Guns as long term investments
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Re: Guns as long term investments
Major brands and don't buy the cheap ones. assault types seem to resale better
Major brands and don't buy the cheap ones. assault types seem to resale better
Re: Guns as long term investments
i already look at them as investments, nothing seems to hold value if not gain value like guns do.
Are you meaning strictly as far as profit it concerned?
genre specific?
I have a niche of things I like, or "collect" and i have an arsenal of ones i use for comps, and some for fun.
that being said your question is pretty vague and broad.
look at what is "collectable", these will be your money makers. Say for example Lugers, there's a HUGE collector following in them and they pay huge money for them, so if you were to find one for a good price than it is doing nothing but gaining value. Just cause its old dont mean its gonna be worth alot some day, some guns just never caught on in the collector circles. Same goes for modern guns, generally they will maintain their value but not gain any. look at models that came and went in short time, they may be junk now but when your kid has it as an older man it will be one of those "was only made for 2 years back in the 20teens".
I'll leave you with this, how much will M1 carbines, 1903's, M1's be worth when the CMP has no more? more than the 500 buying price now? hells to the fuck yeah
i already look at them as investments, nothing seems to hold value if not gain value like guns do.
Are you meaning strictly as far as profit it concerned?
genre specific?
I have a niche of things I like, or "collect" and i have an arsenal of ones i use for comps, and some for fun.
that being said your question is pretty vague and broad.
look at what is "collectable", these will be your money makers. Say for example Lugers, there's a HUGE collector following in them and they pay huge money for them, so if you were to find one for a good price than it is doing nothing but gaining value. Just cause its old dont mean its gonna be worth alot some day, some guns just never caught on in the collector circles. Same goes for modern guns, generally they will maintain their value but not gain any. look at models that came and went in short time, they may be junk now but when your kid has it as an older man it will be one of those "was only made for 2 years back in the 20teens".
I'll leave you with this, how much will M1 carbines, 1903's, M1's be worth when the CMP has no more? more than the 500 buying price now? hells to the fuck yeah
Re: Guns as long term investments
JayJay, yeah I'm thinking strictly in terms Profit down the road.
I could care less what type they are.
I think anything Hi cap or that may be affected by political winds such as AR's may not be the best route long term however we all have seen the ups and downs in that market over the last few years and money could've be made short term. The main concern for me is what if some crazy crap happens and you can't transfer or even own them any longer?
I Think having one or two niche areas is a good idea especially for the stuff which is already collectable such as colts, winchesters etc for the simple fact that there is SOO much to know so you don't get burned.
JayJay, yeah I'm thinking strictly in terms Profit down the road.
I could care less what type they are.
I think anything Hi cap or that may be affected by political winds such as AR's may not be the best route long term however we all have seen the ups and downs in that market over the last few years and money could've be made short term. The main concern for me is what if some crazy crap happens and you can't transfer or even own them any longer?
I Think having one or two niche areas is a good idea especially for the stuff which is already collectable such as colts, winchesters etc for the simple fact that there is SOO much to know so you don't get burned.
Re: Guns as long term investments
I go to estate sales looking for the dream K98 brought back by veterans....
Or any other guns that people have bought but don't know what they are.
My next "INvestment" will be the 44 automag I think - Saw one in Fairbanks in MINT condition never fired for $1200 back in 1988....worth about 3 times that now.
But $1200 in savings from 1988 till now would still be worth more.
So unless you have a REAL gem, a firearm may not lose value but it may not gain value either (Kind of like my stocks right now)
I go to estate sales looking for the dream K98 brought back by veterans....
Or any other guns that people have bought but don't know what they are.
My next "INvestment" will be the 44 automag I think - Saw one in Fairbanks in MINT condition never fired for $1200 back in 1988....worth about 3 times that now.
But $1200 in savings from 1988 till now would still be worth more.
So unless you have a REAL gem, a firearm may not lose value but it may not gain value either (Kind of like my stocks right now)
Re: Guns as long term investments
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: brut4c</div><div class="ubbcode-body">JayJay, yeah I'm thinking strictly in terms Profit down the road.
I could care less what type they are. </div></div>
If you are going to buy guns as an investment you should care what type they are. Pick a type of gun you know a lot about and have a high degree of interest in, and only buy nice stuff. Don't mess with reblued metal or refinished wood, those are basically utility grade guns once they have been refinished (with a few exceptions). There is always a market for nice guns, or rare and unique guns. If you collect high end guns in odd calibers like .32 Remington, .303 Savage or .22 Savage Highpower it's always a good idea to have a couple of boxes of original ammo.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: brut4c</div><div class="ubbcode-body">JayJay, yeah I'm thinking strictly in terms Profit down the road.
I could care less what type they are. </div></div>
If you are going to buy guns as an investment you should care what type they are. Pick a type of gun you know a lot about and have a high degree of interest in, and only buy nice stuff. Don't mess with reblued metal or refinished wood, those are basically utility grade guns once they have been refinished (with a few exceptions). There is always a market for nice guns, or rare and unique guns. If you collect high end guns in odd calibers like .32 Remington, .303 Savage or .22 Savage Highpower it's always a good idea to have a couple of boxes of original ammo.
