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Old 03-05-2016, 10:02 AM   #17
alvin
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How about this one?

http://www.gunbroker.com/Auction/Vie...Item=543747087

I can understand some collectors don't care that much on condition, I collect some lower condition items too (scarce and rare ones, of course). but I could not understand why they cannot get this at much lower price. This variation has many samples in much better shape and in lower price. This price is way higher than Simpson, than RIAC, even higher than Julia!!! No kidding!! Even its $1000 starting price is high, let alone $2500. But that's the way it is on the market. Comparing with this, Simpson is selling guns dirt cheap.

For looking, this one is obviously not for looking. For shooting,,,, God knows, may be unsafe to shoot it. For parts??? The intention is very unclear.

Don't tell me it's bought by a collector who has everything but just miss this one. Impossible. Collectors start from common variations, going scarce and rare domain gradually. Not the other way around.

Shill buyer? Unlikely either.

That's the reason for the intrinsic value theory. That theory can explain this -- the intrinsic value of this gun is high. Market value can realize intrinsic value or not? Depends on many many factors.
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