Winning the Gun Lottery

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buck460XVR said:
Very few of the firearms I own are worth less than what I paid for them. Problem is, none of them are anything I want to part with just to make a few dollars on them. I invested in them for the pleasure I get from them and the work they do as tools, not for any monetary return. My heirs will have to do that, if they so please.
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Leave in your will, your guns can’t be sold to fund a yoga machine or a Tesla
 
Mark_Mark said:
Leave in your will, your guns can’t be sold to fund a yoga machine or a Tesla
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Why? What difference would it make to me once I'm dead what my heirs do with what's left of my estate? If their financial priorities are that they prefer a Tesla or a yoga machine to dad's/grandpa's guns, are my feelings going to be hurt while I'm rotting in the ground?
 
buck460XVR said:
Why? What difference would it make to me once I'm dead what my heirs do with what's left of my estate? If their financial priorities are that they prefer a Tesla or a yoga machine to dad's/grandpa's guns, are my feelings going to be hurt while I'm rotting in the ground?
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I would haunt my boys if they did that. “Were’s my Guns…. ooooowwwwoooo”
 
Somebody's uncle was moving to Florida and wanted to get rid of some old guns before he left, this was in the late 90's.

I scored a crusty looking Winchester 73' in .38-40 for $100, his asking price. I sold it a couple of years ago for $1500.
 
Speedo66 said:
Somebody's uncle was moving to Florida and wanted to get rid of some old guns before he left, this was in the late 90's.

I scored a crusty looking Winchester 73' in .38-40 for $100, his asking price. I sold it a couple of years ago for $1500.
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that’s a winner!

I sold a 73’ 30-30 5 years ago for $250, mint condition… that was a loser
 
Mark_Mark said:
those JM 45/70 have gone nuts! I thought maybe $1,000 but now, $2000+
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My buddy is always sending me screenshots of JM Marlins on the uncle Henry's Maine website (internet firearms classifieds for Maine) and I've seen a few for well under a grand and looked to be in great shape. I've been waiting for one in 45/70. They all seem to be 30/30
 
DustyGmt said:
My buddy is always sending me screenshots of JM Marlins on the uncle Henry's Maine website (internet firearms classifieds for Maine) and I've seen a few for well under a grand and looked to be in great shape. I've been waiting for one in 45/70. They all seem to be 30/30
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I don’t understand the fascination with JM. someone tell me something I don’t know. Was it really that better of a gun
 
Ks5shooter said:
Yep got an SKS for that money a long time ago too I should have bought 10 dozen.
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I heard you could get SKS’s for as low as $79 K98’s for $100, Mosin was free, M11’were $199, … man! I’m drooling
 
Just picked this up,
Walked into the LGS and saw a clean Ruger MkII on the shelf for $300, I haven't seen one for that low of a price in a while and I think the MkII is the peak of the Ruger Mk's.
When I picked it up it came with the box, which was neat since they usually don't survive.
When I got home It was dry as a bone and seriously in need of lubrication. So dry that I started looking closer..and I couldn't find any evidence that it has ever been shot. No lube, no powder residue, no lead shavings, nothing. Dang thing is unfired, NIB. Probably doubled my money if I wanted to sell it.

MkII complete.jpg

MkII breech.jpg

MKII Bolt.jpg

MkII box end tag.jpg
 
As far as lottery wins in the past,
I paid $300 for this, worth probably 5x that amount even with the ugly incorrect grips

ppkrightsidemarkings.jpg

I paid $350 for this about ten years ago, underpaid by a lot even then, probably worth north of $1k even with incorrect grips

diamondback.jpg

I paid $1k for this from a guy that was getting out of shooting and just wanted what he paid for it, could easily double that right now.

USFA in box with acc..jpg
 
Some of it is down to perception. Some of it is due to the cruel nature of inflation, as noted above.
Sometimes you just need to flip your perceptions around.
I turned down a Ljungmen for US$450 in the mid 90s for not wanting to buy 6.5 dies [headsmack]
However, turning an AMT hardballer into a 1943 SC 03A3 was a pretty good deal.
 
CapnMac said:
I turned down a Ljungmen for US$450 in the mid 90s for not wanting to buy 6.5 dies [headsmack]
However, turning an AMT hardballer into a 1943 SC 03A3 was a pretty good deal.
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I went ahead and bought a Ljungman for $400 because I already had four other Swedish Mausers and lots of reloading materials for them.
I paid $700 cash for my 1943 SC 03a3, as I already had a 1943 03. I picked up a 1943 Winchester Garand a bit later. Now to hunt up a 1943 M-1 carbine and 1911a1... .
 
silicosys4 said:
Just picked this up,
Walked into the LGS and saw a clean Ruger MkII on the shelf for $300, I haven't seen one for that low of a price in a while and I think the MkII is the peak of the Ruger Mk's.
When I picked it up it came with the box, which was neat since they usually don't survive.
When I got home It was dry as a bone and seriously in need of lubrication. So dry that I started looking closer..and I couldn't find any evidence that it has ever been shot. No lube, no powder residue, no lead shavings, nothing. Dang thing is unfired, NIB. Probably doubled my money if I wanted to sell it.

