Twistedsanity Posted July 8, 2013 Report Share Posted July 8, 2013 Does anybody here buy guns as investments? I was wondering how much certain guns increase in value over what timescales ? I realise that there are no easy fast rules but with the rubbish interest rates from savings can it be that hard to make a reasonable return on an investment of 20-30k over five years or so? I honestly have no idea which is why I'm asking but would rather put my savings into something I can enjoy instead of the bankers making money from it , at least that's what I'm trying to convince the Mrs is a good idea :-) Quote Link to comment Share on other sites More sharing options...
JohnfromUK Posted July 8, 2013 Report Share Posted July 8, 2013 I rather suspect that short term you are almost bound to loose (commissions etc) - and long term, you would be doing well to keep up with inflation. Buy to enjoy, not to invest. Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 8, 2013 Author Report Share Posted July 8, 2013 I would be buying to enjoy but would like to know I'm not loosing money whilst doing so Quote Link to comment Share on other sites More sharing options...
BlaserF3 Posted July 8, 2013 Report Share Posted July 8, 2013 A quality English gun tends to increase over the years, the hardest thing to do though is to buy at the right price as dealers tend to buy the best ones. Quote Link to comment Share on other sites More sharing options...
Harnser Posted July 8, 2013 Report Share Posted July 8, 2013 Buy a good quality gun today and I dont mean a best english gun and I bet in 10 years time you will at least get your money back . Harnser . Quote Link to comment Share on other sites More sharing options...
JohnfromUK Posted July 8, 2013 Report Share Posted July 8, 2013 As an example - I bought a gun (nice good name English gun from a very reputable dealer) in 1990 - and sold it (trade in) in 2013. I pretty much doubled my money. Inflation over the same period is listed as 2 times (give or take a bit) - so I pretty much broke even. I had the enjoyment of the gun for over 20 years. Quote Link to comment Share on other sites More sharing options...
dob Posted July 8, 2013 Report Share Posted July 8, 2013 I bought an English single barrel 8 bore with Damascus barrel made by ward and son for £500 then had it valued at the antique roadshow by firearms chap six months after I got it and he said it would fetch at least £1300-£1500 . Going to hang on to it,got 25 shells for it but won't use it . Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 8, 2013 Author Report Share Posted July 8, 2013 i was looking more at 10-20k on a purdy or similar with a view to parting with it in around 5 years for a small profit , at the moment my 20k is going to earn me around 2.5k over that time , im not expecting to get rich but was wondering if i could buy a nice gun with the money to enjoy and cover my investment plus what i would have earned in interest safely when i sell it on , anything else would be a bonus but i dont like my money sitting in a bank when i could be out enjoying it instead Quote Link to comment Share on other sites More sharing options...
browning123 Posted July 8, 2013 Report Share Posted July 8, 2013 (edited) You might be better off buying a top quality Beretta or similar, I purchased a new EELL in 1995 for £2100 used it every season for eighteen years and resently resold it for £3300. Edited July 8, 2013 by browning123 Quote Link to comment Share on other sites More sharing options...
bostonmick Posted July 8, 2013 Report Share Posted July 8, 2013 I would find something else to invest in as shooting is a hobby for most people and you will be very lucky to realise a worthwhile profit.you would be taking a hell of a risk with solid cash in the hope of finding the right person for the gun you buy,i bought some land five years ago (farm land) and it has doubled in value also I am earning a little from it each year as I have rented it out for crops also get to shoot pigeons over it so win win. Quote Link to comment Share on other sites More sharing options...
Catweazle Posted July 8, 2013 Report Share Posted July 8, 2013 Buy some land to shoot on, it's not guaranteed to hold value after the crash but it's safer than most investments. Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 8, 2013 Author Report Share Posted July 8, 2013 i was looking at a S06EELL in my local RFD for 20,995 but dont know enough about prices to even know if its a good deal or not , i guess buying from a dealer it will be at top dollar already, there are a couple on gunstar from 18k upwards but its guesswork as to what the return would be on it in 5 years time i suppose , better to start smaller i think I would find something else to invest in as shooting is a hobby for most people and you will be very lucky to realise a worthwhile profit.you would be taking a hell of a risk with solid cash in the hope of finding the right person for the gun you buy,i bought some land five years ago (farm land) and it has doubled in value also I am earning a little from it each year as I have rented it out for crops also get to shoot pigeons over it so win win. now thats an idea i hadnt thouhght of before, ill look into that one Quote Link to comment Share on other sites More sharing options...
