06 December 2008, 23:43
rockFirearms value appreciation
let me preface this by saying I understand the open ended nature of this question as well as all the variables but I am looking for a ballpark.
What I am trying to do is estimate the value of some firearms I own as of 16 years ago. I have a current appraisal so I'm looking for some general percentage of appreciation that I can apply to get rough values.
Any ideas guys?
09 December 2008, 18:13
remington660consult the current bluebook for firearm values. Some firearms values appreciate some don't.
Rock,
See if you can find an old blue book, then get the newest one. I have one from 1994 and the values on some smiths and colts is vastly different.
On a side note, my uncle has been collecting WWII guns since the late 60s he went over the values today and says that they've gone up a total of $20,000. He didn't think this was much appreciation and obviously it is not compared to stocks and other investments.
If I were you, I'd go on the gun auction sites and search your guns and average the selling prices out. You will find these are a realistic assessment of the "going rate."
When I purchase guns I look at blue book. I then figure out if I shoot it and take care of it, will I get the same back or more than what I paid. If I can, then I'll buy it. This is more practical for a hybrid shooter/collector like myself.
The NRA and Blue Book have closed a deal where NRA members will be able to access the Blue Book online for free.
http://nugun.wordpress.com/200...-book-of-gun-values/