Originally, I also thought those people dumping big bucks in auctions are people of 75 or 80 years old. But according to my observation, no. Most older collectors are not doing that.. many reasons, first, many people's interest in guns fades in that age, partially because they have seen or even owned many rare guns in the past 50 years; second, the more they looked at today's gun price, the more they felt uncomfortable. I noticed many buyers of expensive guns are in 40 to 60 age range, in great health condition, running small business, do not have much family burden, not much retirement concern either. Those people are aggressive in gun market.
As a proof to this, just watch those MG shooting videos in youtube.com. Those guns might not be as rare as Singer 1911A1, but nevertheless expensive guns too. Even garbage-look STEN costs about $10K nowadays. How many times you see the operators in those videos being 70s or 80s? Even occasionally see a grandma-age lady sitting on wheelchair shooting a MP40, I bet that's not her recent acquisition.
|