Posted by Dick Miller on October 16, 2008, 4:46 pm, in reply to "We Don't Do Prices"
Todd, Here's my methodology----- If I see a gun that interests me the first thing I do is look in the Blue Book to set a benchmark, taking into consideration my estimate of condition and options. I then go to the big auction site and do a search under "completed auctions" to try to find a comparable gun that sold. In doing so, I have arrived at a realistic current value. Then, I consult John Houchin's book to determine production numbers by gauge in order to assess rarity and decide on a price I'm willing to pay. What I DON"T do is be influenced by the mega dealers prices--- they generally price their wares with "wiggle room" and the possiblity of having to accept a trade, and, of course, to pay their overhead. Rare and unique guns beckon to me, but I'm not willing to pay a huge premium for something that few others find rare and unique.