An Observation for Young Milsurp Collectors.

JP

JP

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- I have been collecting for 35 years and been a dealer for 24 years, plenty of the common items that were easily found when I was starting are now reaching tremendous prices in the USA and Canada. Garands for $75.00 now $800.00, unfired Enfield for $20.00 now $600.00, US 1941 Johnson for $50.00 now $4000.00, Kar-43 for $75.00 now $2000.00, Long Branch No.4 Snipers for $300.00 now $4000.00, etc...

- The Moral is take care and preserve your Milsurps, someday you will be glad you did!
 
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JP said:
- I have been collecting for 35 years and been a dealer for 24 years, plenty of the common items that were easily found when I was starting are now reaching tremendous prices in the USA and Canada. Garands for $75.00 now $800.00, unfired Enfield for $20.00 now $600.00, US 1941 Johnson for $50.00 now $4000.00, Kar-43 for $75.00 now $2000.00, Long Branch No.4 Snipers for $300.00 now $4000.00, etc...

- The Moral is take care and preserve your Milsurps, someday you will be glad you did!
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Jean, I will make sure to take care of all the guns that I use.
My Kar 98k R/C will hopefully be worth quite a pretty penny someday. The supply will have to run out first.

You must always take the time value of money into consideration though. $75 at 30 years with 10% interest is worth $1300. But 10% interest isn't so easy to come about.

Point is: Collecting guns is more fun than buying stocks.
 
JP said:
- The Moral is take care and preserve your Milsurps, someday you will be glad you did!
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Good advice Jean. So simple, yet so right on the money, so to speak .... :)

In my opinion, they're great financial investments over time. The stock market grew on average over the last 30-40 years approximately 15% per year. Collectibles in the right genres easily outpaced that kind of investment. So, as long as the government doesn't ban old milsurp non-restricted rifles, I believe they will increase substantially, as we see an ever increasing baby boomer aging demographic with lots of cash and time on their hands, looking for hobbies. Some of them will inevitably choose old milsurp collecting. ;)

Regards,
Badger

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I guess I'll take it as a hint to buy up a whole bunch of freshly refurbished Mosin-Nagants while the supply is good. Same for K-31's and RC Mausers... and Tokerov Pistols, etc, etc.

Even Breda and Dutch Garands that a few years ago people never would have considered collectable now go for $600 and up. As long as there is a demand, then the prices will continue to rise.

My guess is that even parts rifles will still command good coin if they are in good shape and the demand is there.

Edit: I can't help but feel that Jean is really trying to say: "Hey guys, buy my stuff!" Not that I mind, though, as his prices are some of the best when it comes to dealers.
 
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Look guys, I know Jean fairly well - or as well as a long time customer can know someone. He's straight up and wouldn't stoop to fear mongering to sell his wares. Just trust me on that. We also know alot of the same folks, and they all vouch for him too.

His advice IS sound. No matter where you buy or what you collect, the prices on quality pieces will continue to rise. Even in times when a market is floded, the best pieces don't take a hit.

Case and point. Since hte massive influx of Russian Capture K98k's to the north american market, the prices of correct vet returns have only SKYROCKETED. Why? Because lots of new collectors are generated when cheap stuff arrises and inevitably, some percentage fo those folks start to seek out better examples for their budding collections.

And as Badger says, think of all those high-income baby-boomer pensioners that are about to cash in HUGE RRSP reserves and collect 70% of their salary with paid off houses and nothing but time on their hands. Some of them are shooters. Some of them will direct that money to milsurps - just watch.
 
"I can't help but feel that Jean is really trying to say: "Hey guys, buy my stuff!"


Yes, please buy my stuff!

Not realy, I just came back from a big 3,000 table Gunshow and it is scary how Milsurp prices have gone up even in the last year. I got kind of nostalgic lately about the good old days of collecting in Canada.
 
Lee Enfields in excellent shape used to sell for $150.00 when I bought them 20 years ago, now I see them in the EE for up to four times that amount, Garands that were $189.00 15 years ago are now reaching almost four times that amount now too. I can understand the Garands going up but what is with the Lee Enfields?;) :p
 
The best of both worlds is a gun that's a collector AND a shooter. I got a Swedish Remington Rolling block off JP that's complete and all matching in great shape, made when Custer was still ticklin' Sioux. I'll be putting the first rounds out of it in 2 or 3 days. Bright sharp bore tells me it will print.
 
guninhand said:
The best of both worlds is a gun that's a collector AND a shooter.
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That's usually my ONLY caveat when I buy something as well.... :)

I look for premium pieces (they appreciate quicker in absolute dollars) that are also shootable. I enjoy the sense of atmosphere when shooting these old girls (particularly snipers) out to 500 - 600 Meters.

The only exception I've ever made was a recent purchase of a "deact" that I just couldn't turn down because of its historic nostalgia and uniqueness ... :D

Regards,
Badger

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He who Hesitates, Gets left Behind...

Don't wait for milsurp prices to fall as it isn't going to happen. Todays purchase in the future will look like a bargain.
 
There are two sides of a coin. A lot of those black evil CA milsurps (FN, G3, Uzi, AK etc) are now practically worthless thanks to C68. You can't even give them away to younger guys these days.

Collectors are always at the mercy of our govt and one legislation away from being wiped out by lying and opportunistic politicians.
 
Silverback said:
Lee Enfields in excellent shape used to sell for $150.00 when I bought them 20 years ago, now I see them in the EE for up to four times that amount, Garands that were $189.00 15 years ago are now reaching almost four times that amount now too. I can understand the Garands going up but what is with the Lee Enfields?;) :p
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20 years ago $150 was worth a hell of a lot more than it is now. I don't think the prices have risen as steeply as you think.
 
I disagree. 15-20 yrs ago, unissued LB's were $94.99 at my local Canadian Tire. Today, they are $600-700 rifles. Inflation hasn't been 700% ;)
 
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