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#15 |
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Join Date: Jun 2002
Posts: 757
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My experience, offered entirely FWIW.
There appear to me to be two different Luger markets. One of these markets is for “collector” Lugers, defined as guns with all factory original parts (which includes known/reasonably verifiable service updates/conversions, such as commercial Lugers converted to police use) and at least 60% original finish. Observed market value (gavel price) of collector Lugers is primarily influenced by variation and within a variation, condition and proper accessories. Region in which the Luger is sold can have a large impact of gavel price. It’s been my observation that the prices brought by these Lugers has, over the last ten to fifteen years, been static or slightly declining. The other market is for “shooter” Lugers, defined as any Luger that doesn’t qualify as a collector Luger. Gavel prices on these Lugers appears to be driven primarily by cosmetic condition and secondarily by bore condition. Over the last ten to fifteen years I’ve seen gavel prices rise significantly. Over the last five to ten years my experience has been an increase in gavel prices running 10% - 15% a year. Kyrie |
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