Art Doc
SWCA Member, Absent Comrade
Looking at the asking prices for S&Ws I figure 5 more years and I sell them all, buy an island and retire.
About 5 more years.
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LimaCharlie
US Veteran
I will be selling my Colts and S&Ws and keeping my Glocks and Rugers to enhance my retirement.
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I was at my LGS a couple hours ago...prices are unreal....glad I'm not just starting out
DWalt
Member
That's the problem with guns as an investment. There's always the possibility that the metal scrap truck may someday be coming through your neighborhood to pick up all your guns (and everyone else's). Ever see the videos of what happened in Australia?
SJshooter
Member
Seriously, I can totally envision a scenario where S&W phases out the lock and the locked guns become hot property and the pre-lock guns sink in value overnight.
Qmark
Member
Thought I had seen it all until yesterday. A beat up, pitted police trade-in Model 19 at a pawn shop with a $599 price tag. After handing it back to the sales clerk. He tried to tell me its a collectors item and the Taurus and Charter Arms 357's are much stronger than S&W.
OP
Art Doc
SWCA Member, Absent Comrade
The local Gander Mountain had an early 1950s M&P in about 80% finish tagged at $699. A shooter 28-2 was offered recently for nearly a grand. People are asking $1500 and up (way up) for decent but not pristine 27-2s.
BigBill
Absent Comrade
How much is my recent 99.99% condition revolvers worth?
It's all priceless? I hate to shoot them now?
I been eyeing a python in nickel. (2k)
It's all priceless? I hate to shoot them now?
I been eyeing a python in nickel. (2k)
BigBill
Absent Comrade
I posted months ago my LGS had s&w used k38's starting at $750 to n frames $1,200. He has an outdoors man for $1k now.
They are getting totally crazy prices these days for S&W revolvers in pristine condition but what is shocking is that they are asking ridiculous prices for 80% condition revolvers and getting it and that makes no sense to me.
Skeptic 9c
Member
Get out the inflation calculator folks. The stuff isn't going up in value, the paper money is going down. Tak a legit 20 dollar gold piece to a dealer and ask if he'll trade for a revolver and a box of ammo...
Geoff
who notes the price of EVERYTHING!
Geoff
who notes the price of EVERYTHING!
whataboutbob
Member
If I sold mine I could buy this (if someone went in half with me)
Desert Rat 416
Member
If I sold mine I could buy this (if someone went in half with me)
The way I have seen some S&W's described at auction, that would be " a wooded lot with an excellent view of the lake."
66snub
Member
I was in a local pawn shop lately, and there was a M66-2 snubby for sale for $699. The crane was loose when locked in place, and I suspect that it was slightly bent because it didn't quite line up with the frame when closed. It also had several significant dings around where the barrel and frame meets, as well as on the bottom of the trigger guard. I wouldn't pay $300 for this gun. I would agree, things are a little out of control.
Stop looking at the asking prices and concentrate on actual, average selling prices. Not the crazy one-off bidding war highs, or the pawnshop-doesn't-know-a-Heavy-Duty-from-a-Model-10 lows. Granted prices are still going up, but perhaps not as drastically as we might think. Except Pythons - those are truly nuts.
And who wants a damn island anyway?
GF
Member
I wonder if the "new" breed of high payin' gunowners would frequent internet forums to talk about the different types & changes that make up the history of their new hobby?
I used to be a coin collector of sorts, subscribbed to magazines and went to shows.
When the price of gold and silver trumped the value of all but the rarest of coins everybody jumped in and made coin collecting about weight and not knowledge, I got out.
You gotta' know when to get out and SP may be right, 5 years or less. Everybodys gun collection is gonna' sell. No exceptions.
A standard grave is 2 1/2 feet wide by 8 feet long, according to the International Cemetery, Cremation and Funeral Association.
GF
I used to be a coin collector of sorts, subscribbed to magazines and went to shows.
When the price of gold and silver trumped the value of all but the rarest of coins everybody jumped in and made coin collecting about weight and not knowledge, I got out.
You gotta' know when to get out and SP may be right, 5 years or less. Everybodys gun collection is gonna' sell. No exceptions.
A standard grave is 2 1/2 feet wide by 8 feet long, according to the International Cemetery, Cremation and Funeral Association.
GF
I do to! The main reason I got into collecting old S&Ws was because they were such a high quality item at reasonable prices. Actually, all those years they were undervalued. I guess those times are gone for good!
I'm not disappointed in my purchases in the last ten years, because the values have gone way past what I paid, especially on the ones I paid what I thought was too much. Very few of mine would sell to an historical collector, and what happens to the value of a "shooter grade" when the population of "shooters" drops off, through attrition ( death) and restriction? It becomes a buyers market, I rekon. And a buyrs market means falling prices and falling knives.
A full tank of gas for my Ford Ranger cost me $61 yesterday. (Was running on fumes.) But 8 tanks of gas would buy me a decent used firearm. As would 100 fancy Starbucks coffees, or 5 Nordstrom dress shirts, or one iPad. Proportionally, firearms are still pretty reasonable. Especially S&W revolvers, which have been undervalued, given their quality.
I don't make a lot of money, but if you work, you can get what you want with budgeting, and used firearms hold their value. Just don't go to Starbucks.
I don't make a lot of money, but if you work, you can get what you want with budgeting, and used firearms hold their value. Just don't go to Starbucks.
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