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Last set of grips and mag 1200.00 😆
Although the grips are spectacular
"Black Widow" bubble...?
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Although the grips are spectacular
I just keep wondering what if anything will slow down, stop, or reverse this price rise. I keep thinking one thing is that higher prices might bring out supply a la economics 101 but perhaps we just haven't found that level yet.
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I'm sure we are seeing some of that happen. In an unconstrained model, as prices increase, more and more supply would become available until demand was satisfied and prices would stabilize. That, of course, is not the case with 41/42 Lugers - the supply is constrained by what was made 80 years ago, what survived, and what is on the market. Supply is low and demand is high. In that scenario, prices will continue to rise. Many collectors view such a purchase as a hedge against inflation. It may cool off, but I doubt we'll see a pull back, short of a major macroeconomic impact.
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Like_ ------- What is a "major macroeconomic impact" ? Could the likely be an impact from a North Korean nuclear rocket ??
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Recession or depression.
Almost every major housing indicator is collapsing at virtually record speed. That might do it for a variety of reasons one of which is the leveraged buy to rent model that has been so prevalent the last few years.
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Looking at a lot of the data and historical trends, the economy in general seems to be headed towards something between the Great Recession and Great Depression. The basis of the modern world economy is still somehow surviving on the Bretton Woods agreements, despite the world’s hegemonic currency being a fiat currency for 50 years…it’s a rough outlook.
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The challenge in trying to "crystal ball" the economy is that we have experienced truly unique and significant world events the past 2 1/2 years. Coupled with the impact on the U.S. economy and its attributes (housing, unemployment, debt, real wages, equity markets, bonds, consumer confidence, market volatility, etc.) there is just simply no parallel in our history that we can point to for an outlook. In whatever way you look at it, it's hard not to come away pessimistic. It feels like something is going to really break.
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It has been my feeling for at least 4 or 5 years that our nation and the whole world for that matter is rapidly approaching a major crash of some sort. That crash will of course include currency (of each and every color) but more than that it will include food, water and medicine. The crash is totally un-avoidable and no place on earth will be exempt from it. Paper currency could become completely worthless. My wife and I decided 40 years ago to buy up as much pre '64 "junk silver" (dimes, quarters, half dollars & silver dollars) as we could afford and stash them away. Keep in mind if you plan to buy some needed materials with the silver, use only the smallest change you have available because you won't get change back. Twenty two (.22) ammo I'm sure will be a wonderful medium of exchange, much better than centerfire ammo. So if you have similar thoughts as I have about the direction the world is headed pick up as much junk silver and as much .22 LR ammo as you are able.
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Touché, the Luger market or Collectibles in general is really hot right now. I think that’s a good thing for everybody. Definitely not the best time to buy , but if you have stuff you want to sell it’s a great environment. Especially for collectors that are deciding to get out of the hobby. Guys had bought stuff 20 or 30 years ago can really make a few bucks now for their retirement
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english / Jason ------- Keep on thinking POSITIVE. Almost 45 years ago I was thinking positive. That convinced me to look for a buy the 160 acre hide-away in the mountians of Montana I call home today. I wish our country could go back to the more pleasant times we lived in back in the 50's & 60's but that will never happen. So I have attempted to recreate a small piece of those times again out here away from the mad house I see developing around the world today. Here I'm still able to think POSITIVE for a little longer, at least during the remaining years I have left on this earth.
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Vlim ------ You sure are right. I just can't imagine how a little bit of cheap plastic that was initially intended to cut the cost of and speed production of a weapon that wasn't used much, can result in that weapon be valued at least two times the value of the same weapon with the wooden pieces. I have two so called "black widows" and don't consider them any more valuable than the other 14 lugers in my accumulation with wood pieces. I also find it had to believe just the value of these plastic pieces by themselves could be worth $500. Cripes man that more than I paid for both of my so called "black widows" combined.
I don't think the luger prices have any linkage to the economy. They claim the ammo shortage was due to the large number of new gun owners, now who wouldn't want to own a luger? Now factor in the limited supply and you'll have no ceiling to where the prices will go.
The only thing that can cool this off is banning all firearms, and even that will just force traders underground.
My 2 cents for what it's worth.
The only thing that can cool this off is banning all firearms, and even that will just force traders underground.
My 2 cents for what it's worth.
Two very simple sentences that say it all, and Worth three exclamation marks!!!
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Vlim, It's easier to type BW......than say "byf41 with phenolic grips"
I've filed for the copyright on "Black Widow Luger©" and "Brown Recluse Luger©" 😁
I’m not but then again I bought most of my byfs when they were around 1k for minty black griped types and everyone was saying they were in an overpriced bubble just like they are right now! Nothing ever really changes except the amount of the price which also seems to track with prices and cost of everything else. The current black widow demand which seems to irritate so many serious Luger collectors into the more obscure and nuanced Lugers seems to compare well with the same recent boom in Japanese NCO swords (machine made mass produced blades and metal “hilts” that are out pricing some handmade Officer types. This is driving many Japanese blade collectors crazy but it is indicative of the nature of modern collecting where nuances, subjective evaluation and understanding are liabilities to many.
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