G.33/40 Canadian Market Value?

[Coyote Ugly]

That may be so in the 50's and 60's, but in the last 10 to 20 years have wages really gone up or have they really stayed the same or decreased with factories closing and layoffs, cuts, Oil Patch Layoffs, dumbsizing and work going offshore???

The other thing is take a M1 Garand in 1997. $99 to $275. Now in 2017 $1200 to $2200. Have your wages gone up 8 to 22 times since 1997?
I don't think so! Maybe these are the "Bad Old Days".

One other thing, is a $2000 or $3000 rifle going to go 5 times it's value any time soon? That's like the price of a small car. And once again, Ask yourself, are you going to pay $15,000 for a rifle? So then ask yourself is the market topping out just like a housing bubble that is going to collapse? So is the Return On Investment almost Zero for a $3,000 rifle and "Just a Nice Thing" to have in your collection? Time will tell. Let's revisit this in 5 to 10 years.

Bottom Line, if a Garand from 1945 to 1997 was worth $300 in 1997, and in the last 20 years went to $2200, the growth was exponential. Your wages were not exponential. Graph it and see. I'm Glad I bought when I did.

Everybody remembers the cheap price of guns in the " Good Old Days ", but forgets the low wages and how long it took to pay for the cheap guns !

 

[Coyote Ugly]

But all you had to do was ask for a 3 day inspection back then just like now for the guys who don't know how to email and post attachments.

Tragic but a common thing to happen pre internet days. Lots of old collections are full of humped junk because nobody knew any better back then.

 

[CanadianAR]

But all you had to do was ask for a 3 day inspection back then just like now for the guys who don't know how to email and post attachments.

Well for all those without a time machine, haha, you're stuck in the now, and the reality is there's more buyers here then available good guns.....so if you want one what's your choices?

I also don't treat my hobby as an investment. I have investments in property, the bank, gold and silver. I like that my guns hold their value and even if money stopped working a gun is still valuable but I personally don't care about a return on my guns. I know I'll get something for them, beyond that I don't care.

If guys in other Hobbies thought this way no one would do anything. Most hobbies have zero possibility of return ever, it's why it's a called a hobby.

 

[Claven2]

That may be so in the 50's and 60's, but in the last 10 to 20 years have wages really gone up or have they really stayed the same or decreased with factories closing and layoffs, cuts, Oil Patch Layoffs, dumbsizing and work going offshore???

The other thing is take a M1 Garand in 1997. $99 to $275. Now in 2017 $1200 to $2200. Have your wages gone up 8 to 22 times since 1997?
I don't think so! Maybe these are the "Bad Old Days".

One other thing, is a $2000 or $3000 rifle going to go 5 times it's value any time soon? That's like the price of a small car. And once again, Ask yourself, are you going to pay $15,000 for a rifle? So then ask yourself is the market topping out just like a housing bubble that is going to collapse? So is the Return On Investment almost Zero for a $3,000 rifle and "Just a Nice Thing" to have in your collection? Time will tell. Let's revisit this in 5 to 10 years.

Bottom Line, if a Garand from 1945 to 1997 was worth $300 in 1997, and in the last 20 years went to $2200, the growth was exponential. Your wages were not exponential. Graph it and see. I'm Glad I bought when I did.

The biggest upside right now are on rare-ish or well liked guns that are still a little inexpensive and still available. There's a reason I'm now hoarding nice Finn mosins.

 

[Claven2]

And Coyote you are right, G33/40 were made in good numbers, and they may have been common at one point but a totally matching one that someone hasn't fingerblasted by 2017 is rare.

I had to google fingerblasting. It led to urban dictionary. Now I wish I had not clicked on it.

 

[CanadianAR]

I had to google fingerblasting. It led to urban dictionary. Now I wish I had not clicked on it.

Hahahaha well I think the term is apt in regards to great guns that were ruined.

