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Winchester 1873 in 44/40 Win
Made in 1880 so I dont need a licence for it in Norway. The arse has well and truely fallen out of the classic gun market in Europe, great for the guy looking to add to their collection, heartbreaking for those who are sitting on collections that they paid hundreds of thousands of dollars for.
This gun cost me less than $1000NZD
Nice @norsk , what do you think had caused the classic gun market to crash and burn so bad ?
I think its a combination of factors that have finally reached a tipping point.Quote:
Originally Posted by Lucky
1) Impending lead ban in Europe.You will have to make your own projectiles on a lathe if you want to shoot some of this classic stuff.
2) Lack of demand.The Boomers are dying off and the interest in classic arms with them.Case in point Winchester Rifles,Boomers who grew up watching Cowboy films bought these guns few people want them anymore.A Winchester 1886,half magazine pistol gripped gun sold for $1200 recently,five years ago you could have at least trebbled that,maybe gotten close to $5K.I paid $5K for my takedown model.
In addition the American market is getting harder and harder to service,despite the demand there for Millsurps its costly to get the guns there.It also suffers from a lack of interest in fine sporting guns.
On top of this big game hunting ie Safari's are not really accepted anymore.As well as the fact that wealthy people are more likely to buy say a 416 Rigby bolt and barrel for their nice Blaser over investing much more in a double that they might only use the once. Rumors of bargin priced double Rifles have been around for nearly 10 years,I was offered one in 2015 on the condition that it was exported.Retailers in the UK cannot artificially hold up the market any longer,I know of a Gunsmith who won't take in any second hand guns at all,he chops up more H&H's than he can sell.He can't sell them.
Totally agree on point 2, it's entirely valid for NZ currently with maybe an addendum for double rifles as there are bugger all here. Colts are stagnant price wise and the rough stuff has dropped a little. Winchester's are the same. The arse has fallen out of the classic bolt action and shotgun market. Yet milsurp remains strong albeit some drop in demand due to incoming registration. I think it's mostly due to generational shift in interest here too.Quote:
Originally Posted by norsk
I think that also firearms were once an investment vehicle,nice Colts were appreciating 10% per annum when I bought mine in 2006,now as Gunnut states they are plateauing and the will also fall away.People cannot justify spending say £10,000 on a nice double with the idea that it will be worth the same or more when they come to sell it,you can't use steel in it so its actually worth FA now.
Also when it comes to the collector type stuff,there are many countries in Europe where "Can" be possible to own full auto stuff but in reality it is next to impossible.It wasn't always so therefore there are some truely amazing collections here,however the red tape or straight out refusal to grant collectors permissions means that the spicy stuff gets cut up if it cannot be de-activated in a timely manor.Freight restrictions and costs for arms in Europe can be pretty high and security requirements pretty onerous.
Everything you said makes sense , full ban on lead will definitely make it harder , all but 2 of my rifles is a classic , I never started collecting them with the intention to make money , I just like them , even if they are worth stuff all in the future hopefully they will get preserved and not destroyed .Quote:
Originally Posted by norsk
Classic muscle cars I fear are going to go down the same route , the boomers are dying off and the younger generation is not that interested .
Anyway we are going off track here , we should leave this thread now for posting your new toys .
A thread off track? In this forum?Quote:
Originally Posted by Lucky
Just a note to what you were saying re classic cars - in the UK recently I met a guy who imports classic cars from the US, gets them done up to top quality by a garage in UK and stores them
He's buying up secure warehouse space up north to store top spec classics, all in rows with those positive air pressure blowey bag cover thingies
It sounds weird until you learn that there is no Capital Gains Tax in the UK on classic cars
He used to be a property developer but is finding that he makes more money with the cars, bringing in corvettes by the dozen
This may be the last gasp of a dying tradition and maybe cars will follow guns as being "out of fashion" but for the moment there are some economic reasons why a classic car is still in demand.
I bought also a very handsome 4 Bore muzzle loader, this promises to be alot of fun on the clays.
geez if they cant get rid of them, i'd have a couple lolQuote:
Originally Posted by norsk
The artwork on these always look so good.Quote:
Originally Posted by norsk
Quote:
Originally Posted by norsk
What will be the new material for your projectiles ?
Bronze I think.Quote:
Originally Posted by No good names left
A mate has acess to a cnc lathe, he has experimented with a few different metal types.
@Lucky
Is it time to create a new sticky thread, ‘The Cam/Alpine Precision Fan Club’? 😀
That thing is another piece of art, l wonder how many people, like me, are drooling now!
Have you a projectile and load of choice for it?
@craigc , maybe run it past Cam , Im sure he won’t mind although I’m not sure if he is still building guns even anymore , there are a lot of owners of them on here though , he sure does build a sweet custom . 129LRAB going out the end of mine .
That's sick. I want it. 😆