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colt saa investments

1988RRC1988RRC Member Posts: 55 ✭✭
edited May 2010 in Ask the Experts
which is a better colt ssa investment?
commerative colts
1st gen
2nd gen
3rd gen

im getting tired of 1/2% interest in the banks.

Comments

  • Spider7115Spider7115 Member Posts: 29,704 ✭✭✭
    edited November -1
    1st or 2nd generation. Commemoratives are traditionally a poor investment and 3rd generation Colts are plentiful.
  • tsr1965tsr1965 Member Posts: 8,682 ✭✭
    edited November -1
    You have recieved good advice. 1st and 2nd are the best, especially if they letter, and are in good condition. Watch estate sales, pawn shops, and some auctions and look for decent prices, or someone in need of money. However, be prepared to spend it too.

    Best
  • perry shooterperry shooter Member Posts: 17,105 ✭✭✭
    edited November -1
    good 3GEN
    better 2Gen
    Best 1Gen
    worstCommeratives

    editHello COWBOY you have been buying the WRONG kinds of guns I agree with CARTOD on this one . Compare the price of American made better quality SXS shotguns Winchester "before they were sold " Lever Guns Colt Single actions and 1911 Type and any military fire arm. Todays prices with those of 20 years ago With your stock market. You cant play with your stock certificates and you darn sure can't put meat on the table.[:(]
  • SpartacusSpartacus Member Posts: 14,415
    edited November -1
    agree with the above.
    the commemoratives have a high asking price, but generally sell to a smalerl group of collectors. i have a tercentenial south carolina pair that are special to me, but will be hard to sell at a profit.
    first gen guns command the highest prices. i don't know if the appreciation is all that much better than the second gen guns, but i hope it is!
    i think there might be some future value for special order 3rd gen guns. i just bought a matched pair of nickel and ivory 38 spl's, so i hope the value will go up
    just my 2c
    tom
  • nmyersnmyers Member Posts: 16,892 ✭✭✭✭
    edited November -1
    The only folks who will make money on collectible guns are those who can call themselves "experts". And, I don't think you are a Colt expert, or you wouldn't be asking us this question.

    Most people selling old Colts are looking to get the most money they can for them. Don't expect them to tell you the guns' faults. If you aren't experienced enough to find the problems, you will likely get fleeced.

    I buy guns I like. For investments, I consult with my financial advisor.

    Neal
  • cowboy77845cowboy77845 Member Posts: 316 ✭✭
    edited November -1
    I believe you best buy guns because you like them. They are not investments per se. Rather they are collectibles which may or may not appreciate. I have been collecing guns for 50+ years. None have done as well as good quality stocks and most are some what illiquid at various points in time. Mostly when I need money. Quality 1st generation Colsts are expensive. You probably will not live long enough to see a spectacular return on your money.
  • GuvamintCheeseGuvamintCheese Member Posts: 38,932
    edited November -1
    quote:Originally posted by nmyers
    The only folks who will make money on collectible guns are those who can call themselves "experts". And, I don't think you are a Colt expert, or you wouldn't be asking us this question.

    Most people selling old Colts are looking to get the most money they can for them. Don't expect them to tell you the guns' faults. If you aren't experienced enough to find the problems, you will likely get fleeced.

    I buy guns I like. For investments, I consult with my financial advisor.

    Neal
    I buy guns for investment, you can have the stock market.
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