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Recent threads point to a general decline in Winchester lever rifles. Of course, the demographic has changed, but how might they have performed during the financial crisis, downturn in 1987, etc.? Flat, increasing, or decreasing?
Typically, investment grade collectibles values will benefit from a downturn in the stock market as investors look to park their money in more tangibles investments.
Not sure if this is the case for Winchesters, however I have especially found it to be the case for collector grade classic automobiles and motorcycles over the years.
Winchester Model 1873 44-40 circa 1886
This is a first, the virus has driven the stock market down. The virus will pass but unfortunately the gun shows have been closed until then. I think gun show dealers and on sight auction houses will change to internet sales. This might provide buying opportunities as that market floods. If you have funds, be choosy, be smart, and buy. If your selling common guns you might have to lower your expectations. Uncharted territory! Winchester as an investment is questionable today as is anything. Recently, on paper I lost more money on BP stock than I ever lost on Winchesters, but I think it will come back. You do not lose or gain until you sell. T/R
TR said
This is a first, the virus has driven the stock market down. The virus will pass but unfortunately the gun shows have been closed until then. I think gun show dealers and on sight auction houses will change to internet sales. This might provide buying opportunities as that market floods. If you have funds, be choosy, be smart, and buy. If your selling common guns you might have to lower your expectations. Uncharted territory! Winchester as an investment is questionable today as is anything. Recently, on paper I lost more money on BP stock than I ever lost on Winchesters, but I think it will come back. You do not lose or gain until you sell. T/R
Both comments certainly true. The question is how long will it take and do those retired or nearing retirement and dependent on their investment portfolios for income have time to wait.
Winchester Model 1873 44-40 circa 1886
Do we think the RIA auction scheduled for late April will happen? Obviously, bidders can participate through internet, phone, submit bids ahead of time. However, most of the time at a live auction, items sell to those on-site. Curiously what others think will happen the remainder of this month and next month.
I’ve said it on a couple other posts, “I am looking for a few pieces”, ’86 musket, ’85 musket, any ’76 and a Henry. I haven’t found any of those “investment” grade guns at a distress price yet, show Me some and I’ll probably buy ’em.
W.A.C.A. life member, Marlin Collectors Assn. charter and life member, C,S.S.A. member and general gun nut.
When the stock market is bad like it has been the last few weeks people lose a lot of money on paper. A lot of people will stop spending on anything unnecessary. If you have the money do as TR said.
I believe the market is a prime buying opportunity at this point…….. Lots of oversold opportunities exist Might go down a bit more but I think it’s pretty close to the end of it’s correction point. Yep, it might take a while to come back up.
Erin
Kevin, How long it takes to come back is dependent on the results of a not so certain election. I’m a veteran that solutes the Flag and everything it stands for, stocks and Winchesters are only a small part of my concern. T/R
TR said
Kevin, How long it takes to come back is dependent on the results of a not so certain election. I’m a veteran that solutes the Flag and everything it stands for, stocks and Winchesters are only a small part of my concern. T/R
I believe the duration of this market correction has more to do with how bad this virus gets than results of the upcoming election.
I also believe most of us feel the same way as you regarding the Flag and everything it stands for. And that stocks and Winchesters are a very small concern as compared to the uncertainly of the toll and misery the virus may inflect.
Winchester Model 1873 44-40 circa 1886
Henry Mero said
I’ve said it on a couple other posts, “I am looking for a few pieces”, ’86 musket, ’85 musket, any ’76 and a Henry. I haven’t found any of those “investment” grade guns at a distress price yet, show Me some and I’ll probably buy ’em.
Henry – does this mean you’ve acquired a Model 1894 musket? 😉
Like others said – it depends on how bad the economy and the virus gets. Cash will be king. If the choice is buying another rifle for the collection or paying your bills…
Another sad element – The virus seems to have a higher mortality rate for our older ones – especially males. IF that holds true then the rate of collections coming on the market is only going to increase, while buyers with disposable funds will only decrease – at least for the next several years.
Just can’t see prices going up under those conditions…
If you have the money then buy because you like to own. Nothing wrong with that, we all drive vehicles that don’t appreciate in value. Just don’t expect most Winchesters to be an “investment”. Good investments require liquidity and a rise in value.
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