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Unread 10-05-2013, 05:25 PM   #1
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I do not mean to be flip with this answer.

Learn what original condition is.

Learn what is rare and uncommon.

Learn what is high desirable to collectors.

Learn what current market value is based on those factors.

When you know these things you will know the value of a particular gun, whether it is a deal, or regardless of what you pay if it will appreciate.

Collecting Parker's requires an education, education usually costs some money because the best way to learn about them is to own them as well as study them.

One last piece of advice, buy guns that fit and "speak to you", guns that you will enjoy owning and using, don't look at them first as an investment. Look at them as something will use and enjoy for a long time. Get good advice so that you don't grossly overpay or buy something that is not original or messed up. If you do that you will satisfied from day one forward with any Parker no matter what.

Just my .02
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Unread 10-05-2013, 06:02 PM   #2
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If you're comparing two otherwise similar guns (i.e. both are same gauge, frame size and barrel length), and both are original, Then Rarity can equal, or exceed condition. There were less than 1200 BH (E) guns, but over 18,000 DH(E) guns. In fact, there may be more 'high condition' D grade than all the B grades
A high condition DHE in a small bore may fetch more than a lesser condition BHE 12 bore, so you need to factor all the common features.
In you're in it to make money, you need to buy with your head. If you buy to own and enjoy, let your heart play a bigger role. Keep in mind also, that some barrel lengths come in, and go out of fashion. 30 years ago no one wanted long barrel guns, now the 26" guns move much more slowly.
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Unread 10-05-2013, 06:22 PM   #3
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Historically, high condition and high grade guns have outperformed shooter condition guns. Smallbore and eight gauge guns have outperformed guns in other gauges. Of course, some people will just not buy high condition or high grade guns, nor will they pay the price for smallbore or eight gauge guns. That's OK, because the basic rule of gun collecting is "The profit is made on the buy, not the appreciation." In other words, collectors who are interested in the bottom line do not pay retail. If you are not buying in the top end of condition and grade, you must buy your average guns at a price where the appreciation is on the front end. In other words, if you buy a $1000 gun for $750, your profit is already built into the deal. All future appreciation is gravy. It is up to you to decide which group you want to be in.
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Unread 10-05-2013, 06:27 PM   #4
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In my experience, investing in commodities like guns, fly rods, cars is a tough way to go. If you take into account the time required to become knowledgeable, the costs involved (ie gun safes or garages) and the discount your family will probably incur to sell your treasures when you pass, there must be better alternatives.
On the other hand, it ain't much fun to sit in your man cave and fondle a stock certificate
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Unread 10-05-2013, 07:21 PM   #5
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Quote:
Originally Posted by John Dallas View Post
In my experience, investing in commodities like guns, fly rods, cars is a tough way to go. If you take into account the time required to become knowledgeable, the costs involved (ie gun safes or garages) and the discount your family will probably incur to sell your treasures when you pass, there must be better alternatives.
On the other hand, it ain't much fun to sit in your man cave and fondle a stock certificate
Amen to that
The older you get the joy you enjoy holding and looking at you investments
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Unread 10-06-2013, 09:07 AM   #6
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This is a great discussion with comments by some very knowledgeable Parkerites. I completely agree with Pete,Brian,Robin,Edgar and Bill and suggest you really study their statements. Personally I have found small gage high conditions Parkers that I have owned have appreciated the most, by far. I think it is very difficult to make a decent profit on guns purchased from dealers. I would purchase the highest grade, high condition small bore that I could afford but condition over grade. The other thing is be patient.
JMHO
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Unread 10-06-2013, 10:18 AM   #7
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Of course, Zachow is right. Putting Colts and Winchesters into the discussion will educate us all. But they are so different from shotguns in that almost any special order feature or almost any interesting provenance will put their value into the stratosphere. Not so much with shotguns unless the provenance is off the scale.
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Unread 10-05-2013, 07:13 PM   #8
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Quote:
Originally Posted by Pete Lester View Post
I do not mean to be flip with this answer.

Learn what original condition is.

Learn what is rare and uncommon.

Learn what is high desirable to collectors.

Learn what current market value is based on those factors.

When you know these things you will know the value of a particular gun, whether it is a deal, or regardless of what you pay if it will appreciate.

Collecting Parker's requires an education, education usually costs some money because the best way to learn about them is to own them as well as study them.

One last piece of advice, buy guns that fit and "speak to you", guns that you will enjoy owning and using, don't look at them first as an investment. Look at them as something will use and enjoy for a long time. Get good advice so that you don't grossly overpay or buy something that is not original or messed up. If you do that you will satisfied from day one forward with any Parker no matter what.

Just my .02
Peter
As always thanks for your answer
Please look at the question I asked
see you soon at mad bury

Mark
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Unread 10-07-2013, 04:00 AM   #9
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Quote:
Originally Posted by Pete Lester View Post
Collecting Parker's requires an education, education usually costs some money because the best way to learn about them is to own them as well as study them.

One last piece of advice, buy guns that fit and "speak to you", guns that you will enjoy owning and using, don't look at them first as an investment. Look at them as something will use and enjoy for a long time. Get good advice so that you don't grossly overpay or buy something that is not original or messed up. If you do that you will satisfied from day one forward with any Parker no matter what.

Just my .02
I would say those two things are pretty decent advice for collecting any gun thats in the thousands of dollars be it 1 thousand or 100 thousand !
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