Your musings on the gun market?

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Danus ex

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Hey all,

Like many of you, I watch the online gun classifieds/auctions for firearms I'm interested in obtaining. Over the years I've observed a number of interesting market trends that (in my mind) appear to have one of two primary causes: the appearance of and appeal of a good deal/consumers' inherent stinginess, or the "gotta have it all" nature of collector-types. Some trends are a product of both.

I classify these observations in the "good deal" category:

1. The Cinderella story of the Makarov PM. The internet gun community catapulted it into concealed carry stardom. It went from being a prolific, $125 commie peasant piece to a $350 pistol that's surprisingly difficult to find in late 2006.

2. CZ. The long time sleeper is discovering its market potential and prices are way up. Foolhardy brand loyalists and good-hearted shooting vets alike toot CZ's horn frequently and CZ corporate is feeling for the bang-for-the-buck bank-breaking point. They're getting close but aren't there yet--$550 75Bs, anyone? A few years from now, Izhmash may be in a similar position.

3. Surplus ammunition going extinct. Nothing motivates consumers to buy and hoard like the threat of limited supply. While the supply of surplus ammo for all calibers is never truly dead, surplus 'dies' when it ceases to be a solid, steady deal. 7.62 NATO was the latest victim, and I think 8x57JS or 7.5 Swiss is next. If I had half a brain, I'd set up an ammunition plant in an extremely poor nation, crank out millions of rounds of ex-surplus calibers, and do my best to undercut everybody else and become the crufflers' choice.

I consider these trends to be a product of the purchasing behavior of internet-equipped collectors, armchair shooters, blowhards, and showoffs:

4. Insane used revolver prices. Want a decent Python or Diamondback? $1000 please! New in box, you say? $1400! It's rough being a Colt revolver fan. The S&W market isn't quite so bad, but I've seen Smith 17s go for $500 or $600, and things like 27s go for nearly $1000. Some models are very difficult to come by, like the 13 and 19. Anti-lock people also make the used S&W market more volatile.

5. .45ACP. I think this is fantastic--new firearms chambered in .45ACP are popping up everywhere. Legions of shooters maintain the silly but easily rationalized view that .45ACP is the be-all, end-all handgun cartridge and mother hen gunnies cluck about it incessantly to all the new chicks. Consequently, we've got a steady flow of reasonably priced .45ACP ammunition and a panoply of solid .45s to choose from. I hope the same continues to happen with 10mm.

6. Tacticool. For some, simply owning a firearm and bolting things to it is enough. Granted, most tacticool parts have a purpose, but whether or not said purpose contributes to one's shooting experience in a meaningful way is entirely debatable. Many like to flaunt their gear and attach beliefs about their masculinity or superiority to their 'manly' firearms (no doubt using a special Freudian Ego/Id 1923 rail attachment). Since when did tchotchkes and firearms flair begin to reflect one's manhood? This is definite man jewelry, and its popularity is evidence of a new/growing sector in the firearms market.

7. 7.62x51mm NATO. Most who own an assault rifle have "poodle-shooting" 5.56mm rifles, but 7.62x51 gets more than its fair share of chatter. This gives us access to AR-10s, FALs, PTRs, and M1As, any of which might go away without those fanboys who chide 5.56 and bleed .30 cal.

These trends are a product of both types of consumer motivation:

8. Increased supply of Russian/Combloc guns and ammo. Mosin-Nagants are just about everywhere you look now. They're decent and cheap, and shoot cheap, decent ammo. Wolf ammunition has a large following, too, especially since their products are particularly well suited to Combloc SKSes, AKs, and M-Ns. The only Combloc gun in short supply is the Makarov PM.

9. Nationalistic surplus collecting. If you've got Swiss flu, Finnish measles, or Swedish crabs, you're not alone! It's fascinating that people often align themselves with a particular nation's surplus. Logistically, it's sensible. Same weapons, same ammo; but how many of us need to prepare for invasion by a 20th century army?

10. The death of CMP. CMP's pool of rifles is drying up fast. I missed my chance at a 1903-A3 and a 1917, and Garands appear to be on their way out. Great rifles, great deals, and people love to own lots of them (and try to sell them for much more than they paid CMP). RIP CMP.

What are your thoughts on the new or used firearms market? Noticed anything interesting? Seeing anything disappear? Have your eye on a category of sleeper guns?

Dispute and contribute!
 
4. Insane used revolver prices. Want a decent Python or Diamondback? $1000 please! New in box, you say? $1400! It's rough being a Colt revolver fan. The S&W market isn't quite so bad, but I've seen Smith 17s go for $500 or $600, and things like 27s go for nearly $1000. Some models are very difficult to come by, like the 13 and 19. Anti-lock people also make the used S&W market more volatile.

As E.T. said above... supply and demand.

A a lot of folks, and not necessary collectors, have noticed that the high quality handguns of the past exhibit better craftsmanship then what's coming out of the factories today, and with the exception of Ruger and Taurus, trying to buy a new blued-steel gun is nothing but frustration. You may see those prices as "insane," but supply vs. demand will insure that the best ones condition-wise will continue to increase.
 
