A 686+...how much???

Ceapea

Ceapea

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Okay, I'm digging through some old receipts when I find the one for my first ever handgun. I purchased the 686+ (686-5) back in March of 2000. The revolver (brand new) was $349.00 and a 50 round box of 38spl, 158gr lrn was $8.49.
A box of 357 mag, SD ammo was $14.99!
Ahh, the good old days:rolleyes:
 
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It's amazing how things have changed. I just bought a new 617 4" for double that amount. Your 686 is making you more money than if you would have put that money in the bank. And its more fun. Thanks for sharing.
 
You made me look at some old receipts also. I inherited these from my brother who died, but he was anal about paperwork. He paid $212.00 in March 1999 for the 686-5, and $424.00 in Oct of 1998 for the 686-5+. He always knew what to buy and when.
 
It would have been really hard....

You would have had to try awfully hard to overpay for a gun back then compared to today's prices. Too bad we can't predict the future. Maybe I wouldn't buy a lot of guns to flip, but i would buy what I want.
 
I paid $400 for a New Colt Python in 1976. $200 for a Colt 1911 Combat Commander.I cant remember my S&W prices right now, but they were similarly low. I also distinctly remember stating I would quit driving if gas ever hit $.50 a gallon!
I can recall my great aunt complaining about the price of bread. She said she remembered when it was $.05 per loaf. My Grandmother scolded her and said it didn`t matter what it cost, since nobody had the $.05 to buy it!!!
Time travel would be so nice.
 
I paid $450 for a 29-1 8 3/8" nickle back in 1979.
List was about $160. That was big bucks then. I was
an E-2 in the AF making about $400 bucks a month
and $55 in jump pay, if I remember right. I had to
finance it though the base credit union. It was the
first N frame I ever saw. Of course I still have it.

It has been hard to pass one up ever since!
 
Wow. One of my biggest regrets is not discovering revolvers sooner than I did. My collection would be a lot bigger.

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In 1996 I paid $599.00 for a Brand new (Made in Germany) Sig Sauer P226.

Best Gun I have ever shot. That and my 28-2 are my "Never Get Rid of"/ "Emergency" Guns.

I got a Mini 14 for $399 back in 1999.
 
Your $349.00 is now worth $480.48 in today's dollars and cents.

Someone else can figure out what you would have now in dollars and cents if you had invested the $349.00 in EXON Stock in 2000. I suspect you would of at least quadrupled your investment.

I bought my lake lot back in 2001 for 90 grand and similar lots are now selling for close to a half mill.

Overall, firearms are still not a great investment. The above is not intended as being critical or bashing anyone. We generally buy our firearms for the pleasure factor. In the event they hold their value and hopefully provide some investment return is another plus.
 
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My father-in-law told me that back in '55, when he got out of the service, almost any handgun could be had for $50!
And, he had a bunch of them...1911's, Luger (1), many S&W wheelguns, Ruger's, etc...
We never talked about long gun prices, but he had many of them too.
 
With the current value of money, your Father-in-Law's fifty bucks from 1955 is now worth $442.30. This is to say it would typically cost you four hundred and forty dollars today to buy what you could buy for fifty bucks back in 1955. Things like commodities and/or food on the table.

One of those pistols back around that time came from the Army Arsenals as an Arsenal Rebuilt M1911A1 which were sold to civilians for approximately twenty-seven dollars and change. There may of been some dollar or two shipping charge. Anyway those pistols, if in close to the same condition as then without replacement parts, could be valued at a couple of grand in today's collector market. There are exceptions to where firearms are tremendous investments.
 
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