Sig Sauer "Scorpion", investment?


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MikePaiN
November 20, 2012, 05:13 AM
There is an unfired asNIB 9mm P229 Scorpion that is available locally, which has been crazy tempting me for a few weeks now. The asking price is fair, actually below what they are going for on the web and it includes 2 extra mags.

Here's the deal, I absolutely don't need this pistol. High end guns aren't typically my thing, I stick to shooting plain ol' black Glocks and Rugers, which I'm happy with. These "basic" guns are an easy sell if I want to change up or need a few bucks.

Even at the "decent price" this Scorpion is double what I usually pay for a handgun. I'd more than likely not shoot it. So, the question is this firearm worth buying as an investment? Are these "fad" guns? Will they hold value?
It is a Sig Sauer and unquestionably a great looking and unique gun with all Sig's top end enhancements and a professional CeraKote paint job to boot.

When I look them up on GB there are quite a few Scorpions for sale....I don't believe I saw even one with an active bid. Also, the one I have my eye on locally as been posted for weeks with a active seller, yet good deal & all, it still sits......This makes me very hesitant to fork out the cash as an "investment".
thanks

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WC145
November 20, 2012, 07:19 AM
I don't think there will ever be any big collector interest in the SIG. They're nice guns but nothing particularly rare or special. If you want a cool piece go carry and shoot get it, if you want to save it to make money on it down the road you'd be better off putting the money in a CD. Or buy ammo, better chance of that appreciating than the SIG.

MaterDei
November 20, 2012, 08:24 AM
I'll preface my comments by saying that I'm not a collector of fine, collector quality firearms that are not shot so do not know whether they are good investments. I do have several decades of experience in buying and following prices on your basic gun collection items. The Sig would be included in this list.

Well taken care of guns are investments in the sense that they provide a good hedge against inflation. They generally don't appreciate much in value beyond inflation but they do hold their value remarkably well. An unfired pre-owned firearm will be worth minimally more than a well taken care of gun that has been fired. To me, the enjoyment of shooting is worth WAY more than any potential loss in value that results from shooting them.

So if this is the type of investment you're looking for, then absolutely, the Sig is a good investment, just as your Glocks are.

WC145 is correct. Recent history would suggest that ammo might be a better investment vehicle.

chris in va
November 20, 2012, 08:28 PM
They won't gain value, if that's what you're asking. The dollar has lost value over the years so a $400 gun ten years ago now costs $600.

Bovice
November 21, 2012, 03:46 AM
If you want it and can buy it, do it. It's going to be a pistol that will give you generations of service with regular maintenance.

ku4hx
November 21, 2012, 05:11 AM
Any item is an investment only if there is a reasonable expectation of 1.) it will appreciate in value and 2.) there is a ready market for its sale.

Sigs are good guns and highly valued as shooters, but as an investment you're likely to come up on the short end of that deal. There are far too many of them out there and there's nothing really rare about them.

MikePaiN
November 21, 2012, 07:49 AM
Thank you for the advice and opinions.
My thinking on this was pretty much comfirmed by what you all posted... As an investment the Scorpion wouldn't be the wisest move, even at the $875price I could get it for. They are more or less a cool toy for those that can afford them.

bowserb
November 21, 2012, 08:04 AM
If you have $875 to spend on a gun, how about an AR? Pre ban AR15's went way up in value when the 1st AWB went into effect in 1994. A new AWB is coming, and if it happens, and you have a quality AR15 with a half dozen or so 30-rd mags, you could make 50% on your investment in a year.

Bovice
November 21, 2012, 09:31 AM
Don't rule out used SIG P-series guns. They're an excellent value and still have more life left in them than you do.

The Lone Haranguer
November 21, 2012, 12:15 PM
"Investment" suggests that you want it to sell at a profit. I don't see this happening any time soon. Even if it does in 20 years, you have to consider the inflation rate over time.

bowserb
November 21, 2012, 12:42 PM
"Investment" suggests that you want it to sell at a profit. I don't see this happening any time soon. Even if it does in 20 years, you have to consider the inflation rate over time.
From what I've seen, guns as collectibles with a profit motive, are generally pretty disappointing. About the only thing that's going to make most guns worth more, is if it becomes illegal to make any more. The 1994 AWB made money for some people who were willing to part with their pre-ban AR-15's.

In the event a new AWB happens--and you can't discount the desire of the liberals to get rid of those ugly black rifles--an $875 purchase today could be worth half again as much a year from now. That is, of course, only if the worst happens. If not, an AR-15 is still good to have and shoot.

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