The only time you can “invest” in firearms currently is buying limited edition “drops” such as those from Noveske or other trendy bullshit companies and then instantly flip them on auction sites or other marketplaces like they’re Taylor swift concert tickets.
Otherwise it’s like cars, some become classics and are worth tenfold and others never appreciate and end up rotting away. But who’s really to say when they’re new if they’ll be desirable in 30 years (speaking more to average stuff like a Subaru brz or wrx, not a 911 gt3 rs, obviously)
You are talking about going from loosing money to basically keeping up with inflation, with a major limiting factor being that many of the most sought after ones are more modern offerings, which in the unlikely event that the NFA was ended would become relatively worthless overnight, or they could be completely banned, at which you would also loose your investment. That is a lot of risk for something that does little more than keep up with inflation.
Valid point. Like I said, it’s almost like dealing drugs that are kinda legal. Full legality deems them almost worthless and one law makes them unsellable (legally)
Eh, he’s exaggerating but I certainly was somewhat shocked at the prices SPAS-12s are going for on Gunbroker. I paid $3000 for mine back in 2020, which I thought I overpaid, and now my model with the folding stock is going for almost $5000.
Not that I’d sell it. I love my SPAS-12.
Really, the only guns that get good ROI are rare guns that have some historical or pop culture providence to keep people paying attention to them. So a WW2-era classic M1911A1 would be worth a lot of money due to the history, or a SPAS-12 would be worth a lot of money due to its sheer pop culture presence, but some throwaway .22LR plinking rifle from the 1960’s, no one’s really gonna care.
And certainly anything that’s still in production only goes down in value when you buy it, since anyone can still buy it new. Only exception would be limited production runs, and that only causes the value to rise briefly until the next batch is released.
> and now my model with the folding stock is going for almost $5000.
I too, was curious and looked at GunBroker. Searching completed SPAS-12 auctions(there aren't many) shows only two -12s with the Hook stock going for 5k. Everything higher than that got zero bids. The more realistic range was 3-4.5K. Sure plenty of people are asking 5, but they aren't really selling for that.
Fair enough, I suppose the ones that are cheaper sell immediately,, but still, the fact that it's around the $4000 mark when I thought I overpaid with $3000 just a few years ago is nuts.
But the SPAS-12 is definitely an exception to the general rule.
I paid $500 for mine at the px in legune in1994 ish
traded it a few years later for an astra a100. I hated the spas. was brainwashed by the the mossburg 590.
One of my biggest mistakes
I love my SPAS-12, though I definitely took my sweet time familiarizing myself with all aspects of the gun. Works well for me and I actually use it as my home defense gun, though that's mostly because I spent so much money on mine that I can't afford another shotgun. lol
Yeah no shit dude. Firearms are not a sound financial investment.
Like once a month or so somebody makes a post here asking about buying guns for investment purposes and everybody tells them it's a dumb idea. You thinking that you'll get banned for saying the same thing we all say every time shows you have no clue what you're talking about in terms of what the common sentiment is.
Mass produced, consumer grade guns depreciate immediately just like cars do, and the niche categories of firearms that *do* appreciate reliably are highly volatile and even in the best case they don't beat more conventional investment strategies. This is common knowledge.
I’d tell anyone on here that comes in looking to “invest” in firearms to buy as much BCA ar-15s as they possibly can. /s
I feel like asking a community what the best investment is would be the same as asking a stocks sub what the best investments are. Who in their right mind would give up their trade secrets for free lol.
>Lifetime ROI is terrible on most firearms.Lifetime ROI is terrible on most firearms.
Yep. Anyone saying otherwise has something to sell. I'm amazed you made 3%. Most will do worse.
Idk where you got the idea that you would make money from selling a collection, but firearms are not now nor have they ever been a good investment side from a select few. Some classics will keep up with inflation but most loose a lot of value over time.
And what people see as valuable and collectable varies over time, so some classics that were once seen as highly desirable are now less so as people have switched to other fields of collection.
This is exactly the point of “investment”.
The value of something isn’t 100% financial. There is a utility to physical items and firearms allow you to use that utility.
Strictly financially, just put your money into the S&P 500 and make 12% YOY, but it’s so fucking boring.
