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Topgear-Well I suppose it only takes two people to drive an auction. All this stuff is getting rare though nowdays I suppose, but some of the prices are pretty steep.
I still wonder if older sako's will come down in price in the next 5-10 years though. Many of the "collectors" are getting on in years and I do wonder if a new generation of people that appreciate these older sako's will take there place? Will be interesting to see. Either I'll be buying lots of cheap older sako's or thinking jezz I'm glad I got that when I did!
Topgear-
I have had the same thoughts over the years but I still kick myself for getting rid of many of the rifles I have sold or given away, recently. I am one of those that no longer buys to collect due to age and health but I still see a healthy market in quality firearms of any name brand. Historically up and down market with varying lengths of feast and famine. The wealth achieved in firearms investing is generally felt inside an investors head, not his wallet.-Misako
The wealth achieved in firearms investing is generally felt inside an investors head, not his wallet.-Misako
The AR's have dropped to about half of their "panic" prices. But with their alloy frames and plastic stocks they are so cheap to build that they are still priced significantly higher than is justified compared to their cost of production. The same is true of the cheap (cheaply-made, that is) pistols flooding market. As a gun dealer friend of mine said recently, "Everybody who wanted an AR now has two and wants to sell one of them." So I have to agree, there is more down potential in the "black gun" market than up.I see it the other way around. It's the black junk on the market that will nosedive in value, if it hasn't already. I see pistol cases and rifle racks awash with the stuff, and more coming online all the time.