View Single Post
Unread 01-13-2016, 05:46 PM   #31
Member
William Davis
PGCA Member

Member Info
 
Join Date: Nov 2011
Posts: 1,191
Thanks: 144
Thanked 792 Times in 432 Posts

Default

Trouble with any investment they all have a "load" Sell your house it's going to cost you 12 % sell a fine double through one of the Auction Houses 1/3 of sale price gets skimmed right off the top. You need a lot of appreciation to make up for the load.

I have a neighbor that has always bought and sold guns. Started with Colt SAA's many years ago when he was in the service in the Pacific Northwest. Spent his off time looking for them. Long time significant owner of SSA’s well known on the circuit. Sold them all moved into Henry Rifles fewer guns much more money tied up. Now says he has the market cornered on Colt Burgess Lever Actions. Must have 3 dozen. He still has a load it's the expense traveling to gun shows buying cheap and meeting up with interested buyers. Never goes through Dealers.

He get his pleasure out of the deal. Honest I don't think he likes guns that much at all. He never shoots them.

William
William Davis is offline   Reply With Quote