Quote:
Originally Posted by tabs
Except for the fact that it isn't completely accurate.
|
Agreed. Probably a bit more cynical than I needed to be. Yes, one can still find that rare treasure whose owner has no real idea what they hold, but with Al Gore's invention of the Interwebs, that's getting nothing but harder and harder. That, and there has always been a moral side to such dealings...
Fact is, today, the average duffer at the gun show or on some on-line auction site will have a pretty good idea of what he has and of its value. It's just so easy for a seller to research one piece before he puts it on the table. If he has not, in this day and age, he will likely over - not under - value it anyway. At least until he brings it home a few times.
Anyway, guns do remain a solid investment, and are way more fun than bonds. The big gains for the average collector, however, are just unrealistic anymore. Like I said, the items themselves are just too well vetted, and the big playas make the rules and set the prices. At a certain level - a profitable level - it very much becomes their game. They don't like to lose. As long as you are content to stay in AAA, or maybe AA (if not B) league, you can have a lot of fun without potentially losing your ass when one of the sharks bites it off.