H&K P7 prices
- Thread starter Gary W. Strange
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waterhouse
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waterhouse: 
. Am stunned.
NIGHTLORD40K: That's a true beauty with the grips. For a fair bit less than the current price of two Bulgarian AKMs, that's an acceptable substitute, and I Really like imported AKs and VZs.
I want to kick myself for not being into handguns about ten years ago when some reasonable P7 deals were still. available. Turning a Krav Maga (self-defense) kick around into my 6 o' clock.
. Am stunned.NIGHTLORD40K: That's a true beauty with the grips. For a fair bit less than the current price of two Bulgarian AKMs, that's an acceptable substitute, and I Really like imported AKs and VZs.
I want to kick myself for not being into handguns about ten years ago when some reasonable P7 deals were still. available. Turning a Krav Maga (self-defense) kick around into my 6 o' clock.
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I get it, but there was no GB and forum participation was thin if you go back more than 20 years. Even just 10 years ago, GB and other online sales didn't have enough market share to be truly reflective of the greater market. GD Blue book might not reflect actual market prices all the time and it certainly wouldn't reflect price fluctuations due to rapid (panic) changes in demand. But it would be a somewhat consistent source that goes back at least 40 years. Prices for more obscure firearms would probably be the least accurate, but they should be more accurate for the most popular guns. In an event, it would just be a curiosity to see how used gun prices have changed over the years and how they've compared to other assets.
NIGHTLORD40K
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Wow!
NIGHTLORD40K
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Well, these are the "target model" Nils which have a rather thick thumbrest on the left-hand panel-
Im not super crazy about them. Ive gotten really good groups out of this gun, but it takes a few seconds to get a proper grip. Ill be swapping them out for the regular Nils soon.
So, if anybody is interested in these, PM me Ill make you a good deal.
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Gary W. Strange
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Wow! What they are selling for now, you got some serious $$$$. If you don't mind me asking? What kind of money did you buy for? Just a price range and when. I am just trying to get an idea of when they started climbing in price. You have some very nice pistols. They all look to be in excellent condition.
Gary W. Strange
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I totally agree with the bluebook. The way I gauge prices on firearms, is by looking at what they are selling for on the auction sights. I go by guns that are actually selling and have bids on them. I have seen guns priced so high, they stay up, for sale, for a year or longer. What they are getting bids for, is real world. I have heard it said firearms are not good investments alot. I believe they are. They are something you can buy, good quality and condition, take care of them, enjoy them and still sell later on down the road, make a bit of profit on and have the joy they give in that time. There is no stock or find out there that can give a person thst. In fact most, like myself, just track and worry about the price falling. If I buy for $1000, keep it for 10 years, enjoy using it and sell it for $1500, that is a profit and it is not just on paper. Inflation added in or not. It's still more than I started out with, in my pocket.
WVsig
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I hear what you are saying but to me what you are describing is a hobby not and investment. To me the a good investment is something that makes me money at a higher rate than other "investments". Investments by definition can loose money. LOL Guns in general don't make you money. Avg firearms lose money. Things like Glocks, M&Ps, Sig P320 etc... all are worth less the longer you own and use them. There are exceptions like first year Glocks 17s but in order to maximize the value you had to leave them in the safe and keep all the packaging much like an original Star Wars toy you never played with. LOL There are exceptions to the rule but in general guns depreciated. They do not appreciate. Even those that do for the most part barely beat inflation and if they do they do not beat other simple and fairly low risk investments in things like a S&P mutual fund or total index mutual fund.
Lets take your example. I paid $1000 for a gun in 2010. It is now worth $1500. Inflation out that gun at $1208. So you really only have $300 worth of profit when adjust for inflation. Compare that to the S&P 500 your $1000 with dividend reinvestment is now $2125. Your real profit adjusted for inflation is $900.
This is why I say what you are describing is a hobby not an investment. The majority of what you have gotten out of the $1000 gun is enjoyment for 10 years. That is not something that has a monetary value that you can calculate, sell or recoup. That is why guns are a bad investment. I love owning guns. I love watching something I have in the collection appreciated in value but interesting is not the primary reason I own it. I own it because I enjoy the hobby of shooting not because it was a wise investment.
Sorry for the thread drift. To get back on topic it seems like the P7 guns are at an all time high in terms of pricing. I think that they will continue to rise over the years but I think that they are leveling out in terms of pricing. I do not see them doubling in the next 10 years which would be about a 7.7% annual rate of return. I would guess it will be closer to 3%-4% but that is a guess.
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waterhouse
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Probably got my first one in 2000 to see what the hype was about. It was a good deal at the time for about $650. Liked it so much I bought another for closer to $800. I carried that first one nearly daily for about 17 years.
Around 2006 or so the police trade ins hit the market with list prices from $450 to $700. I called to place an order and ordered 5, and the guy offered a decent price break if I bought 10. I asked what he could do if I bought 20 and we came to a deal.
I’ve sold several off over the years, mostly to friends and family who missed out but a few to strangers at the range who offered me way too much money to buy my carry gun after they shot it. “Well, this one’s not for sale, but I have another one at the house you can buy.”
