Buying guns...for investment.

allenomics

New member
If you had...

$500
$1000
$1,500

...to buy three collectible pistols/revolvers, what would you buy?

The guidelines are pretty simple; new in box, never fired guns that you would just put in the safe.

Please list your suggestions...
 

AFshooter

New member
Not really the right place for this thread but I would say Colt DA revos.
They seem to be commanding quite a bit of dough right now.
The best investments are common shooters bought for a fraction of the going rate.

Heck, ammo may be the best investment right now.:eek:
 
Guns are not an investment. You'll always get a better rate of return through traditional sources. I'm speaking in terms of entering the market right now.

Besides, the figures you're proposing are ridiculously low. Just go buy yourself a good steak dinner.
 

mdlowry

New member
I'll agree G-Cym.

Buying a handgun for an investment might not be a good idea if you live in Chicago, California, etc.
 

Crosshair

New member
I don't know. Gold is kind of at a high right now, you kinda missed the boat if you want gold now. Should have bought it back when it was in the $400's.
 

G-Cym

Moderator
It'll go higher though. In 10 years when it's 1500, people will say "you should have bought back when it was 700"
 
It'll go higher though. In 10 years when it's 1500, people will say "you should have bought back when it was 700"
It may go higher...then again it may go lower. I seem to remember a decade or two when people lost their shirts in the gold market thinking "it'll go higher".

Gold is an up and down investment. and the way it is being pushed on TV and radio is not a good sign right now. it is like they are trying to artificially inflate the price. When something is a sure bet they seldom need to waste money on radio ads.

But, I do not really see guns as an investment. It is nice knowing you could sell them later for most of what you paid for them (sometimes more) if you needed the money but I never buy a gun with the intention of reselling it.
 

sasquatch

New member
You really should attend a Colt Collectors Convention.....you would change your mind in a hurry about whether or not guns are a sensible investment.
 

G-Cym

Moderator
With risk of going OT, gold is a long term investment. It's not day trading. 10 years is a short amount of time. Yeah there are going to be fluctuations between a few years, but in the long haul, it will always hold value. It has the longest record of holding value in human history. Gold was valuable before the wheel and will still be valuable after "faster than light" travel. It may take 50 years to really mature, but if a college kid save some money and buys gold now, when he retires, it WILL hold some serious value. Stocks, bonds, 401Ks, pensions; they all fluctuate and can be killed by the market. Companies go out of business and entire economies fail, like the USSR or the Crash of 1929. Paper money and electronic investments can turn in $0 in a split second. But if you have some real Au in hand, it will be worth something to someone. Always. In the year 3000 B.C or 3000 A.D.


As for guns, I would only do it if you already have a comfortable solid investment, and are just looking for something to do with your money. Go out and buy something with proven collector value. But don't buy a regular out of the box gun from from a store and expect it to hold value. Limited editions, like the guns presented to the Presidents would be the thing to buy if you can.
 

CWL

New member
With the amounts you are describing, buy a few rolls of Silver Eagle Dollars. You can't buy 'jack' in gold for $1500.

They pretty-much are appreciating ~10-15% per year.

Search the web for prices, then start low-balling on eBay. Make many offers, you will win a few. You will make money.

Guns? Never buy for investment purposes unless you are talking custom guns.
 
You really should attend a Colt Collectors Convention.....you would change your mind in a hurry about whether or not guns are a sensible investment.
I am not saying I do not think they can be a good investment. I am just saying I buy every gun hoping I will never have to part with it. :)
 

Hkmp5sd

New member
Something which may be arbitrarily banned at the whim of politicians isn't a good investment for making money.
 

Majic

New member
Something which may be arbitrarily banned at the whim of politicians isn't a good investment for making money.
There are collectors of fine wines with bottles of wine selling in the thousands of dollars and there was also prohibition.
 

jehu

New member
+1 on the H&K P7 line! I think that you will always be able to get your money out if they are in good shape & not shot out. Not really an investment but a gun that will hold it's value even if you have some fun and shoot it.:p :)
 

AK103K

New member
Something which may be arbitrarily banned at the whim of politicians isn't a good investment for making money.
Pretty much everything falls under this, including gold.(Remember how great a man FDR was? :rolleyes: )

So much depends on what you buy and how your intuition is.

Looking back, if you had asked me 20 years ago what to do with $800, I'd have said anything full auto or HK. I didnt have much money then, and tried to get my boss to give up my pension money so I could buy a few more, as they were starting to rise quickly, but he wouldnt do it. I was talking to him early last year about it, and told him if he had cut the money loose, I would be retired now.

Yes, they can turn anything into contraband at a whim, but when they do, whats the most precious metal to have, gold, silver, or LEAD? :)
 

Mike P. Wagner

New member
Note how they can "un-contraband" things at a whim as well. I forget what prices on various "pre-ban" high capacity mags got to, and then the ban expired. I wonder how many folks "invested" in those mags?

Read any decent investment book - at least one not written by someone trying to sell you something. Before I started in on my 401(k), I read "A Random Walk Down Wall Street" by Malkiel, and some Consumer Reports book on investing. Get a clear understanding of risk/reward, etc. After that, you probably won't be "investing" is pistols (or gold for that matter) for anything more than an extraordinarily small part of your investement portfolio.

My guess is that "investing" in pistols is extremely high risk, and better have a corresponding reward. On top of all of the other risks, acts of various legal entites could suddenly and dramatically decrease the value of your investment. In theory, that could happen with most investements. But there isn't a huge political machine in this country trying to eradicate corn flake ownership, so my Kellog's stock is pretty safe. Even grandfathering in existing collections is not guaranteed.

Too risky for my blood. Collect them because you like them, but don't collect them as an investement. I am guessing that investing in pistols is like building wooden sailboats - you can make a small fortune. You start with a large fortune, and after a while you'll have a small fortune. :)

Mike
 
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