Gunflation

As a child I was taught the concept of inflation with this analogy:

If Joe has 1000 oranges and you really really want one how much would you pay? If Joe has 1 orange and you really really want it how much would you be willing to pay?

I never forgot the story of the guy with oranges that “I really really wanted”. Anyway, here is a modified version of the story:

If Joe has 1000 SCAR 16s rifles and you really really want one how much would you pay? If Joe has 1 SCAR 16s rifle and you really really want it how much would you be willing to pay? Answer: $9500

Checkout this gunbroker auction

Picture 23

Michael Bane commented that while the SCAR is cool, 10 AR-15s are a much better!

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Steve Jan 17th 2009 rifles Tags: , , , 8 Comments

8 Responses to “Gunflation”

  1. jdun1911on 17 Jan 2009 at 7:36 pm link comment

    I didn’t want to be rude to Jason so I didn’t ask how much he paid for his. Someone posted on AR15.com that he made over 12k profit selling two SCAR.

  2. Boneson 18 Jan 2009 at 3:52 am link comment

    Maybe not so much “gunflation” or inflation but supply and demand. “Gunply and demand?”

    Okay I’ll go sit in the corner.

  3. Nomen Nescioon 18 Jan 2009 at 5:16 am link comment

    that’s not inflation you were taught, that’s supply and demand. an inflation example would be a bit trickier to make, and involve how much money you make per hour, as compared to how much your dad made doing the exact same job twenty years ago.

  4. Heathon 18 Jan 2009 at 12:51 pm link comment

    That’s insane! Did it sell?

  5. Steveon 19 Jan 2009 at 1:00 am link comment

    Yep, you guys are right. Very embarrassing considering I spent years studying economics at college ;)

    In my defense I have been blogging my brains out trying to cover everything at SHOT :)

  6. K. D.on 19 Jan 2009 at 12:42 pm link comment

    We have gone mad on the prices of “black” rifles in this nation….

  7. Jasonon 20 Jan 2009 at 2:43 pm link comment

    To jdun1911, I paid $2895.00 before tax. I think that is still too much money for the rifle however. I paid less than $1500.00 for my sig 5.56 used. It is crazy what people are trying to sell scars for on gun broker. I will not be shooting mine anytime soon just in case I did get some kind of rare special edition model. On the flip side I would NOT sell mine for $9500.00. I really lucked out getting one for a fair price.

  8. Steveon 20 Jan 2009 at 2:46 pm link comment

    Jason, good price! I would be very tempted to sell it if I had one for that price! Make an extra $500-$1000 and buy an AR-15 :)

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