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Interesting

A global pricing index for guns?

The US might skew your numbers quite a bit. Rumor from folks in the know is that an AK-47 in Iraq costs about $100. In the US, they go for about $15,000.

Update: bitter has more.

Posted in uncategorized on August 24th, 2007 by SayUncle | RSS 2.0 |

4 Responses to “Interesting”

  1. Bitter Says:
    August 24th, 2007 at 10:47 am

    As I posted over at my site, there’s a problem in his premise for the data. He’s trying to show who pays too much for guns. The problem is that thanks to cultures, laws and markets, there’s no such thing as too much. I also tried to leave a comment, but he doesn’t appear to be accepting it at this point.

    Not to mention, even within the U.S., the laws make a big difference in the price. My Sig cost far more than most other people’s because it’s Massachusetts compliant. However, is the value any higher? No. In fact, most people probably wouldn’t value it as much as a non-Mass. compliant Sig.

    And I wasn’t even nitpicking about black markets, either. That’s a completely different criticism.

  2. vinnie Says:
    August 24th, 2007 at 11:41 am

    http://search.japantimes.co.jp/cgi-bin/fd20070513t1.html

    Black market makarovs in japan go for around $400

    “Even a poor-quality Tokarev used to cost 200,000-300,000 yen, yen” says another of Weekly Playboy’s gang sources. “Now you can get a really good Makarov for 50,000 yen.”

    Google says:
    50 000 Japanese yen = 435.8 U.S. dollars

    Hope that helps

  3. Steve Says:
    August 24th, 2007 at 9:30 pm

    I have just posted why I think we are paying to much for guns, and why I support deregulation:

    http://www.thefirearmblog.com/blog/2007/08/25/gun-economics-101-why-we-all-pay-to-much/

  4. straightarrow Says:
    August 24th, 2007 at 11:48 pm

    The question isn’t the value of guns or what price is too high between willing participants in a transaction, but rather, what effect do artificial barriers have on price and the economics of trade.

    It doesn’t matter that the laws are different in various countries. If profit can be made selling a gun for $100 in one venue and that is the cheapest price, that gun is worth $100 dollars. Every unit of price above that is the cost of governmental suppression of free economic activity.

    This ain’t rocket surgery.

Remember, I do this to entertain me, not you.

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