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Article: Supply, demand, the law and prices: how legislation drives gun values. (used firearms) (column)
- Article from:
- Shooting Industry
- Article date:
- December 1, 1989
- Author:
CopyrightCOPYRIGHT 1989 Publishers' Development Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Supply, Demand, the Law and Prices How Legislation Drives Gun Values
It is important to never forget that the selling value of guns is completely a function of supply and demand. Most of the time with new guns that are in production, the supply fills the demand and prices are stable. Once in a while something will happen that will effect either the supply or the demand and the price will go up. A good example occurred when the Dirty Harry movies created a large demand for S&W M29 .44 magnums. The demand greatly exceeded the supply and they often sold for higher prices fifteen years ago than they do today. An example of what happens when the supply is cut off ...
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