Catweazle Posted July 8, 2013 Report Share Posted July 8, 2013 i was looking at a S06EELL in my local RFD for 20,995 but dont know enough about prices to even know if its a good deal or not , i guess buying from a dealer it will be at top dollar already, there are a couple on gunstar from 18k upwards but its guesswork as to what the return would be on it in 5 years time i suppose , better to start smaller i think now thats an idea i hadnt thouhght of before, ill look into that one Do you think there will be enough people with £20k to spend on a gun in 5 years time ? Ask yourself how the economy will be then. Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 8, 2013 Author Report Share Posted July 8, 2013 Do you think there will be enough people with £20k to spend on a gun in 5 years time ? Ask yourself how the economy will be then. good point, but there will always be rich folk after nice guns? Quote Link to comment Share on other sites More sharing options...
Pastiebap Posted July 8, 2013 Report Share Posted July 8, 2013 I was informed by an RFD that firearms are not subject to inheritance tax (don't know how true this is though) which is why he had lots of customers "investing" in old English guns. Quote Link to comment Share on other sites More sharing options...
Catweazle Posted July 8, 2013 Report Share Posted July 8, 2013 I was informed by an RFD that firearms are not subject to inheritance tax (don't know how true this is though) which is why he had lots of customers "investing" in old English guns. Shotguns are not subject to capital gains tax, but then again neither is woodland ( or to be more accurate the increase in value of the wood on the land ), but given that the use of the land has not changed you can successfully argue that the increase in the value of the woodland is due to the increase in value of the wood upon it. Consult your accountant for accurate information. Quote Link to comment Share on other sites More sharing options...
Pastiebap Posted July 8, 2013 Report Share Posted July 8, 2013 Shotguns are not subject to capital gains tax, but then again neither is woodland ( or to be more accurate the increase in value of the wood on the land ), but given that the use of the land has not changed you can successfully argue that the increase in the value of the woodland is due to the increase in value of the wood upon it. Consult your accountant for accurate information. I'll never be in the position to have an accountant to consult let alone an English gun or woodland lol Quote Link to comment Share on other sites More sharing options...
JohnfromUK Posted July 9, 2013 Report Share Posted July 9, 2013 Shotguns are not subject to capital gains tax, but then again neither is woodland ( or to be more accurate the increase in value of the wood on the land ), but given that the use of the land has not changed you can successfully argue that the increase in the value of the woodland is due to the increase in value of the wood upon it. Consult your accountant for accurate information. You are right to advise professional advice. The 'wasting asset' principle would not necessarily apply - and especially to anything bought for 'investment', and the rules re woodland are complex. Quote Link to comment Share on other sites More sharing options...
Dead Eye Dunc Posted July 11, 2013 Report Share Posted July 11, 2013 Go and buy the right Porsche 911 SC/Carrera. If that's not worth £5-10k more in 5 years give me a call and I'll make up the difference! Maintanance is minimal and if you drive it you'll have a lot of fun in the mean time. I have a few customers that have done this. Some even pay me to store it and keep it running nicely and don't even drive it. If you are interested drop me a PM (offering advice, not services but a moderator can let me know if I'm breaking the rules) Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 11, 2013 Author Report Share Posted July 11, 2013 hey Dunc, I had thoughts along a similar line to that but not using a squashed beetle !! I was going to spend on a nice low mileage high end RS500 cossie as they are getting rarer all the time but it storing it that's my issue, car covers cause moisture issues and I have no garage to keep it in just a driveway :-( Quote Link to comment Share on other sites More sharing options...
AlistairB Posted July 11, 2013 Report Share Posted July 11, 2013 A family friend used to invest in best london pairs, buying one's with accredited history. However, as far as i am aware, he's never sold any of them. I guess at the end of the day, it's only a good investment if you can find someone willing to pay the price you want for it when you come to sell it. He also buys farm land as an investment, and does sell that regularly, so i guess it's take your pick! AB Quote Link to comment Share on other sites More sharing options...
IEH Posted July 11, 2013 Report Share Posted July 11, 2013 A factor that would concern me would be how the prices of 'best' guns might be affected if lead shot is outlawed? Quote Link to comment Share on other sites More sharing options...
figgy Posted July 11, 2013 Report Share Posted July 11, 2013 I'd buy land or a wood in the right place, as allways been a good investment. God forbid we get a ban on lead shot, it would knack the gun investments for a lot of folks. Figgy Quote Link to comment Share on other sites More sharing options...
Twistedsanity Posted July 11, 2013 Author Report Share Posted July 11, 2013 So what guns can't fire anything other than lead? Is it purely an age thing ? Quote Link to comment Share on other sites More sharing options...
ChrisAsh Posted July 11, 2013 Report Share Posted July 11, 2013 What is the bet that say in the next five years lead will be banned, so old guns will just be wall hangers and even if not then who would really use a £15,000 plus gun that often especially as the modern gun is probably far better with back boreing, multi chokes, cnc machining and plentiful spares Old guns are like old cars nice to look at and take out now and again, but very risky as a investment Quote Link to comment Share on other sites More sharing options...
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