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Unread 09-07-2021, 11:45 AM   #1
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Kim I. Manning
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I have sent for the letter. Steve, as most know, died last year, and his step-son is running the business. Steve was never accused of pricing things too low, and most of the stuff is on consignment.

If I make an offer, although too low in the opinion of the dealer, he has a duty to pass that offer on to his consignor. I have dealt with George Caswell for years, primarily as a seller, and he always passes on offers for me to accept or reject.

I have often wondered about the psychology of people holding out for their price while the stock market goes through the roof. I have sold many expensive guns over the years, and made up most losses by investing the money in the market. To wait years for a certain price while the market rises around you is something I've never understood.
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Unread 09-07-2021, 12:19 PM   #2
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Quote:
Originally Posted by Kim I. Manning View Post

I have often wondered about the psychology of people holding out for their price while the stock market goes through the roof. I have sold many expensive guns over the years, and made up most losses by investing the money in the market. To wait years for a certain price while the market rises around you is something I've never understood.
That is a very interesting observation, and frankly, something I had never considered.
From a pure financial position, it makes a lot of sense.
That said, when it comes to gun collecting, (especially re: Parkers) I think, a lot of sense goes out the window.
Don't ask me how I know
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