I’ll say this: In my opinion, compared to some of today’s offerings they aren’t the best carry option. Heavy, expensive, low capacity compared to some smaller guns, and the heel mag release on the PSP series is a bit slow on mag changes. I finally switched to a P365, but I do carry the P7 occasionally.
weatherbychance
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I learned about the P7 in the 1980s and was so intrigued and wanted one, but they are very expensive. When I was able to afford one I was thrilled. The accuracy is way beyond what i am capable of due to its design.
The downside of the gun is that nothing else operates that way with the squeeze cocker, so you really have to commit to it if you are carrying it for defense. It is also heavy compared to polymer guns and so I am a Glock man but I have my P7 and love it.
The downside of the gun is that nothing else operates that way with the squeeze cocker, so you really have to commit to it if you are carrying it for defense. It is also heavy compared to polymer guns and so I am a Glock man but I have my P7 and love it.
Rock185
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I bought a new P7 back in the '80s just because it seemed like a neat gun, with no thought whatsoever about it being an investment. Later in the '80s, ordered a new P7M8 and, an extra magazine at the same time. Again, with no thought of the gun being discontinued, inflation, investment,etc. I think it came to about $850 total. Still have the P7M8. Since about any gun I buy is guaranteed to significantly depreciate, I'm amazed I could still get my money out of this one
NIGHTLORD40K
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If I win the lottery and aquire an M8 in the future, I would carry it. The "pointability" and accuracy, along with the ability to put lots of rounds on target quickly thanks to the decreased muzzle flip, would make this a very effective SD handgun. Yes, its a little heavy, but slim enough to conceal easily.
Gary W. Strange
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I am not in anyway saying you can expect high return rates on a firearm, and certainly not a glock or any polymer gun. I consider polymer gun to be in the same class as a good hammer. In the scheme of things, good quality firearms, of good quality, made by a good company, have held there value and gained value over time. Even in the times the markets are down. While the virus had the markets down, prices on good quality firearms did not fall and some even went up in value. A quality firearm will at least hold it's value year after year, while stocks and funds are going to go up and down. Not saying you can expect high returns, just saying they will hold there value over time.
weatherbychance
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If you want to talk about return on investment, I bought Corbon and similar ammo maybe 30 years ago at the high price of $0.40 or so per round and it costs about $1.10 or so. Now that is probably not even keeping up with inflation, but compare to Glocks I bought 30 years ago, for maybe $500 or so, and they are $700 or so today, which is actually less money than what I paid back then.
Ammo is probably the better investment.
Ammo is probably the better investment.
They're a more accurate way to gauge the market right now, for sure. Unfortunately they're pretty useless if you're interested in the pricing history. That's the only benefit of the dead-tree price guides. The actual price might be inaccurate, but you can see trends over time.
WVsig
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It depends who does it and how well it is done. Robars NP3 was very popular back in the day.
kBob
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C0untZer0,
OH NO!!!! Not the dreaded GOLD Talons!
Sorry, had to do it.
Very nice nightstand contents. Thanks for sharing it with us. Back when we started the NRA course in my club I used mine to demonstrate the Point Shoulder "unaimed" fire technique that was in the book and I think it is an excellent flash light in one hand gun in the other and point gun. Mine liked the Black Talon ammo... unfortunately the media did not.
-kBob
OH NO!!!! Not the dreaded GOLD Talons!
Sorry, had to do it.
Very nice nightstand contents. Thanks for sharing it with us. Back when we started the NRA course in my club I used mine to demonstrate the Point Shoulder "unaimed" fire technique that was in the book and I think it is an excellent flash light in one hand gun in the other and point gun. Mine liked the Black Talon ammo... unfortunately the media did not.
-kBob
I think I recall that a more popular refinish was Hard Chrome from Fords and Tripps. It is a bit harder than NP3...which is electroless nickle with a teflon component. I believe Tripp not longed does Hard Chrome, but another good source is CCR
WVsig
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Hard chrome was also very popular. Mahovsky is also a very good vendor for Hard Chrome. http://www.mahovskysmetalife.com as well as Fords. https://fordsguns.com
Here is a huge thread on HKPRO for 2010ish talking about popular refinishes on the surplus guns of the time. https://www.hkpro.com/forum/hk-handgun-talk/119317-end-all-all-p7-finishes-thread.html
bannockburn
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WVsig
I had one of those "plum" colored slide P7s and thought about getting it Metalifed by Ron Mahovsky. But I never quite got use to the squeeze cocker mechanism and ended up trading it in on something else. Just wasn't my cup of tee!
I had one of those "plum" colored slide P7s and thought about getting it Metalifed by Ron Mahovsky. But I never quite got use to the squeeze cocker mechanism and ended up trading it in on something else. Just wasn't my cup of tee!
msmp5
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Hope it is not too inappropriate to resurrect this rather old thread, but...... I have a NIB H&K P7M13 that I bought in 2002, it is also date coded AC which I think is the same year code. It was an H&K USA (Virginia) import, and I think I recall being told at the time that H&K would stop importing all P7's around 2002 or 2003. (Can any of you H&K experts confirm this?) I've never shot it, yet...... but, considering it. However, this thread got me wondering what a NIB P7M13 might be worth in today's market...... need to let my kids know what they could get for it if I turn into Corona Virus Zombie!
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