A Restored Lugers value question??

[SteyrAUG]

Originally Posted by DavidJayUden

Bottom line is that all of these are worth exactly what someone is willing to pay. No more, no less.
dju

Not really, it is what somebody is willing to sell one for.

If nobody is willing to pay more than $500 for a Luger, but nobody is willing to sell one for less than $1,000 then it isn't worth $500 because that is all anyone will pay, it is worth $1000 because you can't really find one for a cheaper price?

With things like Lugers and Ty Cobb baseballs cards, they are worth what a person who has one is willing to sell it for. The fact may be nobody can afford it or is willing to spend the money to own them, but if you can't buy one for $500 and it takes $1,000 to own one then that is what it is worth.

Now I'm depressed because I'm remembering the the $500 surplus Lugers from about 5 years back that are now all $1000.



I should have bought at least three. Those really didn't last very long.