Part of the reason I quit racing and started buying more guns. Part of my financial portfolio now.

Build a 6000.00 engine, run it down the quarter mile twice, it's then worth about 3000.00.

Buy a rare gun, shoot it, enjoy it, take good care of it. Five years later it's worth at least 5-10 percent more than when you bought it.
 
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It is an interesting study in economics, including supply/demand, networking, "buzz", and various artificial barriers.

It seems interesting that on the manufacturers side we have a handful of huge companies, and a lot of very small companies....compare Ruger to Vector Arms.

I think one thing that's drained the supply of 7.62 is the abundance of cheap, seriously fun, semi autos built from ex military arms. I mean the demand for 7.62 would be enough it was just all the FALs and CETMEs, but throw in the the folks (like me) with a semi 1919 and "by the case" becomes the only way to buy.

Civilian firearms sales in the US would be an incredible topic for a econ PhD student.

I think tacticool is just another expression of the "marketing centric" consumerism/capitalism that goes on in todays world. Try and convince Joe Q. that he'll be all cool and individual by customizing his mass produced AR/AK. Okie dokie, whatever floats your boat.

Nationalistic surplus collecting.

That one hits close. I've found the only way to deal with having too many Israeli firearms is to buy more.

Trends? Well, I don't follow the same "market" as most of the folks here....but here's what I see. There are about to be a whole lotta Galils built up, they're going to start off in the "cheap FAL" range and then go up and up. I'm guessing BRENs will be the next M1919A4/MG42. Uzi prices will continue to rise, as Vector is running out of good buildable parts (from what I understand). I'm expecting to see a few more magazine "surprises", like all the really nice German Uzi mags that just dropped the price of a reliable 32 rounder to $15. I'll be interested to see what happens to the 1919's; plenty of complete guns out there but good parts are getting harder to come by.

If I had half a brain, I'd set up an ammunition plant in an extremely poor nation, crank out millions of rounds of ex-surplus calibers, and do my best to undercut everybody else and become the crufflers' choice.

Wolf?
 
As is often the case, El T's essentially nailed the crux of it: supply and demand. It's often said that nothing is worth more than you can get someone to pay you for it on any given day, no matter what some "Bluebook" says. Nobody would be demanding a grand for a used Python (or anything else) were there not some compelling evidence that there's someone who'll pay that to get one. All value is relative and entirely subjective, IMO.
 
The "Tacticool" fad is thie direct result of gun control (the AWB).

I wouldn't be nearly as interested in making any of my guns look all scary if it wasn't for the fact that at any minute they will try to ban them again.

I'd also say the resergence in popularity of the .45acp is because of the AWB and the growth of CCW (Especially in smaller guns like the Kimber Ultras and other sub compact 1911s) ... I've always thought it was funny that the AWB pushed people from giant, unwieldy "wonder 9s" like the Glock 17 to tiny, very concealable .40s and .45s


I also think the "death of the CMP" is over blown as some sort of political conspiracy ... the simple fact is that after military dropped the Garand for the M14 they stopped using guns that could easily be sold to the civilian market ... the problem isn't with the CMP (nor the Dems attempts to kill it) the problem is with the 1934 NFA.
 
And Makarovs well and truely have dried up. They were an extremely good value for the money, and people snapped them up. That's the nature of surplus. Unless somebody finds another warehouse in east Europe filled with them, we'll never see prices like that again.
 
Supply and Demand - I agree.

Marketing is another, and in some interesting ways.
Mfgs market a product to entice folks to buy. Over the years the buying public has "marketed" the Mfgs as to what "markets the market".

Follow me here.
Mfgs used to (more that they do now) focus on their product line in metallurgy,craftsmanship, quality control and service. They did not meddle, worry about other designs, platforms , and such.

Public said "we want ____, for this price range, and we want goodies and bolt ons".

Mfgs built one, then another instead of taking care of his usual standards, jumped on the bandwagon, then before you know everyone is poking noses into everyone else's business, letting the former metallurgy,craftsmanship, quality control and service, deteriorate.

Public taught the Mfg how to treat them - "quantity not quality" and the public will buy Clones. Too busy keeping up with the hot ticket, and the "Cloneses" - what made a company great, is no longer what they do.

Supply and demand. Why make a quality firearm, when the public taught the Mfgs they would accept lesser quality for less money?

Supply and Demand are the reasons. Spinning off is Marketing - and the people demanding a supply of lesser qualities for less monies.

Supply and Demand again - for the OLDer, better metallurgy, crafted firearms, that folks buy used, instead of new for the monies being spent.

Mirrors many other businesses...
 
The CCW pistol market has taken off considerably in the last 10 years with so many states going to "shall-issue" status. The trend towards smaller and lighter concealed carry guns has spawned a lot of new and interesting guns, as well as holsters and concealed carry gear.
 
I think a big part of the increased demand is the internet.

Ten years ago it seemed to me only FFL holders bought over the phone..now everyone can buy over the net.