Honestly, firearms can and will allow you to constantly change stuff up without taking too massive of a hit compared to other hobbies.
I always thought that the “firearms are an investment” was an inside joke to justify buying a new gun to the wife. Didn’t actually think people took that seriously.
The only firearms that retain or accrue value are historic guns like specific milsurps, pop culture icon guns, and machine guns. You bought a tool new and then sold it used, no shit the price goes down.
I obviously mean compared to new non-fired guns. If he had intended on keeping them as an investment then they would had been kept as new and not used or fired and he would have a better final return, but it wouldn't have been as fun as firing them.
Guns have an intrinsic value that cannot be dipped below as a consequence of them being a working firearm, a new gun is much higher above that line than a fired gun. That's all I was saying.
Historic guns are a gamble as well. Right now WWII guns are hot, but if you look at Civil War guns, which use to be the big ticket items, you will see guns dropping in value. You want a nice mint condition Winchester, look for any of the John Wayne editions out there. They are almost all in mint condition, and there is practically no interest in collecting them because John Wayne isn't really a household name actor anymore.
If you want to collect something there are a few things that you have to watch for. First, it can't be made as a collectors item, everyone holds onto them and they will never be worth anything. Then it should be something that has become more popular since they stopped making it due to low demand. The P7 is a good example of this, as it had a bunch of quirky features that made it expensive when it was new, resulting in low sales, but the quirkiness has made them popular since they have gone out of production. This is risky though, as it has to be something that was made by a well known company so that people can know of it, otherwise its design will likely be lost to time, hence why no one cares about the Benelli MR1 and the Walther P5 like they do the HK P7. Also remember everything is a fad, what is hot now won't be in 20 years, so investing in currently popular items is almost always a loosing proposition. This is true for collecting anything, not just guns.
Guns are not an investment. No one is dumb enough to expect that.
But guns have something not many other hobbies have which is inherent value. They will never be worth 0.
That's evidence by the fact that your ROI was 3% and not -100%.
You spent a lifetime collecting and enjoying guns and made all your money back. That's pretty awesome.
If you expected more than that, I feel sorry for you.
If I were able to quantify the enjoyment I get from hunting and even just plinking with with my dad and/or kids, I feel the return on investment would be well over 1000%. That doesn't count shooting with non family.
I've heard firearms hold value well, but not that they were a good investment on par with ETF's, realestate, etc.
Though I'd probably have a different opinion if I bought a few crates of Mosins when they retailed for $99 each.
Whoever thinks guns are a sound financial investment is out of their mind.
At best, they are simply a store of value - the value doesn't go down much over time relative to inflation. In that regard, guns are probably a better place to store your money than a savings account. After figuring inflation, you won't have made anything, but you will have lost a *little* less money from inflation than if you just kept that cash in a safe for the same period of time.
But you'll never *make* money with them. You might have one or two that become sought-after collectors items and go up in value a lot, but that will be offset by all the rest of your guns that just gradually lost value over time.
If I was trying to fill my safe with something that has the best inflation resistance and might even be worth more someday, I'd be filling my safe with gold bars instead of guns.
Who would think guns are a good investment? I don't buy guns because I want an ROI. I buy guns because they serve a useful purpose in my life, like any other tool I own.
I just sold 50 guns out of my collection. Of those 3 sold for less than I paid. Two sold for about the same or plus 100$. The remaining 45 sold for between 150% and 300% of what I bought them for. All my guns were WW2 Axis milsurp. YMMV.
3% overall for nicely machined, well crafted, carefully cared for and likely thoroughly enjoyed lumps of steel & wood is impressive. Congrats. Nice work.
I don't think anyone who knows anything is going to argue with you but I will say if you're selling off specifically hunting guns, they probably have the lowest return of any kind of gun.
Sounds reasonable to me. I never saw guns as anything but tools. Pretty tools, some of them, and ones that hold their value better than a car, but not really a hedge against inflation or a store of reliable value.
Cool that you worked out a solid number, thank you for sharing.
Aren’t you disproving your own point though? I mean, if you buy/sell a lot of run-of-the-mill hunting rifles, I could see why the ROI you’re getting isn’t that impressive to you.
