John Wayne 100th Anniversary Rifle

Ghuqu2 · June 28th, 2007, 05:07 PM

I'm not sure this is the appropriate place for this, but here goes: My wife and I were looking for investments and saw several ads for the John Wayne 100th Anniversary Rifle in Standard ($2k) and High ($3.5k) grades. Trusting your opinions (and never investing in collectibles

), Is this a good 20+ year investment? All feedback is appreciated.

John Wayne rifle

Redneck Repairs · June 28th, 2007, 05:15 PM

Simply .... DONT . As a rule limited edition firearms do not perform well , in some cases being worth less than the common model they are built off of . put your $$ into an early colt or browning and it will appreciate or consider select 1900 to 1938 or a bit later european rifles and shotguns .. other than that you have to stay on top of the gun market to buy with intent of making money .. and i say this as a gun trader .

P95Carry · June 28th, 2007, 05:36 PM

IMO RR speaks wisely - altho those guns do look rather nice.

Chances of making a buck or three are far from guaranteed - and older genuine models (non special-edition) will be a much better bet.

Moved this to General Guns forum.

Ride4TheBrand · June 28th, 2007, 06:58 PM

a 20 year investment on a firearm will NOT produce what you could make elsewhere. For example:

Invest $3500 one time in a mutual fund which averages 10% a year, and after 20 years you'll have $23,546.25.

Reckon a rifle would do that well?

Janq · June 28th, 2007, 08:13 PM

Bingo! ^^

Guns as an investment FTcompoundedinterestL.

- Janq

P.S. - It is a very nice looking rifle though.
Just buy one to have & admire without thinking of it as an investment, which it isn't.

Bud White · June 28th, 2007, 08:15 PM

as said if you want it cause its cool then go for it otherwise pass

Blackeagle · June 28th, 2007, 08:57 PM

The return on investment in a firearm should be measured in spent brass, rather than dollars.

In other words, if you buy it, buy it to shoot.

Captain Crunch · June 29th, 2007, 12:17 AM

I agree with the others, these commemorative, anniversary and tribute firearms are a poor investment, because there are so many of them being offered. Every month, the gun magazines advertise a different one, in memory of some celebrity, event, or such. You would most likely never even get back your initial investment.

In 1973, I purchased a new Smith & Wesson Model 19 Texas Ranger Commemorative, with matching Bowie knife and wood case. I think I paid less than $300.00 for it, & I sold it a few years later. The same set has a current collector's value of about $650.00. That's not much after 30 some years.

SonofASniper · June 29th, 2007, 02:17 AM

Mutual funds are the way to go.

June 28th, 2007, 05:07 PM	#1
Ghuqu2 Member Join Date: Apr 2007 Location: Missouri Posts: 225	John Wayne 100th Anniversary Rifle I'm not sure this is the appropriate place for this, but here goes: My wife and I were looking for investments and saw several ads for the John Wayne 100th Anniversary Rifle in Standard ($2k) and High ($3.5k) grades. Trusting your opinions (and never investing in collectibles), Is this a good 20+ year investment? All feedback is appreciated. John Wayne rifle

June 28th, 2007, 05:36 PM	#3
P95Carry Assistant Administrator Join Date: Mar 2005 Location: South West PA Posts: 25,366	IMO RR speaks wisely - altho those guns do look rather nice. Chances of making a buck or three are far from guaranteed - and older genuine models (non special-edition) will be a much better bet. Moved this to General Guns forum. __________________ Chris - P95 NRA Certified Instructor & NRA Life Member. "To own a gun and assume that you are armed is like owning a piano and assuming that you are a musician!." If a BG dies as the result of pointing a gun at me, then he has merely succumbed to an occupational hazard of being a thug

June 28th, 2007, 06:58 PM	#4
Ride4TheBrand Senior Member Join Date: Feb 2006 Location: The Lone Star State Posts: 676	a 20 year investment on a firearm will NOT produce what you could make elsewhere. For example: Invest $3500 one time in a mutual fund which averages 10% a year, and after 20 years you'll have $23,546.25. Reckon a rifle would do that well? __________________ "Today, we need a nation of Minutemen, citizens who are not only prepared to take arms, but citizens who regard the preservation of freedom as the basic purpose of their daily life and who are willing to consciously work and sacrifice for that freedom." ~ John F. Kennedy

June 28th, 2007, 08:13 PM	#5
Janq VIP Member Join Date: Nov 2005 Posts: 2,882	Bingo! ^^ Guns as an investment FTcompoundedinterestL. - Janq P.S. - It is a very nice looking rifle though. Just buy one to have & admire without thinking of it as an investment, which it isn't. __________________ "Killers who are not deterred by laws against murder are not going to be deterred by laws against guns. " - Robert A. Levy Monday, March 12, 2007 -- Op Ed -- The Washington Post

June 29th, 2007, 12:17 AM	#8
Captain Crunch Senior Moderator Join Date: Dec 2004 Location: Montana, The Treasure State Posts: 6,653	I agree with the others, these commemorative, anniversary and tribute firearms are a poor investment, because there are so many of them being offered. Every month, the gun magazines advertise a different one, in memory of some celebrity, event, or such. You would most likely never even get back your initial investment. In 1973, I purchased a new Smith & Wesson Model 19 Texas Ranger Commemorative, with matching Bowie knife and wood case. I think I paid less than $300.00 for it, & I sold it a few years later. The same set has a current collector's value of about $650.00. That's not much after 30 some years. __________________ *"Just be nice...or I'LL SHOOT"!* Terry

June 28th, 2007, 05:15 PM	#2
Redneck Repairs VIP Member Join Date: Nov 2005 Location: Colorado Posts: 5,141	Simply .... DONT . As a rule limited edition firearms do not perform well , in some cases being worth less than the common model they are built off of . put your $$ into an early colt or browning and it will appreciate or consider select 1900 to 1938 or a bit later european rifles and shotguns .. other than that you have to stay on top of the gun market to buy with intent of making money .. and i say this as a gun trader .

June 28th, 2007, 08:15 PM	#6
Bud White VIP Member Join Date: Dec 2004 Location: Elsewhere Posts: 17,476	as said if you want it cause its cool then go for it otherwise pass

June 28th, 2007, 08:57 PM	#7
Blackeagle Distinguished Member Join Date: Oct 2006 Location: Columbia, SC Posts: 1,245	The return on investment in a firearm should be measured in spent brass, rather than dollars. In other words, if you buy it, buy it to shoot.

June 29th, 2007, 02:17 AM	#9
SonofASniper Senior Member Join Date: Jan 2007 Location: Oregon Posts: 1,011	Mutual funds are the way to go. __________________ The unreasonable person will determine what the reasonable compromise will be.

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