Nothing like profiting on a tragedy.
Whatever LT1477 paid for it is irrelevant, regardless of why the price went up. The guns value is determined by the market. Whatever he can sell it for is what it's worth.
He bought it BEFORE the shooting because he wanted to own it. If he sells it now, he'll have to pay $1500 to buy it back from someone else, or live without it.
Or wait for the price to go back down, IF IT DOES.
Who knows, it might be worth $2500 in a month, then someone who buys it now could make money too if they sold it.
But then, THEY would have to pay $2500 to get another.
If it were your Mini 14, would YOU sell it for $900? I wouldn't.
Not being a wise guy, just saying...
Possibly all this will pass and prices will go back down, or maybe not. I just bought an AR for $1400 one week ago.
I'm glad I did.
Sent from my iPhone using AutoGuide.com App
95 DGGM 396 Stroker, Eagle crank & rods, LT4 heads, LT4 intake, LT4 hot cam, Finish Line long tube headers, 2 1/2" exhaust, Big Baer brakes, 3.73 rear, Hotchkis lowering springs, Front and rear Hotchkis Sway bars, aluminum driveshaft, Metco aluminum boxed trailing arms, K&N, Gary's Cables, 42# Green Giants, T84's,T56 Magnum