I look at Gunbroker auctions quite a bit (real bored at work) and, like everyone else, have noticed some bizarre prices for Colt snake guns lately. For example, $41, 000 for a Combat Python a couple of months ago, almost $15, 000 for another Combat Python in an auction that is about to end, and I personally know someone that just recently sold a 2 1/2" Python for over $5,200. I sold a nickel Cobra in the box with 25 rounds through it less than three years ago for $465 (what I paid for it) and it took forever to get it sold, but there is one on Gunbroker about to sell for more than a grand.
I know that demand drives prices, but does anyone think the bubble will burst like the bubble with so many other collectible items or do you believe that prices will continue to rise?
If Smith & Wesson prices ever took off like this I'm pretty sure I would sell the few that I have since I have no real sentimental attachment to any of them.
I know that demand drives prices, but does anyone think the bubble will burst like the bubble with so many other collectible items or do you believe that prices will continue to rise?
If Smith & Wesson prices ever took off like this I'm pretty sure I would sell the few that I have since I have no real sentimental attachment to any of them.