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Rbreb13 said: "Figured I'd start a thread on this because we're cluttering up the precious metals thread.
I invest in firearms and ammunition. The prices for these items are always appreciating. None of the firearms I've bought are worth any less than what I paid for them and many are worth much more than I paid.
When I worked at a sporting goods store I was always able to get some real deals from people who were looking to get rid of something.
I picked up a Remington 1100 Trap, 30" about a year ago for $200, its worth over $900 in its present condition. Nothing like 400%+ on an investment. :th_dblthumb2:
I like to hunt so the firearms were a natural transition for me. I have since gotten into target shooting and combat shooting sports. I love silhouette shooting with rifles or handguns.
Disclaimer: If you don't feel like posting what you have I don't blame you. Big Brother might read this! LOL
I certainly won't tell!"
crankitdb711 said: "Wait, what metal is more precious than guns? :flipoff:
Thanks for the disclaimer, you never know who's looking. And yes I'm going to now go and remove my town from the location :D
I've never really seen guns as a financial investment, although they certainly are. A Russian Mosin Nagant M44 Carbine bought for $80 will definitely sell for several hundred a few years from now, and depending on the legal landscape... guns and ammo will only go up in value, no doubt about it.
But most of all, I see gun ownership as both a right and an obligation. Much as I will always vote, because so many have died to give me that freedom to do so, I will always own guns. And yes, while it seems a stretch that civilians will ever need guns to protect the wellbeing of the nation (from external or internal adversaries), I will not take that chance.
Anyway, on my wishlist I'm looking to pick up a German Mauser (this time a nice one with matching serial numbers, etc.) or a Springfield M14/M21 tactical but the latter can be quite expensive. I'm also looking to find a job in PA so I can do what I want, be taxed less, and have more space (ie, freedoms), but that probably won't happen soon.
Well now that I sound like a freak... back to shopping for more ammo. :laugh:"
crankitdb711 said: "PS. my girlfriend's father is looking to unload a bunch of guns he inherited. I may buy some but he doesn't realize he will never get 100% of the value he's finding in a price book. Aside from a dealer, do you know of any places he could sell them, or at least see how much he would really be able to pick them up for so that I can buy them at the non-mint price they should be going for? I know there are online auctions but those are really only for FFL who look to buy them cheap and sell them for much more. If you have any ideas, I'd appreciate it. I just can't seem to find prices that are reasonable enough that he could actually sell them for (so I can buy them). Legal ideas only please. :D"
Rbreb13 said: "The Springfield won't be cheap thats for sure.
[url]http://www.ableammo.com/catalog/default.php?cPath=9935_13987_14156[/url]"
Rbreb13 said: "[QUOTE=crankitdb711]PS. my girlfriend's father is looking to unload a bunch of guns he inherited. I may buy some but he doesn't realize he will never get 100% of the value he's finding in a price book. Aside from a dealer, do you know of any places he could sell them, or at least see how much he would really be able to pick them up for so that I can buy them at the non-mint price they should be going for? I know there are online auctions but those are really only for FFL who look to buy them cheap and sell them for much more. If you have any ideas, I'd appreciate it. I just can't seem to find prices that are reasonable enough that he could actually sell them for (so I can buy them). Legal ideas only please. :D[/QUOTE]I never pay book price for firearms. At most you should pay 10% less than book. The link in the above post of mine seems to have reasonable prices. But it more depends on condition and rarity to set a price. Some will pay more than others but selling guns is always hard to do. Just because of the regulations and for me I have to feel good about the buyer. If he looks like a scumbag, he could offer twice what its worth and he won't get it."
crankitdb711 said: "[QUOTE=Rbreb13]The Springfield won't be cheap thats for sure.
[url]http://www.ableammo.com/catalog/default.php?cPath=9935_13987_14156[/url][/QUOTE]
Yeah I'll probably never pull the trigger on it (pun not really intended but what the heck) but I still think it's awesome. Not quite Barrett awesome, but awesome nonetheless.
[QUOTE=Rbreb13]I never pay book price for firearms. At most you should pay 10% less than book. The link in the above post of mine seems to have reasonable prices. But it more depends on condition and rarity to set a price. Some will pay more than others but selling guns is always hard to do. Just because of the regulations and for me I have to feel good about the buyer. If he looks like a scumbag, he could offer twice what its worth and he won't get it.[/QUOTE]
I agree, I just need to find a way to show him how tough it is to sell guns... that people aren't just out there waiting to buy his guns at full price. (And yes, I don't mess around with laws when it comes to buying/selling guns). I'll def look more at that site to see if it looks reasonable... a couple I looked at definitely do, so maybe I'll give that link to him."
