Can you buy a collector's item gun/guns ...
for $5000 and expect decent appreciation if purchesed strictly as a commodity investment?
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On second thought, if investing is the only reason you wish to purchase, you would be better off buying CD's. 0 -
Sure you can. Just pick up a nice all original minty Winchester M21 for $5K and it will be worth more next year. 0 -
I worded that OP very poorly off my phone. I have been reading about guns as investments and having fun with them, but it appears you can't ever shoot them or they lose value. Are there guns you can shoot and expect to hold their value or do they always lose value once they have been used?
Obviously if you had the pistol that was used in the Aaron Burr duel you could never shoot it, but does that hold true for all guns?
I have visited the fine gun room at the local Bass Pro and they have guns there they say can be shot (shotguns) that do not lose value if cared for and maintained. Is that true?0 -
Collectors collect and for the most part don't shoot. Guns that are used become collectable over much longer periods of time than a day trader has available. Thus, lever guns of the late 19th Century are worth more than they sold for new. How much depends upon condition. In many cases guns removed from their factory box may not be consider New in box, even if they are put back. If the action is worked or the cylinder turned they are not NIB.
The problem, as with most investments is trying to figure out what will be a highly desireable collectable someday.0 -
I'm way too poor to be into investment guns. But I've been low scale collector/enthusiest for 40 yrs.
As I understand it, if it has NEVER been fired (excpt at factory prir to sale), then if you fire it, it loses value. Kind of like driving a new car off a dealer lot.
But if it's already been fired, you can fire it w/o losing value.
Altho in some cases, such as the Burr example you cited, that make firing it extremely unadvisable.
Already used guns such as Browning shotguns, and most vintage Winchesters, if in VG to EX condition, can be used w/o losing value. IF they are maintained to preserve condition.
Even some less valueable guns, such as some WW-2 battle-rifles that have been extensively fired, have collector value. Generally not as much as say a Belgium Browning Superposed shotgun. But several hundred dollars. And they have increased in value over recent years. And can maintain value if currently used.0 -
Machine guns keep going up in value... 0 -
Invest in something you know about and enjoy. Never just jump on the bandwagon because others do, even gold since it's high today ($913.). Markets fluctuate, even T bills, and unless you can read them, you may be left holding an empty bag. 0 -
buy ammo![:D] 0 -
Colts and Winchesters are excellent investments if in original, unaltered condition, but $5000 won't get you a lot of them! 0 -
...Dog is right, for "new" guns, for the most part. There's a brand or two that will with a high probablility increase in as little as 5 years at a very good rate.
...Older guns, certain types are the best bet for really nice returns, and a nice dose of luck thrown into the mix. C & R eldgeable guns are your best bet overall.
..With ANY gun, two things make 'em or break 'em for value. Condition/Factory Original which includes box and ALL paper work that comes w/the gun from factory.
...The problem with collecting guns with just the mindset of making money, you MUST know which ones will give the most return; and that sir, takes one knowing, not liking, knowing which guns will increase in value.
...While in some cases easier than picking good stocks, not always. Before I'd put any money of any sizeable amount into gun(s) you might study, handle a LOT of guns to know the grades conditions EX VG G etc.), and do a lot of buying & selling over 30-40 years, then you may, with a little luck, be ready to make some informed buys. Quality not quanity rules in most cases. The exception would be the few brands of "new" guns I first mentioned, in that case, just spend half the time I stated for C & R guns to be able to make money on them...[;)]
Noticed you Dog...welcome back, and hope all is well [^]
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