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Re: Chicago Police Trapdoor and Peking Krag
Posted by John on Wednesday, 19 April 2017, at 10:13 p.m., in response to Re: Chicago Police Trapdoor and Peking Krag, posted by Fred on Wednesday, 19 April 2017, at 5:39 p.m.
RE: "...the market for Krag's and Trapdoors has slacked off and hasn't recovered yet. It will though with time and the rising stock market."
Prices for an item reflect supply and demand. It appears that the demand for many types of antique firearms is slowly declining. This is probably a result of the demise of older collectors, and their collections hitting the markets, increasing supply. There simply are not enough new collectors entering the hobby to absorb the material on the market. This will likely accelerate as the average collector age continues to rise.
A decade ago, there were a half dozen good firearms auctions in a year. Now there are that many a month, not to mention the continuous offerings on line at GunBroker and the like. There are ample opportunities for supply and demand to seek the current level, but with a downward trend in values on many collector arms.
Collect anything you like, but for the pleasure it gives you to own a piece of history, not with the expectation that value will always continue to increase.
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