Do you think M1 Carbines are a good investment ???
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Do you think M1 Carbines are a good investment ???
Yes. The supply of inexpensive CMP carbines is diminishing. Soon when they are gone, prices will go back up.
Yes. The " flooded market" theory does not apply to Carbines(specifically).
Go back up? Looked at the asking prices on GunBroker lately? If they go up much more, I'm gonna be priced out of the hobby real quick. And I don't own any safe queens, nothing I have doesn't hit the range as often as I can afford the ammo to shoot through it.Quote:
Originally Posted by imarangemaster
"... Looked at the asking prices on GunBroker lately..."
But, have they been selling???
Lately it seems to me that a larger than average number of rifles (of various breeds) have high asking prices, and no bids. Some I have been looking at (not necessarily Carbines) have been re-listed repeatedly for 6 months or so.
AT the moment, the market is flooded with M1 carbines and various Kalashnikov clones. They will eventually start to dry up, especially if some Federal foolishness is pending...
I'll grant you, the super high priced ones don't seem to move, but even lower priced (well, lower than the super high priced ones anyway) seem to be moving at breakneck speed. I keep an eye on the sales boards on CMP as well, and you can count on as soon as a carbine appears, even well above the price you know they paid for it, it's spoken for.
I actually did see a high priced one recently that's probably worth the price:
Collectible American Longarms Catalog
SMOF5247 - U.S. CARBINE M1 MANUFACTURED BY INLAND. SERIAL NUMBER 513312. U.S. 30 CALIBER CARBINE.
They want $1,495.00 for it.
My carbines are my 401K....
Their investment return has proved to be better than any stocks or bonds, that's for sure...
When the stock market tanked, the carbines stayed mostly flat... Now on the way up again.
Go for it. Get the "unusual" ones when you can. Get the best condition you can. Condition is everything. You will never have to apologize for a firearm in excellent condition.
r
and the supply is reducing all the time, it will be an excellent investment. As works of industrial art, they are superb, there has never been another REAL carbine made since WW2 and modern equivalents are poor substitutes. Would you take a modern Smith & Wesson over a mid 50's? Or a new Model 70 over say a 1950 Model 70? I think not. People will say that they are better now, but they're really not at all. The fact that these two rifles, the carbine and Garand were made in such fantastic numbers and yet still are quite pricey says a lot. There are probably less than 1/3 of them left, they are of extraordinary quality and totally unique to America. You can't shoot a gold coin or a stock. Unless those bastards in Washington take them away, I'm comfortable with carbines as an investment.
All collector-quality US military arms have been increasing in value in the 15 years that I've been buying them. There may have been brief periods where prices plateaued for a while, but not for long. I often wish I had taken all of the money that I put into the ^%&*$#& stock market and bought US arms instead. I'd be fishing now. Every day, all day.
As for affordability, most investment-grade carbines, Garands, 03s and 1911s passed out of Joe Six-Pack's price range a long time ago. I've long wanted a nice 1911 but I'm not gonna pay $2,500+ for one. Too many other life priorities.
I have a 70s vintage Model 29 8 3/8" that I treasure. It is like clock work. Considering my Inland is as reliable, accurate, and lethal as it was when it was made 67 years ago, its a good investment.
Does The Pope wear funny hats?Quote:
Originally Posted by 22mike