Friday, December 18, 2020

Why Not Take Up a Collection?

 Collectible Weapons: How to Protect Your Wealth – and Your Family – With Valuable Guns [More]

I never caught the bug, myself. I'm more an "animating contest of freedom" kind'a guy, and while the hardware is crucial, it's the ideology that keeps me motivated.

That said, I admit to being an odd duck and that plenty of readers ought to get value from this piece.

3 comments:

Anonymous said...

For guns as a wealth-protecting investment, a lot of caution is in order. It only takes a new regulation or an amendment snuck into a "must pass" bill to render those guns worthless. As Clinton operative Paul Begala so cavalierly said, "Stroke of the pen, law of the land, pretty cool!" Look at what happened, purely from a financial standpoint, to those people who bought bump stocks. A new ATF "interpretation" of the statutory definition of machine gun made them worthless. Good luck getting one's money back on those.
/GJ

bondmen said...

The ultimate value of a firearm is contained in its final use as prescribed by the Founders, to secure liberty and preserve freedom for the people. Feral government can not abuse this value via tyrannical edict or illegal laws.

BTW the author of this piece pooh-poohs kit made AR's and AK's saying there are oh so many of them in existence. I say regarding the AK's just take a look on GunBroker what some of these are selling for today before CWIII is even lukewarm. Foreign arsenal made and imported AKs have popped very nicely over the past couple of years and with more import bans in the offing, will go higher still IMHO.

DDS said...

All investing carries an inherent risk. Collectables have never been exempt. Imagine if the government(s) banned all vehicles with internal combustion engines. All existing examples had to be scrapped or rendered inoperable. Imagine the howls from collectors/investors. Imagine if the government banned private ownership of gold (again). Or look back to what happened to people who owned collectable versions of what became NFA weapons when that law was passed.

How would collectors and the collectable markets react? They would adapt. Some of them would "defy, evade, resist, smuggle" in the words of Mike Vanderboegh.

Listen carefully to the lyrics of "Red Barchetta" by Rush.

https://www.youtube.com/watch?v=FAvQSkK8Z8U