At least you learned a new word today! Ha

 

[Old Albertan]

Bottom Line, if a Garand from 1945 to 1997 was worth $300 in 1997, and in the last 20 years went to $2200, the growth was exponential. Your wages were not exponential. Graph it and see. I'm Glad I bought when I did.

There is no doubt that there has been an explosion of prices in the past decade. This could be due to the internet, the coming of age of the Call of Duty/Band of Brothers generation or any multitude of reasons. As with your analogy to the housing market, it is unlikely that we will see the jumps that we have seen for a long while yet. There may even be a decrease in value if interest in world war 2 wanes as we get further away from it. Who can tell? But as was mentioned, few collectors are in this game purely for profit. And those that are, are not true collectors.

 

[JP]

Well five to ten years ago I was selling Enfields for $350.00, K-31's for $275.00, M-1 Garands for $700.00, Mosin-Nagant M-44 Carbines for $175.00. Prices keep going up and the sky is the limit it seems!

 

[Eaglelord17]

There is no doubt that there has been an explosion of prices in the past decade. This could be due to the internet, the coming of age of the Call of Duty/Band of Brothers generation or any multitude of reasons. As with your analogy to the housing market, it is unlikely that we will see the jumps that we have seen for a long while yet. There may even be a decrease in value if interest in world war 2 wanes as we get further away from it. Who can tell? But as was mentioned, few collectors are in this game purely for profit. And those that are, are not true collectors.

I would argue it is mostly due to the ability to spread knowledge which has intern created more demand than before. Before the internet to find out anything on firearms you had to look in gun magazines or books to learn anything, other than what you could specifically handle or glean from people. Thanks to the internet quite a few of the myths that existed before have slowly been dying off due to the ability to disprove those myths easily. For example we are now learning that Arisakas and Carcanos aren't terrible rifles that are 'barely' safe to shoot, etc.

Some of the demand for specific items is 100% driven by movies, video games, hype, etc. (and it has been that way for a long time, think back to the Dirty Harry guns) but for the most part the increase in price I truly believe it is due to increased knowledge and availability (and by availability I mean I can buy a gun in Victoria online and have it shipped all the way out to Ontario, where as before you were limited to what is in a gun shop or gun show).

 

[jbmauser]

But all you had to do was ask for a 3 day inspection back then just like now for the guys who don't know how to email and post attachments.

Yeah but what good did that do you if you didn't know what you were looking at to begin with? Guys were adding humped garbage to their collections thinking they were legit matching examples based on the knowledge of the time.

I realize my example pertains more to the K98k collecting world than general mislurps and there's no doubt prices have skyrocketed since the advent of the internet but I'm just saying the good old days weren't always that good. I don't collect for an investment, I collect for the history and the rifles. Do I wish my matching K98k's were 6 or 700 bucks? Of course, but the prices are what they are now and if I want to collect, that's what I have to pay. Supply and demand. Simple as that. I'm just glad the info and community is out there now to support my hobby. I think my collection would be pretty boring to me if I didn't have the level of knowledge and info to go along with it. There are some definite upsides to today's collecting world.

 

[sail32]

Price has always been a function of availability and demand.

Actual dollar cost and time to acquire the dollars for purchase is just a yard stick to measure the change in availability and demand of an item.

What to collect or shoot is similar to what is fashionable at the time.

 

[Claven2]

Well five to ten years ago I was selling Enfields for $350.00, K-31's for $275.00, M-1 Garands for $700.00, Mosin-Nagant M-44 Carbines for $175.00. Prices keep going up and the sky is the limit it seems!

The first M44 I bought from you Jean was over 10 years ago (maybe 12-13 yrs?) and it was a laminate stocked M44 Tula with a hex receiver. I think I paid $125 if memory serves (!).

I also remember buying several Finn M91's from you for under $200.

 

[Coyote Ugly]

I have uncles that have 800 to 1,600+ rifle collections and they managed very well without any Internet and Digital Cameras (they don't even have it today) in the 50's and up to present day. But certainly knowledge, letters, talking, hands on and exposure played a big part for them back then.

