Maybe it's that tactic, this one has 5 figures of transactions, most not in Colt.I have noticed a handful of various old Gun internet Auction sellers, who are FFL Dealers, who raise the price each time the Gun fails to sell.
I have known Antique dealers who do similar - they over price an item to begin with, then, keep raising the price there-after.
Seen it with old Cars sometimes also.
To me it seems insane or at least crappy, as what is usually going on, is they are hoping for 'A Live One' who will be naively influenced BY the 'price' to imagine that this MUST be THE very 'best' example out there, and, who will then naively buy it on that bass of naïve conflation.
Not much in Life offends me, but, I will say, that practice comes close!