Re: Guns as long term investments
NFA weapons! Bought a M60 for $4,800 in 90. Sold it for $46,000 last year. Hell, it did better then my 401K. NFA, for the win
NFA weapons! Bought a M60 for $4,800 in 90. Sold it for $46,000 last year. Hell, it did better then my 401K. NFA, for the win
Re: Guns as long term investments
Long term, usually means: more than one year. In order to make money on guns, and they usually do go up in value (as a class), you'll be holding them for more than a year, several years in fact. I see guns for sale (on this site in fact, among others) that are used and the asking price is at or above new! Or at or above dealer! Anything is only worth what someone is willing to pay you. Optics as a class, do not hold their value. There is always a new wizzbang scope (check ebay-old scope as a class drop like a rock in value). In the short term guns go down before going up (if used, as a class). I think many -new to guns- that are shocked when they can"t get what they paid for a gun, even though they've taken "real good care of it" and "only shot it a couple of hundred rounds", as they have been told, "Guns always go up in value!". I am always amused at seeing a weapon for sale, used but.... , and the asking price is at or above retail! I don't think there is as big a demand for "custom" guns from collectors as there is for "like new" examples with factory box. Maybe this will change, but if you keep up with auction pricing, you'll notice high quality weapons-factory-as new, tend (not always) to increase better than any other class.
Long term, usually means: more than one year. In order to make money on guns, and they usually do go up in value (as a class), you'll be holding them for more than a year, several years in fact. I see guns for sale (on this site in fact, among others) that are used and the asking price is at or above new! Or at or above dealer! Anything is only worth what someone is willing to pay you. Optics as a class, do not hold their value. There is always a new wizzbang scope (check ebay-old scope as a class drop like a rock in value). In the short term guns go down before going up (if used, as a class). I think many -new to guns- that are shocked when they can"t get what they paid for a gun, even though they've taken "real good care of it" and "only shot it a couple of hundred rounds", as they have been told, "Guns always go up in value!". I am always amused at seeing a weapon for sale, used but.... , and the asking price is at or above retail! I don't think there is as big a demand for "custom" guns from collectors as there is for "like new" examples with factory box. Maybe this will change, but if you keep up with auction pricing, you'll notice high quality weapons-factory-as new, tend (not always) to increase better than any other class.
Re: Guns as long term investments
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: paw print</div><div class="ubbcode-body">Long term, usually means: more than one year. In order to make money on guns, and they usually do go up in value (as a class), you'll be holding them for more than a year, several years in fact. I see guns for sale (on this site in fact, among others) that are used and the asking price is at or above new! Or at or above dealer! Anything is only worth what someone is willing to pay you. Optics as a class, do not hold their value. There is always a new wizzbang scope (check ebay-old scope as a class drop like a rock in value). In the short term guns go down before going up (if used, as a class). I think many -new to guns- that are shocked when they can"t get what they paid for a gun, even though they've taken "real good care of it" and "only shot it a couple of hundred rounds", as they have been told, "Guns always go up in value!". I am always amused at seeing a weapon for sale, used but.... , and the asking price is at or above retail! I don't think there is as big a demand for "custom" guns from collectors as there is for "like new" examples with factory box. Maybe this will change, but if you keep up with auction pricing, you'll notice high quality weapons-factory-as new, tend (not always) to increase better than any other class. </div></div>
Well put paw, and it wont get ya banned.
Id add, FULL ROCK AND ROLL, firearms, will always be in demand.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: paw print</div><div class="ubbcode-body">Long term, usually means: more than one year. In order to make money on guns, and they usually do go up in value (as a class), you'll be holding them for more than a year, several years in fact. I see guns for sale (on this site in fact, among others) that are used and the asking price is at or above new! Or at or above dealer! Anything is only worth what someone is willing to pay you. Optics as a class, do not hold their value. There is always a new wizzbang scope (check ebay-old scope as a class drop like a rock in value). In the short term guns go down before going up (if used, as a class). I think many -new to guns- that are shocked when they can"t get what they paid for a gun, even though they've taken "real good care of it" and "only shot it a couple of hundred rounds", as they have been told, "Guns always go up in value!". I am always amused at seeing a weapon for sale, used but.... , and the asking price is at or above retail! I don't think there is as big a demand for "custom" guns from collectors as there is for "like new" examples with factory box. Maybe this will change, but if you keep up with auction pricing, you'll notice high quality weapons-factory-as new, tend (not always) to increase better than any other class. </div></div>
Well put paw, and it wont get ya banned.
Id add, FULL ROCK AND ROLL, firearms, will always be in demand.
Re: Guns as long term investments
There's some excellent advice above. If you're moving into collectible pieces, the NFA stuff isn't a bad idea: static supply, increasing demand. If you're looking at historical pieces, caveat emptor! You need to understand everything about that model of firearm, variations, and known population before tossing down money. Looking for exceptional examples would probably be my strategy.
When I purchase firearms now, I also think about value down the road. Quality quality quality. Not only will the good firearms retain value, but if you're using them, then they're far more likely to hold up to the tests of time. I look at the 1919 field grade LC Smith my great-grandmother used to hunt upland birds on her farm in the Midwest. It's a piece of utilitarian art, and that's why high condition LC Smiths fetch the prices that they do.
There's some excellent advice above. If you're moving into collectible pieces, the NFA stuff isn't a bad idea: static supply, increasing demand. If you're looking at historical pieces, caveat emptor! You need to understand everything about that model of firearm, variations, and known population before tossing down money. Looking for exceptional examples would probably be my strategy.
When I purchase firearms now, I also think about value down the road. Quality quality quality. Not only will the good firearms retain value, but if you're using them, then they're far more likely to hold up to the tests of time. I look at the 1919 field grade LC Smith my great-grandmother used to hunt upland birds on her farm in the Midwest. It's a piece of utilitarian art, and that's why high condition LC Smiths fetch the prices that they do.
