Originally Posted By: obsessed-with-doubles
OK.

Here's an example. Purdey at Cabela's gun library

This Purdey needs a total re stock and new bbls.

I think it will cost you $20-$25,000 to get all the work done right - maybe more.

When all the work is done, the gun may be worth more than $12,000, but it won't be worth same as a good, all original Purdey with comparable condition.

That's what I believe, anyway.

OWD


I guess this is the line of thinking I have never understood about this topic. Given this specific gun, you say it needs new barrels and a total re-stock. Ok, so if you don't think it is worth the $25,000 to have the work done (which I'm assuming you mean by Purdey themselves due to the price), what is the gun worth as it is? In your opinion it is worth a net of $0 (or a negative value) because it it would cost more to have it restored than what it is worth. We might as well saw it in half and throw it in the dumpster. I would argue it would have more value than it currently does, it if was expertly sleeved for somewhere around $2000-$3000. Not sure why it needs a total re-stock, unless I missed something other than the hideous rubber recoil pad which is another argument altogether.

I guess my only point is that I believe the gun would have more value than it currently does if it was restored to be a shooter, which is what it was designed to be. How much more? I don't know, but I think you could certainly re-coup the cost of the sleeving and make a small profit. As opposed to it's current condition of possibly not being shootable.

As for looking at this gun as a collector piece only, you opinions might very well be right. But to answer the main question of this thread, I do believe value could be added to this gun by having certain repairs done.

“I left long before daylight, alone but not lonely.”~Gordon Macquarrie