Tim - That depends on who is buying. A relative newbie with relatively thin wallet would say, "Nice gun, but it is very likely I can't afford it." And think nothing more of it. A relative newbie with fat wallet might jump on a gun like that without looking closely because he would not want it to get away from him. This is probably what has happened in this case. Bruce offered no endorsement of the gun, he simply presented it for our observation. I'd love to own a gun like that, regardless of whether it's been worked on or not. It's beautiful, but speculation drove its price way up. The first guy to flip that gun did OK. Now that the music has stopped, so to speak, the last buyer may have a hard time getting his return of capital, much less return on capital. Still a great gun.
|