun you have to have. It never stops. Sooner or later it turns into another safe. Look at the bright side when you die your Wife will sell them at a huge loss.
 
So you are saying there is NOTHING currently made that is from the original SIG, not even the German made stuff with the SIG name on it? The German firm just bought the name? :confused:
 
Hypothetically, Yes I would overpay for a weapon that I really wanted -- granted the funds are available and I won't be strapped after the purchase. $100-500 is not bad, or up to a grand if its something really rare that you know won't come up again in a few years.
 
I am not one for collecting C&R or rare firearms, I am all about buying them for the sheer pleasure of shooting them therefore I am going to buy according to how cheaply I can get a firearm for the purpose of using it not purchase firearms as an investment or for personal sentimental value. so its safe to say I am probably never going to buy a rare weapon let alone over pay for one. unless I win the power ball lottery to be able to foolishly blow money on collectible firearms that only the 1% or 2% of the wealthiest forum members can afford to buy by overpaying for them.:evil:
 
My philosophy is pretty simple. Despite a Blue Book of gun values any given gun on any given day is worth what someone is willing to pay for it. No more and no less.

Sometimes I have gotten a real good deal and other times maybe average. If for example I see a minty S&W Model 28 and I want that revolver I'll likely buy it. I will not pay for example some outrageous amount like $1,000 but if the gun is something I really want I may pay $500.

Currently I want to replace a Springfield Trap Door. A nice one should run about $800 but if I see one I want for $1,000 I would likely pay the grand and be happy.

Just My Take
Ron
 
It all boils down to what a particular gun is worth to YOU and if you are a collector, you often have a handle on how commonly available a particular gun is. If it is "just a gun", I pay market price at most and not a penny more.
 
If it's something I've looked for for several years I'll buy it if i have the money. I can always make more money but it may take many years for another rifle or part to come up for sale again and there's no guarantee I'll have the money next time
 
i passed on a factory documented 3" Python about 10-12 years ago. it was maybe $1000 more than i had or could afford at the time. i should have gone into debt or convinced my dad who was with me to front the cash. i could easily buy one for that price now but have not seen one offered for sale ever since. so it kinda depends on a lot of things.

i watch American Pickers a lot. now i realize those guys are flippers and not collectors and have to pay their mortgage off buying cheap and reselling but it amazes me at the stuff they pass on because they are $5 or $10 apart in price. are their margins THAT slim ?

i have since learned that if you see something that you will probly not ever realistically see anytime soon, jump on it. i picked up my S&W triple lock that way. i had never seen one for sale and then i found one just sitting in my LGS. i was not leaving the shop that day until we had set upon a price. now it is beat and has had the barrel chopped and the price was right at $250, but it will serve as a place holder in the collection till i can find a LNIB target model. the pre awar magnas are worth what i paid for the gun.
 
Eh, probably.

Case in point, I bought a Mateba Unica 6 about a year ago it seems. 44 mag, matte nickle finish, 6 inch with compensator. I believe it is a hunting model. I bought it because I had the funds and never in 100 years expected to run across one. Even the salesman was surprised I knew what it was called.

Now the problem with buying a rare gun is that at least in my case I don't like to shoot it. In fact I got on here to post about whether I should sell or trade it for a Browning Superposed which is what I have really lusted after for years.
 
Consider this, and it has been explained in different ways above. You always desired a particular gun, but it has always been out of reach due to the prices found. I, for one, have spent countless hours at gunshows (in the past), and online (more recently), and have passed on many gun buying opportunities. Like an epiphany, it occurred that for all the time I spend, and have spent, had I tacked on a little extra to my spending funds, I could have saved myself a lot of time; and time, if not exactly "money", is precious, especially as we get older. For a little extra, now and then, I get what I want, and I do not feel guilty. And, as others have pointed out, you can either depreciate the difference, or in many cases, wait a little while, and the resale value catches up. In the meantime, what is the enjoyment of your desireable gun worth to you?
 
There is one handgun I'd love to own. A Webley-Fosbery. The last one I saw was $7000. Not sure if that's overpriced, but it is way over my price. So no, I won't overpay. Who knows someday I may find one at an estate sale for a song.
 
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