charleslee
Member
I have (1) Saiga .12 guage and am considering getting a second one, if possible, as an investment, since they are hard to get and soon you probably won't be able to get one. Suggestions, comments, etc., pls. Thank-you!
2nd. Saiga .12 guage as investment?
- Thread starter charleslee
- Start date
- Status
oneounceload
member
IMO, buy stock in Exxon instead........YMMV
Best case scenario:
You buy one at $500 and next year it's worth $700
Worst case scenario:
You buy one at $600 and there's a flood of them from Russia and now they're plentiful and selling at $475.
It's not a sure thing, and honestly, I've heard from people in the know that there are gonna be LOTS coming in soon.
Do what you will, but unless you're going to USE it, I wouldn't bother....
That being said, I own 3.
You buy one at $500 and next year it's worth $700
Worst case scenario:
You buy one at $600 and there's a flood of them from Russia and now they're plentiful and selling at $475.
It's not a sure thing, and honestly, I've heard from people in the know that there are gonna be LOTS coming in soon.
Do what you will, but unless you're going to USE it, I wouldn't bother....
That being said, I own 3.
Frog48
Member
Depends what you mean by "investment".
If you mean, buy it as a gun you'll keep forever, and pass down to your children... then sure, why not.
If you mean, buy it on the speculation that it will appreciate in value at a greater rate than inflation, then I'd say "no way!"
If you want to profit over the long term, there are much better ways to do it.
If you mean, buy it as a gun you'll keep forever, and pass down to your children... then sure, why not.
If you mean, buy it on the speculation that it will appreciate in value at a greater rate than inflation, then I'd say "no way!"
If you want to profit over the long term, there are much better ways to do it.
Sergeant Sabre
Member
Even a low-yield CD is a better investment than any firearm
saigafreake
Member
- Joined
- Apr 7, 2008
- Messages
- 111
Id get it before obama gets in.
Ben Shepherd
Member
Right now, good luck finding one NIB for sale. And with the thing over in Georgia?
Not to mention a good backup is ALWAYS prudent.
Not to mention a good backup is ALWAYS prudent.
Earlier this year I bought a Saiga 12 for $438 and sold it shortly there after for $800 on gunbroker. That is a return MUCH greater than any CD I've had.
I also bought another 7.62x39 earlier this year. They are now selling for around $100 more only months later. If I were to sell it I would again greatly out pace a CD. It would probably be around a 20% yield in only a few months.
In fact, I have many guns that are worth more than when I bought them even with inflation figured in.
Will you buy one now at $600 and be able to sell it for a lot more? Who knows? I doubt, however, that they are going to go back to sub $500 range even if there is a increase in supply.
If for what ever reason they became unavailable they will sure become much more valuable.
Last edited:
machinisttx
Member
Funny, my local dealer told me he could get me one for $500 a month or so ago, but the distributor was out of stock. When I bought mine roughly a year ago, dealer price(what they paid) on them was $363 and some change. I paid $453 and change OTD for one. My local dealer could have had me OTD for $435, but like now, the distributor was out of stock.
Funny thing is, fools were paying $600-$700 for them then at their local dealers. IIRC there's a quote about fools and their money.............
As far as shotguns go, they're mediocre. Poor controls, less than optimal choke configuration, BAD pointability, don't swing well. About all they have going for them is the detachable magazine, and that's a mixed bag in itself. Factory mags aren't cheap, and AGP ten rounders are around $50 each. The whole drum thing is amusing to me....I can buy another shotgun(not a saiga) for the price of a drum and have something more usable to boot. Further, it's well known that leaving the mag loaded and stored in the gun deforms the rounds and sometimes causes feeding issues. If the bolt is retracted with a full magazine in the gun, it damages the rim on the top round.
The uber taktikul BS has damaged some people's minds apparently........
So he really couldn't get you one for $500 then? Oh, and $500 is not sub $500 range anyhow.
I dont doubt that one can find them for lower that, infact I have bought two more at sub $500 just recently. However the more part of shops and well known online stores have no reason to reduce their prices when the things are flying of the shelf and they literaly can not get enough imported to come close to meeting the demand. One of the local shops I talked to told me that after getting in a shipment of 20 they were all sold with in 24 hrs. When I auctioned mine on GB it took 2 days for the bidding to skyrocket to $800.
As for the virtues and faults of the S12 that is a different discussion. It suffices to say that they are VERY VERY popular shotguns.
