Went to the LGS....

[Grendel Guy]

to pickup that gun I wanted (posted in the semi auto forum). While waiting I looked over the consignment rack. $600 for a mosin nagants, there were two and they looked like beaters. I can remember when they were in 55 gal drums under $90 each.

[jarhead714]

When they were $69 on sale at Big 5 they were overpriced.

[The Gleam]

And soon you'll start seeing people only handling them with white cotton gloves, and storing them in camel-hair and silk weave gun socks.

---

[Dan_Eastvale]

I remember. I remember…
Wait till you no longer can remember.

[kcheung2]

to pickup that gun I wanted (posted in the semi auto forum). While waiting I looked over the consignment rack. $600 for a mosin nagants, there were two and they looked like beaters. I can remember when they were in 55 gal drums under $90 each.

So did you buy a whole barrel of them back then and sell them off over the years to fund your retirement?

[TimRB]

So did you buy a whole barrel of them back then and sell them off over the years to fund your retirement?

I never intended to make a financial "investment" when I bought a bunch of old guns back in my C&R days. However, some of those guns, nearly worthless at the time, are now bringing good money. I bought a mint 91/30 with bayonet, oiler, sling, and ammo pouches for 60 bucks. Another 60 bucks bought a thousand rounds of ammo. I guess I better make a list of guns and their values so my wife doesn't get taken when I finally drop dead.

Tim

[divingin]

I remember. I remember?
Wait till you no longer can remember.

Getting there. To the best of my recollection.

[Spyder]

I remember paying under a dollar a gallon for fuel. Has zero bearing on the value or cost of fuel today, just like your memory of lower priced rifles has zero bearing on the cost or value of those rifles today.

[Grendel Guy]

Understood Spyder. Just brought it up as an observation. I can remember when the SKSs and AKs were cheaper way back too.

[The Gleam]

I remember paying under a dollar a gallon for fuel. Has zero bearing on the value or cost of fuel today, just like your memory of lower priced rifles has zero bearing on the cost or value of those rifles today.

Not exactly comparable - willing to bet you don't still have that gallon of gas, whereas most people still have those rifles. The delta between what they paid 12 years ago vs. what the going price is now has far exceeded inflationary increase.

Additionally, where gas pricing has mostly risen solely to the inflationary rate, many guns superseded the general graduation in value from inflation alone.

In that regard, the price of gas at under a $1.00 a gallon was over 40 years ago (1980) whereas the recollection of extremely favorable pricing of Mosins by proportion of "price now vs. then" was just 10 years ago.

Their recent jump in price was incurred over just a few years time vs. the decades it took gas prices to go from $1.00 to $5.00 - and even then, that $5.00 price includes about $1.45 per gallon in Federal, State, and local tax levels that were not a part of the gas price over 40 years ago by percentage.

There certainly is a brow-raising increase in those gun prices in such a short time, that one does not need to be going gray or bald yet to say " I remember when...." which makes all the difference.

----

[BrokerB]

Im definitely selling some mosin nagants this month. Weird I bought a crate of them, with the crate back in the day. I dont think Ill keep any of them at this point. I learned about finn mosins after that an never really looked back

[alpha_romeo_XV]

In case you've missed it groceries have doubled in price during Biden's addministration.

What is 'Bidenomics'? According to the White House website Bidenomics is President Biden's economic plan that works from the middle out and the bottom up.

^^^^ did Kamala write that? middle out and bottom up. Is that a butt stuff position?

[BrokerB]

Face down As Up that the way she likes to F

pretty sure that is rap song

[Spyder]

Not exactly comparable - willing to bet you don't still have that gallon of gas, whereas most people still have those rifles. The delta between what they paid 12 years ago vs. what the going price is now has far exceeded inflationary increase.

Additionally, where gas pricing has mostly risen solely to the inflationary rate, many guns superseded the general graduation in value from inflation alone.

In that regard, the price of gas at under a $1.00 a gallon was over 40 years ago (1980) whereas the recollection of extremely favorable pricing of Mosins by proportion of "price now vs. then" was just 10 years ago.

Their recent jump in price was incurred over just a few years time vs. the decades it took gas prices to go from $1.00 to $5.00 - and even then, that $5.00 price includes about $1.45 per gallon in Federal, State, and local tax levels that were not a part of the gas price over 40 years ago by percentage.

There certainly is a brow-raising increase in those gun prices in such a short time, that one does not need to be going gray or bald yet to say " I remember when...." which makes all the difference.

----

Insert fuel for...ANYthing. New trucks starting at 50k that were 16k in 2000. Lumber. Kerosene. Shoes. Hand tools. Anything. :eyeroll:

[The Gleam]

Insert fuel for...ANYthing. New trucks starting at 50k that were 16k in 2000. Lumber. Kerosene. Shoes. Hand tools. Anything. :eyeroll:

Does not apply.

Those are all purely higher in price as subject to inflationary increase. It's measured, so no, nobody is surprised about the price increase on those items.

As for NEW cars and trucks, their pricing only surpasses comparison to inflation because they now have so much more computers, technology, wiring, more costly materials, emissions components and stricter compliance additions, and complex accessories/safeties than in year 2000.

A more reasonable comparison would be to compare the price of an average truck from year 2000, in low mileage (say 30,000 miles or less)/good condition, to what someone is asking for it now. Remove reduction for depreciation, and it's likely the asking price for that $16,000 truck is only about $24,000 to $28,000 now. That is in line with merely inflationary increase, and nobody would be surprised.

But the rifles in discussion have not changed, and their price increase rate has far exceeded the rate of inflation since year 2000.

---