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Joined: Mar 2011
Posts: 2,978 Likes: 105
Sidelock
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OP
Sidelock
Joined: Mar 2011
Posts: 2,978 Likes: 105 |
Why are double guns especially English, dropping in value with a soaring and bull stock market? And American guns aren't that great either. The DOW is 23,500 for Christ' sake. There's gobs of money out there. You got me as to why??
Socialism is almost the worst.
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Joined: Dec 2012
Posts: 3,063 Likes: 565
Sidelock
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Sidelock
Joined: Dec 2012
Posts: 3,063 Likes: 565 |
Just a theory, mind you, but I suspect it has more to do with demographics and politics than money. As the Boomers head for the exits, their toys and hobbies will likely head there with them. As much as I hate to admit it, our country is changing now at a fairly-rapid pace. I find many of those changes both alarming and distasteful (I am a Boomer after all, albeit towards the tail of that "pig in the python"). Cars, real estate and other big-ticket items are also similarly challenged.
Own stuff because you love it, not because you think it will be a good investment.
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Joined: Jan 2002
Posts: 9,711 Likes: 730
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,711 Likes: 730 |
What Lloyd said. Anything 12 gauge is tougher, it seems, inspite of it being the most vesatile. If M. McIntosh and D. Zutz were still writing books about double guns, I supect they would be complaining how hard it is getting to be to sell them, too.
Best, Ted
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Joined: Feb 2003
Posts: 4,033 Likes: 45
Sidelock
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Sidelock
Joined: Feb 2003
Posts: 4,033 Likes: 45 |
So, point me at a bargain.
All I ever see is overpriced shit.
Where are these great deals?
"The price of good shotgunnery is constant practice" - Fred Kimble
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Joined: Aug 2008
Posts: 548 Likes: 54
Sidelock
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Sidelock
Joined: Aug 2008
Posts: 548 Likes: 54 |
What Lloyd said! The stock market is only providing $$$ to people who have money in it. And if you have money in the market, you aren't pulling it out to buy an asset that has questionable long term value (at this point in time).
Of course, I'm with shotgunjones and can't find a great deal.
Ken
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Joined: Mar 2002
Posts: 7,693 Likes: 450
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,693 Likes: 450 |
My late Great Aunt and late mother both had entire houses full of antiques and fine china. The value of it has dropped by more than half in the last 20 years of their life. And it has continue to go down in value. Since demand for antiques is low, even in my family, I had complete choice of what I wanted. But still, I can only deal with so much stuff. It is the same with guns. Interest is dropping every day in the general population so as demand goes down and soft prices are getting worse. Decent Fox shooters, which would have brought 800 ten years ago, are worth more like 500 now. Beaters are just about impossible to sell and same with worn out British doubles. High quality will always have a market but lesser guns will not bring decent prices ever again.
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Joined: Jul 2007
Posts: 369 Likes: 2
Sidelock
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Sidelock
Joined: Jul 2007
Posts: 369 Likes: 2 |
I keep hearing about this, but everything I'm looking at does not seem and cheaper than 3 or 4 years ago. Maybe the middle end of the English gun market hasn't changed? I did have a heck of a time selling a mid level Spanish double 2 years ago, but English guns seem high and often over priced still
NRA Patron Life Member
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Joined: Apr 2005
Posts: 1,109 Likes: 91
Sidelock
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Sidelock
Joined: Apr 2005
Posts: 1,109 Likes: 91 |
If the price seems high its because of a wishful seller trying to get his money back. Make an offer.
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Joined: Oct 2009
Posts: 6,469 Likes: 386
Sidelock
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Sidelock
Joined: Oct 2009
Posts: 6,469 Likes: 386 |
I look at it as an amazing time to buy high quality guns to use in the field. Its a time to hunt with some the best guns ever made. There are better ways to make money.
The world cries out for such: he is needed & needed badly- the man who can carry a message to Garcia
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Joined: Feb 2009
Posts: 7,444 Likes: 204
Sidelock
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Sidelock
Joined: Feb 2009
Posts: 7,444 Likes: 204 |
It's very likely that sales for the entire industry is down, the threat of increasing restrictions have eased for now. After that, discretionary spending means hugely different things to different people, and probably lags day to day stock market swings. I'd bet looking over statements for smaller stock based funds might have a bit to do with confidence in spending.
By many accounts here, the preference is cultivated with very few started on doubles, but almost none that are in the market for used single shot 22's and pump shotguns. We'll see.
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