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November 7, 2015
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This current state of the collectible Winchester market has me a bit puzzled. What is your assessment of the current market and what is your strategy for collecting (or selling) during this time?
Mike
Mike,
I’m puzzled as well. Seems to be a buyers market. But for me, I usually need to sell something before I can afford to upgrade my collection. But, if I sell, I’m afraid to lose money since I just got into this about seven years ago when prices were up. Is it better to just go ahead and sell regardless of making any money in order to acquire something missing from your collection?? I don’t know.
Al
I focus on high condition and unusual/special order configurations. Most of my collection are 1894’s so the plain Jane’s don’t excite me much unless it’s in super high condition in one of the most desirable calibers (38-55, 32-40, or 25-35). If I find a high condition, special order 1894 in one of those 3 calibers I can’t resist.
Don
Mike, I have changed my collecting strategy over the last few years, I no longer believe my collection is an “investment”. I collect with money I think I will not need. I try to buy, sell, or trade with fellow collectors to avoid auction commissions. I consider guns over $10,000. a permanent part of my collection, If the auction house takes 40% when you buy it and 40% when you sell it, any gun that needs to be sold at auction is permanent in my mind. To be honest 1/3 of my guns are worth less than I paid, that does not bother me. I buy what I want, but with careful scrutiny, and not as often. T/R
Since I am a collector I like the fact that I can currently buy guns for less than I did in the past. Good guns have held their value far better than the average guns. I never bought into the dealer hype of buying guns as an investment. I have conventional investments to support myself in retirement. No matter what they may bring when I’m gone it will be far better than some ways I could have spent my money.
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