Quote History Quoted:
Supply & demand.
The supply is fixed but demand varies. Once demand drops so do prices.
This is why I always buy guns that I intend to fire / use and never look at them as an investment.
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Many of my guns, I look at it as an investment. And why not, if and when I do get tired of it, and can sell it for at least what I paid for it, and in the ase of my Colt Python and Diamondback revolvers more than what I paid.
BTW: For you folks who think of your firearms as an investment, don't.
When my son was little 28 years ago, I bought for him an unfired Colt Python 38spl 8" nickle, yep 38spl, probably one of the most accurate revolvers made. When I gave it to him when he turned 21, the gun was worth ~$2K. My dad gave my son $1,000 in a mutual fund, that fund has grown to $5,000 at the same time.