So what do you look for in investment firearms? Consider guns made by a quality company. Guns made by Colt, Smith & Wesson and Ruger have a good track record for increasing in value. The Colt Single Action Army has traditionally increased in value well, especially the older specimens that were carefully maintained. The Smith & Wesson Model 629 .44 magnum has a good following and the cost of manufacture for this fine gun will likely only increase, as will the retail price. Since the 629 is a stainless gun, it is easier to maintain over the long haul. The Ruger Redhawk .44 magnum has sold to eager customers for years and shows no signs of dropping in popularity. Again, I'd go with the stainless version for ease of care.
Wartime German Lugers have done well as collectibles, shooters and investments. Go to some of the online gun auctions and check a few of these fine guns and you'll appreciate the vast range of models, markings and prices available. Do your homework with all firearms, but especially with Lugers. Sometimes a subtle difference like the date stamp or a magazine with serial number matching the gun can make hundreds of dollars difference in the price.
Don't overlook discontinued guns. Many good gun companies have gone out of business or dropped certain models even though their products were good. Firearms made by High Standard are starting to go up in value. Their Double Nine .22 revolver has enjoyed an upswing in popularity and fetches a respectable price. The original Ruger Bearcat .22 revolver still sells well, even though Ruger brought out a newer version. The Remington Nylon 66 .22 semiautomatic rifle is highly prized and a good buy at the right price.
When frequenting yard sales, auctions and visiting with friends, always be on the lookout for good used guns. Even if you don't get rich, your new hobby is something to enjoy for years to come. And you just might find that rare gun that could make your bank account very happy, that is, if you can bear to sell it.
Published by Wiley Vaughn
I've earned my living in vastly different ways: as an LPN, an RN, a real estate agent and a gunsmith. I like do-it-yourself and have a little experience in automotive repair. I like gardening. I'm a Chris... View profile
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