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Posted: 12/23/2012 2:57:54 PM EDT
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Has the recent mania driving up prices on semiauto stuff had any effect on the full auto market? Just curious.
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Thanks. BTW, is it really 6 months now from the ATF? I thought they had improved on those times. Guess they don't give a darn. They are still around 6 months on avg. I've had a couple come back in 4-5 months. And there was one at the shop that came back in 9 months. |
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Thanks. BTW, is it really 6 months now from the ATF? I thought they had improved on those times. Guess they don't give a darn. They are still around 6 months on avg. I've had a couple come back in 4-5 months. And there was one at the shop that came back in 9 months. Yea, in about the last years time, I've had stamps come back anywhere from 7 months to 3.5months after I sent it out. |
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I think it will depress the price of the lower end guns. Only so many gun dollars to go around, and someone who usually buys guns for fun, is going to shift their priorities, and focus on the core of title 1 guns, ammo, accessories.
The higher end will be inelastic to the current surge. Guys buying NIB Colt M16's or HK sears are not deciding if they should sell off 3 franken-AR's to step into a beat 11/9. I do think that a lot of long time NFA owners, who are not the heavily monied, but still own higher value items from back when they were comparatively cheaper, will be selling off finally. More supply = lower prices. The net effect would be a drop in the more accessible guns, but it won't be a Huge hit. More likely, it would just hasten their continual rise in value. |
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I think it will depress the price of the lower end guns. Only so many gun dollars to go around, and someone who usually buys guns for fun, is going to shift their priorities, and focus on the core of title 1 guns, ammo, accessories. The higher end will be inelastic to the current surge. Guys buying NIB Colt M16's or HK sears are not deciding if they should sell off 3 franken-AR's to step into a beat 11/9. I do think that a lot of long time NFA owners, who are not the heavily monied, but still own higher value items from back when they were comparatively cheaper, will be selling off finally. More supply = lower prices. The net effect would be a drop in the more accessible guns, but it won't be a Huge hit. More likely, it would just hasten their continual rise in value. I know someone who has ~$250,000 worth of MG's. He's been holding those for a long time, and is just starting to put them up for sale. The whole panic-ban-panic thing has him worried that his collection could be devalued suddenly. |
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Not really. Hosts maybe. But the full autos have been on an up swing in the last five months or so. FWIW ... in October 2011, a friend wanted to sell his Oly/PAWS, and asked me what he should ask for. I checked and at the time, conversion RRs were in the $9-10k range. Then I offered him $9.8k and he accepted. Today, 15 months later, I can't find any conversion RRs under $14.5k. And some are $16.5k. So we're talking roughly 50% appreciation in 15 months. I may just sell it soon because I really don't need duplicate MGs, when they are this valuable. But who saw this coming? 
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Not really. Hosts maybe. But the full autos have been on an up swing in the last five months or so. FWIW ... in October 2011, a friend wanted to sell his Oly/PAWS, and asked me what he should ask for. I checked and at the time, conversion RRs were in the $9-10k range. Then I offered him $9.8k and he accepted. Today, 15 months later, I can't find any conversion RRs under $14.5k. And some are $16.5k. So we're talking roughly 50% appreciation in 15 months. I may just sell it soon because I really don't need duplicate MGs, when they are this valuable. But who saw this coming?
From my own eyeballs, I think the market for non colt RRs was about 9-10K since around 2008. MG price guide has them basically flat from 2006-2011. What is up with this recent move? Some combo of the economy recovering, election fever, higher prices of semis pushing people into MG? Is T. Boone Pickens trying to corner the MG market? |
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Not really. Hosts maybe. But the full autos have been on an up swing in the last five months or so. FWIW ... in October 2011, a friend wanted to sell his Oly/PAWS, and asked me what he should ask for. I checked and at the time, conversion RRs were in the $9-10k range. Then I offered him $9.8k and he accepted. Today, 15 months later, I can't find any conversion RRs under $14.5k. And some are $16.5k. So we're talking roughly 50% appreciation in 15 months. I may just sell it soon because I really don't need duplicate MGs, when they are this valuable. But who saw this coming?
From my own eyeballs, I think the market for non colt RRs was about 9-10K since around 2008. MG price guide has them basically flat from 2006-2011. What is up with this recent move? Some combo of the economy recovering, election fever, higher prices of semis pushing people into MG? Is T. Boone Pickens trying to corner the MG market? I can guarntee you that the main reason for this massive growth in machine gun prices and really everything gun related, is that so many more people are into guns now than just a few years ago. Lame TV shows have made AR15s the new hot thing to have, and while I kind of like seeing that, I also hate seeing it at the same time, and it has really caused prices to start flying up fast. |
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