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Money Changers, already?
Unread 07-04-2011, 08:34 AM   #1
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Default Money Changers, already?

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Originally Posted by Paul Ehlers View Post
Very well said !!
- No doubt related to the same ones our Lord drove outta da temple back in His era=-- Just because a wealthy gentleman who made his money in an honest fashion ordered a scarce "midget" gauge BHE Japanese copy of a Old Reliable, and then later died- I've seen the same thing in the high-end bamboo rod "schlepers"-- When Gary Howells died some years ago, the price of his sweet cane rods went up- I bought a 7 & 1/2' 2/2 3 & 3/4 oz. Howells from a private party in 1986- MINT almost unfished, original bag, tube and tag for $450 (when I was picking up very good 3 pc. 8 ft/ W&M Grangers for half that price- It's not for sale, but I have seen them listed on dealer's catalogues for 3K and up--

A reasonable mark-up, yes- And I buy guns to shoot, not to rest in the Browning Steel Tomb with the Sergeant & Greenleaf combo lock- if I wanted a "midget" gauge gun, and a double, I'd make brother Dean Roming and offer on his Minty IJ Skeeter- and save the difference in cash outlay against this auctioned Repro for a nice dove and quail hunt with it--
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Unread 01-09-2012, 04:07 AM   #2
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Quote:
Originally Posted by Paul Ehlers View Post
Bill,

I totally agree with you about Bob Peterson. He was a one of a kind collector and gentleman. He also had the financial where with all to purchase the best & most special of everything. This BHE .410 repro being one of them. It's quite possibly the nicest and one of the rarest of the Parker repro's.

The point that I was trying to make was that Bob is very well known to us now, but how many will truly remember him a generation from now?

As far as the gun goes:
We all know what it sold for at auction just a few weeks ago and now it's the seller that is making a big deal out of it being ordered by Bob Peterson for his collection. When I read the ad I took it that the seller thinks the gun is worth over double what he paid for it because of the provenance. IMO the seller is just fishing hoping to find the right buyer that doesn't know or care that the gun was just hammered at auction for less than half of the asking price.

What is an acceptable profit margin and where does the line get drawn for being ripped off? Only each of as indivduals can answer that question for themselves. If someone buy's this gun at the asking price and is good with it so am I & I wish them the best.

One thing for sure though is the internet has changed the game considerably. A few years ago we wouldn't have know instantly the auction sale price or would we be having this discussion about it.

I just wish one of the members here would have won the auction and been able to put the gun in his collection. Then we would have been congratulating him for winning it, rather than talking about someone trying to hit a home run profit wise.
i understand how you must feel but i knew & hunted with bob over the years in africa & here & have quite a few of his guns, i am not a dlr. but a hunter & collector & yes i sold 410 for for asking price but it is amazing i do not know for sure but i believe it has sold again for a 3500 dollar profit? i have lost on some of my guns & others done well but i do not mind someone making any amount of profit as we all have paid too much for something in this hobby? but you are totally correct in your assesement of bob petersen he was a true gentleman & marge his wife was a great lady also!
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Unread 07-03-2011, 11:02 AM   #3
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I believe that as long as the seller is not misrepresenting the guns he should ask for them what he thinks he can get for them. If he makes a mistake at an auction and pays too much for a gun he will probably be the one to take the financial whipping. If he makes a good deal at an auction I don't see that it obligates him to sell at less than he can get for the gun.

I have owned a small business for twenty nine years and have fielded many questions from individuals about prices being high. When it came time to make Friday payroll or pay the note at the bank I noticed I was always alone and on my own. The selling price is independent of what the product cost the seller in my opinion.

Best,

Mike
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Unread 07-03-2011, 12:50 PM   #4
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Mike,
You hit the nail on the head, I can't disagree with you. In my thick Polish head, I think it's more important that these guns find good homes where they can be enjoyed instead for bought and sold for profit.
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Unread 07-04-2011, 03:58 PM   #5
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I think AmarilloMike nailed it.
Didn't the new buyer purchase the RIGHT to ask whatever price he sees fit for his new gun?

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Originally Posted by Chris Travinski View Post
Mike,
In my thick Polish head, I think it's more important that these guns find good homes where they can be enjoyed instead for bought and sold for profit.
Sorry Chris but I think your statement is a little sophmoric. Who's to say that this little beauty isn't in a good home now being enjoyed regardless of the new buyers intentions for his new gun. Perhaps the government should step in and determine the future of this gun instead of the free market. Maybe our current administration could develope a Parker Reproduction redistribution program.
Personally, I prefer capitalism and free market economics.
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Unread 01-09-2012, 04:15 AM   #6
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Quote:
Originally Posted by Mike Shepherd View Post
I believe that as long as the seller is not misrepresenting the guns he should ask for them what he thinks he can get for them. If he makes a mistake at an auction and pays too much for a gun he will probably be the one to take the financial whipping. If he makes a good deal at an auction I don't see that it obligates him to sell at less than he can get for the gun.

I have owned a small business for twenty nine years and have fielded many questions from individuals about prices being high. When it came time to make Friday payroll or pay the note at the bank I noticed I was always alone and on my own. The selling price is independent of what the product cost the seller in my opinion.

Best,

Mike
MIKE: thank you ! i sincerely apprciate hearing someone explain it as i have always felt? i like you worked hard all my life & was lucky enough to know & workfor bob petersen for quite afew yrs. before i started my own comp. & being successful has had it,s advantages when it comes to my favorite hobby in the world hunting & collecting!the lil BHE 410 went to a great home for what i was aking & then just a few days ago went to a better home? thanks, billie
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Unread 07-03-2011, 06:50 PM   #7
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Mike, Don't forget the tax collector.
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Unread 07-03-2011, 07:06 PM   #8
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Unread 10-04-2011, 01:16 PM   #9
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The seller apparently got frustrated by the gun not selling at his $26,000 asking price, so now he's bumped it to $29,000.00. That ought to do it.
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yeag, he must have read the "P.T. Barnum/bernie Baruch" book
Unread 10-04-2011, 03:04 PM   #10
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Default yeag, he must have read the "P.T. Barnum/bernie Baruch" book

Quote:
Originally Posted by Greg Baehman View Post
The seller apparently got frustrated by the gun not selling at his $26,000 asking price, so now he's bumped it to $29,000.00. That ought to do it.
$30K for a SUB-MIDGET GAUGE- THAT I COULD WRAP MY HANDS AROUND THE FOREARM AND NEVER SEE STEEL- shoot, that kinda money would send some Kennedy to earn his "Gentleman's C" at Harvard or Yale for 1/2 a term-- dunno what we need more of today- overpriced crippling sub bores (Nash Buckingham hated the .410, loved the 12- Yeah Nash) or over educated Ivy league numbskulls in our Government- Mama Mia:crying :
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