Smith & Wesson 5906 Question

Henric

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Hi Everyone:

I would like to know if S&W 5906 semi-auto pistols are the type of guns that increase in value over time. I know most pre-lock S&W revolvers do.

I also know that they are great reliable guns and that repair parts may be scarce.

Your comments will be greatly appreciated.
 
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The 5906 will definitely hold value, but they just made so many of them that I doubt they'll ever be investment pieces. Some of the lesser produced variants do command a higher price, but generally these aren't safe queens.

They are well built, super reliable, easy to work on, and parts are readily available at the moment.


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My very first modern 9mm in the mid-80s was a 5906 (my only other 9mm was of course a Browning Hi-Power). I loved everything about that little beauty, from its somewhat futuristic look to the perfect fit to my hand to its accuracy. Alas, lost it (and a number of other cherished firearms) in a very nasty divorce about 10 years later.

I'd been thinking recently about it, and decided I'd get one to replace it. Stalked a few locally, then watched a number of them on GB. Finally found one in good shape at a decent price (less than $600) and bought it!

I occasionally rationalize to myself that I'm buying a particular gun as an investment, but we all know I'm buying them just to make myself happy. Another poster pointed out there were a metric sh*t ton of 5906s made, so they won't every achieve true collector status. Buy one because you like it, not for its perceived future value.
 
I paid $459 for this one new in 1994. I could probably get my money out of it. As an "investment", I have a bar of silver I bought almost 40 years ago that's doubled in value. The 5906 ain't even that good. Joe
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If you are looking for S&W guns which will increase in value, look for the ones which are no longer in production, i.e. 1st or 2nd Gen ones.
 
I am absolutely convinced that the S&W 5906 will increase in value, possibly two or three times what you pay for one today. The real question is, will you live long enough to realize those increased values?
 
The 5906 is a nice handgun and will likely appreciate, but there are a lot more likely candidates in the S&W line to be the "grail gun" of future collectors and accumulators.
 
Hi Everyone:

I would like to know if S&W 5906 semi-auto pistols are the type of guns that increase in value over time. I know most pre-lock S&W revolvers do.

I also know that they are great reliable guns and that repair parts may be scarce.

Your comments will be greatly appreciated.

The definition of "increase in value" is very tricky. Even if the price goes up, if it doesn't rise faster than inflation then it's "value" will be less even tho the "cost" is more. Then again, you could purchase one in an area of the country where the prices are low and sell it in an area where prices are higher and it's "value" will have increased in a very short span of time even when it's "cost" hasn't.

On the third side of this coin, my dad always told me that there are two values for everything in this world - what it's worth to you and what someone else is willing to pay for it.

The moral of this story is buy the pistol because you like/want it. If you are looking for an investment, go talk to a financial advisor.
 
If you are looking for S&W guns which will increase in value, look for the ones which are no longer in production, i.e. 1st or 2nd Gen ones.
Are you saying they still are making 3rd gen guns? That'd be news to me.
 
I paid $459 for this one new in 1994. I could probably get my money out of it. As an "investment", I have a bar of silver I bought almost 40 years ago that's doubled in value. The 5906 ain't even that good. Joe
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Accounting for inflation, you've lost money at that price.
 
I paid $459 for this one new in 1994. I could probably get my money out of it. As an "investment", I have a bar of silver I bought almost 40 years ago that's doubled in value. The 5906 ain't even that good. Joe
Going by memory, I think you got a HELLUVA deal in 1994 if you paid $459 for that 5906, NIB. Especially when you consider that there was a serious run on hi-cap (full-cap) 9mm guns before the Crime Bill went in to effect. While most folks didn't pay MSRP for guns then or now, the MSRP of that pistol in 1994 was probably in the $600+ range I'll bet.

In May of 1994, I bought a Taurus PT-99AF for the single purpose of getting a hi-cap/full-cap before the legislation. It was my first ever 9mm and I only bought it due to the legislation. I paid $450 for that. The 5906 was a better handgun, obviously, but that was out of my price range.

I'm wondering if you are/were FFL and quoting a $459 price that normal folks (especially right before the AWB) couldn't possibly get.

My 1006 was bought in June, 1992 -- and it was around $600. Not the same gun, but two years earlier.

To close out my thoughts... nice picture you show of that 5906. It looks unused. My Taurus from the same time and basically the same money has given me 20+ years of shooting and thousands of rounds down range. I couldn't get squat for it if I sold, but it's dropped dividends over a quarter century.
 
Dotto Sevens comments....... by 1995 hi-cap Glock 17 magazines were going for as much as $100 around here...... Any Hi-cap 9mm's with hi-cap mags were going for top dollar. IIRC a 915 w/ one 15round magazine was about $400 to $450 right before the ban....... bought a 915 cus I had a number of older 14 and 15 round 59 magazines...... I was using with my 6906 with +2 adapters.

One of the draws with Performance Center autos in the 1994-2000 period is they often shipped with 2 or 3 hicap magazines. My Shorty-9 came with one 12 round and two 15 round magazines with +2 adapters.

Inflation Calculator puts $459 1994 dollars at $782.89 today a 70.6% increase.......
 
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Going by memory, I think you got a HELLUVA deal in 1994 if you paid $459 for that 5906, NIB. Especially when you consider that there was a serious run on hi-cap (full-cap) 9mm guns before the Crime Bill went in to effect.
I'm wondering if you are/were FFL and quoting a $459 price that normal folks (especially right before the AWB) couldn't possibly get.
To close out my thoughts... nice picture you show of that 5906. It looks unused.

I was an 01 FFL at the time. The gun came with 1 15 rd mag and a "promise" of a 10 rd as soon as they made them. Sold it as soon as I got it. Gun is still new, have 5 new mags and half a dozen ex PD mags should I decide to use it. Joe
 
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