Where do the prices come from?
I just found this ad on an Australian used gun site;
"1985 build Holland & Holland Sesquicentennial Royal model, double rifle in 458 Win Mag. Left hand cheek piece, straight stock, shoot from either shoulder perfectly. Excellent condition".
The asking price is AUD 75000.- (USD 77550.-)! Calling the shop in disbelief, I asked if that was a typo. They said it wasn't, and that the replacement value today would be AUD 250000!!! How does anyone justify asking the price of a good four bedroom house for a rifle? Don't get me wrong, the rifle is a beauty, fine wood, lovely engraving etc, but it still at heart is just a shooting iron. Does the buffalo really care whether he succumbs to a $250000 H&H Royal or my $1700 CZ 550? And are they employing 200 of Santa's elves to handcraft every tiny screw? Or is it just a case of "We ask what we can get for it", rather than what it is worth? I just can not get my head around it. The number of safaris I could go on if I had that sort of money ...