Sell or hang on to ?

The Heretic

Messages
19,328
Reactions
45,117
I have three rifles that went from less than $1K that I purchased them for are now worth $3-4K because they are "rare". For decades those were my primary defensive weapon, and they are my backups now (behind my 5.7 firearms). No others have appreciated that much - I did notice the other day some retailer on gun.deals asking $1600+ for a PS90 while the Five Seven remains at under $1K. The PS90 rifles used to be between $1200 and $1400 NIB.

*shrug*

It isn't worth it to me to sell something for maybe 20% more than I paid for it. And the rifles that are now worth 3-4X more? I could not replace them if I sold them for that - I suppose I could buy some Tavors - but then, if I really wanted to, I could buy some Tavors now (indeed, if I get a job before January, I may buy some anyway); it isn't that I don't have the $, it is just that I want to keep a certain amount of $ in reserve - just as I do with ammo and guns.

Now if one or more of my guns were suddenly worth $10K more than I paid for them, I would be much more inclined to sell them for that (assuming they could be easily sold for that) because I could buy so many more guns of equal capability for much less and ammo too.
 
Messages
1,140
Reactions
1,133
Right now there is a bid on a Taurus Raging Judge in 2in barrel for $1400 and up. Crazy!!!!

I am selling off my excess. I only have two arms but of course would like an extra 10k in ammo.
 
Messages
7,132
Reactions
22,109
I have three rifles that went from less than $1K that I purchased them for are now worth $3-4K because they are "rare". For decades those were my primary defensive weapon, and they are my backups now (behind my 5.7 firearms). No others have appreciated that much - I did notice the other day some retailer on gun.deals asking $1600+ for a PS90 while the Five Seven remains at under $1K. The PS90 rifles used to be between $1200 and $1400 NIB.

*shrug*

It isn't worth it to me to sell something for maybe 20% more than I paid for it. And the rifles that are now worth 3-4X more? I could not replace them if I sold them for that - I suppose I could buy some Tavors - but then, if I really wanted to, I could buy some Tavors now (indeed, if I get a job before January, I may buy some anyway); it isn't that I don't have the $, it is just that I want to keep a certain amount of $ in reserve - just as I do with ammo and guns.

Now if one or more of my guns were suddenly worth $10K more than I paid for them, I would be much more inclined to sell them for that (assuming they could be easily sold for that) because I could buy so many more guns of equal capability for much less and ammo too.


Keep in mind.
The early PS90's bring a bit more.
 

MechaNik

Messages
1,639
Reactions
3,587
Unless you're gonna sell several thousand dollars worth,I wouldn't. Thought about selling a few myself but I don't think an extra $500-800 or so is gonna help my financial situation much. Debt is already pretty controlled and I'd likely just buy another to replace what I sold, anyway so what's the point.
 

ZigZagZeke

Messages
5,073
Reactions
11,756
In the business world capital money and expense money are two very different things, and the two should never be mixed. Using capital money to pay current expenses means you are circling the bowl. Guns are capital items. When you sell guns to buy groceries or pay the utility bill, or pay for insurance you are using capital money to pay current expenses. Never a good idea if you can help it.
 

Camelfilter

Messages
6,481
Reactions
14,656
Tough to say what another should do.

However if one was going to sell firearms anyways (for whatever reasons), now is a reasonably decent time to do so.

Set a price & if they sell, they sell. If they don’t, then sell them the next market cycle.

Ex, if this election results in the same administration, the easiest market “predictor” is the next election cycle.

Granted this market cycle has other influences involved, however there will be another cycle. Will it be as severe? No idea, and certainly hope not from a simple society and 2A stability standpoint.
 

OldTengu

Messages
1,555
Reactions
3,326
I have a couple I’d consider selling if I thought I could get any of the other things I want right now. Everything I’d use the money for is sold out everywhere. Can’t find a .357 snub anywhere. Sub 1500 dollar 1911s? Nope. Lever action 3030? Good luck. I could go on, but the point is that currently it’s too difficult to replace anything I may consider selling.
 

ELRShooter

Messages
40
Reactions
59
I would trade the ones you’re not tied to. I did that and met a couple nice guys from the forum and I think everybody ended up being happy with what they gave up to get something new to them. Pretty cool to be able to do that here. Simple swap at the local FFL.
 

oremike

Messages
1,280
Reactions
2,393
For me guns have more value that just the money I can get for them. And yes I've sold guns because I needed the money. Now I don't have to. (knock on wood) How do you place a value on teaching a grand daughter to shoot with her very own $79.00 pink Cricket .22 single shot? Heck in 30 years she might hand down that very same .22 to her daughter. What's the value of taking a new shooter out and letting them try a 1911 or cowboy gun for the first time. I've got 2 boys and 4 grand kids what's the value of handing my guns down to them.
 

UPCOMING EVENTS

Free Firearms Safety Course (I-1639 Compliant)
Virtual Webinar (Zoom). Registration Link in the course description.
Seattle, WA, USA
Arms Collectors of SW Washington Gun Show
Battleground Community Center
912 E Main St, Battle Ground, WA 98604, USA
Albany Rifle & Pistol Club (ARPC) Gun Show
Linn County Expo Center
3700 Knox Butte Rd E, Albany, OR 97322, USA

LATEST RESOURCE REVIEWS

  • Sportsman's Warehouse - Albany
    5.00 star(s)
    Good products at good prices with friendly and knowledgeable staff!
    We like to visit the Albany location as it's closer but have been to several others and they have all been great!:D
  • Umpqua Survival
    4.00 star(s)
    Easy NFA transfer
    I had a silencer transferred through their shop. The paperwork was quick and the staff helpful and friendly. Whilst waiting, I did see a nice...
  • MK Tactical
    5.00 star(s)
    Awesome staff
    Being new to the area and having just made an online purchase of an AR lower, I opted to use MK Tactical as my FFL, without knowing anything about...
  • J&B Firearm Sales
    5.00 star(s)
    Good local shop
    Picked up a rifle yesterday from J&B. This was the second or third gun purchase over the last few years from them. I always enjoy stopping by...
  • H&K Gun Shop
    5.00 star(s)
    The only place I have found 9mm in stock
    I’ll admit I didn’t even know this place existed, as I don’t tend to go into Forest Grove often. But it’s a giant (looks bigger from the...
Top Bottom