doublegunshop.com - home Forums General Discussion DoubleGun BBS @ doublegunshop.com Looking for info & opinions on investment guns.

I concur with the other posters in the main. Except, as we all know, money in the bank loses its value over the years. You can't go pigeon shooting with a bond or a savings book.

If you have what you need to live on, spend your extra cash on a good gun in good condition and you can use it until you need to sell it. You may make a profit, you may just get your money back. But you will have been enjoying that money in the gun for all those years - something you don't get from a pile of cash.

I have said it before - buy a Purdey for £15,000 use it for ten years and sell it for £15,000: you just had ten years' rental of a best London sidelock for $0.00 per annum. Now if they were advertising that rate at the local gunshop we'd all be in the queue!

The only true exception has been the Parker repro's. I remember not too long ago, you could get'm for under 2 grand new. Now look at them...........28ga.'s used are pushing 4 grand. Not bad return sittin on them for a few years.

True investment guns start well above $10,000 and you have to know the limited market- and know it well. If you had enough money and time you can gain a serious profit in high quality top shelf English and european doubles- that is a big IF.

Under $5000- you need to be in the right place at the right time and know exactly what you are buying. Condition is everything.

al

I oppose guns are not for investment, but I will say it's not the best investment venture one should take. That said, if you are looking for a higher growth, guns are probably not the right choice. Buying a gun to toy around, provide you take care of it and sell it in a few years to making a little profit and that, I believe, is achievable.
Those mentioned in the earlier are good choices and you can also benefit from some of the higher grade European guns if the Euro keep on rising like the way it did in the past 7 years.
Any investment has some risk involved, usually the return is coherent with the risk and a bad investment would be if the risk is greater than the return so I would not consider buying a nice gun is high risk.

I agree with John and Al.
The down side of your proposition is the significance of your investment. Just not a whole lot of guns of that price range yield good growth in value. At least, not right at the moment. Kinda like a 3 bedroom house in Detroit.

The RBL may have offered an investment oppertunity if you had bought a few. But investment is really not the word to use here. Perhaps reasonable increase in value if you played your cards right kind of thing. Guns were made to be used and that is their best use.

Boeing stock would have gained you 16% if you'd have gotten in Jan 1 or 33% over the last year. Some other popular mutual funds have done in the 20-30% range.

Purchasing guns for investment purposes can certainly be done. However, it is not a venture that can be done in volume. In other words, while high returns are achievable, high turn over is not.

I have been partaking in this venture on occasion over the past few years and have purchased multiple guns in the $1-3k range that have returned 40-60% in less than a year. In fact, I recently purchased a gun for $3200 and was offered $4000 from another buyer before it had even left the seller premisis....(the gun is worth well in in excess of $5k, so no, I did not take the money).

The moral of the story is...if you are very good, you can support a portion of your hobby, however, it will never be something that will generate a substantial income.

JRH

I have lots of "investment grade" guns now, glad to sell you all you need and then even more. The ones that are not now, no problem. I will say the "gun dealers prayer" over them and then they will be. John

Thanks folks. looks like the best bet is to buy what I want to play with & if I make a profit later great if not good guns don't go down in price.