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Buying an investment gun

7.9K views 87 replies 40 participants last post by  captjsjr  
#1 ·
If you were to buy a gun as an investment, what would you buy? I'll make yourchoices easier by limiting make and model, to guns made in 2023
 
#6 ·
I didn't specify what kind of gun. But in my head I was asking about shotguns. I personally don't believe in buying a gun and thinking it's gonna be worth more down the road. But I am quick to devalue a gun. If someone put there fanciest, priciest gun in my hands, it would be used to push thorns and branches out of my way grouse hunting. They are made to be used.
 
#21 ·
Like he said, buy mutual funds.

Mutual fund generates cash flow in the form of dividends (usually quarterly) which are taxed at only 15%
You can sell a mutual fund in a millisecond with the click of a mouse with no transaction costs (no finding a sketchy buyer, shipping, FFL, or selling on consignment)
Nothing to store/insure in case of fire or theft
If you need money, you can sell some shares of your mutual fund--you cannot sell parts of the investment gun (well you can...)
 
#5 ·
Over the years I have bought lots of investment grade guns and held them and made money on every single one while also getting to enjoy the ownership. The two most important things to pay attention to are condition and authenticity and of course scarcity. It really doesn't matter what kind of gun it is. In the last few years, Ive seen Colt Pythons go for thousands of dollars. These are guns that sold for $250 back in the late 1960s. Do your research
 
#11 ·
An investment gun is one that if you're lucky enough to get what you paid for it or 10 to 20% less. I've made some good money on some firearms, but I lost just as much on others so it all came out in the wash. And sometimes that meant, waiting several years for the timing to be right.
 
#14 · (Edited)
Are my edits not visible?
A
Are my edits not visible?
not when I submitted mine. As far as your ( clarified) question is concerned. There is a reasonable possibility that any of the higher end shotguns on the market in 2023 will appreciate in value to some extent. Just not to the level that I would expect out of a more traditional investment. JMHO
 
#17 ·
If I was going to buy an investment shotgun, it would be a used high grade that someone had traded in. I see used K80's, Piotti's, Perazzi's and Berettas on the used market for 60-70 cents on the dollar of new. The bigger the dealer the better the selection of used high grade guns.
example;
 
#18 ·
Gentlemen,
I will relate to you what my Grandfather taught us about purchasing quality guns. His advise was to never purchase any kind of gun as an investment. Purchase your guns to use them and if they are quality guns they will increase in value, which really does not matter. Pass your quality guns down thru the family for generations, if they are quality guns, kept in pristine condition they will increase in value. Our family has never purchased guns as an investment of any kind. Although my Great grandfather invested in the gun making business heavily. Purchase your guns to hunt with, and as family protection.

all the best,

Pine Creek/Dave
L.C. Smith Man
 
#20 ·
It really is an interesting question and I've thought about that topic quite a bit. Not to hijack the thread, but it got me to reminiscing about asking my dad and his list of guns from the past "why didn't you keep that Model 12 28 gauge?", or "why didn't you keep the boxes?" (answer: I couldn't throw them away fast enough, I wanted to shoot it :LOL:).

I mean - let's face it... who really thought that the Winchester 9410 would bring the kind of money they do now?
 
#27 ·
Part of the joy of owning investment grade guns is that you get to enjoy them during your period of ownership. It’s hard to enjoy stocks and bonds while owning them. I’m not saying that guns should be your primary investment, but if you don’t really need the money and you can afford to tie some up in tangible assets , then I don’t see any harm in owning a few investment grade guns. I have a friend with a collection of over four thousand firearms. Some are quite valuable, others are not. He has plenty of money in other investments, so he can afford to tie up capital in guns. I asked him recently why he didn’t sell off a bunch. He told me that when you sell a gun, then all you have is money. You then spend the money and then you have nothing!
 
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#29 ·
Purdy, Holland and Holland, but I think that buying a shotgun for an investment is about to yield the same financial rewards as buying Twitter. But I would much rather own a Purdy than Twitter! I could take it out on my brand new sprawling estate and shoot it!
 
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#32 ·
Gun made in 2023 that you think will be worth more in the future. Maybe a special limited edition like the 100th anniversary Citori High Grade that is out now or maybe a Pheasants Forever or Ducks Unlimited gun of the year type thing. Something that a collector a few years down the road might want.
I recently bid on a framed duck stamp for my year of birth. It went for more than the cost of the duck stamp and frame when new.
 
#34 ·
Of course you are right, and gun investments are certainly not what I live on in retirement. Other revenue producing investments do that for me quite well. My point is that owning investment quality guns affords you the hands on use and enjoyment of that investment while at the same time appreciating in value. The hands on use and enjoyment are worth something, at least in my opinion, and while its nice to see an appreciation, in the long run, its really not a deal breaker for me. Today, I buy an $80,000 pickup and enjoy its use and 10 years from now its worth 10% of what I paid for it. A fine firearm may serve me the same way and may actually be worth more than I paid for it 10 years ago. Its called "choice" and each person decides how to spend/invest their money. At the end of the day, you can't take any of it with you.
 
#35 ·
My point is that owning investment quality guns affords you the hands on use and enjoyment of that investment while at the same time appreciating in value. The hands on use and enjoyment are worth something, at least in my opinion,
I agree with your points. "Investment quality guns" our typically not really investments but rather luxuries that maintain, perhaps even appreciate in value somewhat.
 
#37 · (Edited)
Casonet,
Your point is well taken, and even though our family has never purchased any gun as an investment opportunity our L.C. Smith guns, even our 00 Grade & Field Grade guns have increased in value thru the years, and we use them every year to hunt with. If a sportsman purchases a quality gun and takes care of it, this usually happens because the cost of new guns keep rising. To purchase a high quality gun today it is costing some serious money, choose wisely.

all the best,

Pine Creek/Dave
L.C. Smith Man

L.C. Smith #5 guns, the stuff dreams are made of, especially for a Grouse hunter.
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