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04-07-2022, 06:50 PM | #1 |
Lifer
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How Does Inflation Affect The Value Of Your Lugers
Good or Bad? Have sales gone up or down? I know the value of used cars gone up 30 percent! Is it now harder to sell your lugers for their value you bought them!
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04-07-2022, 07:20 PM | #2 |
Lifer
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I don't sell my Luger's I'd rather cut my best friends arm off.
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Whoever said that "money can't buy you happiness" never bought a Luger. WTB - Take Down Lever & Trigger Plate (#90) for an Imperial Artillery.
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04-07-2022, 08:23 PM | #3 |
Lifer
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Some are not in the same financial position~ Those who find themselves living only on Social Security or other limited fixed Retirement Monthly Income In The Face Of Daily Inflation~ Something Else Has To Be Sacrificed Unfortunately~ Tough Choices!!!
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04-07-2022, 08:55 PM | #4 |
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Inflation does not affect the "value" of your Lugers. Inflation affects the value of the Dollar. It takes more worthless dollars to buy the same object. The object does not change. The dollar's desirability changes.
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04-07-2022, 09:05 PM | #5 |
Lifer
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Well Said, but maybe there more lugers on the market due their financial situation as our dollar is worth less and buying anything costs more!
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04-07-2022, 10:23 PM | #6 |
Lifer
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Tom Whiteman OF LEGACY just told me that prices are DEFINETLY GOING UP! AND THE PROBLEM IS FINDING GOOD LUGERS TO SELL! YA! https://www.legacy-collectibles.com/hand-guns/lugers
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04-07-2022, 11:20 PM | #7 |
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Again. The "price" is going "up", because the dollar is going DOWN. Lugers are costing more dollars because the dollar is worth-less, not because the Luger is worth more. The Federal Reserve (Which, by the way is run by banks, not the government) pours more dollars into the market,(quantitative easing, they call it) which floods the market with dollars, making them worth less. Therefore, it takes more dollars to buy the same item,(a Luger). It seems folks have hard time wrapping their heads around the concept of a worthless dollar.
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04-08-2022, 11:59 AM | #8 |
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I think the question is whether or not the price of Lugers tracks the rate of inflation, beats it or lags behind.
The answer obviously depends on the situation, and I would assert that the price is much more dependent on supply and demand. Demand is governed by the number of collectors and their age. If inflation gets so bad that people have to sell hard assets in order to buy food, shelter or other necessities, then the price of Lugers will likely go down relative to inflation, all else being equal. Let's hope we don't get there.
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My avatars are the Bulgarian word for "Fire", as seen on my 1900, 1906 and 1908 Bulgarian Contract DWM Lugers. Looking for a DWM Commercial side plate #95 |
04-08-2022, 05:51 PM | #9 | |
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Quote:
When they are gone you are still in that same limited income position, but the Luger(s) are still gone. When you have sold everything of value - now what? |
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04-08-2022, 06:34 PM | #10 |
Lifer
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Seller Regrets as each has a memory and part of my life! Much like ripping up family pictures in your wallet!
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