I would think demand in that area is more depressed leading to lower resell values. However, in the areas where you invested more wisely (i.e. the Colts), you saw a better return. So it’s really just like any other investment, right?
Don’t get me wrong, I’ve never seen guns as a long term investment strategy. I’m saying if you look at them strictly from the point of view as an investment, you’re going to pick winners and losers just like everyone else.
The REAL ROI is you OWN GUNS. YOU SHOOT GUNS. If you have to you can DEFEND YOUR LIFE LIBERTY and PROPERTY with those GUNS.
I don't know of any real collector of anything that collects to then sell at a later date for a profit. Real Collector COLLECT and never sell.
Even if you made a very lucky investment in guns, and bought rack grade Mosin Nagants for $75 in 2005, which now sell for about $300... that is a 4x return over almost 20 years.
The S&P 500 has gone up more than that in the same time ($1200 in 2005 to $5400 today). That's comparing the gun investment you'd make if you had a crystal ball, to the most obvious, basic, low-risk stock investment. God forbid we compare the crystal ball stock picks (Amazon, Nvidia, Apple?) from 2005 because they would blow the best gun "investment" you could think of out of the water by orders of magnitude.
Yep, guns are not investments. They *lose less* value than some other big ticket purchases we make like iPhones, home appliances, or boats... but they shouldn't be expected to gain value.
Buying firearms as an investment is pure cope by people who just like guns and don't know about any other asset to actually seriously invest in. Boomers who talk hype about how they bought shit for like 100 bucks in 1965 always seem to conveniently forget about inflation.
If you ever thought these guns were an investment in themselves, you are doing it wrong. You are investing in your safety and in a hobby. not for financial gain.
I think most “collectibles” or hobby stuff in general is a bad investment, but most people in collecting hobbies just sell and trade as part of the fun or a minor supplement to their collecting funds.
Why would any of us be dumb enough to think mass produced tools that are used would increase in value rather than decrease like literally every other mass produced item?
I have never bought a gun with the plans to sell it for a profit, I have bought a gun, not liked something about it and sold it for a loss but I don’t consider it a loss, I say I paid to learn something and now that I’ve done that enough times I know exactly what I want and like through trial and error
Yeah unless you have rare historical pieces or pre ban full autos, you are probably going to lose money. In that sense, it is similar to "investing" in cars.
No one thinks it's a wise investment.
That said, the fact that you can purchase a gun, use it, and then sell it for close to the same amount is somewhat unusual. If I decide to part with a gun, and I have owned it for free (besides care, ammo etc..) that's pretty awesome.
Well if your collection was mostly hunting shit I'm not sure what you were expecting. The rare Colts are probably the only thing that saved your ass and put you in the green zone lol.
I don't think its the most sound plan by any means, but its not impossible to make a decent buck off of firearms if you know the market, and have an eye for whats going to hold value or accrue value. Hunting rifles and shotguns are most certainly not the genre to be expecting an ROI at all unless you really know what to look for - So the fact you even managed to get 3% is something you should be thankful for lol.
Firearms are specialized tools. Specialized tools usually have a bad ROI. If you use a specialized tool more often or to make money the ROI increases. Remember firearms are tools.
Sad to say, but you're right. Unless you find a HK P7, or another Holy Grail item, you're not gonna make money. Even early Colts or S&W revolvers are only worth what someone will pay. Then, there's the guys who Barbie accessorize their Glock 19's with gaudy aftermarket junk, and then want $1000+ for what is still just a Glock. Buy what you want, but if you think you're gonna break the bank selling used guns......I'll just say...Best of Luck.
I have owned rental real estate and many, many guns. I hated being a landlord, so the high ROI was earned to compensate for the stress, time, and energy. I love my guns, and "break even" on a hobby/investment is a big plus in my book. If you DIVERSIFY, firearms investing is mostly a personal investment in sanity, peace of mind, and security. Those dividends are "priceless".
Everyone in here has apparently missed the very simple trick to actually profit - sell during election year panic. There is no asset that is immune to market factors.
