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collector coins, stamps, antiques and firearms...
from a prior post, was the question 3 of 4 things people collect that are worth less money year over year...
3 to 4 more terms of a Democratic President and Congress, you will be able to add guns as the 4th thing.
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Every collectable item has unique circumstances. Just because one collectable item has lost value doesn't mean all will.
Stamp Collecting: This hobby has completely died. No surprise since the last generation to actually use stamps is now dieing off. Stamps were an integral part of daily life for this generation, its how they communicated with family, its how young couples kept in touch during the great wars and they all have fond memories of receiving a letter in the mail and all the excitement that went with it. Baby boomers and Millennials have no desire to collect stamps, they grew up with telephones, my age group grew up with AIM, Myspace and Facebook.
Antiques: This is such a large category. Antique firearms go up in value, as do antique cars. Antique furniture typically goes down in value. Why? Well for starters the furniture most people buy is never good to begin with, then someone used it on a daily basis for 50+ years without ever maintaining it, now it smells like a combination of old people and cat piss. The bottom line is just because something is old doesn't automatically make it a valuable or an "antique".
Coins: This hobby is hit or miss. Determining if a coin will go up or down in value is a combination of rarity, material, design, grade and probably a dozen more things. Common coins made of cheap metals like pennies and nickels have no following, to be honest they never really did. But pre-1965 dimes, quarters, half dollars and dollars are very popular among collectors, fetching many times their melt value even for common dates. And the rare dates can sell for thousands of dollars and only seem to be going up in value, even with the price of precious metals significantly lower than recent highs. Most people just don't understand investing in coins and buy coins off TV commercials and wonder why the REPLICA coin they bought from china which is literally stamp with the word COPY or REPLICA is not worth $100 when they go to sell it, hmmm maybe because not a real coin and its made with pot metal and spray painted gold....durrr
Which brings us to firearms. I have to go with cyborg543 on this one. The older MGs have a massive following and always will, sure they aren't tactical and you cant mount a red dot to them but there is something about owning a firearm that was used during the greatest/most influential time in modern history, that affected literally the entire world. More modern MGs don't have the history behind them but show up in the latest action movies, on news footage and much more. The fact that you can own SOME of the same firearms that modern combat units take with them into battle is amazing. M16, HK, AK, Uzi, FAL, M14, M240, M60 are the most popular and it is reflected in their price. Most of which are modular and can be upgraded with the latest parts and accessories so they will be able to stay in the "modern" category for decades to come.
The total percentage of gun owners in America has not change, at approx. 40% of households. While the percentage may not have changed over the last 50+ years The pop. of the US has nearly double in the last half century. which means the total number of gun owners has grown. We see the same in NRA membership. Yet MGs are a fixed supply at 186k in 1986 and 175k in 2016.
Basic economics tells you what happens when demand increase and supply decreases.