Trey Veston
Member
What available firearms would you buy that will not decrease in value, but actually increase in value over the years?
I inherited a couple dozen firearms a couple of years ago when my father passed. He had great taste and was a connoisseur of fine rifles and shotguns. He loved pre-'64 Model 70 Winchester actions and his nearby friend, Al Biesen, built a number of rifles for him over the decades. I have two Al Biesen rifles and one was built for $464 in 1974. Today, it is worth around $10k. His Jack O'Connor Browning Superposed shotgun cost him around $500 in 1974, but today is worth around $30k. Same with a Winchester Model 21 shotgun Skeet model in 16ga. No idea what he paid for it, but I am selling it for $16k.
The only guns that I have personally bought that have increased in value were a Glock G24c that I paid around $500 for in 1999 and is now worth around $800. The other was a Ruger M77 All-Weather Rifle in .30-06 that cost me about $400 in 1999 and I sold it last year for $750. Oh, and a used JM Marlin 1894 in .357 Mag bought used in 2007 for $425 and sold in 2012 for $1100.
I rarely sell firearms and really don't consider them an investment, as I think the stock market will easily outperform 99% of firearms in value increases over the years.
But, I am considering a mint used Les Baer 1911 Concept III in .45 ACP for $1700. Not very rare, and not a premium model. In fact, at a current new price of $2500, it is one of the cheapest Les Baer pistols you can buy. But what will it be worth in a few years? I have never considered a firearm's resale value when considering purchasing it. I assumed that I would lose money on it if I didn't like it and decided to sell it later. But when considering shelling out $1700 for a range toy, the value of said range toy in a few years is a valid concern.
Curious as to what "investment" firearms other folks here have purchased and how it turned out. And what firearms folks here think might actually increase in value in the next 20 years.
I inherited a couple dozen firearms a couple of years ago when my father passed. He had great taste and was a connoisseur of fine rifles and shotguns. He loved pre-'64 Model 70 Winchester actions and his nearby friend, Al Biesen, built a number of rifles for him over the decades. I have two Al Biesen rifles and one was built for $464 in 1974. Today, it is worth around $10k. His Jack O'Connor Browning Superposed shotgun cost him around $500 in 1974, but today is worth around $30k. Same with a Winchester Model 21 shotgun Skeet model in 16ga. No idea what he paid for it, but I am selling it for $16k.
The only guns that I have personally bought that have increased in value were a Glock G24c that I paid around $500 for in 1999 and is now worth around $800. The other was a Ruger M77 All-Weather Rifle in .30-06 that cost me about $400 in 1999 and I sold it last year for $750. Oh, and a used JM Marlin 1894 in .357 Mag bought used in 2007 for $425 and sold in 2012 for $1100.
I rarely sell firearms and really don't consider them an investment, as I think the stock market will easily outperform 99% of firearms in value increases over the years.
But, I am considering a mint used Les Baer 1911 Concept III in .45 ACP for $1700. Not very rare, and not a premium model. In fact, at a current new price of $2500, it is one of the cheapest Les Baer pistols you can buy. But what will it be worth in a few years? I have never considered a firearm's resale value when considering purchasing it. I assumed that I would lose money on it if I didn't like it and decided to sell it later. But when considering shelling out $1700 for a range toy, the value of said range toy in a few years is a valid concern.
Curious as to what "investment" firearms other folks here have purchased and how it turned out. And what firearms folks here think might actually increase in value in the next 20 years.