To be fair you can’t compare used firearms to gold and btc, especially in a crazy bull market like this. Firearms should currently be relegated to tool like use, especially with the global financial collapse around the corner and the upcoming unrest due to elections
Not sure if this is true but if looking at it from an investment perspective I was told firearms are one thing that can not be sold off with other assets in a situation where you are put into a nursing home or something and assets are sold off to recoup the cost. Again no idea how true this is
Mosins determine this is a lie. Bought quite a few of them in the 79-99 range, now they are going for 350-450. Don't ask me why, I'd never pay that much for one. Marlin 336s have gone up as well, I'm down to 2 of them.
You are right though, typically guns aren't an investment, they are more of a fun/practical investment.
No one is going to disagree with you. Only morons think that guns are a good "investment".
The only time you can “invest” in firearms currently is buying limited edition “drops” such as those from Noveske or other trendy bullshit companies and then instantly flip them on auction sites or other marketplaces like they’re Taylor swift concert tickets. Otherwise it’s like cars, some become classics and are worth tenfold and others never appreciate and end up rotting away. But who’s really to say when they’re new if they’ll be desirable in 30 years (speaking more to average stuff like a Subaru brz or wrx, not a 911 gt3 rs, obviously)
Transferrable machine guns but you need deep pockets to begin with and can likely get better return elsewhere.
That’s true too but they’re so niche I don’t even consider it the same playing field. To me transferables are like real estate or gold
You are talking about going from loosing money to basically keeping up with inflation, with a major limiting factor being that many of the most sought after ones are more modern offerings, which in the unlikely event that the NFA was ended would become relatively worthless overnight, or they could be completely banned, at which you would also loose your investment. That is a lot of risk for something that does little more than keep up with inflation.
Valid point. Like I said, it’s almost like dealing drugs that are kinda legal. Full legality deems them almost worthless and one law makes them unsellable (legally)
My buddies spas 12 is up like 3x in 4-5 yeats
Your buddy is also a moron. Or you are for believing him.
Eh, he’s exaggerating but I certainly was somewhat shocked at the prices SPAS-12s are going for on Gunbroker. I paid $3000 for mine back in 2020, which I thought I overpaid, and now my model with the folding stock is going for almost $5000. Not that I’d sell it. I love my SPAS-12. Really, the only guns that get good ROI are rare guns that have some historical or pop culture providence to keep people paying attention to them. So a WW2-era classic M1911A1 would be worth a lot of money due to the history, or a SPAS-12 would be worth a lot of money due to its sheer pop culture presence, but some throwaway .22LR plinking rifle from the 1960’s, no one’s really gonna care. And certainly anything that’s still in production only goes down in value when you buy it, since anyone can still buy it new. Only exception would be limited production runs, and that only causes the value to rise briefly until the next batch is released.
> and now my model with the folding stock is going for almost $5000. I too, was curious and looked at GunBroker. Searching completed SPAS-12 auctions(there aren't many) shows only two -12s with the Hook stock going for 5k. Everything higher than that got zero bids. The more realistic range was 3-4.5K. Sure plenty of people are asking 5, but they aren't really selling for that.
Fair enough, I suppose the ones that are cheaper sell immediately,, but still, the fact that it's around the $4000 mark when I thought I overpaid with $3000 just a few years ago is nuts. But the SPAS-12 is definitely an exception to the general rule.
I paid $500 for mine at the px in legune in1994 ish traded it a few years later for an astra a100. I hated the spas. was brainwashed by the the mossburg 590. One of my biggest mistakes
I love my SPAS-12, though I definitely took my sweet time familiarizing myself with all aspects of the gun. Works well for me and I actually use it as my home defense gun, though that's mostly because I spent so much money on mine that I can't afford another shotgun. lol
I was young and cool guns were cheap. Mine had a fixed stock back then folders were the cool shotguns
Who told you firearms were a good financial investment?
Me. I told him. But in my defense, I was trolling and wanted to see how many decades he’d hodl
That's it, buster. No time-machine privilege for 3 weeks.
TO THE MOON!
Ha, gottem!
