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What is it with all the super inflated prices on gunbroker's internet auction site these days?

I am not just talking about the artificially inflated prices of collectible or rare firearms (which seems to be a common thing now) but I am talking about the high prices on every day firearms. I just bought a brand new S&W 629 Performance Center revolver from a retailer for $830 shipped but the cheapest ones listed on gunbroker are all $990 and up for used and new ones. Many are even priced at full MSRP and then they want shipping on top of the purchase price and FFL fees.

If you look at closed auctions you get pages and pages of high priced auctions that close without a single bid. When I do a search it looks like only one out of every few dozen listings ever even get a bid...and those are the rare guns that are reasonably priced. What is the point of paying to list an item at a price it will never sell for under any circumstances?

Are people really so out of touch with pricing? Do they not realize that shipping and FFL fees make their pricing even more ridiculous? And what is with the people that think just because a gun stopped being produced a year ago that it is now worth twice it's original MSRP?
 
My theory is that since a lot of people use GB as a blue book of sorts, the retailers simply list items at outrageous prices to skew the mindset.

Perhaps some people are too dumb to use the "Completed Auctions" list to spot actual selling prices.
 
My theory is that since a lot of people use GB as a blue book of sorts, the retailers simply list items at outrageous prices to skew the mindset.

Perhaps some people are too dumb to use the "Completed Auctions" list to spot actual selling prices.

I will admit that I do use gunbroker as my bluebook...but I only use items that actually sold as a reference. It also can't be an isolated sales incident.

I noticed once that a certain item was selling for an extremely high price and then I noticed they were all listed by similarly located sellers and all bought by the same buyer. Then a week later all the guns were listed again.
 
What is the point of paying to list an item at a price it will never sell for under any circumstances?

GB does not charge a fee unless it sells. It is a lot of free advertising.

New XXX gun MSRP $800, Guy lists it for free at $900. People email him to inquire about a "better price", Guy sells new gun to buyer for $750 and pays no fees.................
 
take a look on this site....

I keep asking myself that question everyday. I see so many that are over retail on here it's crazy. Wait untell all the Saiga's get shipped and flood the market and all the people that paid five hundred over try to sell.

But if someone buys an overpriced gun thats their right but I just keep flipping................
 
Asking prices and selling prices are often miles apart on Gunbroker. You have to look at "completed auctions" to get a idea of what guns are selling for. Most start with a high asking price and then lower the price every re-list until it sells. There are some guns that have been listed for over a year, they are over priced and I guess the seller is waiting for the one person that just must have that gun.
 
I do not know how it works with Gun Broker but it seems there must be an autoloader that reloads items that have not sold after "X" days.
If you look at it closely - You will see that the same guns did not sale over and over again. New auctions starting a day after the last one ends.
So if there is no financial reason ( ie: Posting fee like Ebay) they just keep posting and hoping - no incentive to re-evaluate their postings
 
Retailers manipulate GB on a daily basis. They list something with no reserve and when they don't like the price they log in on another account and over bid on it
 
If the progressive socialist in this country keep running up the debt the value of your dollar is going to fall. Todays high prices will seem like a great deal before the progressives are done.

jj
 
If the progressive socialist in this country keep running up the debt the value of your dollar is going to fall. Todays high prices will seem like a great deal before the progressives are done.
jj

Not sure what the heck that sans facts diatribe has to do with the subject, but I agree with the previous posters -- retailers are gaming the GB system.
 
It wouldn't surprise me that some shops have borrowed against their inventory. Listing the items for sale at a price may justify their valuation and their credit line.

I do believe the power listers automatically relist items that don't sell.
 
I am not just talking about the artificially inflated prices of collectible or rare firearms (which seems to be a common thing now) but I am talking about the high prices on every day firearms. I just bought a brand new S&W 629 Performance Center revolver from a retailer for $830 shipped but the cheapest ones listed on gunbroker are all $990 and up for used and new ones. Many are even priced at full MSRP and then they want shipping on top of the purchase price and FFL fees.
Have you seen some priceing on Ebay???? same story. I have found same product here in town for same price or lil more an 1) i get it today 2) no shipping 3) easy return policy.
My theory is that since a lot of people use GB as a blue book of sorts, the retailers simply list items at outrageous prices to skew the mindset.
Yes some of us do
Perhaps some people are too dumb to use the "Completed Auctions" list to spot actual selling prices.
Or some didn't know of that option???? (guilty as charged)
 
Not sure what the heck that sans facts diatribe has to do with the subject, but I agree with the previous posters -- retailers are gaming the GB system.

The OP stated he bought a new 629 for $990 out of a store. Why is a gun that sold for $500 just a few years ago now $990? Why is gold $1500 when it was $300 just a few years ago? Point is what you are seeing in prices is all politics, everything is tied to politics like it or not.

jj
 
The OP stated he bought a new 629 for $990 out of a store. Why is a gun that sold for $500 just a few years ago now $990? Why is gold $1500 when it was $300 just a few years ago? Point is what you are seeing in prices is all politics, everything is tied to politics like it or not.

jj

Gold is a very poor benchmark for inflation or deflation. Gold is now a highly manipulated commodity that is controlled by marketing and not actual economics.
 
Hey guy, look around you. The price of everything has gone up and it's all due to politics, not supply and demand. Oil is short because the political decision was made not to drill in America. Food prices are hisgh because of the price of oil. The price of most everything has risen in a time of depression, how can that be? Politics
 
???

Inflation rate for 2010: 1.6%
Inflation rate for 2009: -0.4%

Consumer Price Index Data from 1913 to 2011 - US Inflation Calculator

Global pricing of oil currently has more to do with unrest in Egypt & Libya than with anything else. Rising demand for oil in countries like China is a big determining factor. Full opening of ANWR could lead to a drop of .5% to 1% in the price for a period of time ( <broken link removed> ), assuming OPEC didn't adjust output to counteract the effect.

However. My vast, vast preference is to keep these discussions focused on the matters at hand: in this case, gun prices on GunBroker. We all have political leanings & viewpoints and we could ALL share them if we wanted, but then this board would turn into something else entirely. So, we could go back & forth, or just agree to disagree on talk about guns. Sound fair?
 
Hey guy, look around you. The price of everything has gone up and it's all due to politics, not supply and demand. Oil is short because the political decision was made not to drill in America. Food prices are hisgh because of the price of oil. The price of most everything has risen in a time of depression, how can that be? Politics

FYI, there is no oil shortage...and drilling in America would have little to no effect on supply anyway. Oil is up because big corporations that make the money off the oil decided to circle ships instead of bring them in for refining. Then it turns out there was no real shortage anyway because when the audits started the companies now miraculously had surpluses.
 

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