Investments

[22-rimfire]

If you don't know much about guns, I would stick with mutual funds. Even if you do, you will still do better on the average with mutual funds. But they aren't as much fun.

But if you like guns and they are more than just investments, by all means buy some for pride of ownership with investment potential. For example, I like Colt Diamondbacks (a lot), I have a number of them but for years they sat at the $350-$450 price range. People at that time said they were too expensive same as they do now. Now in the last few years, the values have been increasing fairly rapidly when compared to what has occurred over the last 20 years. Some would say, oh wow, very good investments. But, I just bought them because I like them and not really for any other reason.

With internet sales, there is a higher potential to sell at true market prices as an individual. If you sell to a dealer, you will probably be selling at about 70-80% of their maket value.

 

[MM]

Well, as with all investments, diversity keeps one a little more secure than an "all the eggs in one basket" approach. As far as S&W products not "going through the roof" have you priced a "registered" 357 lately?
SatCong

 

[Rembrandt]

Investment money generally doubles every 7 years....that can also be done with certain firearms. Collector quality firearms and class III will give the best returns.

People telling you it won't work are usually those who bought budget guns that were mass produced. Be prepared to spend money to make money....I recently bought a couple of 50+ year old .22 rifles, one for $1400 and another for $4000...both are rare and like new condition, prices have been steadily climbing. Historically these have been doubleing in value about every 5-8 years. Do your homework in advance, buy books on the firearm you choose to invest in.

Collectibles need to be high quality, low production numbers, and like new condition. Lugers, Colt SAA, early 1911's, in-house engraved guns from manufacturers are just a few that are good investments.

 

[Borgen]

milsurp
Class III

I don't know the meaning of those terms.

 

[jlbraun]

Just to reiterate...

One does not invest in firearms, gold, silver, or land. These are commodities, and the proper term for buying commodities with anticipation of a future return is speculating.

Pedantic mode off.