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That is the first sentence in an article on Lugers in the 1972 book "Guns of the World." The article was written by Jim Helms and Bill Evans. It also states, "Some collectors are fed-up with paying the stupendously high prices commanded for the Luger and have turned to other fields saying that Lugers have 'dried up."'
That just shows that some things never change. Collectors were complaining about the high prices even in the so-called "good old days." The article lists values of different Lugers that range from $150 for a 1914 military to $950 for a 1902 carbine, both excellent condition. An S/42 dated Luger is valued at $75 in fair, $125 in good and $165 in excellent. I realize these values cannot be compared to today considering inflation, but that two gun writers had the idea in 1972 that Lugers were drying up seems hard to believe35 years later. I wonder what they would (or are) saying today? |
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