How Does Inflation Affect The Value Of Your Lugers

cirelaw · 04-07-2022, 06:50 PM

Good or Bad? Have sales gone up or down? I know the value of used cars gone up 30 percent! Is it now harder to sell your lugers for their value you bought them!

spangy · 04-07-2022, 07:20 PM

I don't sell my Luger's

I'd rather cut my best friends arm off.

cirelaw · 04-07-2022, 08:23 PM

Some are not in the same financial position~ Those who find themselves living only on Social Security or other limited fixed Retirement Monthly Income In The Face Of Daily Inflation~ Something Else Has To Be Sacrificed Unfortunately~ Tough Choices!!!

gunbugs · 04-07-2022, 08:55 PM

Inflation does not affect the "value" of your Lugers. Inflation affects the value of the Dollar. It takes more worthless dollars to buy the same object. The object does not change. The dollar's desirability changes.

cirelaw · 04-07-2022, 09:05 PM

Well Said, but maybe there more lugers on the market due their financial situation as our dollar is worth less and buying anything costs more!

cirelaw · 04-07-2022, 10:23 PM

Tom Whiteman OF LEGACY just told me that prices are DEFINETLY GOING UP! AND THE PROBLEM IS FINDING GOOD LUGERS TO SELL! YA! https://www.legacy-collectibles.com/hand-guns/lugers

gunbugs · 04-07-2022, 11:20 PM

Again. The "price" is going "up", because the dollar is going DOWN. Lugers are costing more dollars because the dollar is worth-less, not because the Luger is worth more. The Federal Reserve (Which, by the way is run by banks, not the government) pours more dollars into the market,(quantitative easing, they call it) which floods the market with dollars, making them worth less. Therefore, it takes more dollars to buy the same item,(a Luger). It seems folks have hard time wrapping their heads around the concept of a worthless dollar.

spacecoast · 04-08-2022, 11:59 AM

I think the question is whether or not the price of Lugers tracks the rate of inflation, beats it or lags behind.

The answer obviously depends on the situation, and I would assert that the price is much more dependent on supply and demand. Demand is governed by the number of collectors and their age. If inflation gets so bad that people have to sell hard assets in order to buy food, shelter or other necessities, then the price of Lugers will likely go down relative to inflation, all else being equal. Let's hope we don't get there.

Kiwi · 04-08-2022, 05:51 PM

Quote:

Originally Posted by cirelaw

Some are not in the same financial position~ Those who find themselves living only on Social Security or other limited fixed Retirement Monthly Income In The Face Of Daily Inflation~ Something Else Has To Be Sacrificed Unfortunately~ Tough Choices!!!

But you can only sell the Lugers once
When they are gone you are still in that same limited income position, but the Luger(s) are still gone.

When you have sold everything of value - now what?

cirelaw · 04-08-2022, 06:34 PM

Seller Regrets as each has a memory and part of my life! Much like ripping up family pictures in your wallet!

04-07-2022, 06:50 PM	#1
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	How Does Inflation Affect The Value Of Your Lugers Good or Bad? Have sales gone up or down? I know the value of used cars gone up 30 percent! Is it now harder to sell your lugers for their value you bought them!

04-07-2022, 07:20 PM	#2
spangy Lifer Lifetime Forum Patron Join Date: Sep 2020 Location: Winnipeg, Canada Posts: 617 Thanks: 3,065 Thanked 1,057 Times in 429 Posts	I don't sell my Luger's I'd rather cut my best friends arm off. __________________ Whoever said that "money can't buy you happiness" never bought a Luger. WTB - Take Down Lever & Trigger Plate (#90) for an Imperial Artillery.

04-08-2022, 11:59 AM	#8
spacecoast User Join Date: Dec 2013 Location: FL and PA Posts: 332 Thanks: 276 Thanked 243 Times in 109 Posts	I think the question is whether or not the price of Lugers tracks the rate of inflation, beats it or lags behind. The answer obviously depends on the situation, and I would assert that the price is much more dependent on supply and demand. Demand is governed by the number of collectors and their age. If inflation gets so bad that people have to sell hard assets in order to buy food, shelter or other necessities, then the price of Lugers will likely go down relative to inflation, all else being equal. Let's hope we don't get there. __________________ My avatars are the Bulgarian word for "Fire", as seen on my 1900, 1906 and 1908 Bulgarian Contract DWM Lugers. Looking for a DWM Commercial side plate #95

04-07-2022, 08:23 PM	#3
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Some are not in the same financial position~ Those who find themselves living only on Social Security or other limited fixed Retirement Monthly Income In The Face Of Daily Inflation~ Something Else Has To Be Sacrificed Unfortunately~ Tough Choices!!!

04-07-2022, 08:55 PM	#4
gunbugs Lifetime Forum Patron Join Date: Sep 2013 Location: Fairbanks, Alaska. Home of the best moose. Posts: 659 Thanks: 365 Thanked 1,178 Times in 394 Posts	Inflation does not affect the "value" of your Lugers. Inflation affects the value of the Dollar. It takes more worthless dollars to buy the same object. The object does not change. The dollar's desirability changes.

04-07-2022, 09:05 PM	#5
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Well Said, but maybe there more lugers on the market due their financial situation as our dollar is worth less and buying anything costs more!

04-07-2022, 10:23 PM	#6
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Tom Whiteman OF LEGACY just told me that prices are DEFINETLY GOING UP! AND THE PROBLEM IS FINDING GOOD LUGERS TO SELL! YA! https://www.legacy-collectibles.com/hand-guns/lugers

04-07-2022, 11:20 PM	#7
gunbugs Lifetime Forum Patron Join Date: Sep 2013 Location: Fairbanks, Alaska. Home of the best moose. Posts: 659 Thanks: 365 Thanked 1,178 Times in 394 Posts	Again. The "price" is going "up", because the dollar is going DOWN. Lugers are costing more dollars because the dollar is worth-less, not because the Luger is worth more. The Federal Reserve (Which, by the way is run by banks, not the government) pours more dollars into the market,(quantitative easing, they call it) which floods the market with dollars, making them worth less. Therefore, it takes more dollars to buy the same item,(a Luger). It seems folks have hard time wrapping their heads around the concept of a worthless dollar.

04-08-2022, 06:34 PM	#10
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Seller Regrets as each has a memory and part of my life! Much like ripping up family pictures in your wallet!