Are firearms a good investment???

[ram77]

I'm considering starting to put my money into some investments and am curious about guns. I have a few intelligent buddies who continue to stock pile and invest in them and it seems to be a good idea. My thinking is you won't lose money and depending on what's going on in the world you may double or sometimes even triple your profit. Interested to hear yalls opinions.

 

[Tactically Fat]

Do you want to grow your money...or just not lose any money?

What if, suddenly, certain things become illegal to possess / sell / trade / etc? "investment" is gone.

 

[dbrier]

Can firearms be an investment? yes
Are they a "good" investment? Probably not, there are better places to put money if you want to make money and that is your only goal.

 

[Expat]

There were lots of people that "invested" in guns during the newtown panic. They paid about double the value and have been whining ever since about needing to get their money back out of their guns.

 

[Mgderf]

The theory is sound, until/unless a Democrat is elected P.O.T.U.S.
If that happens, they WILL enact extremely restrictive gun control measures, which WILL include a new assault weapons bill.'
If they get their wishes, your AR15 and AK47 will be banned altogether, and will be subject to confiscation, without compensation.

Your best bet right now is to invest in precious metals, like brass,, copper, and lead...

 

[Leo]

Do you want to grow your money...or just not lose any money?

What if, suddenly, certain things become illegal to possess / sell / trade / etc? "investment" is gone.

I agree with this observation. I also believe that immediately after the firearms are gone, ALL privately held property will be gone, including every nickle in bank accounts. Even the dollars buried in the back yard in mason jars will be valueless. What comes after that will make the Communist take over of the Bolsheviks look like a ladies luncheon.

 

[raptrbreth]

Investment in happiness? Yes. Investment for future earnings? No. Don't be that guy.

 

[dbrier]

In my opinion, if someone wanted to buys guns as investment they should only buy guns they wouldn't mind being stuck with if the price didn't go up.
There are some guns that could be looked at as blue chip guns that should continue to increase in value. Colt snake revolvers, full auto weapons, pre-lock S&W .22 revolvers and many others. I doubt they would increase at rate greater than a good stock marked based fund.

Collectable items such as art, exotic cars, firearms, baseball cards, etc. can have wild fluctuations as the economy and markets shift.

Imagine your gun collections value if a law is passed similar what has happened in other countries. You are allowed to keep a gun (let's say a full auto you bought as an investment), but it can't be sold or passed on to a family member. When you die the gun becomes property of the state. Your $50,000 gun collection just became worthless.

 

[medcoxo]

The theory is sound, until/unless a Democrat is elected P.O.T.U.S.
If that happens, they WILL enact extremely restrictive gun control measures, which WILL include a new assault weapons bill.'
If they get their wishes, your AR15 and AK47 will be banned altogether, and will be subject to confiscation, without compensation.

Your best bet right now is to invest in precious metals, like brass,, copper, and lead...

It took me a second, but I see what you did there!!!

WELL SAID!!

 

[KLB]

The theory is sound, until/unless a Democrat is elected P.O.T.U.S.
If that happens, they WILL enact extremely restrictive gun control measures, which WILL include a new assault weapons bill.'
If they get their wishes, your AR15 and AK47 will be banned altogether, and will be subject to confiscation, without compensation.

Your best bet right now is to invest in precious metals, like brass,, copper, and lead...

Except they can't enact any restrictions without congress. If congress goes back to D with Hillary as President, we are doomed.

 

[wagyu52]

Depends, no I'm not going to pull money out of our 401K's and buy a bunch of brand new pistols and rifles, never fire them and keep them for 30-50 yrs. Should have done that 50 yrs ago, but I might buy a pre lock S&W revolver instead of going to a casino or a box of ammo instead of a movie.

 

[KittySlayer]

If you have to ask...

If you have to ask if it is a good investment you don't know enough about guns to make money at it. Instead you will be the one the intelligent guys will be making money off of.

There are lots of reasons to buy guns but making money is not one of them.

You might tell your wife your expensive hobby expenditures are an investment but don't fool yourself into thinking you will make a profit, you will be lucky to break even.

 

[KJQ6945]

Without having a crystal ball, nobody knows for sure what will happen. I wrestled with the idea several years back when I first started buying NFA stuff. A couple questions I asked myself are, "what is the likelihood the Hughes amendment would ever be repealed"? What's the likelihood that SBRs and suppressors get a similar style Hughes amendment? To me, the second question is more likely than the first.

