Author Topic: Any signs of a new run on gun purchases yet? (Read 101450 times)

Balog · « **Reply #100 on:** December 22, 2012, 11:00:25 PM »

Due to record setting demand for our products we are suspending sales until our shipping department can get caught up with current orders. We feel our obligation is to fill current orders before taking on new sales . We hope to resume ordering as soon as possible.
In the meantime, thank you for your patience.
Sincerely,
Atlantic Firearms.com

red headed stranger · « **Reply #101 on:** December 22, 2012, 11:26:24 PM »

So, I put some used mags up for auction that I haven't used in a while. Used first-gen PMAGS went for ~$45 ea. The few unused 1st-gen PMAGS I had went for ~$55 ea. LE-marked, 20-round Mini-14 mags went for ~$50 ea.

For a brief moment I felt weird being "that guy" selling them at that price, but it was the buyers that bid them up to that level. It was an unexpected $1k that I wasn't expecting to make this week.

Monkeyleg · « **Reply #102 on:** December 23, 2012, 12:31:25 AM »

Quote

It was an unexpected $1k that I wasn't expecting to make this week.

As opposed to an expected $1K that you weren't expecting to make this week?

That's a good profit. You have no reason to feel bad.

Frank Castle · « **Reply #103 on:** December 23, 2012, 01:03:55 AM »

Quote

buyers that bid them up to that level

Your fine , it was the biders .

If you set your reserve at $100 you would be that guy! Like the ahole in the Price gouging thread, 1349.99 for lower.

Boomhauer · « **Reply #104 on:** December 23, 2012, 01:23:53 AM »

I'm seriously thinking about putting my LMT rifle up for the rediculous prices ARs have been fetching.

During '08 I could have unloaded it for $5k

Monkeyleg · « **Reply #105 on:** December 23, 2012, 02:44:03 AM »

Avenger29, I've given the same thought to my BCM. I'd take the EOTech off of it, and the light and the Troy BUS, since those wouldn't fetch what I paid.

It's taking a chance, though, that there may be a ban. Or that prices don't come down much.

280plus · « **Reply #106 on:** December 23, 2012, 05:55:01 AM »

Hmmm, I got this Saiga in .308 I may or may not like that much. Frigging thing is a cannon lol

Perd Hapley · « **Reply #107 on:** December 23, 2012, 10:51:04 AM »

Quote from: lee n. field on December 22, 2012, 05:48:43 PM

That could be pre-Christmas shopping more than AWB panic.

Or both.

MillCreek · « **Reply #108 on:** December 23, 2012, 11:16:55 AM »

http://www.seattlepi.com/news/article/Gun-sales-brisk-in-south-Puget-Sound-4140898.php

Sales are brisk in western Washington.

J.J. · « **Reply #109 on:** December 23, 2012, 11:22:17 AM »

So what is y'all's take on the climate of the gun run. Meaning, my walmart has a bushmaster xm15-e2s in the Backroom with a broken magazine. $957.00 new in box. Anyone think I could safely make a few bucks on this item. I don't have the money to get my own. However If I can make some $ to pay down credit cards I am not opposed to it.

lee n. field · « **Reply #110 on:** December 23, 2012, 12:29:11 PM »

Quote from: J.J. on December 23, 2012, 11:22:17 AM

So what is y'all's take on the climate of the gun run. Meaning, my walmart has a bushmaster xm15-e2s in the Backroom with a broken magazine. $957.00 new in box. Anyone think I could safely make a few bucks on this item. I don't have the money to get my own. However If I can make some $ to pay down credit cards I am not opposed to it.

I think there'll be a buying panic until we see if any new AWB flies, crashes and burns, or dies a quiet death.

Broken magazine? Easy enough to fix or replace. Would I try to flip it? Would you be hurting if you couldn't sell, and had to pay off the CC? Exactly where are we in the panic buying cycle?

Ben · « **Reply #111 on:** December 23, 2012, 12:42:40 PM »

Quote from: J.J. on December 23, 2012, 11:22:17 AM

So what is y'all's take on the climate of the gun run. Meaning, my walmart has a bushmaster xm15-e2s in the Backroom with a broken magazine. $957.00 new in box. Anyone think I could safely make a few bucks on this item. I don't have the money to get my own. However If I can make some $ to pay down credit cards I am not opposed to it.

I generally don't like giving investment advice, but here's my take on the current situation:

If you can sell it before the DC wonks are back in session in the new year, you will likely make at least a small profit. If you wait till right after the new year, you will either make a much bigger profit than you can make now, or you will be lucky to get your money back on it.

birdman · « **Reply #112 on:** December 23, 2012, 12:47:09 PM »

Quote from: Ben on December 23, 2012, 12:42:40 PM

I generally don't like giving investment advice, but here's my take on the current situation:

If you can sell it before the DC wonks are back in session in the new year, you will likely make at least a small profit. If you wait till right after the new year, you will either make a much bigger profit than you can make now, or you will be lucky to get your money back on it.

