Home » Blog » Do guns hold their value?

Do guns hold their value?

Do Guns Hold Their Value?

When purchasing a gun, many hunters, collectors, and hobbyists ask themselves: will my gun hold its value over time? The short answer is: it’s complicated. Guns can lose value due to various reasons, but they can also retain their value or even appreciate if properly maintained, stored, and marketed.

The Factors Affecting a Gun’s Resale Value

Bulk Ammo for Sale at Lucky Gunner

Several factors influence a gun’s ability to hold its value, including:

Type and caliber: Certain rifles and pistols, such as rare or limited-edition models, can retain or increase in value over time. Meanwhile, more common or affordable options may decline in value.
Condition and maintenance: Keeping a gun in excellent working condition, with proper care and cleaning, can positively impact its resale value. Any signs of heavy use or neglect can depreciate the gun’s worth.
Scarcity and demand: If a particular model becomes discontinued or hard to find, demand can increase its value. Conversely, low demand for a specific firearm can cause its value to decrease.
Authentication and provenance: guns with a documented history of ownership or a notable former owner (e.g., a historical figure or competitive shooter) can command higher prices due to their inherent value.
Accessories and upgrades: Addition of custom features, sighting systems, or other upgrade can increase a gun’s value. However, excessive modification can also negate any potential value increase.
Market fluctuations: The gun market, like any other, experiences fluctuations based on economic trends, laws, and changes in societal attitudes towards guns.

Guns that Typically Retain Their Value

While no gun can guarantee retaining its value 100%, certain types or models have a reputation for holding their worth:

Types of GunsNotes
Hunting RiflesMainly affected by condition and caliber; high-quality optics and hunting-specific features are valued
Target and Competition Shooting RiflesUsually high-performance models with attention to precision and accuracy can retain their value
Collectible PistolsInclude rare, limited-edition, or historically significant pieces; maintainability and patina (original condition) are essential

Guns that Typically Lose Value

Conversely, these types or models may have a tendency to depreciate:

Types of GunsNotes
entry-level or budget-minded RiflesProduction numbers often high, limiting scarcity; may not feature advanced technologies or materials
Exotic or Novelty firearmsSuch as energy drinks-powered or novelty/collector-grade guns; have limited practical use and less appeal
Junkyard or salvaged GunsOften significantly worn or damaged; high repair or restoration costs subtract from potential value

Tips to Help a Gun Retain Its Value

To improve the likelihood of a gun retaining its value:

  1. Proper care and maintenance: Regularly clean and lubricate your gun, and store it in a dry, stable environment.
  2. Documentation and records: Maintain accurate records of maintenance, upgrades, and any appraisals or certifications. This proves the gun has been properly cared for.
  3. Original box, paperwork, and accessories: Including the original package, instructions, and manuals can significantly boost the gun’s value.
  4. Limited wear and tear: Avoid overusing or taking excessive damage to the firearm, which can negatively affect its condition and value.
  5. Market-relevant marketing: When buying or selling a gun, frame it as a collectible or for its intended use (hunting, sport shooting, or self-defense); this enhances its appeal.

Conclusion

Guns can both retain and depreciate in value, relying on a combination of their type, condition, accessories, and market demand. By understanding these factors, gun owners and enthusiasts can make informed decisions about maintenance, purchase, and disposal. Following the tips to help a gun retain its value and being aware of the potential pitfalls can mean the difference between a satisfying sale and a disappointing transaction. Ultimately, the most valuable guns are those in excellent condition, with accurate documentation and a strong appreciation for their history and uniqueness.

Enhance Your Knowledge with Curated Videos on Guns and Accessories


Leave a Comment