Dr. Tad Hussein Winslow
member
- Joined
- Nov 14, 2007
- Messages
- 13,146
I would think yes, quite definitely would be a good investment. Worse case, it retains same value.
machinisttx
Member
He could, if I had said "put one on order for me". The other dealer I use on occasion could probably get me one for slightly less IF I told him to order one.
rcmodel
Member in memoriam
No, the Worst case scenario is:
You buy one at $600 and Obama & his Democratic congress totally outlaws them with no Grandfather clause.
rcmodel
You buy one at $600 and Obama & his Democratic congress totally outlaws them with no Grandfather clause.
rcmodel
What's wrong with the controls? Same as an AK. Are they bad? You can get a polychoke for the 12 & the 20. Dial it in for whatever you want. Pointable? I've heard of a lot of poeple have fun shooting skeet with these no problem. Still bad, then get a tax stamp and a 8-12" Tromix! The AGP's can be had for low $40's at times. A lot of guns have expensive mags.
Prince Yamato
Member
The only semi-autos that make good investments are ones that are no longer made and are rather rare:
Ex: Steyr AUG (the original semi-auto ones), HK-94s, Beretta AR-70s, etc.
Kalashnikov anythings usually are not "investment" guns. There will always be Kalashnikov clones on the market. Buying in anticipation of a ban and selling at a higher price during the ban is not getting a return on your investment, it's profiteering.
Ex: Steyr AUG (the original semi-auto ones), HK-94s, Beretta AR-70s, etc.
Kalashnikov anythings usually are not "investment" guns. There will always be Kalashnikov clones on the market. Buying in anticipation of a ban and selling at a higher price during the ban is not getting a return on your investment, it's profiteering.
Sunray
Member
"...better investment than any firearm..." Commercial hunting rifles over a short term, sure. Generally, firearms are great investments though. You can expect them to increase in value over time. Milsurps tend to increase in value much faster though. Commercial firearms, over a long term, 20 years or so, will hold their value more than increase in value. There are some exceptions to that generality. Savage 99's, Winchester 1894's, Colt SAA's, etc.
"...Kalashnikov anythings usually are not "investment" guns..." A Saiga isn't a Kalishnikov. Still wouldn't buy one as an investment though.
"...Kalashnikov anythings usually are not "investment" guns..." A Saiga isn't a Kalishnikov. Still wouldn't buy one as an investment though.
So you could be like a couple thousand other people and have one on order to arrive who knows when. That huge gap in the supply is why prices aren't going down. I have spoken to multiple dealers who have had them on order for months and months. Those "in the know" were claiming July would see a flood of them, yet August is ending and many dealers still haven't seen any. The demand is still greatly outstripping the supply.
If you could walk in some place right now and pay $500 and walk out with an S12 it would be very wise to do so.
Not impossible, but I would think that it is highly unlikely that such a thing would happen. Any ban would almost certainly have a grandfather clause for multiple reasons.
Ben Shepherd
Member
One of our moderators here IS a saiga distributor. They haven't seen anything from the importer since November. And last I talked to him there was no ETA.
So I bought what factory mags he had left. Then I logged onto saigastock and ordered extra pistons/pucks and recoil springs.
You do what you will.
So I bought what factory mags he had left. Then I logged onto saigastock and ordered extra pistons/pucks and recoil springs.
You do what you will.
hatchetbearer
Member
man, and I remember in 2000 seeing one in a gun store for $135 and the owner told me "he regretted buying the piece of junk."
stupid me for buying a readily available Mossberg.
stupid me for buying a readily available Mossberg.
Cactus Jack Arizona
Member
I want one.....I want one Cactus Jack Arizona
Member
Ok, I spoke too soon. I went to pick up the Saiga .410 today. I got to looking closely at it and found that the front bead sight was off centered. 
This sight cannot be adjusted. So, I took a look at the Saiga 12ga. Same thing, only the front sight was not so off centered. So, I abandoned my desire for a Saiga shotty and went with a 7 round Remington 870 Express. 
At least I learned how to pronounce the word Saiga properly.
This sight cannot be adjusted. So, I took a look at the Saiga 12ga. Same thing, only the front sight was not so off centered. So, I abandoned my desire for a Saiga shotty and went with a 7 round Remington 870 Express. At least I learned how to pronounce the word Saiga properly.
You don't use the stock sights anyway. You get a replica AK47 style and go to town! Your loss!
http://dinzagarms.com/saiga_12/fsbs12.html
Gunshow prices are now at $750! Idiots. Someone probably bought it by now though.
http://dinzagarms.com/saiga_12/fsbs12.html
Gunshow prices are now at $750! Idiots. Someone probably bought it by now though.
- Status
