Heartbreak at Gunstop today

[JJ]

2) There is NO SUCH THING as too high or too much profit. Really, let's not be silly here. Price points (noted above) are pretty self regulating, and put an upside cap on profit. How does a business increase earnings (do you employees want a raise this year?) when its upside sell price is limited or capped? Reduce costs (buy things for less, pay people less, etc)...

So if your company had a legally protected cure for a certain type of cancer, and you spent 10 million developing it and in other fees. How much do you charge per pill?

As much as people are willing to pay

[goalie]

So if your company had a legally protected cure for a certain type of cancer, and you spent 10 million developing it and in other fees. How much do you charge per pill?

That is almost too funny for words.

[gyrfalcon]

That is almost too funny for words.

Edit: 10 million tons of gold.

[goalie]

That is almost too funny for words.

Edit: 10 million tons of gold.

That is a lot closer to reality. I've been involved in a lot of FDA trials. It ain't cheap to get something to market in the US.

[Vlad]

I have helped to get quotes on estate guns and such and it is pretty standard to offer 30 to 50% of book. In those cases, the store is looking to buy at wholesale prices. I personally know of a Winchester 94 born in 1909 that is a conservitive book rating at 800$ as it is 30% condition that has been sitting on the shelf for over a year with a price of under 500$. The most that was offered as a straight up price was 300$.

I also have to remind that when there is no profit, there is no store, no job, no local outlet, ECT,ECT, ECT...

Buyer and seller were happy with the transaction, Life is good.

[ijosef]

The only punting I've ever done is when I bought that Winchester 94 outside of a pawnshop (I made a thread about awhile ago). A guy comes in looking to sell his ordinary-looking Winchester 94 .30-30. I was about to leave the store but stayed behind to overhear the bargaining and see what the seller had. The guy behind the counter basically called the gun a rusty piece of crap and said he didn't want to buy it, suggesting that the seller might have some luck selling it to Joe's or Duck Hill. I left the store and waited for the rejected seller to come out. I asked him how much he wanted for the gun and he said he would like to get $100 out of it. I probably could've got it for even less, but I didn't want to try to crank the guy down any further. Besides, $100 for a Win 94? Yeah, it was a little rough but still solid and fully functional. I give the guy $100 and take the gun. When I get it home I notice that the serial # is a little different than the ones on my other 94's, so I check it out on Winchester's website. It turns out to be a pre-1964 model. Woohoo!

[infidel]

Anybody looking for a Colt 1911 Series 70, Gunstop might have one. I hear his prices are reasonable.

[Rodentman]

Interesting commerce at a gunshop in a "southern suburb." Sign for firearm transfers charges reads something to the effect, "20% of price if we stock item, $50 otherwise." Guess they don't get many transfers from online buyers.

[gyrfalcon]

...$50 otherwise...

You think it would be easier just putting up a sign that says they don't do FFL transfers on shipped guns.