Austin Saxet gun show cancelled?

[HankB]

Today, one vendor was agressive about trying to sell me 200 rounds of UMC .223 for $125. I didn't have the heart to tell him I had the same box that I bought at Academy on the way there for $99.

In this morning's paper (10/18/09) the Dick's sporting goods ad has a 200 round box of UMC .223 FMJ for $79.98.

Surprising, as it usually takes a sale at Dick's just to get the price down to the regular price at WalMart, Academy, etc.

As for gun shows . . . I used to go almost every month, but with inflated prices and too many tables filled with ShamWow, racid jerky, garage reloads, etc., I'm just losing interest.

I've looked for a decent Luger, but it seems that every one I've seen for sale - every one- is a rare variation commanding a premium price.

And then there are guys like the fellow with several Garands who's been a fixture at the Saxet show for years . . . he has two sets of gages for evaluating muzzle and throat erosion - one to use if he's buying a gun, another to use if he's selling a gun.

Hmmmm . . .

[joe817]

those people who have been price gouging NEEDS a reality check

It's not "price gouging", it's just mildly overpriced ammo. The reality check the guy needed was to not sell it. That's how the marketplace works. If you price something too high, it's not "gouging", it's just pricing it too high for the market to bear and it will not sell.

There are numerous reasons people will willfully pay above-market prices for things like guns and ammo and lots of other things. If they have it in stock, the standard for commodity-pricing on range ammo is Wal Mart but a lot of people will pay 1.5x the Wal Mart price at a locally-owned gun store because it's a gun store and not Wal Mart. Some people get mad at Academy for some of their gun sales policies so maybe they would rather pay more at a gun show because it's a gun show. Most of us will pay way above-market prices for a soft drink at a movie theater or other event simply for the convenience of having the drink while at the event, so maybe it is perfectly valid to pay above-market for ammo at a gun show simply because you just bought that AR at the other table at the same gun show and it's a lot more convenient to pay 25% above market for the ammo and not have to go shop for it elsewhere. I have been in Wal Mart or Academy probably 20 times looking for ammo and only found it ONCE in the past six months, so you know to pay a little extra to get it when you actually find it may be worth it. I bought the limit of what they would sell me at Academy last time I was there, at 25% above the Wal Mart price, simply because they happened to have it and it was worth the extra $25 for me to actually GET 500 rounds of 9mm rather than burn time and energy looking for a better deal.

That's a very interesting theory you have there, for people who knowingly and willing get taken on purchasing grossly over priced ammo at a gun show. !0% to 15% over market value on ammo is "mildly overpriced ammo". Then the convenience factor of buying ammo at a gun show is justified. 25% is price gouging, no matter how you try to spin it. For those that willfully purchase at the level of the gouged price, I applaud them, for they have no need to be price conscious and have the money to burn. Either that, or I am an absolute genius at sniffing out the good deals(which I doubt).

[mr.72]

That's a very interesting theory you have there,

Not my theory. Simple supply and demand, market economics.

25% is price gouging, no matter how you try to spin it

Actually the phrase "price gouging" has a definition, and it is distinct from offering a product at a price above which the market will bear. So there's no spinning here, just defining terms.

[joe817]

That's a very interesting theory you have there,

Not my theory. Simple supply and demand, market economics.

25% is price gouging, no matter how you try to spin it

Actually the phrase "price gouging" has a definition, and it is distinct from offering a product at a price above which the market will bear. So there's no spinning here, just defining terms.

You are correct when you are defining the term. The spinning occurs in your justification. But that's ok. I derive no pleasure what so ever in "winning" arguments. We are just disagreeing. And that's ok too!

It is the diversity of opinion which is one of this forum's strength.

[Jungle Work]

I don't think that it just gun shows in the Southern Parts of Texas.
I went to the Pioneer Gun Collector's Show in Amarillo this week end.
Most of the vendors are in love with their guns and ammo and need a reality check.
There were a couple of vendors who showed up to sell guns and ammo, but the rest were in the twilight zone.
One vendor was crying that he was going to loose money because guns had come down in price and he just couldn't sell at that low of a price.
I told him to just box up his guns and wait till the POTUS or one of his minions started talking about gun control again and the prices would rise.

The one thing I noticed at the Amarillo Gun Show was that most of the guns the vendors had could be bought at Retailers in town at a cheaper price.

Jungle Work

[juggernaut]

Not my theory. Simple supply and demand, market economics.

Correct.

The seller is willing to sell at that price. The buyer is willing to buy at that price. Otherwise there's no deal.

Why should the government prevent local commerce between consenting adults?