JAP said: "Rb, I finally picked up my new Remi 870! Nice piece... very smooth compared to the Mossberg. The guy at the gun store was very knowledgeable about both of them.
I'm gonna take it to the range this weekend. :)"
bobjitsu said: "I buy some guns for investment. I just bought an HK94 and have an AR50 for investment. I'll post pics in a day or two of other stuff. Any of you members at AR15.com?"
crankitdb711 said: "My buddy's looking to sell an M1 Garand (US troops used Garands in WW2 vs the krauts... for the non-gun guys). It's a 1944 with matching parts, barrel, etc. The stock has a small slice of wood missing and has some dents but the real downside is that a .30-06 bullet fits all the way down the barrel until 2mm from the casing. I'm concerned that there's not much barrel life yet. He paid $900 and is looking to sell it to me for the same? Anyone have any thoughts about this or any Garand or how this one did in the bullet test and whether I should buy it? Your insights are very much appreciated. :)"
Rbreb13 said: "[QUOTE=crankitdb711]My buddy's looking to sell an M1 Garand (US troops used Garands in WW2 vs the krauts... for the non-gun guys). It's a 1944 with matching parts, barrel, etc. The stock has a small slice of wood missing and has some dents but the real downside is that a .30-06 bullet fits all the way down the barrel until 2mm from the casing. I'm concerned that there's not much barrel life yet. He paid $900 and is looking to sell it to me for the same? Anyone have any thoughts about this or any Garand or how this one did in the bullet test and whether I should buy it? Your insights are very much appreciated. :)[/QUOTE]$900 is a decent price but you'll need to re-barrel it if you want to shoot it. New barrel around $160 and then pay a gunsmith to install it. You can get Grands in reasonably good condition for around $1300 if you can find one."
Rbreb13 said: "[QUOTE=bobjitsu]I buy some guns for investment. I just bought an HK94 and have an AR50 for investment. I'll post pics in a day or two of other stuff. Any of you members at AR15.com?[/QUOTE]Nope, not AR15.com but I own an AR15."
Rbreb13 said: "[QUOTE=JAP]Rb, I finally picked up my new Remi 870! Nice piece... very smooth compared to the Mossberg. The guy at the gun store was very knowledgeable about both of them.
I'm gonna take it to the range this weekend. :)[/QUOTE]How'd it shoot?"
crankitdb711 said: "[QUOTE=Rbreb13]$900 is a decent price but you'll need to re-barrel it if you want to shoot it. New barrel around $160 and then pay a gunsmith to install it. You can get Grands in reasonably good condition for around $1300 if you can find one.[/QUOTE]
Thanks man, I appreciate your response and opinion. How do you know how much barrel is left based on the number of mm? 2mm definitely means it needs to be re-barreled? I'm not saying it doesn't seem right, it's definitely not doing great with the barrel test, I'm just wondering how you determine the cutoff.
I want a good year with matching parts that will be collector and I won't shoot much but I want it to be nice. I think this gun's wood is too dinged up and I don't like that it won't have a matching barrel... not to mention that it would be a huge pain in the butt to rebarrel for me. I think you're helping me talk myself out of it, but I do appreciate your advice. If it was a little dinged, but matching, a good year, and had a thousand rounds left in it, fine... but if it's going to be inaccurate now and has 100 rounds left in it then forget it. any thoughts? thanks again."
Rbreb13 said: "You said a .30 caliber bullet fit down the barrel to within 2mm of the chamber? That was from the bore end right? It shouldn't even fit from the bore. It sounds like its shot out. No rounds left in it!
Personally I wouldn't buy it for $900. Its not worth that much to me."
crankitdb711 said: "[QUOTE=Rbreb13]You said a .30 caliber bullet fit down the barrel to within 2mm of the chamber? That was from the bore end right? It shouldn't even fit from the bore. It sounds like its shot out. No rounds left in it!
Personally I wouldn't buy it for $900. Its not worth that much to me.[/QUOTE]
Lol not within 2 mm of the chamber... within 2 mm of the brass/casing of the round. Obviously if it made it all the way down to the chamber it would basically be unsafe to fire as the bullet may not even have enough gas behind it to make it through the barrel, or it would spin loosely... nah, I'm saying when a bullet with the casing is inserted the wrong way down the barrel, the bullet fits most the way in except just a couple mm from the brass. I hope this makes sense... maybe we are on the same page... definitely not talking about the chamber though. Regardless, I am starting to think it's not worth it. Maybe I can take a picture of it this weekend or something, next time I can see him. Thanks again for your help and input. :th_dblthumb2:"
Rbreb13 said: "Measuring that way don't mean nothing. It would be dependent on bullet shape, if its seated properly etc. You'll need to inspect the bore to be sure, you'll need a borelight or a small mirror.
