Home Forums Hunting & Shooting Hunter's Campfire Who thinks gun collections as investments is going to be a flop ?

A gun enthusiast would already have the guns of his choice so would not have to buy in a seller's market. You do suck at capitalism.


mike r

People who weren’t gun enthusiasts paid $2,000 for Norincos? Naah, you price-gouged ‘em and then bragged on it here. No worries, you prob’ly didn’t need ‘em as repeat customers.

Birdwatcher
On track to become the most principled guy living under the bridge.

Did some reading a while back after reading about Harley Davidsons future business plans - things are changing at a fast pace with the younger generation . Happened across an article/blog saying that things like the rock climbing walls in shopping malls were mostly gone - other stuff due to lack of interest etc. .
I know quite a few lads from 35 years old down to 20 years olds and basically none of them have any interest in nice rifles - firearms in general - one has an AK-47 the other M1A that his Dad gave him .
I'm in two leases and the number of youths has dropped off a lot in the last ten years - Dads say their kids just aren't interested in anything outdoors . The ones that do come live on their phone the whole time - 9-10 years old on a phone constantly - no interest in hunting or gun talk .

That leads me to believe that many will inherit firearms or dad/grandad will try to sell them off and all of us ''mature'' guys will be full up on guns . That will lead to a huge surplus of unwanted firearms .
You reckon ?

People who weren’t gun enthusiasts paid $2,000 for Norincos? Naah, you price-gouged ‘em and then bragged on it here. No worries, you prob’ly didn’t need ‘em as repeat customers.

Birdwatcher
On track to become the most principled guy living under the bridge.

you can only price....gouged em…...if they let you......little old ladies excepted...….bob

Mr. "Principle".
You know , that guy that is still telling students, co-workers and fellow homeless people on Salvation Army free hot dog nite, how he pedaled and toiled all over the west last summer.......

Did you have a stationary bike in the motor home you toured in?

I've never really looked at mine as investments, although I suppose they are worth a little money. The rare firearms will always be worth some money, and if you're a collector of say, 1873 Winchesters, then your rifles will always have value to them. On the flip side, if you bought some AR's years back when they were fetching a premium, and you want to sell them now, you're going to lose money.

As an example, my late brother had a nice gun collection, and when he knew he was dying from cancer, he told his wife that it was his wish to use the guns to help send his grandkids to college. My ex-sister-in-law contacted me recently about helping her sell some of them, and I agreed to do so. She had gotten a neighbor, an "internet expert" to look up some prices on some of them, and of course the fool went on Gunbroker and looked up some of the prices on guns that someone is hoping to sell for more than it's worth. When I told her that her $1200-1500 rifle is only worth $500 today, she must have thought I was lowballing her, because I haven't heard back from her.

The thing that a lot of people don't get is that while some guns hold their value, and even increase, others do not, and with this being a buyers market today, many sellers are disappointed when they try to unload theirs.

Yep, and we were very blessed being born when we were.