I don't want to be an alarmist, but....

[Frank Allegra]

As with Dean, I would also need to hear your definition of "fine".
In my opinion the Model 12 was one of the "finest" pump guns ever produced. Are you talking about condition or a certain type of firearm?

[Victor Wasylyna]

Originally Posted by Frank Allegra

As with Dean, I would also need to hear your definition of "fine".
In my opinion the Model 12 was one of the "finest" pump guns ever produced. Are you talking about condition or a certain type of firearm?

Frank:

Why does a pump gun appeal to you? My guess is nostalgia. Perhaps the Model 12 was the greatest (finest?) pump gun ever made. (I have no opinion on that issue.) It's still a pump gun. It's missing a barrel. It requires the user to pump his support arm rather than simply move his trigger finger to the subjacent trigger (or just pull the same trigger a second time). Nothing wrong with being nostalgic, so please take no offense to my remarks. I was just offering up my speculation as to future demand.

-Victor

[Frank Allegra]

Victor,

To me a fine gun is one that has a high degree of design, hand built quality and craftsmanship. It has nothing to do with action type. Any Parker is nostalgic. Guns with provenance command a premium. I just needed your clarification.

[Mills]

Welcome Eric! Glad to have you on board

[Eric Ross]

Thanks for the welcome.

[JLoew]

Guys- for what it's worth, I see Parker guns every single day of the week in my work with Julias. The biggest difference I see right now is at the very top of the market. Markets are lead by leading buyers - whether it's real estate, cars, guns, etc. For a while we had a steady stream of very very wealthy people that would reach quite deep to own a great Parker. We still have them but not in quite as great a quantity of NEW deep pocketed buyers as we had 7-10 years ago. If the top end of the market is a tad softer so is the rest of the market.

The Parker market is alive and well- just last week a 38 year old PGCA member sold to another 38 yr old PGCA member a great VHE at a fair price. The difference in today's market and the market of several years back is that to sell anything it has to be fairly priced/within reason. If it's in the stratosphere your leading buyers won't stretch as far today as they once did, but I feel those days can return if we continue to create interest in these guns and have folks join the PGCA. In my opinion this current market is a great buying opportunity for smart and discerning aficionados!!!

[Spin Drift]

Do any of my fellow afflicted follow the car auctions? I jsut watched the Scottsdale auction and most of the cars were from the 60's and prices have retreated about 35% since the Zero was elected. In 2009 restored number matching big block '60 era Chevelles were in 90 to 100K neighborhood. Now same cars stretch to reach 65k. Big block Corvettes were 150k now bring about 100K. Early classics from the twenties have retreated even more. Cars from the 50's are also falling. But classic Ferrari's have shot way up. Any Ferrari less tahn 30 years old is treated like a used car. I saw a low mileage 360 Cabriolet go for 75K. The announcers said it was well bought.

What does this have to do with us? Well Parker prices are about the same or a little lower over the last 5 years. Our hobby has held up a little better than other classic pass times. I foresee a steady but small slope rise in prices in the next few years as Baby boomers finally retire to other pursuits.

The Gen x are just getting into their accumulation years with the Y's behind them. I see the big jump happening with the Millennial's as they are more likely to discern and appreciate real things versus the fad toy of the minute that they have been raised on their entire lives. This sort of explains the Steam Punk genre. Real iron, wood and leather you can grasp with your hands. The future is ok and does anyone want to buy some beenie baby's?

[Kensal Rise]

Your point on classic cars - especially muscle cars - is well noted. And in my humble opinion, they will never bounce back. Why? Because later generations have NO personal and nostalgic connection to these commodities.

They don't dislike them. They simply don't have any affection or romance connected to them. Thus, they aren't going to pay Big Money for something that Dad went street racing in.

The same ethos exists with SxS double guns. Younger generations do not have a personal connection to them. If anything, it's the O/U that they are familiar with. They have to be "convinced" through some means that an SxS has values. Even then, they are unlikely to pay big money for one. Especially one made by a company thats been defunct for over a century.

On the brighter side, I'm still having fun with my own doubles. For what that's worth.

[Dean Romig]

It's all about "supply & demand" today.

The "high end" ones are in pretty short supply (outside of collections) and consequently command a much higher price.... Why? Because people (few that they are) will pay that higher price. A well-used Damascus GH 12 gauge, on the other hand, isn't and consequently, doesn't.






.

[Craig Larter]

Dean is correct in his last post. But personally I am enjoying the period of soft prices. As they say nothing solves low prices like low prices, it always balances out the supply and demand.