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

Hrenegade,

That is exactly the way to go. Every gun I have ever purchased with an eye as an investment has always been something that I enjoyed shooting before passing it on...

JRH

Here is a picture of one example I purchased this spring, and have been offer 30%+ over what I paid for it within weeks of purchase.

Many of the posters have bought guns that are worth more than they paid. However, the real money in guns, the way the dealers do it, is to buy good guns 25% below the market and sell immediately. There is no way you are going to improve on 20% profit in one week. Keeping a gun for five years will not come close to the 20% per week appreciation no matter what kind of gun it is. Ask a gun dealer how many guns he has in the back room that he plans to bring out in August of 2012. He has none.

Eightbore,

Very well stated, if you go back and read my comments on the guns I have I purchased for investments, I have received offers on all of them within weeks of purchase, a sure sign of a true value.

The one exception to this rule is the rare bird that is in near 100% condition internally, but in poor shape cosmetically, and can easily be refinished...

JEH

JRH, keeping a gun for years that has appreciated 33% from its purchase price in an hour is not good investing. Selling such a gun and reinvesting that money is good investing. However, most of us don't do it that way.

I look at this a bit differently, there is a wide range of double shotguns and single-shot rifles. This year some single-shot rifles will pass 50K and head for 100K a very specialized field. What type of single-shots do you have an interest in? As always I suggest that a person with your questions do not buy guns but buy the books that deal with what you have an interest in. The guns will come later and at a much reduced price. The more you know the less you pay.

Hitting a bid just because you have a nice profit in a short period of time is not good investing….Being patient enough to liquidate your piece of inventory when the price is no longer commensurate with its replacement value is...

Having traded literally billions of dollars worth of equities over the past decade, I can safely say I am well attuned to investment value and psychology...LOL

JRH

Serious gun dealers see it differently than stock traders. Stock brokers don't buy stock from widow ladies at 36 cents on the dollar. If they could, they would put them on the market on the same schedule as gun dealers do, as soon as the widow lady is out of sight. There is no crime in buying low, but dealers who make a living doing it do not hang on and wait for further appreciation, they sell as soon as possible.

Which is exactly why I already stated an investor would never make a substantial amount of money doing it....

JC

The great thing about this bulletin board is its hundreds of active members -- many who've been here for years and contributed thousands of posts that have helped so many of us build better collections. Some make their living, one way or another, in the shooting world, but most have other professions and may be quite accomplished in other areas, as well. Here, "seated among us," are a group of veterans who make up what has to be, without a doubt, the "dream team" of collecting "investment-grade" guns. Some have deep pockets and buy whatever they like whenever they find it. Others have gathered up amazing collections over a lifetime of hard and cautious work. A few are recognized as the world's best in their area of research expertise (and perhaps literally "wrote the book"), or are the honest-to-gosh most accomplished craftsmen (stockers, engravers, restorers, etc.) to be found anywhere. Although we seldom hear much about it, most here have made some extremely smart purchases and handsome profits over the course of their collecting careers (quite a few on a regular basis, I'm sure), and some have bought and sold literally thousands of guns over decades of collecting. To my constant amazement, they know simply everything there is to know about any gun you could name. My hat is off to each of them! TT

Well said TT...

JRH