.410

[Bill Anderson]

Originally Posted by Kenny Graft

No ...floor bidder got it for 11K plus fee's 1700.00 = 12700.00 approx. A very good buy....

Looks like everyone will get another crack at the "bargain gun".

http://www.gunsinternational.com/det...m?id=100189507

Bill

[GH-16]

Nothing like being modest about the asking price. I don't mind a man making a profit for his investment. But in this case it simply takes my breath away.

I felt the gun went fairly cheap at the auction, but in no way do I think it's worth the current asking price.

The provenance of Bob Peterson is one thing to all of us at this time. Give it another generation into the future and they will be asking "Bob Who"

[Chris T.]

I understand buying/selling/collecting, but it seems to me this happens all too often. It's hard for people who want to buy a gun to keep and use when there are so many people buying them up to make a profit. How many times does a gun sell +$500-1000? before it ends up in someone's safe for good. I can't tell you how many times I've missed out at an auction and found the gun forsale for two grand higher than it sold a week later. I know it's a business, if you don't have money you shouldn't play, blah blah, it's frustrating. My two cents, don't mean to hurt any feelings.

Chris

[Bill Murphy]

Paul, Petersen provenance is less important than the fact that Petersen's guns are the cream of the crop in some cases. Visit the NFM and you will wonder how he accumulated his guns. It seems like one man couldn't possibly do it. I have not seen the Petersen Automotive Museum, but it is probably the same "cream of the crop" type of collection.

[billie bryant]

Originally Posted by Bill Murphy

Paul, Petersen provenance is less important than the fact that Petersen's guns are the cream of the crop in some cases. Visit the NFM and you will wonder how he accumulated his guns. It seems like one man couldn't possibly do it. I have not seen the Petersen Automotive Museum, but it is probably the same "cream of the crop" type of collection.

bill you hit the nail on the head! bob after about 3 yrs. collecting guns went to a different level as he decided if it was not perfect, rare & had provenance he would pass? his machine gun collection was best in world & he was a tue gentleman when he passed, as 85% of collection went to NRA & winchester museum & rest went to auctions?

Originally Posted by Chris Travinski

I understand buying/selling/collecting, but it seems to me this happens all too often. It's hard for people who want to buy a gun to keep and use when there are so many people buying them up to make a profit. How many times does a gun sell +$500-1000? before it ends up in someone's safe for good. I can't tell you how many times I've missed out at an auction and found the gun forsale for two grand higher than it sold a week later. I know it's a business, if you don't have money you shouldn't play, blah blah, it's frustrating. My two cents, don't mean to hurt any feelings.

Chris

On my paternal side, our surname was Murinski- my grandparents migrated over in 1911- from NW Poland (near the German border) small mining town named "Lucky"- go figure dat, eh?) I agree-, these auction houses- and other non shooting dealers who set prices sky high, and based on a "wing and a prayer"- I could care less if the late Robert Petersen almost owned this Japanese-made copy of a BHE, ditto if anyone else well known in the gun circles did- saw the same thing with bamboo fly rods- wait until a fire takes out Leonard in Central Valley, or Jimmy payne or H.S. Gillum get the "dirt nap" and see how the dealers mark up their rods they already had for sale- just due to that. The free market system is the fairest known, but I agree with you- and like the late Ernest hemingway- I also believe, as did my Dad and Granddad (on my Irish side) that guns were there for us to shoot and use and care for- you can betcha u duppa on dat!!

[GH-16]

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.

[Bill Murphy]

I agree with everything you say and the collector who keeps his nose to the ground is in the best position to keep up with the moneychangers.

[Wild Skies]

It's the same buyer/seller of this .410 that has the Duck Stamp Special for sale at a cool $60G. If he should eventually get his asking prices for these two guns you're looking at $86,000.00! Contemplate that for a moment . . . who'da thunk it for a couple of Repros?

[GH-16]

Originally Posted by Bill Murphy

The collector who keeps his nose to the ground is in the best position to keep up with the moneychangers.

Very well said !!