Really hard for older guys to accept that gun values won't continue to increase faster than inflation.
I have a few very nice vintage rifles available to buy from semi willing owners.
But they are still convinced that they can compound the interest forward on what they paid for it 10 or 20 years ago.
Markets change all the time and trends in collecting change also.
The market might come back for what these guys have but have they got time to wait ?
I recently brought a dirty rusty, but very desirable single shot 500 3" BPE single shot rifle at auction.
$1200 NZ
There is currently a rifle in the exact same model available in NZ at $8000 NZ
It is a 450 BPE which is a slightly less desirable cal because the 500 holds a premium ( usually the biggest calibers are less common and more desirable ) and it is also fully refinished, which also doesn't enhance the value.
So there is a disconnect between the vendors having owned for years and never conceiving taking a loss and the realistic state of the market
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