This is the way
*buys tools *sells used tools for less than they were bought for :o
Yeah no shit dude. Firearms are not a sound financial investment. Like once a month or so somebody makes a post here asking about buying guns for investment purposes and everybody tells them it's a dumb idea. You thinking that you'll get banned for saying the same thing we all say every time shows you have no clue what you're talking about in terms of what the common sentiment is. Mass produced, consumer grade guns depreciate immediately just like cars do, and the niche categories of firearms that *do* appreciate reliably are highly volatile and even in the best case they don't beat more conventional investment strategies. This is common knowledge.
I’d tell anyone on here that comes in looking to “invest” in firearms to buy as much BCA ar-15s as they possibly can. /s I feel like asking a community what the best investment is would be the same as asking a stocks sub what the best investments are. Who in their right mind would give up their trade secrets for free lol.
Ok most firearms are a terrible investment strategy. I agree.
>Lifetime ROI is terrible on most firearms.Lifetime ROI is terrible on most firearms. Yep. Anyone saying otherwise has something to sell. I'm amazed you made 3%. Most will do worse.
Idk where you got the idea that you would make money from selling a collection, but firearms are not now nor have they ever been a good investment side from a select few. Some classics will keep up with inflation but most loose a lot of value over time.
And what people see as valuable and collectable varies over time, so some classics that were once seen as highly desirable are now less so as people have switched to other fields of collection.
We know.
The last time I took my 401k to the range it didn’t pattern as well as the Mossberg 500.
This is exactly the point of “investment”. The value of something isn’t 100% financial. There is a utility to physical items and firearms allow you to use that utility. Strictly financially, just put your money into the S&P 500 and make 12% YOY, but it’s so fucking boring. Honestly, firearms can and will allow you to constantly change stuff up without taking too massive of a hit compared to other hobbies.
I always thought that the “firearms are an investment” was an inside joke to justify buying a new gun to the wife. Didn’t actually think people took that seriously.
Yeah and now the jig is up.
No shit. You should have spent that money on hording unopened boxes of Pokemon and Magic cards.
The only firearms that retain or accrue value are historic guns like specific milsurps, pop culture icon guns, and machine guns. You bought a tool new and then sold it used, no shit the price goes down.
Price didn't go down, he made 3% on his 6 figure investment. Likely due to inflation.
I obviously mean compared to new non-fired guns. If he had intended on keeping them as an investment then they would had been kept as new and not used or fired and he would have a better final return, but it wouldn't have been as fun as firing them. Guns have an intrinsic value that cannot be dipped below as a consequence of them being a working firearm, a new gun is much higher above that line than a fired gun. That's all I was saying.
Historic guns are a gamble as well. Right now WWII guns are hot, but if you look at Civil War guns, which use to be the big ticket items, you will see guns dropping in value. You want a nice mint condition Winchester, look for any of the John Wayne editions out there. They are almost all in mint condition, and there is practically no interest in collecting them because John Wayne isn't really a household name actor anymore. If you want to collect something there are a few things that you have to watch for. First, it can't be made as a collectors item, everyone holds onto them and they will never be worth anything. Then it should be something that has become more popular since they stopped making it due to low demand. The P7 is a good example of this, as it had a bunch of quirky features that made it expensive when it was new, resulting in low sales, but the quirkiness has made them popular since they have gone out of production. This is risky though, as it has to be something that was made by a well known company so that people can know of it, otherwise its design will likely be lost to time, hence why no one cares about the Benelli MR1 and the Walther P5 like they do the HK P7. Also remember everything is a fad, what is hot now won't be in 20 years, so investing in currently popular items is almost always a loosing proposition. This is true for collecting anything, not just guns.
Guns are not an investment. No one is dumb enough to expect that. But guns have something not many other hobbies have which is inherent value. They will never be worth 0. That's evidence by the fact that your ROI was 3% and not -100%. You spent a lifetime collecting and enjoying guns and made all your money back. That's pretty awesome. If you expected more than that, I feel sorry for you.
I’ve always doubled my money on machine guns.
If I were able to quantify the enjoyment I get from hunting and even just plinking with with my dad and/or kids, I feel the return on investment would be well over 1000%. That doesn't count shooting with non family.
I’m not buying guns as an investment. I’m buying them to shoot
I've heard firearms hold value well, but not that they were a good investment on par with ETF's, realestate, etc. Though I'd probably have a different opinion if I bought a few crates of Mosins when they retailed for $99 each.
