I recently purchased a Colt 6920 at a very good price.
I also read that Colt may no longer be distributing them, although I am not so certain I believe it.
If I can obtain another Colt 6920 for the same price is it a good investment to store it unopened? Will it appreciate in price over the next few years or is that just a dream.
I seems that had I stored a brand new in the box Mark IV Series 70 Colt 1911, it could be sold at a healthy profit today. I know there are a lot of factors but it seems you couldn’t lose as it will always be worth more than I would pay for it…I think:confused:
they’re not gonna go up in value unless legislation, or fear of it, causes demand to exceed supply again. i have heard nothing about colt discontinuing the 6920 line, and seriously, seriously doubt it- its an extremely popular weapon
ETA: not being discouraging, though- if you’re getting a truly sooper good deal, then buy away. buy 10, sell them, and make a couple hundred bucks. or buy one, grease it up, bag it up, and store for the someday inevitable legislation that does make it worth its weight in gold.
I guess my idea of buying guns as a investment is not a good idea ! I buy them cause I like them and I can use them and in general they do not go down much in value and many have gone up
but starting a thread on a gun forum and asking is this a good investment should never go together as I think you will get a yes it is
I say it can be but if it goes south who cares you still have something you can use and enjoy and if SHTF it will be worth a ton when other things wont like google stock
now if I had bought google stock when it first went public I would not be here as I would be retired on a beach off the grid
Monetary investment? No. Gold, silver, hell even the copper, brass and lead in ammo will appreciate in monetary value ten times what a firearm will over the same period. Without a complete ban that is. Look at the guys that stocked up on everything just a year ago at ridiculous prices because, like our real estate, “It will only go up from here!” and now can barely give them away.
Problem with an AR, especially in basic form, is that it is a fairly ugly hunk of aluminum and cheap plastic. Pulling that Colt out of the box in 30 years won’t be like finding an original WWII wood stocked rifle. Aluminum and plastic will still be relatively cheap and still quite ugly.
have a portfolio in metals: gold, silver, 7075 aluminum, 4140 steel preferably chrome lined or hammer forged, brass, and lead. The first two are worth more but you need the last four to protect the first two
Good investment compared to what? Investing in the market which over the long-term is probably close to a 10% annual yield? Probably not but then again neither will gold.
Will it gain value if you keep it in perfect condition? Probably.
Is it a sound investment strategy for the long-term? Probably not.
Copper averaged $.60/lb in 1986 and is $3.38 today. A 5.6 times increase in value. That’s just holding on to it and not playing the market. The silver boom in the 80’s made a lot of people rich when the price shot to levels that it hasn’t been reached again to this day.
If I was looking for return on investment, which is what I took this to be about, I would be kicking myself if I had invested that same money in firearms instead of being glad.
Of course they could all be banned from manufacture tomorrow and we’d all be sitting on a nice chunk of change. We wouldn’t be able to defend that change, but hopefully we’d get to enjoy it a bit before the thugs/government (I know, I know, one in the same) kick the door down to take it from us.
I had a buddy who was terminally ill and he put all of his $ in collector grade shotguns and insurd them for a very little to enjoy his last years of life collecting what he loved and avoiding inheritance taxes for his wife. The theory being after he was dead his wife could have one of his buddies sell a shotgun when ever she needed $. Unfortunately before he died his son went bankrupt and he sold all the shotguns to bail out his son’s family:(