It was my justification to buy some cool toys that I can have a blast with now, and if they go up in value, great. If they don't, I had fun with them in the meantime.

 

[shootersix]

can fire arms be a good investment, yes, BUT remember can you see the future? do you know what guns will be an investment? ie msr's I had a gentleman come into the shop with a colt 6920 (this was during the panic of 2013/14) and said he wanted 2500.00 for it, I looked an him and said no way!, at that point he gave me the sob story of how he had to have surgery, and needed money, I asked him want do you want for it, and be realistic about it, too which he replied "I want out of it, what I paid for it" and I asked what did you pay for it?,......1800.00!!!!!!,I said, you bought it sometime between 1994 and 2004 didn't you?(the assault weapon ban era) we put it on consignment and got him his 1800.00 for it!

now, here is the comment I make to people asking about "investment firearms", "do you know what a colt walker is?(sometimes I get a no), and I say its a gun that can be worth up to a half million and they only made 1000....BUT had colt known know that, they would have made a million of them, and therefore they wouldn't be worth a 1/2 million"

you cant manufacture a collectable...it has to become collectable on its own!

 

[ram77]

That's some good stuff and quickly too lol. For me I have a hook up that I can get certain firearms at wholesale so if the cheapest I find it for online or used is $700 and I purchase it for $500 than I'd say that is a good buy because I won't lose money. I'm thinking of it is more of a way to safeguard money and myself if sh!+ ever hits the fan. Not to necessarily make a quick buck on but to keep put away and if I ever need to trade or use them in the future I can. Of course if I never sell them which hopefully I wouldn't ever need to then I've got a bunch of awesome toys lol. That's my thinking on what I am investing in. However if an AR triples in price obviously that's when I would sell not buy.

 

[wagyu52]

Wood and steel over plastic for an investment. I think there are some opportunities right now that are almost sure to increase in value. CMP M1 Garands for instance, are soon to run dry and go the way of the 1911's and M1 carbines. They will likely double in value over what they are now and triple what they where 5-10 yrs ago.
Sure it would have been nice to buy a stack of Pythons in 1970 but hind sight is 20/20, predicting the future is a little harder.

 

[Libertarian01]

It would depend upon many variables. I would put forward that overall firearms are a good investment against loss. What I mean is that they will always have value, unlike a stock or potential bond. In this regard they are much like precious metals. They won't bring a high ROI but they will buffer against loss, depending upon how inflation goes.

What you may(?) want to think about doing is buying several mid ranged pistols. Nothing cheap, nothing expensive. DO NOT open the box at all! Then, in several years look at what those pistols would go for on Gunbroker or some other site. Perhaps you could even do that now, looking back at what a pistol was purchased for ten (10) years ago, account for inflation, then see what it is selling for online. This would take a time for research.

I would not look to invest in an AR. Everyone seems to want their own, personalized AR configuration. So what you thought was "cool" won't go over well with the public, each of whom will want something slightly or greatly different. Ergo, your AR configuration won't hold much value to them. Thus, I would avoid.

I would also not look to invest in anything that is high-end. The high-end stuff would require a collector, who yes, will have the money and be willing to pay it, but is also a rarer breed and much harder to sell to.

What you might want to look for is a NIB model of a pistol from Glock or S&W or some other company that is being discontinued. Not very expensive, not cheap. However, in several years there may be folks who had once seen one, liked it, but cannot get it now due to its discontinuation. Along comes you who has two (2) NIB and ready to go for a premium, but not ridiculous price. That would be the best way I can see to make money on firearms in the medium run.

Regards,

Doug

 

[edporch]

I'm considering starting to put my money into some investments and am curious about guns. I have a few intelligent buddies who continue to stock pile and invest in them and it seems to be a good idea. My thinking is you won't lose money and depending on what's going on in the world you may double or sometimes even triple your profit. Interested to hear yalls opinions.

It depends on what type of firearms you invest in.

Ones that aren't made anymore, like C&R type ones have a good chance of increasing in value over time.

For example, I wish I'd bought a pile of M96 Swedish Mausers or Lee-Enfields back when they were selling for $70.

Also, being that they're older bolt actions with some historic value, there would be a better chance of it being many years til they're highly regulated.

 

[NightFisher]

I can tell you high end newer guns are NOT a good investment. You shoot them, they get scuffed and holster worn, and suddenly they are worth nothing when you gotta sell.

 

[indiucky]

Anything that can save your life or the life of a loved one is a good investment......Quality firearms tend to hold their value...

In honor of Libertarian1

Regards,

Rick