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Old 02-15-2016, 02:41 PM   #1
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guns are a terrible investment

make a list of all your guns, prices you paid, figure inflation at 5% per year, doubling in 15 years, that is, and then take the list to a few FFL dealers, pawn shops, etc, and see what they will give you for the total "collection". you'll curse and swear that you'll toss them into a lake first! cause the number will be HALF what you think it will be! :-) at most. Auctions take a lot of time to set up/advertise properly and you have to give a pretty big cut to the auction house.

you'll do better putting your money into bullion and rare gold coins. but the rare "numismatic" coins take the sort of knowledge that a member here has about antiques. :-) or you'll lose your butt.
 
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Old 02-15-2016, 03:51 PM   #2
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Well said and right on target. Guns for the most part are a poor investment. As you said gold bullion and rare coins would be solid investments. Very wise nitko.
 
Old 02-15-2016, 03:54 PM   #3
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I don't think that anyone in their right mind would buy a firearm as an investment unless it had significant, proven historical value. Otherwise you are only kidding yourself.
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Old 02-16-2016, 12:23 PM   #4
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Quote:
Originally Posted by Garand View Post
I don't think that anyone in their right mind would buy a firearm as an investment unless it had significant, proven historical value. Otherwise you are only kidding yourself.
Working guns, absolutely. Curio and Relic are different. The SKS"s, AKS, Yugo Mausers, CZ82's, and Makarov's I bought at bargain basement prices have all gone up considerably. That said, I've never bought a gun for an investment.
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Old 02-16-2016, 02:15 PM   #5
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I've probably sold 5 firearms in the last 6-7 months. The continent is currently under going a mild recession, prices are not what they used to be. Even so I have managed to break even of make at least 5% on the firearms that I have sold. Patience these days is the key.
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