Honestly, I think it’s fudd boomers and first time buyers that are keeping prices high.
I don’t know a single gen x’er or millennial who’s willing to pay these prices right now. At least on rifles. Ammo is a little different. And I guess some of the Gucci crap that millennials love will go for high prices.
My parents (early ‘50s boomers) have a few older friends that have recently tried to liquidate their collections. I’m talking hundreds of guns in these collections. But it’s all junk and they think it’s gold. This one couple in particular had something like 400+ firearms they were trying to sell, so my Dad and I went over to see what they had to offer. It was mostly crap fudd ARs (zombie theme junk) those Remington/Mossberg pump shock wave guns, and a bunch of Tarus/kel tec/off brand pistols. The funny part is the guy was not negotiating on price and was asking over street price for stuff. I googled a few while I was there to prove to him I could get them cheaper and his response was “but you’ll pay taxes on those and be on a government list”. Then he told my Dad if he wanted to remain friends I needed to leave, which we did.
My point, a lot of Fudds are just out of touch with reality and current market conditions.
They ended up selling just about everything though, mostly to other retirees in the area they live.
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