Even with the Internet a bad picture can make a perfect rifle look bad! And how many times have you heard people say I passed on this rifle because in the picture .... and now regret passing on it.

Humping, Grinding, Renumbering and Rebluing stands out like an out house in the fog.

At $2000 and $3000 prices for some rifles today, I don't think they are going up in value any time soon.
One thing my Uncles said was that when the value of their guns reached 5 times, he would consider selling it.
That takes us back to the $15,000 rifle of the future. I don't think too many people will be pulling the wallet out for that.

Some guys buy 4 rifles and sell 3 to fund their hobby.

Yeah but what good did that do you if you didn't know what you were looking at to begin with? Guys were adding humped garbage to their collections thinking they were legit matching examples based on the knowledge of the time.

I realize my example pertains more to the K98k collecting world than general mislurps and there's no doubt prices have skyrocketed since the advent of the internet but I'm just saying the good old days weren't always that good. I don't collect for an investment, I collect for the history and the rifles. Do I wish my matching K98k's were 6 or 700 bucks? Of course, but the prices are what they are now and if I want to collect, that's what I have to pay. Supply and demand. Simple as that. I'm just glad the info and community is out there now to support my hobby. I think my collection would be pretty boring to me if I didn't have the level of knowledge and info to go along with it. There are some definite upsides to today's collecting world.

 

[CanadianAR]

I have uncles that have 800 to 1,600+ rifle collections and they managed very well without any Internet and Digital Cameras (they don't even have it today) in the 50's and up to present day. But certainly knowledge, letters, talking, hands on and exposure played a big part for them back then.

Even with the Internet a bad picture can make a perfect rifle look bad! And how many times have you heard people say I passed on this rifle because in the picture .... and now regret passing on it.

Humping, Grinding, Renumbering and Rebluing stands out like an out house in the fog.

At $2000 and $3000 prices for some rifles today, I don't think they are going up in value any time soon.
One thing my Uncles said was that when the value of their guns reached 5 times, he would consider selling it.
That takes us back to the $15,000 rifle of the future. I don't think too many people will be pulling the wallet out for that.

Some guys buy 4 rifles and sell 3 to fund their hobby.

Well it isn't going to change. Lol. Prices may come down a bit but it'll never be cheap again. And again, increase in value doesn't matter to some. Like myself. I buy top quality stuff, pay top quality prices, but I wanted it, I'm not selling it, It made me happy haha.

Just be happy with the high prices, you'll be able to cash in! I'll help you. Haha

 

[Coyote Ugly]

LOL!

Well it isn't going to change. Lol. Prices may come down a bit but it'll never be cheap again. And again, increase in value doesn't matter to some. Like myself. I buy top quality stuff, pay top quality prices, but I wanted it, I'm not selling it, It made me happy haha.

Just be happy with the high prices, you'll be able to cash in! I'll help you. Haha

 

[CanadianAR]

LOL!

The ring should say 98k

And then came should be a k98 stock, and can you fashion the glasses into swastikas? Lol.

 

[Claven2]

I have uncles that have 800 to 1,600+ rifle collections and they managed very well without any Internet and Digital Cameras (they don't even have it today) in the 50's and up to present day. But certainly knowledge, letters, talking, hands on and exposure played a big part for them back then.

Even with the Internet a bad picture can make a perfect rifle look bad! And how many times have you heard people say I passed on this rifle because in the picture .... and now regret passing on it.

Humping, Grinding, Renumbering and Rebluing stands out like an out house in the fog.

At $2000 and $3000 prices for some rifles today, I don't think they are going up in value any time soon.
One thing my Uncles said was that when the value of their guns reached 5 times, he would consider selling it.
That takes us back to the $15,000 rifle of the future. I don't think too many people will be pulling the wallet out for that.

Some guys buy 4 rifles and sell 3 to fund their hobby.

In 20 years, especially with this government, $15000 might be today's $3000... just sayin'.