[QUOTE=David Dwyer;238321]Rich
condition, condition & condition. I listened to one of our top collectors who focuses on "as new" Parkers explain that the value of a 95% gun and a 98% gun was a factor of 2X.
David[/Q
Wow. I find that amazing based on that narrow a spread based on subjectivity of rating a condition. If demonstrated correctly the math suggests a $10K 95% judged gun compared to same gun, all else being equal, judged at 98% is worth $20k. In reverse that is saying a gun that might be worth $20k depreciates 50% based on a 3% variation in top end quality/condition gun.
That's just a hard one to reconcile. Know vagaries of the market place are not that specific, but still that is a massive spread. Granted that is maybe an off the cuff statement and don't doubt its veracity but there must be other factors. I know some collectors that could care less what so called market value is, they want what they want and a premium price is just an inconvenient hurdle overcome by an excess cash and want problem. There must be some other lump sum considerations as well.
|
Threaded Mode