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Like have been mentioned above that this same dealer advertises these M38's on gunbroker as well.

It's beginning to show with a lot of retailers and I'm afraid gunbroker is going to catch on...

They are using gunbroker as a free advertising platform. Posting items at rediculous prices knowing that they wont be bid on. You contact them and they generally reply "Oh, just go to our website and purchase the item you want." When you visit the site, they are at reasonable pricing.

If these M38's are truly priced at this then they are doing some major fishing.
 
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