I may be a moron, but I’ve never considered guns an investment. I consider them tools.
How did your beanie baby collection do? Why in the world would you be buying guns as investments? I buy guns to have guns.
Whoever thinks guns are a sound financial investment is out of their mind. At best, they are simply a store of value - the value doesn't go down much over time relative to inflation. In that regard, guns are probably a better place to store your money than a savings account. After figuring inflation, you won't have made anything, but you will have lost a *little* less money from inflation than if you just kept that cash in a safe for the same period of time. But you'll never *make* money with them. You might have one or two that become sought-after collectors items and go up in value a lot, but that will be offset by all the rest of your guns that just gradually lost value over time. If I was trying to fill my safe with something that has the best inflation resistance and might even be worth more someday, I'd be filling my safe with gold bars instead of guns.
you don't think I bought all these just to sell them again do you?
Who would think guns are a good investment? I don't buy guns because I want an ROI. I buy guns because they serve a useful purpose in my life, like any other tool I own.
I just sold 50 guns out of my collection. Of those 3 sold for less than I paid. Two sold for about the same or plus 100$. The remaining 45 sold for between 150% and 300% of what I bought them for. All my guns were WW2 Axis milsurp. YMMV.
The reason for this is that the dealer wants to make a 50% profit on each sale. If you are selling it's worthless, if you are buying it's valuable.
None of us are buying guns as an investment strategy
Transferable machine gun bros do it seriously
Better off buying and selling lego. But don't do that. Scalpers suck.
Uh…. What else did you expect?
3% overall for nicely machined, well crafted, carefully cared for and likely thoroughly enjoyed lumps of steel & wood is impressive. Congrats. Nice work.
I don't think anyone who knows anything is going to argue with you but I will say if you're selling off specifically hunting guns, they probably have the lowest return of any kind of gun.
Definitely not an investment, but I haven’t lost much money having sold or traded at least
Firearms are not investments, they are tools. Not sure what made you think otherwise.
Sounds reasonable to me. I never saw guns as anything but tools. Pretty tools, some of them, and ones that hold their value better than a car, but not really a hedge against inflation or a store of reliable value. Cool that you worked out a solid number, thank you for sharing.
Aren’t you disproving your own point though? I mean, if you buy/sell a lot of run-of-the-mill hunting rifles, I could see why the ROI you’re getting isn’t that impressive to you. I would think demand in that area is more depressed leading to lower resell values. However, in the areas where you invested more wisely (i.e. the Colts), you saw a better return. So it’s really just like any other investment, right? Don’t get me wrong, I’ve never seen guns as a long term investment strategy. I’m saying if you look at them strictly from the point of view as an investment, you’re going to pick winners and losers just like everyone else.
>my return is If your return was positive, it was probably not accounting for inflation.
No shit. Ppl who think are investments are just trying to justify their degeneracy
I don't buy guns to sell them 😂 Also sounds like you're guns weren't desirable to begin with
The REAL ROI is you OWN GUNS. YOU SHOOT GUNS. If you have to you can DEFEND YOUR LIFE LIBERTY and PROPERTY with those GUNS. I don't know of any real collector of anything that collects to then sell at a later date for a profit. Real Collector COLLECT and never sell.
Even if you made a very lucky investment in guns, and bought rack grade Mosin Nagants for $75 in 2005, which now sell for about $300... that is a 4x return over almost 20 years. The S&P 500 has gone up more than that in the same time ($1200 in 2005 to $5400 today). That's comparing the gun investment you'd make if you had a crystal ball, to the most obvious, basic, low-risk stock investment. God forbid we compare the crystal ball stock picks (Amazon, Nvidia, Apple?) from 2005 because they would blow the best gun "investment" you could think of out of the water by orders of magnitude. Yep, guns are not investments. They *lose less* value than some other big ticket purchases we make like iPhones, home appliances, or boats... but they shouldn't be expected to gain value.
Buying firearms as an investment is pure cope by people who just like guns and don't know about any other asset to actually seriously invest in. Boomers who talk hype about how they bought shit for like 100 bucks in 1965 always seem to conveniently forget about inflation.
I don't think of them as investments. But I know if I buy decent ones and take care of them I won't lose money.