From what you just described it doesn't sound near as bad as what I first pictured in my mind, LOL! I thought a bullet was able to freefall down the barrel to within 2mm of the chamber and that sounded VERY bad!"
crankitdb711 said: "[QUOTE=Rbreb13]Measuring that way don't mean nothing. It would be dependent on bullet shape, if its seated properly etc. You'll need to inspect the bore to be sure, you'll need a borelight or a small mirror.
From what you just described it doesn't sound near as bad as what I first pictured in my mind, LOL! I thought a bullet was able to freefall down the barrel to within 2mm of the chamber and that sounded VERY bad![/QUOTE]
Ha yeah... but he does have a '46 Garand with a '55 barrel and the exact same bullet has about 4mm in the same test. It's impossible to tell but if I had to guess, that difference in diameter of the 2 tips of the barrels is about 3/4-1mm which means the bullet will travel through the rifling that much less tightly. When looking down the barrel, the rifling looks pretty good, so it may be its previous owners in the army cleaned it pretty roughly from the barrel end and didn't put the brush through straightly. This may not sound like a huge deal but the last inch of the barrel is supposed to be the most important for accuracy as this really is what projects the bullet's path. You've helped me be scrutinizing about it which is a good idea for me as I often jump in to decisions on impulse. Maybe I will be able to take it to a gunsmith to get a final opinion and set of eyes on it. He's got some camera to look closely at the inside of the barrel and am sure he'll have an opinion on it. Thanks again Rb!"
lil dickie said: "How well does the old equipment work? Can probably still kill easily I would guess."
Rbreb13 said: "[QUOTE=crankitdb711]Ha yeah... but he does have a '46 Garand with a '55 barrel and the exact same bullet has about 4mm in the same test. It's impossible to tell but if I had to guess, that difference in diameter of the 2 tips of the barrels is about 3/4-1mm which means the bullet will travel through the rifling that much less tightly. When looking down the barrel, the rifling looks pretty good, so it may be its previous owners in the army cleaned it pretty roughly from the barrel end and didn't put the brush through straightly. This may not sound like a huge deal but the last inch of the barrel is supposed to be the most important for accuracy as this really is what projects the bullet's path. You've helped me be scrutinizing about it which is a good idea for me as I often jump in to decisions on impulse. Maybe I will be able to take it to a gunsmith to get a final opinion and set of eyes on it. He's got some camera to look closely at the inside of the barrel and am sure he'll have an opinion on it. Thanks again Rb![/QUOTE]It might just need to be re-crowned, too. That would be a bit cheaper."
crankitdb711 said: "[QUOTE=lil dickie]How well does the old equipment work? Can probably still kill easily I would guess.[/QUOTE]
Pretty good but haven't fired it... not exactly looking to see if it kills but um... yeah...
[QUOTE=Rbreb13]It might just need to be re-crowned, too. That would be a bit cheaper.[/QUOTE]
word... gonna take it to a gunsmith tomorrow... we shall see..."
crankitdb711 said: "Update:
Took the Garand to a gunsmith who put a high power round through it and the primer almost blew out. The rifle has pressure problems and the cycling's a little off. He said it might be shooter if using lower power rounds... um... yeah not buying it. It's all too bad because I know this thing was killing Germans or Japanese somewhere... if only guns could talk... the story this one could tell :("
Rbreb13 said: "[QUOTE=crankitdb711]Update:
It's all too bad because I know this thing was killing Germans or Japanese somewhere... if only guns could talk... the story this one could tell :([/QUOTE]The M1 Garand was used in Korea also. So add North Koreans and Chinese to your list of possibles.
To bad about the condition but.......oh well."
crankitdb711 said: "[QUOTE=Rbreb13]The M1 Garand was used in Korea also. So add North Koreans and Chinese to your list of possibles.
To bad about the condition but.......oh well.[/QUOTE]
LOL true... good point.
And yeah, this one didn't feel right, there'll be others"
Maverick Investor said: "First I heard about guns as investments was from watching the movie "Lock, Stock & Two Smoking Barrels".
What a great movie!
What a fantastic ending!
"It's been...emotional."
Cheers!"