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Unread 10-23-2001, 12:44 AM   #6
mlm
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Default Re: Another gunshow report-

Coins, cars, stamps, and other collectibles have had "crashes" in value at some point of time or other. In each case, the values ran way up at an unsustainable rate and bumped into some bump in the economy. Coins went up till about the 1987 stock mkt crash. Cars went up till the 1991 Gulf War. Guns have not suffered any real drop in value except for isolated types. If the values of guns have been rising rapidly recently, there is a risk, however small, of a crash or "hangover" from the runup. This is a risk for the common items that have suffered a runup if not for the unique pieces. The risk is, therefore, to such guns as K98s that have run up a lot in value but are still available to some extent (a few thousand all-orig K98s are in collector hands). Lugers have not had a great runup to my knowledge so should be less vulnerable to any potential crash in values.


Pure speculation on my part. Regardless, I am not buying SAA's.



 
 

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