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Mosin prices
craigroop
Member Posts: 317 ✭✭✭
Is the current price level average about right for these rifles?
Comments
Is the current price level average about right for these rifles?
Are fully half of adults below average intelligence? [;)]
Yes, the "current price level" is (by definition) 'about right', since its what actual buyers are willing to pay.
If the question is, is a Mosin rifle really "worth" $175 (or whatever they're going for now), my answer is. . .it depends on the condition of the gun in question, but assuming the gun is in serviceable condition with at least an OK bore (many don't have that), then I'd say so.
First of all, even though literally millions of these have been manufactured, and are out there, prices on them are still only going up. I've been told that surplus stocks of these really are starting to dry up now, meaning prices probably aren't going DOWN in the future.
In terms of intrinsic value, where else are you going to buy a working, durable, military grade, wood and steel bolt action rifle in a 30-06 power caliber, with cheap and readily available surplus ammo ,for under $200?
Guns themselves are pretty rough (after all, Mosin-Nagant is a 19th century design), but Mosins are basically the last of the WWII era surplus rifles with affordable surplus ammo, and I think that's worth something.
quote:EDIT: Nunn: The one hanging on my mantle is one of a lot that I bought years ago from a now-defunct distributor. I believe the price was $100 for three rifles, shipped.
I don't go back quite that far, but I remember when you could buy unissued (ie utterly brand new) ones for under $50. Needless to say, those days are gone.
This ad is from the 1950s:
But this one is under 10 years old:
I think I paid $99 for mine about 5 years ago, and even then they could sometimes be had for less than that. Now the same 91/30 guns are around $180. That's pretty good appreciation in only 5 years, I think. (IE if my retirement portfolio has appreciated that much, I'd be pretty happy!).
The M44 carbines have appreciated even more.
If the question is, "are these going to go DOWN in price", I think the answer is "no". If the question is, "are you going to regret spending $200 for one of these", so long as you buy a "shooter", same answer, I think.
Edit: quote:I paid $59 on sale for Mosins and Turk Mausers at Dunhams about 15 years ago. What other things have gone up 150%?
A whole bunch of things.SKS rifles that cost $100 each 10 years ago now fetch $300. So that's 300% in a lot less than 15 years.
What other things have gone up 150%?
A whole bunch of things.
Eventually, the price goes up. In some instances, substantially. But, as a whole not that much until the source dries up.
Point being you have to watch out for the false sense of the item running out and the ensuing panic to buy, that many firearms go through. Over time, the market will settle itself. If you want one because it is unique, then get it so you will have it. If you are looking to invest, buying a quality item at rock bottom prices is never a bad way to go.