Lots of easy money in a bull economy for the last few years has manifested as unpredictably high prices on collector assets like cars, guns, fine art, and more.
It depends upon where you're looking, and how 'high' you're looking.
The 'Average Joe' classic car market took a nosedive with the recession, and hasn't done much to recover. The GM products, in particular, are stagnant: Novas, Chevelles, El Caminos, and the less-loved Buicks and Oldsmobiles are down in value or just barely holding steady.
If you jump to more desirable models (like Nomads or Carry-All panel trucks), and especially 'museum quality' or award winning cars, then the sky is the limit.
An 'Average Joe' '70 Nova SS with some upgrades, matching numbers, some miles on a rebuilt drive train, a straight body, complete interior, and decent paint might go for $13-18k. But jump to a 'museum-quality' resto-mod L78 Nova (SS 396), and you're looking at $65-80k just to kick the tires.
But back that pre-war Renault, White, or Curtiss out of the garage, and people start throwing money at you like it's a ticker tape parade.
It's the same thing in the gun world. Some things are in. Some things are not.
For example: I have an excellent condition, early 1936 Remington 241 that is a 'pre-Speedmaster' version, and has an out of sequence serial number.
All good stuff, that collectors like.
Eight years ago, similar examples were selling for $650 to $900+.
Mine has been up for sale, on and off, officially and unofficially, for about five years.
The absolute
best offer I have gotten was $300. ...And that was from the previous owner, whom was experiencing some seller's remorse (but, apparently, not enough to match the value of what I gave him for it in trade
).
If it was a .22 Short-only, or Routledge version, it would sell in a heartbeat. ...For $1,200 ... $1,800 ... who knows where the bidding war would stop.
But as a .22 LR, the market has been saturated. The collectors that want them already have them. And the rest of the rifles are not of interest to modern shooters.
"Why would I buy that old thing, when I can get a new 10/22 and throw $2,000 worth of parts at it to replace the plastic!?"...