Price Guides last updated: 3Q21
Where do the prices come from?
Price data comes from many different sources and is a combination of both asking and selling price from Internet boards, many dealer web sites and table displays from gun shows throughout the country. Selling prices are actual sales from web auction sites, nationwide live auctions and sales from individuals and machine gun dealers. Many dealers provide sale prices, knowing it's easier to sell to informed buyers.
The debate over asking/selling price is legendary and goes on and on . The usefulness of these charts is they show an average within a high/low range of values and the historical trends in value. As the number of samples increases, the average becomes more useful, so popular models like MACS, Uzis, M16s are well represented in value while a M240B may not be. Next is the condition/price debate and that also is built into the high/low window around the average. But to be more than a little blunt, minor condition variations on a $500 hunk of steel selling for $10,000 may be less significant than on a $250 handgun. We wouldn’t be the first to say that you’re buying the paper (NFRTR registration) and the gun comes with it. C&R guns can be priced differently because historic originality and condition can be very important, but even that usually represents the last 20-25% of price. For some self-proclaimed experts this debate rages ad nauseum and these results will never satisfy their myopic pea-brains.
Finally, there are some sellers that excessively overprice and their items appear month-to-month until either the market catches up to them or they lower their price. This ragged economy makes dealing somewhat possible, so being persistent by holding to your purchase price could land a good deal. But there are only about 600-700 automatic weapons available for sale in the US at any given time, so significant price dealing is difficult. Recent activity has returned us to the old days when an item’s asking price increases month-to-month when it doesn’t sell. A classic supply constrained market.
Our favorite example of price logic appeared on an Internet board this century. When a poster asked what was the best price to ask for a M11 in 9mm, someone replied, “$2,500 will get it sold now, $3,000 might get it sold sometime and $3,500 will let everyone know you own it.” In 2020 that would have to be updated to $7,500, $8,000 and $8,500. YMMV
Price Guides last updated 3Q21