View attachment 1095260

View attachment 1095261

View attachment 1095262

View attachment 1095263
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NICE!!!! love the mark 2
 
silicosys4 said:
As far as lottery wins in the past,
I paid $300 for this, worth probably 5x that amount even with the ugly incorrect grips



I paid $350 for this about ten years ago, underpaid by a lot even then, probably worth north of $1k even with incorrect grips



I paid $1k for this from a guy that was getting out of shooting and just wanted what he paid for it, could easily double that right now.

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Is that a Colt?

I bought on a promise a mint PP for my cousins wife. for $350, box and everything, perfect condition. Well she pawned it, long story, I didn’t get the gun or my money back. But family is thicker than water.
 
I think the best I did was a 1921 Colt Thompson that I traded for a S&W Model 36 from a cop in 1965. That gun is worth about $40,000 or more today if I were to decide to sell it.
 
medalguy said:
I think the best I did was a 1921 Colt Thompson that I traded for a S&W Model 36 from a cop in 1965. That gun is worth about $40,000 or more today if I were to decide to sell it.
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GOOD GREIF!!! $40,000 is a Ton of money
 
DustyGmt said:
I don't really know the answer to that either but somebody must know. They all seem to be listed with special emphasis in bold quotation marks as being a "JM" Marlin.
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lets look up the most expensive JM right now… brb

Ultra Rare JM Marlin 410 XLR .410 Stainless NIB Collector
$2900!!! wowo

MARLIN 1894S .41 MAG JM
$7500 !!!
 
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I hit the scratch off level lottery with Walmart clearance deals. A couple Savage Axis rifles with wood stocks for $12 out the door after rebate. They had about 4 synthetic stock rifles I could have made money buying after rebate, but I had to leave them there to have a clear conscience because I wasn’t positive a rebate check would get to me. I also got a Henry Big Boy 44 Mag for $169, a Ruger takedown for $184 and a Remington 700 308 for $150. Sold one of the Savage rifles and the Remington to upgrade my pistol collection with a S&W 3913 at a decent price ($500) and a Leupold Mark 6 for $750 (needed work and Leupold made it perfect for free). I feel I came out way ahead. Now I’m waiting for Karma to slam me.
 
I just realized one of my Wal-Mart Marlin 336s (with the gold trigger, but JM-marked) is worth at least $700 more than what I paid for it in the early '80s. (But sadly, given the rate of inflation, it's probably about the same amount in 2022 dollars.)

Mark_Mark said:
I don’t understand the fascination with JM. someone tell me something I don’t know. Was it really that better of a gun
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No, but they're better than the early Remington produced Marlins (RemLins). Can't speak to the Ruger-produced Marlins.

I do know that I've several nice S&W revolvers produced in the '80s and '90s that I probably picked up for between $129 - $450 used between about 2004 and the present -- that I know I could easily sell for anywhere from $900 to $1400. Model 19s, 66s, 27s, 28s are all commanding premium prices. Even Model 36s, 37s, 60s are getting obscene prices. And let's not even talk about any of the S&W or Colt revolvers in .22LR. I bought a Colt Police Positive from the early 1930s for around $200 a few years back -- it's in 98% condition, easy -- and the Blue Book on it is $850.

Clearly, older revolvers are commanding premiums.
 
d31tc said:
I hit the scratch off level lottery with Walmart clearance deals. A couple Savage Axis rifles with wood stocks for $12 out the door after rebate. They had about 4 synthetic stock rifles I could have made money buying after rebate, but I had to leave them there to have a clear conscience because I wasn’t positive a rebate check would get to me. I also got a Henry Big Boy 44 Mag for $169, a Ruger takedown for $184 and a Remington 700 308 for $150. Sold one of the Savage rifles and the Remington to upgrade my pistol collection with a S&W 3913 at a decent price ($500) and a Leupold Mark 6 for $750 (needed work and Leupold made it perfect for free). I feel I came out way ahead. Now I’m waiting for Karma to slam me.
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when you get a gift rifle it’s a gift, but nothing is ever free, you owe that person

But, when you buy a rifle for Walmart form $12…. that’s a HUGE Gun Lotto Win
 
Old Dog said:
I just realized one of my Wal-Mart Marlin 336s (with the gold trigger, but JM-marked) is worth at least $700 more than what I paid for it in the early '80s. (But sadly, given the rate of inflation, it's probably about the same amount in 2022 dollars.)

No, but they're better than the early Remington produced Marlins (RemLins). Can't speak to the Ruger-produced Marlins.

I do know that I've several nice S&W revolvers produced in the '80s and '90s that I probably picked up for between $129 - $450 used between about 2004 and the present -- that I know I could easily sell for anywhere from $900 to $1400. Model 19s, 66s, 27s, 28s are all commanding premium prices. Even Model 36s, 37s, 60s are getting obscene prices. And let's not even talk about any of the S&W or Colt revolvers in .22LR. I bought a Colt Police Positive from the early 1930s for around $200 a few years back -- it's in 98% condition, easy -- and the Blue Book on it is $850.

Clearly, older revolvers are commanding premiums.
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there’s something about a old revolver.. patina, smooth loose action, history, look. I like them. My buddy has a Old Rossi 38, and he just adored that gun, has a soul to it.
 
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