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Tractor Talk Discussion Board

Re: RE: gun value


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Posted by TimV on November 02, 2016 at 11:54:44 from (74.78.234.72):

In Reply to: RE: gun value posted by Ricey06 on November 02, 2016 at 03:16:18:

The gun market, like many others, has any number of "special", "limited edition", "exclusive", "commemorative", and half a hundred other superlatives added on to their offerings in an attempt to increase profit margins through the illusion of scarcity. It's just another application of the old "supply and demand" rule--if you have a demand and restrict the supply, the price will go up. However, very rarely do these gimmicks increase the long-term value of a gun, and, as noted, they often detract from it. There are exceptions, of course--some guns start out as limited editions and have a pleasing or particularly useful combination of features--perhaps a different barrel length coupled with a non-standard caliber--that they sell out quickly and are in high demand on the used market, or are turned into mainstream offerings by the maker. Others sell well because of a strong continued interest in what they commemorate--for instance, Dale Earnhardt memorabilia of any variety soared to breathtaking heights after his death and still remains popular--but in general, like any other collectible, it's VERY difficult to predict which ones will gain value and which won't, except to say that the vast majority won't. Were I you, I'd resign myself to the fact that you're not going to get much if any of a premium to the price of a standard gun of similar make, and, as the basic gun it's based on is a long-running production model with hundreds of thousands already made, the chances of it appreciating in value are relatively slim. It's been my experience that "blue book" gun values need to be treated with a large grain of salt--many dealers use older editions that may not reflect current market values and even a new edition won't break out values for every single possible combination of features, especially when, as noted, nearly every manufacturer has so many "special" editions to the base model that keeping track of all of them is far beyond the scope of any general-interest publication.


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