Neither one. The market topped out on most English stuff a few years ago and it hasn't come back. English stuff was soft at the last Julia's auction and there are tons of high-quality English guns on the market right now. Just go to Gunsinternational and search for Purdeys.
If I wanted a Purdey or a Holland, I would look for all original, pre-war guns, cased, lots of condition. That's what people will always want.
Find a dealer that has something on consignment and then hammer him on the price. The dealers wants to sell so he can at least make some money, and the consignor is probably tired of waiting for some cash. Make your money on the buy, not on any thoughts of appreciation.
That being said, real nice, all original American stuff seems to keep going up - at least in the small bores.
Other than that, just enjoy life and forget about all this fiscal cliff stuff. It's just the haters, media & political interests whipping you up so you'll pay attention and do what they want.
OWD
