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Joined: Feb 2003
Posts: 10,384 Likes: 4
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Feb 2003
Posts: 10,384 Likes: 4 |
I paid $90 at BIG5 sporting goods store in 2001
It sold for $370 at pawn shop 2023 over a period of between zero and 3 months.
The 98/22 Mauser increased in value at 6.6% compounded annually.
As a rule of thumb, Gold, guitars, and guns go up at 3%.
Exceptions:
a) Colt revolvers go up at 6%
b) Mossberg bolt action 16 gauge shotguns go up at 0%
The 98/22 Mauser increased in value like a Colt revolver.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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Joined: Dec 2021
Posts: 229
Campfire Member
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Campfire Member
Joined: Dec 2021
Posts: 229 |
Exceptions:
b) Mossberg bolt action 16 gauge shotguns go up at 0% Don't I know it!
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Joined: Feb 2003
Posts: 10,384 Likes: 4
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Feb 2003
Posts: 10,384 Likes: 4 |
$370 is what I got paid in cash.
The pawn shop gets $25 on long guns under $400 and $35 on handguns.
Above $400 the pawn shop gets a percentage.
So the sale price on the rifle was $370 for me, + $25 for the pawn shop, +6.5% WA sales tax of $25.68 = $420.68 out the door
I paid $98 with tax out the door in 2001
The buyer paid $420.68 out the door in 2023
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6.8% per year compounded increase in customer cost.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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Joined: Sep 2014
Posts: 21,841 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Sep 2014
Posts: 21,841 Likes: 4 |
Was buying user grade pre-Garcia Sakos in the 90s.
7 SKS for a Sako? 4 AK-47s? I'd trade them for that now, then sell the commie guns. Probably use it to buy more Sakos!🤪
How I wish I had ignored them and bought crates of SKSs and AK-47s. And 7.62/5.56 ammo by the ammo box full.
Or powder, bullets and primers.
$12 boxes of bullets, pound of powder, brick of primers!
Parents who say they have good kids..Usually don't!
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Joined: Aug 2010
Posts: 48,106 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2010
Posts: 48,106 Likes: 11 |
$370 is what I got paid in cash.
The pawn shop gets $25 on long guns under $400 and $35 on handguns.
Above $400 the pawn shop gets a percentage.
So the sale price on the rifle was $370 for me, + $25 for the pawn shop, +6.5% WA sales tax of $25.68 = $420.68 out the door
I paid $98 with tax out the door in 2001
The buyer paid $420.68 out the door in 2023
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6.8% per year compounded increase in customer cost. Now my question is what are the dumb fu ckatf going to say since you made a pretty big profit from the sale? I'm hoping they don't start pushing that dumb schidt.
I try to stick with the basics, they do so well. Nothing fancy mind you, just plain jane will get it done with style. You want to see an animal drop right now? Shoot him in the ear hole. BSA MAGA
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Joined: Nov 2003
Posts: 3,611
Campfire Tracker
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Campfire Tracker
Joined: Nov 2003
Posts: 3,611 |
Your $98 dollar rifle would be $168.64 in today's inflated dollar but, still better than putting it in stocks.
Last edited by Joe; 10/02/23.
Shew me thy ways, O LORD: teach me thy paths.
"there are few better cartridges on Earth than the 7 x 57mm Mauser"
"the .30 Springfield is light, accurate, penetrating, and has surprising stopping power"
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Joined: Feb 2006
Posts: 1,658 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Feb 2006
Posts: 1,658 Likes: 1 |
the price you got is not a surprise the price you bought it for is.
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Joined: Feb 2006
Posts: 1,658 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Feb 2006
Posts: 1,658 Likes: 1 |
I bought a Mex/FN 98 intermediate carbine at a show. I thought I overpaid at $325. (7-8 years ago)
Also bought a Peruvian that was arsenal rechambered to 30/06 .
Little did I know that these were rare. looks like a 98/22 was only made for 2-3 years.
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Joined: Sep 2022
Posts: 39
Campfire Greenhorn
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Campfire Greenhorn
Joined: Sep 2022
Posts: 39 |
I think the mossberg 20 gauge bolts also go up at 0%, specifically the 185D
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