Rule of 72, thanks, that’s it.
I do consider my guns “holdings” for value too. They usually won’t go too far down. Kind of like gold, it goes up and sometimes down, but never zero. And I do love my collection, and what I acquire every year. I just don’t look at it anymore as my one retirement nest egg.
Guns and gold are also a hedge against catastophe’s like unbridled inflation or a war making currency worthless. I realize that. But I don’t expect it.
I consider collecting old guns a hobby. All hobbies cost money, but in this case you retain some value. If your hobby is golf, all the money you spend is gone at the end of the day. I enjoy looking at them, owning them, shooting them, and talking about them. If I loose a little money so be it. T/R
TR said
I consider collecting old guns a hobby. All hobbies cost money, but in this case you retain some value. If your hobby is golf, all the money you spend is gone at the end of the day. I enjoy looking at them, owning them, shooting them, and talking about them. If I loose a little money so be it. T/R
That’s a good point! My previous hobbies all fleeced me!!! I had to get out of the classic/muscle cars….no way I could afford that.
With most hobbies, you get royally fleeced. Yes, with golf, you have nothing tangible to show for it. Used golf clubs and clothes sell for what? Even with more tangible hobbies – what’s the return on investment on snowmobiles, motorcycles, jet skis, boats and the like? With nearly all of these you are guaranteed a terrible return on investment. All of us have examples where we’ve lost some money on a gun, but compared to about anything else….
Jeremy P said
That’s a good point! My previous hobbies all fleeced me!!! I had to get out of the classic/muscle cars….no way I could afford that.
When I was young I had a lot of toys but as time went by they were too much to take care of. I still have one car and it is worth more than I paid for it. I did not plan this. Just luck of the market. Anyone want to come by and help me change the oil, filters, plugs, points and condenser? Must know how to adjust the solid lifters.
Chuck, I still have my Dwell meter and induction timing light. Haven’t used them since I sold my DOHC Alfa Romeo. I’m sure that car is worth much more today than I paid for it. But then so are most of my model 1892’s, and they don’t require weekly maintenance!
Nevada Paul
Life Member NRA
Chuck said
Jeremy P said
That’s a good point! My previous hobbies all fleeced me!!! I had to get out of the classic/muscle cars….no way I could afford that.
When I was young I had a lot of toys but as time went by they were too much to take care of. I still have one car and it is worth more than I paid for it. I did not plan this. Just luck of the market. Anyone want to come by and help me change the oil, filters, plugs, points and condenser? Must know how to adjust the solid lifters.
If you’re in D/FW I’m in! I just sold by 1970 Buick GS (Skylark) for $3000 more than I paid a few years ago. It was nice to not lose money on it. Now I enjoy looking at someone else’s financial misfortune instead of living it. I prefer the guns!
Chuck said
Jeremy P said
That’s a good point! My previous hobbies all fleeced me!!! I had to get out of the classic/muscle cars….no way I could afford that.
When I was young I had a lot of toys but as time went by they were too much to take care of. I still have one car and it is worth more than I paid for it. I did not plan this. Just luck of the market. Anyone want to come by and help me change the oil, filters, plugs, points and condenser? Must know how to adjust the solid lifters.
Sure Chuck! You’ll just have to pay my airfare . Adjusted the lifters on my Boss 351 recently for the first time. With dad over my shoulder. Lucky to have an old man with experience that is happy to teach me
A man can never have too many WINCHESTERS...
My first “new” car was a1967 Mustang coupe, I paid $3,450.00 for it. My last 1967 Mustang GT fastback recently sold for $120,000.00 and went to Dubai. Likewise My first collectable Winchester was a 1894 30″ r.b. rifle in 30-30 cal. I paid $75.00 for it about 1980, My last Winchester to sell was a 1894 deluxe in 38-55 , for $11,500.00. I don’t buy these things with the sole idea of “investment”, I am not a hunter but I do enjoy My firearms, they’re meant to be used. Likewise with old vehicles they are not meant to be tucked away in the garage but meant to be driven and enjoyed. So I guess it’s all relavent ‘eh. I never did get into golf and such.
W.A.C.A. life member, Marlin Collectors Assn. charter and life member, C,S.S.A. member and general gun nut.
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