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  #1  
Old 03-20-2017, 04:05 PM
nunya80 nunya80 is offline
 
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Location: Nebraska
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Default Did anyone see what the plugged m1 c went for?

Service grade sa52 marked ex m1C from last week? I Have not had any luck with the search and completed auction function. Cant seem to find that particular one....thank you.
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  #2  
Old 03-20-2017, 04:09 PM
pkost pkost is offline
 
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$2,327
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  #3  
Old 03-20-2017, 05:47 PM
nunya80 nunya80 is offline
 
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Good grief.... thank you. Im working on insurance right now and that one was the closest i could find to mine. Appreciate the help.
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  #4  
Old 03-20-2017, 07:18 PM
col b col b is offline
 
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That means that the real value is about half the CMP selling price!
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  #5  
Old 03-21-2017, 06:33 AM
steelap steelap is offline
 
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Quote:
Originally Posted by col b View Post
That means that the real value is about half the CMP selling price!
Insurance value is immediate replacement cost - not resale value.

Think jewelry - insurance value is about three times what you could get for it if you sold it.

"Life is Good!"
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Old 03-21-2017, 06:45 AM
col b col b is offline
 
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Quote:
Originally Posted by steelap View Post
Insurance value is immediate replacement cost - not resale value.

Think jewelry - insurance value is about three times what you could get for it if you sold it.

"Life is Good!"
So, Alex, you have made my point. Insurance value and CMP Auction prices are about the same!
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  #7  
Old 03-21-2017, 03:13 PM
nunya80 nunya80 is offline
 
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Location: Nebraska
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Problem is, where do you find one to replace it? Place a wtb ad for a correct sa52 ex m1c in vgplus condition fir the 2k insurance will pay out. About all you could honestly do, is take the cash and reinvest in some other toy as a replacement. I am printing a copy of completed auctions (cmp, gunbroker, gunboards etc) and including it in my book for insurance purposes. I always look at the cmp auctions as the extreme high end. The trader as fair r market value or a little less. Thank you again....
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  #8  
Old 03-23-2017, 01:33 PM
steelap steelap is offline
 
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Quote:
Originally Posted by col b View Post
So, Alex, you have made my point. Insurance value and CMP Auction prices are about the same!
Agree.
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