I see many more guns available than I did ten years ago because of the internet advertising. I guess I did buy a gun over EBAY once so that must have been ten years ago or more but it has grown exponentially sense then.

This increased availability has also increased awareness of firearms that many people didn't know about unless their local store carried it. Many of the articles I read were for guns I never saw anywhere else. Now, I can go to gunbroker, auctionarms and even some larger dealer sites and see guns that aren't available locally. And compared to some local prices these are good prices.

I hear the same complaints about prices being driven up for collectable items - people blame EBAY for it saying 1. that there is so much compitition for items and people can check the price so easily it drives the price down (sellers complaint) and 2. people are finding items via the net/EBAY that they wouldn't have found years ago because it is in another state or country and this too hurts competition.

I disagree I think its all good more demand and more supply plus lots more information shared. Right now we have some growing pains butwhen the market is mature things will settle down.
 
Though some collectibles are through the roof (Pythons), a lot of good gear is still really affordable.

I'm actually rather amused by some of the "king's ransom" prices. Everyone insists that S&W 63s command some ridiculous price. Used ones go for $300$350, and NIB ones w/ all the paperwork can still be had under $100. What would they cost if S&W still made them? Probably over $500.

I don't consider any OOP firearm to be a bad deal if a LNIB model costs less than modern MIM/lock gear.


Anybody anticipating a growing "retro" trend? Will people get tired of tacticool and start going for classic?

SA revolvers are probably selling better now than at any point in the 20th Century. With Marlin getting frisky now, I'm curious as to whether leverguns for hunting will start making a comeback. Will twentysomethings from a non-hunting background start choosing stainless apeture-sighted XLR Marlins with LeveRevolution ammo, instead of a RemChester 7.3mm UltraHugeMag and 9X scope?

Maybe I'm ahead of the powercurve: I'm 26 and carry an S&W Bodyguard, have a Wlliams-sighted Marlin 30-30 for hunting, and have an AR-15 built in the early-Vietnam style instead of the whiz-bang M4gery.


Um, I guess a Vietnam-era AR isn't "retro" to some people on the board, but it happened way, way before I was born. But I can be a curmudgeon too:

"Yup, we took Baghdad just fine with a plain ol' M16A2. Didn't need any of this fancy 'rails' and Ayuh-COG stuff to get rid-a ol' Saddam"

-MV
 
yes, milsurp ammo is drying up. I have gone to every gunshow in the houston area for the last 3 yrs, and i have seen a huge diff on quantity and especially price. Also, to me , everything seems too high priced. not that i cant afford it, but I am making the assumption that outside , or irregular forces, lobbying groups, and lawyers mainly, are the main reason, we don't see things in weapons and ammo that we should, and we see prices we should not.
 
It's worth what it's worth...

Qustion.....Why would some fool pay $137 million for a Picasso painting??? It's a stupid looking monstrosity that looks like something a grade schooler created at recess.

Answer....It's because some other fool would pay $136 million.

Funny....people don't want something that's currently available, but snap it up when it's out of production.

Hard to figure. NIB Belgian Brownings bring less than they did 10 years ago but Colts bring more.
 
AK-47s the affordable peasant gun of the 3rd world, command average prices of over $500 here. That's BS and that's my musing.
 
El Tejon boils this all down to supply and demand. That's true, of course. What I liked about Danus ex's original post was that it tried to explain the "demand" side. Good thinking, that, especially the goofy marketing carried market wide by the internet. Lots of "demand" for unnecessary stuff. Good for the sellers ... and too bad for the buyers who valued some of these items before demand grew dramatically.

Remember the days when pickup trucks cost less than cars? The only thing that changed was demand; not the technology. But because demand grew dramatically, thanks to some great advertising that tapped into a man's desire to be a man, auto manufacturers were able to charge more per truck despite the fact that they were gaining new economies of scale on production. Double good for the seller ... and too bad for the guy who drove a truck because he needed it for work and not for image.

Supply and demand? Yes. But some of the "demand" is stupid, and some is generated by savvy marketers who have learned how to convince people that they have a "need" that they didn't know they had. So those with the real need now have to compete (pay more) with those who have a fabricated need. Triple good for the seller ... and tough nuts if you have a real need.
 
Second the women's fashion analogy. We probably haven't had as many impractical gun designs available to us since the Civil War.

Every time I scan through "Gunz N' Bullets" magazine I appreciate the guns of my youth more. It must be hell to be a gunwriter and have to keep finding adjectives to make this stuff sound good enough to make people salivate time after time.
 
Still kicking myself over not buying a Mak when they were still $175. I can't even find anyone who's got 'em now, save for the usual overpriced auction action.
 
Anybody anticipating a growing "retro" trend? Will people get tired of tacticool and start going for classic?

I think you are on to something there. It could be marketing driven... once the market is saturated with tacticool you have to entice their wallets back open by taking a new tack. It could be market driven... the tacticool crowd could expand their shooting interests into other venues. But it's coming, as surely as sports cars give way to sedans.
 
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