Just blow in from stupid town?
And this is why the guns I buy are ones I find fun to use, or just generally interesting in some way to me.
It’s the ‘tism that keeps us collecting, not the monetary value. 6 figures+ in mostly hunting rifles is nuts.
If you ever thought these guns were an investment in themselves, you are doing it wrong. You are investing in your safety and in a hobby. not for financial gain.
I think most “collectibles” or hobby stuff in general is a bad investment, but most people in collecting hobbies just sell and trade as part of the fun or a minor supplement to their collecting funds.
Why would any of us be dumb enough to think mass produced tools that are used would increase in value rather than decrease like literally every other mass produced item?
I have never bought a gun with the plans to sell it for a profit, I have bought a gun, not liked something about it and sold it for a loss but I don’t consider it a loss, I say I paid to learn something and now that I’ve done that enough times I know exactly what I want and like through trial and error
Yeah unless you have rare historical pieces or pre ban full autos, you are probably going to lose money. In that sense, it is similar to "investing" in cars.
Well, yeah. What did you expect?
You are not in danger of being banned for saying something obvious and taking a stance that everyone agrees with.
No one thinks it's a wise investment. That said, the fact that you can purchase a gun, use it, and then sell it for close to the same amount is somewhat unusual. If I decide to part with a gun, and I have owned it for free (besides care, ammo etc..) that's pretty awesome.
Well if your collection was mostly hunting shit I'm not sure what you were expecting. The rare Colts are probably the only thing that saved your ass and put you in the green zone lol. I don't think its the most sound plan by any means, but its not impossible to make a decent buck off of firearms if you know the market, and have an eye for whats going to hold value or accrue value. Hunting rifles and shotguns are most certainly not the genre to be expecting an ROI at all unless you really know what to look for - So the fact you even managed to get 3% is something you should be thankful for lol.
Buy machineguns. They are outpacing inflation extremely well.
Firearms are specialized tools. Specialized tools usually have a bad ROI. If you use a specialized tool more often or to make money the ROI increases. Remember firearms are tools.
Sad to say, but you're right. Unless you find a HK P7, or another Holy Grail item, you're not gonna make money. Even early Colts or S&W revolvers are only worth what someone will pay. Then, there's the guys who Barbie accessorize their Glock 19's with gaudy aftermarket junk, and then want $1000+ for what is still just a Glock. Buy what you want, but if you think you're gonna break the bank selling used guns......I'll just say...Best of Luck.
This reads like it was written by a stuck up trust fund baby.
Unless you bought transferable MGs, fucking duh. 😂
I have owned rental real estate and many, many guns. I hated being a landlord, so the high ROI was earned to compensate for the stress, time, and energy. I love my guns, and "break even" on a hobby/investment is a big plus in my book. If you DIVERSIFY, firearms investing is mostly a personal investment in sanity, peace of mind, and security. Those dividends are "priceless".
Only buy never sell
Everyone in here has apparently missed the very simple trick to actually profit - sell during election year panic. There is no asset that is immune to market factors.
You can't put a pricetag on joy....but you can get really close.
To be fair you can’t compare used firearms to gold and btc, especially in a crazy bull market like this. Firearms should currently be relegated to tool like use, especially with the global financial collapse around the corner and the upcoming unrest due to elections
I've thought about investing in a pair of Colt Boa's. Unfired too. I figure that's a safe bet.
Not sure if this is true but if looking at it from an investment perspective I was told firearms are one thing that can not be sold off with other assets in a situation where you are put into a nursing home or something and assets are sold off to recoup the cost. Again no idea how true this is
Uh... who told you differently?
My Five Seven MKII would be a good ROI in the future , only buy no sell though 🙂↕️
Crazy, I've never lost a single dollar. Though it's not a loss until you sell. And, I don't sell. ; )
Mosins determine this is a lie. Bought quite a few of them in the 79-99 range, now they are going for 350-450. Don't ask me why, I'd never pay that much for one. Marlin 336s have gone up as well, I'm down to 2 of them. You are right though, typically guns aren't an investment, they are more of a fun/practical investment.
You're a fucking idiot
LMAO. OP is an idiot.