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wow the market has turned soft


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#1 geefal

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Posted 22 October 2019 - 09:17 AM

Haven't had the chance to watch many sales for a bit this year, watching Morphy auction today.

 

Good lord I hadn't realized how low prices are for things now.

 

Wonder if that is temporary or beginning of a trend down


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#2 b_san

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Posted 22 October 2019 - 11:47 AM

Prices are down but it's stupid to run their premier auctions during the middle of the week, IMO.
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#3 APEXgunparts

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Posted 22 October 2019 - 12:31 PM

I watched that Colt 1921 AC close at $20K.. and really thought I should bid but waited because I hadn't even bothered to read the write up thinking it would be way out of my price range..

https://auctions.mor...-LOT472960.aspx

Richard


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#4 huggytree

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Posted 22 October 2019 - 12:54 PM

trend down started many years ago on various guns

 

m16's have been down for 2- 3 years

Uzis 2-3 years

thompsons down $5-7k lately

 

market is -$2k on almost every thing..friend got a Uzi BG Bolt gun for $8300 last week!

Ive been buying bargains for over a year. -$2k on almost everything

 

 

with a 11.5 month wait time who wants to deal with it


Edited by huggytree, 22 October 2019 - 12:55 PM.

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#5 83Baron

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Posted 22 October 2019 - 01:35 PM

With the maremont bringing I believe 50k before BP, and the 42 at already a prebid of 32.5k before it goes live, I wouldnt say prices are soft across the board. That 20% tacked on at the end does sting though.
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#6 Frank Iannamico

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Posted 22 October 2019 - 03:52 PM

Ended auctions

 

Once you add the 20% buyer's premium they look a look less like deals.

 

 

https://auctions.mor...dSessionsOnly=1


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#7 Mike Hammer

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Posted 22 October 2019 - 04:24 PM

Yeah, you have to be careful bidding on these auctions, by the time you add the 20% plus taxes and shipping your good deal is not so good after all.


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#8 Black River Militaria CII

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Posted 22 October 2019 - 05:19 PM

Colt looks refinished to me......
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#9 APEXgunparts

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Posted 22 October 2019 - 07:09 PM

Colt looks refinished to me......

 

I agree, also the write up mentions something about the sides being reblued?
Still, probably the closest I will ever come to owning a Thompson like that.

Richard


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#10 johnsonlmg41

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Posted 22 October 2019 - 07:43 PM

Hard call on the colt as to whether 24K plus sales tax is worth it?  Replacement barrel, touched up blue, unknown stock or internals.  Good shooter for sure and a real colt to those who don't knitpick.  I guess vs. buying a 1928a1,  and if you can do a decent finish on it, it's probably not a bad deal at all in the big scheme of things IMO.  Your next stop is in the 30's and that won't be pristine either?

 

I didn't see much softening at all when you add up all the numbers?   I unknowingly (until later) boned a guy I know out of at least 6K, by bidding up an item.  Chalk one up for the house.  There were a couple bargains IMO depending on your frame of reference. 

 

Prices could continue to rise into next year because as the Asian ladies say, "everything gets bigger in an erection year".


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#11 Speeddemon02

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Posted 22 October 2019 - 08:36 PM

Even HKs are down.  Saw a fleming sear married to a cut barrel 94 go for 30k recently.


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#12 StrangeRanger

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Posted 22 October 2019 - 10:26 PM

The market is not entirely soft.

This is a refinished Savage M1, nothing special

https://auctions.mor...-lot475593.aspx


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#13 Petroleum 1

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Posted 23 October 2019 - 07:24 AM

Both of the MP44's went for a little above average money without the prem plus they were both deactivated guns that have to be repaired to firing condition.


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#14 Petroleum 1

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Posted 23 October 2019 - 10:08 AM

The market is not entirely soft.

This is a refinished Savage M1, nothing special

https://auctions.mor...-lot475593.aspx

Adding the prem its crazy money...almost 10k more than the average price. but it is a scarce model... :rolleyes: 


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#15 StrangeRanger

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Posted 23 October 2019 - 10:34 AM

The $28,290 included tax and premium.  The hammer was $23,000.


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#16 Colt Chopper

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Posted 23 October 2019 - 11:11 AM

Both of the MP44's went for a little above average money without the prem plus they were both deactivated guns that have to be repaired to firing condition.

What did they Bring ?


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#17 Frank Iannamico

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Posted 23 October 2019 - 11:18 AM

The problem with the auction is there are TOO many machine guns being offered at one time.

The number of potential buyers is small.  


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#18 maxfaxdude

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Posted 23 October 2019 - 01:44 PM

The problem with the auction is there are TOO many machine guns being offered at one time.

The number of potential buyers is small.  

 

The other problem is mid-week and a start time of 6 AM PST.    


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#19 Petroleum 1

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Posted 23 October 2019 - 04:55 PM




Both of the MP44's went for a little above average money without the prem plus they were both deactivated guns that have to be repaired to firing condition.

What did they Bring ?
1032 $27,675
1004. $30,750
1002 $27,675

The 1002 and 1004 guns are deactivated. I believe these are final prices.

Edited by Petroleum 1, 23 October 2019 - 05:00 PM.

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#20 Frank Iannamico

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Posted 10 November 2019 - 04:10 PM

Soft market

 

Look at this

 https://www.rockisla...fully-automatic

 

Beretta 38/42 $57,000!


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