But you will have another AR-15.

Ben · « **Reply #113 on:** December 23, 2012, 12:56:22 PM »

Quote from: birdman on December 23, 2012, 12:47:09 PM

But you will have another AR-15.

Except for he said he can't afford one. He just wanted to see if he could flip it. :)

Scout26 · « **Reply #114 on:** December 23, 2012, 01:02:22 PM »

Yeah, you can definitely flip it. Pretty much everything that was in anyone's inventory is gone, and there are still buyers out there.
Considering Bud's Gun Shop was asking (and apparently getting) $1219, I'd go for it. Buy it and put it up for sale on a auction site. Put $1000 as your reserve.

And no one will care about the borked magazine. If you can fix it, that's just more free money.

Boomhauer · « **Reply #115 on:** December 23, 2012, 01:15:23 PM »

A mag is $10 during normal times. Get that rifle!

lee n. field · « **Reply #116 on:** December 23, 2012, 06:52:58 PM »

I killed some time at another local shop today. This guy I don't visit much, because his prices tend to be high. He was down to a few bolt action rifles, and described selling "a couple pallets" of AKs and ARs. And, offered to buy my WASR off me. (No Way.)

I got the idea to, if Glock magazines have all been sucked up, to just buy Glock springs and followers and rebuild my KCI mags, since their main problem is anemic springs.

Un-uh. Midway's basically out of them too. Wolff and Glock. Unless I want parts for a 10-rounder.

Glock follower

Glock magazine spring

MechAg94 · « **Reply #117 on:** December 23, 2012, 07:51:46 PM »

I've got a PTR91 I have been thinking of selling. I've never done eBay so I hate to go that route. I already have a friend who expressed interest. I can't gouge him, but I ought to be able to get him to cover more of what I put into it than I would a couple months ago. The German scope, recoil buffer, mags, and stock parts cost money. I guess it wouldn't kill me to keep it. A reliable rifle with a small pile of magazines ain't a bad thing to have around.

I wonder if those magazines would be worth some money now or later?

Scout26 · « **Reply #118 on:** December 23, 2012, 09:42:39 PM »

You can't sell it on Evil Bay, they don't allow guns. You'll have to go to one of the gun auction sites. Like Gunbroker.com or Gunauction.com or Gunsamerica.com
I'm sure there are other/better ones, but those are the ones I think of off the top of my head.

Balog · « **Reply #119 on:** December 23, 2012, 10:23:26 PM »

And you can save the auction fees selling it on armslist.com, backpage.com, or a local site if your state has one.

AJ Dual · « **Reply #120 on:** December 23, 2012, 10:26:09 PM »

If JJ buys it, puts it on Gunbroker, sets it for no reserve, starting price $.01 and he carefully times the auction to start and end during the middle of prime-time evening hours through all time-zones of the U.S. He'll probably turn a profit. I'd say the odds were well better than 90%... however, it's not a certainty.

I'd set it to start and end on a Wednesday, around 8pm CST. Pay the extra $.50 or whatever for a picture, premium listing, bold color text. Say NO RESERVE in the description.

I've never done worse than a fair market price for everything I've sold on Gunbroker this way. Although I had to be prepared for bad luck and someone bidding $50 or something, and I'd have to honor it. Although if you look through Gunbroker, there's about 99 reserve auctions that end with no bids, for every no-reserve one that has 10 or more bids.

Monkeyleg · « **Reply #121 on:** December 23, 2012, 11:55:18 PM »

All of the research I've seen shows that the best time to list an item on an auction is 8 pm CST on Sunday evening. I guess it's the most common time for people to be able to watch an auction.

RaspberrySurprise · « **Reply #122 on:** December 24, 2012, 12:12:05 AM »

Just dont mention to anyone you bought it with the intent to resell it at a profit. ATF might take umbrage to that if you don't have an FFL

Monkeyleg · « **Reply #123 on:** December 24, 2012, 02:05:04 AM »

Never say that you bought anything to make a profit. Obama doesn't like that.

birdman · « **Reply #124 on:** December 24, 2012, 08:04:23 AM »

Quote from: Monkeyleg on December 24, 2012, 02:05:04 AM

Never say that you bought anything to make a profit. Obama doesn't like that.

Yeah, so making a profit on an EBR, double plus not good.

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Author Topic: Any signs of a new run on gun purchases yet? (Read 101450 times)