Above, my Winchester Model 12 shotgun made in 1919. Photo by Armand Vaquer. |
It used to be that firearms weren't considered investments, just tools for hunting and target shooting. All that has changed as firearms, especially the classics, are now seeing their values holding steady or rising.
Today, many investors look at guns as valued assets for enhancing financial investment portfolios.
This is the topic of an article in the Arkansas Democrat Gazette.
They begin it with:
Some are more valuable than others, and collectible firearms can enhance a financial portfolio.
As with stocks, the trick is knowing what to buy, what to hold and when to sell. As with equities, some firearms are, excuse the pun, can't-miss propositions. Their value will increase with time, but others will experience dramatic spikes based on the currents that drive stock markets.
As with stocks, it's best to invest in blue chip firearms. Premium brands like Browning, Winchester and even Remington hold their values. Remington rifles and shotguns are especially desirable because of their scarcity. After a long period of financial turmoil, the company closed its factory in Ilion, N.Y., and moved production to Georgia. If Remington is making new firearms, they are not available in this region.
Personally, I have two firearms that are antiques. One is a Manton shotgun made in England in the early 1800s and a 115-year-old Winchester Model 12 shotgun. It was not my intent for them to be investments. The Manton was acquired by my dad and I inherited it. I bought the Winchester to use. But, since I do have them, they will remain in my collection.
To read the full article, go here.
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