Remington XP-100 Purchase, A Good Deal?

Fairlane66

I'm always looking for unique firearms to add to my collection and a coworker just made me an offer on a Remington XP-100. Unfortunately, I don't know anything about these guns so I'm not sure if it's a good deal or not. I probably wouldn't shoot the gun, just add it to my collection as an investment. In light of that, I'm wondering what you experts recommend.

I haven't seen the gun yet, but here's what I know. Gun is an XP-100 chambered in 6MM BR. It has no scope and is unfired in its original factory-supplied soft case. The seller says he bought it new in Las Vegas over 20 years ago and has stored it since. I checked Remington's site and it shows the XP-100 chambered in 6MM BR was made from 1990-1991 and came only from the Custom Shop, so the seller's timeline checks out. He is selling the pistol, along with 3 20-round boxes (60 total) of new factory brass, all for $650. OK, I know nothing about the XP-100, but unfired in its original case, a two-year production run, available only from the Custom Shop, and a model that is now discontinued...to my uninformed mind it sounds like this might be a deal.

So, what do you folks think...worthy of an investment purchase? What's it worth now? Is this model in this caliber likely to significantly appreciate if kept in unfired condition? I know I'm asking for some speculation in this case, but what the heck, opinions are welcome. I have the cash to plunk down if this is a
good deal....and I mean a good deal. However, if it's worth $650 with no real investment potential, I'd rather vector my hard-earned dollars elsewhere. Fire away with your thoughts and recommendations.

eastbank

i myself think its a good buy, the market for them is small, but new in the box will put it in the collector market. i own and shoot a xp-100R in .260 remington and love it,it thinks its a rifle. according to T.S. uncle albert,one of the i don,t give a crap crowd.

MG1890

Good deal! That pistol will be more accurate than any other factory rifle or pistol built!

rufe-snow

Since you don't intend to fire it. For all practical purposes buying it as a investment. My advice would be to do more research on Remington collectors sites. And talking to Remington collectors.

Demand is the biggest driver as far as values are concerned. From my own personal experiences. Low production, little known firearms, in obscure calibers. Sometimes can be very difficult to sell. Doesn't matter how few were made, or how famous the maker was, either.

It might be something you get stuck with, like Coleridge Albatross. I've had a bunch of turds over the years. That I have sold at a loss, just to get rid of them.

Grasshopper

My stomach feeling it is right on the price, but don't see a money maker,,i.e. couple hundred,

tsr1965

For firearms, for investment purposes, there are only two names that are money maker's, in general. Those names are Colt, and Winchester.

While these are very limited numbers, and this one is in a very sought after chambering(it is actually sought after to shoot, rather than collect), as it is an EXTREMELY accurate multi purpose round, I do not see the value climbing much. Although, it appears if you purchased it for that price, you might be able to double your money right away. That is a darn good price!

Like I said earlier, for investment purposes in firearms, search out vintage Colt's, and Winchester's from estate auctions, and estate and garage sales, that are in 90% or better condition...their value is always climbing.

Best

EDIT 1

Beantown,

Recoil, is nowhere near harsh in that size of gun, chambered in that chambering. Even up to a 250 Savage, or 260 Remington, recoil is pretty mild.

In the right hands, and set up properly, it is a 300 yard, gopher, and deer/antelope, killing machine. It is not for a first timer to go out and try though.

Best

TANK78Z

XP 100's are as said a niche market, but if nib/100% it does have much more appeal to that market and $650. is then a good price.
That still does not make it an easy sell, I would counter with a $550. offer, this way you will have a chance of making a little if you do at some point sell it.
I have been looking for one for some time in that price range , but most are a little rough in condition.
They are great shooting guns, and the 6mm BR a very good cartridge when hand loaded properly.

Horse Plains Drifter

Buy it!

beantownshootah

If you actually wanted to shoot this gun, I think its a good deal.

If you check out the prices on other recently sold XP-100 guns in other calibers, they seem to be going for around $500-700. Since this one is brand new, from the custom shop, and includes nice brass, I'd say a $650 price is a good one (though not a "steal"). You probably aren't going to find any comparable gun in this caliber for less money. . .that's for sure. IMO, this would be a "no brainer" *IF* you already had a rifle in this caliber and were reloading for it.

If you think you're going to buy this for $650, then "flip" it quickly for $800+, I wouldn't bank on that. Demand for guns like this in general is pretty low, and the caliber here isn't going to be a selling point for most.

While I can see the appeal of a centerfire handgun like this, the reality is that use for one is pretty limited. You've got "fun" value, just in having a potentially highly accurate handgun that can reach out to 200(+) yards, and you have something that could be used for hunting. But recoil is harsh, and ammo is spendy (6mmBR commercial ammo is limited in variety and costs over $2 a pop). That's why lots of people who buy these guns (including the guy who wants to sell you this one) end up keeping them in the safe without shooting them.

Bottom line, for shooting, yes, for investment, no.

nononsense

Fairlane66,

Here are some thoughts for consideration.

A NIB Remington XP-100 from the Custom Shop DOES have value and will continue to have value as time moves forward.

In the first place, there weren't that many XP-100's made let alone from the Custom Shop and in probably one of the greatest cartridges ever devised, the 6mmBR. Contrary to some opinions, the cartridge is good for deer hunting to 450-500 yards when loaded with the appropriate bullet/powder combination. I know this for a fact since this was the distance I killed my last deer using this cartridge in the 14" barrel. Beside this, the cartridge will handle 1,000 yard targets from the bench when you use the best VLD Hybrids and proper powders.

Secondly, most of the original XP-100's have been stripped down to use the action for specialized custom pistols and rifles. This is because it was one of the very few affordable single shot actions which could be used for a wide variety of other purposes such as Silhouettes, The Masters, Long Range Benchrest, besides very accurate Varmint rifles. It is reality and certainly not a limited field of use at all.

While some will contend that this particular model is a significant niche offering, investors will eventually recognize the small size of the pool remaining and the prices will start to climb, especially Unfired NIB. Now, this doesn't mean that the XP-100's will outdo the Colts or Winchesters but the effect will be similar.

You can reload for this cartridge simply since good, accurate data is available from several published sources. But if you just want to put it away, there is no need to discuss it.

I think $650.00 is O.K. when the brass is figured in but a little lower wouldn't hurt your positioning. I don't think you'll retire on this one deal but it will be a good add to the mix.

Best.