Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the value of a shotgun rise with time, in general?

0
Posted

Does the value of a shotgun rise with time, in general?

0

Generally, good quality firearms, that are well maintained and not abused, will track the inflation rate…so they do increase in value. I bought a 460 Weatherby for $1,000 and added a $200 Leupold scope back in 1986. I sold it in 2006 for $2,200. So, I doubled my money in 20 years. However, had I bought a simple index mutual fund back in 1986 (when the DJIA was at 2,000), I would have made more than 6 times on my investment by 2006. Even today, with the bear market, I would be at least 5 times ahead. Firearms are a great store of value and if you enjoy using them, they are a lot of fun. But, they are not the best investments. (Which is why I eventually sold most of my collection.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123