Home› Main Category› General Firearms
Shoemaker Seth
Posts: 139 Member
Guns as investments
Shoemaker Seth
Posts: 139 Member
With the new degree and job, the purse strings are finally easier to loosen without feeling guilty. I was finally able to replace the AR that was stolen a long time ago, and got the kids an 870 youth combo. I got those 'cause I wanted to, and they filled a hole in my "needs" list.
Well, I had a friend offer me a pair of SS Vaqueros with rigs for $500 total, and another friend offer a Mosin Nagant carbine in nearly new condition for $100. I wasn't in the market for any of those, but I figured I'd be able to sell them at a profit without much trouble if the need ever arose. At least that's what I told my wife.
And yes, I have started doing more traditional investing, as well.
Well, I had a friend offer me a pair of SS Vaqueros with rigs for $500 total, and another friend offer a Mosin Nagant carbine in nearly new condition for $100. I wasn't in the market for any of those, but I figured I'd be able to sell them at a profit without much trouble if the need ever arose. At least that's what I told my wife.
And yes, I have started doing more traditional investing, as well.
Some threads I read for information. Others I read for entertainment value.
Replies
However, buying guns as an investment isn't such a hot idea, UNLESS, you are buying rare, high dollar guns to begin with...Colt SAAs with a provenance, etc....
AAAAARRRGGGHHHH....
In my world, the .44 would get traded for something similar in .45 Colt...the 5" would go directly into my gun safe....
“When guns are outlawed, only patriots will have guns.”
What the spandexed one said. That was a heck of a deal... Now, if you say that they came with quality leather (El Paso Saddlery or the like), I will be very jealous.
-Mikhail Kalashnikov
Not to be argumentative and with all due respect, enlighten me on how private citizen to private citizen sales are now illegal. The OP did not mention opening a brick and mortar storefront or even a website. I'm confused as to why and to whom one has to explain the purpose of a private gun purchase or sale.
Thanks
If you're going to buy for investment, you need to look to Colts, Shiloh's, C Sharp, Browning Citori's etc.
The revolvers are in really good shape, not the newer,smaller framed ones. The leather is good stuff, butI I don't recall the maker.
It has happened that BATF has taken notice of certain folks who make an inordinate number of private sales and popped them for dealing firearms without a license. The odd one now and then isn't a big deal, however, if you're making a living doing it...you may have a problem
Just don't see many vaqueros bringing that much on the used market. Declining participation in the dressup squib load shoots, and there'll be more on the market as time goes by,, that don't help the prices if your sellin.... Mosins are a dime a dozen, tables full of em at the gunshows, cripes even Cabela's was blowin em out for under 100$...
I think ya did alright Seth, congrats on the guns,, can we get some pics? The value of an item is what one is willing to pay for it,so I have been told.
Not very good investments. Guns are as liquid as a cinder block. You have a gun that has increased in value from say $365 when you bought it in 1871 to maybe $4500 now? Maybe is the operative word; just try to unload it. Guns do increase in value, but value is what you can get for it today and not what is printed in the blue books of gun values. Nor is it easy to find someone with $4.5K to pay for your fine Sharps Musket.
Tell your wife that guns are a good investiment, somethings that fools them when you lay out $2K for that new Black rifle that you have wanted so bad. If you want to sell it you can take it to a pawn shop and they might give you half of what it is "worth".....if you are lucky.
Buy/collect guns because you enjoy them. After you die, your wife/now widow, can sell them through a dealor who will cheat her as best he can. Of course you can sell them before you kick, but then life won't be worth living will it.
But when considering guns not so much mass produced, considered to be mostly hand crafted and of fine quality, given you take reasonable care of it ,it will either hold or appreciate in value. Look at the modern Colt SAA's. even a worn one from the 1960's will bring over a grand, and they sold new for the same price as a Ruger in those days.
As to the 365$ sharps? Sharps never sold a rifle for much over 135$ and those were the fancy guns... take a look here http://www.rockislandauction.com/viewitem/aid/57/lid/1070