Luger Inflation?

cirelaw · 12-25-2022, 06:00 PM

Like every thing else, had the value of lugers increased or cost more? Are they harder to sell for at least as much as you paid? Eric

Major Tom · 12-27-2022, 07:35 AM

I'm down to owning one Luger. Ones that I sold went for what I paid or a small profit. Other firearms that I have sold, same outcome.

sdmark777 · 12-27-2022, 12:43 PM

In answer to Eric's question, I took 6 of my high condition, desirable Lugers and compared their current value to inflation. I used an online inflation calculator which uses the year of purchase and tells you how much those dollars are in 2022. These six Lugers were purchased between 1978 and 1996. I value these between $3,500.00 and $5,000.00 each. Based upon my calculations these 6 Lugers would now have a combined value/profit of $6,210.00 more than I invested after accounting for inflation. So a good/positive investment. But, this assumes that I get 100% of what I valued them at. Also, I left out a couple Lugers I knowingly way over paid for (that I had to have), because it would have negatively affected the value of the group.

So, if I were to sell these Lugers I would recoup my investment with a little profit hopefully after deducting sales costs and any discounts on price to get them to sell.

But alas, I will never see a dime, as these Lugers will be passed on to my children. My Lugers and other firearms have increased in value over the years. But I did not buy them as investments. I bought them to use and enjoy. I have used and enjoyed my Lugers and other firearms for decades, so I am truely in the black!

Mac Cat · 12-27-2022, 04:11 PM

I didn't buy any of my guns as an investment.
It's a hobby and a lifelong curiosity that motivates my small collection.
But, my feeling is that most guns are not good investments.

The ones that are, I think, are way out of my price range.
However, I don't think they lose value as fast as other collectables like cars.

The stock market is where I do my investing.

But, I think sdmark777 is right - my guns are for my own enjoyment and possibly an heir.

I think that inflation has gone up faster than most gun values, particularly in the last 10 years.

I'm anxious to get back to some local gun shows and/or trade with another collector.
I really prefer a dealing with a collector who can share knowledge and provenance when I buy a gun.

spangy · 12-28-2022, 08:56 PM

Quote:

Originally Posted by cirelaw

... Are they harder to sell for at least as much as you paid? Eric

Thanks to the sexually confused, mentally ill traitor Justin Trudeau aka Prince Sparkle Socks, Canada has been 'manipulated' with the aid of his WEF buddies into a guns ban amongst other dictatorial events. It is now illegal for me to sell my Luger's or even leave them to my family or anyone else as heirlooms ... they will be seized without compensation upon my death.

12-25-2022, 06:00 PM	#1
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Luger Inflation? Like every thing else, had the value of lugers increased or cost more? Are they harder to sell for at least as much as you paid? Eric

12-27-2022, 07:35 AM	#2
Major Tom User Join Date: Jan 2017 Location: S.E. Iowa Posts: 484 Thanks: 533 Thanked 227 Times in 124 Posts	I'm down to owning one Luger. Ones that I sold went for what I paid or a small profit. Other firearms that I have sold, same outcome. __________________ I Build Custom Pistol Boxes

12-27-2022, 12:43 PM	#3
sdmark777 User Join Date: Apr 2018 Posts: 288 Thanks: 695 Thanked 672 Times in 174 Posts	In answer to Eric's question, I took 6 of my high condition, desirable Lugers and compared their current value to inflation. I used an online inflation calculator which uses the year of purchase and tells you how much those dollars are in 2022. These six Lugers were purchased between 1978 and 1996. I value these between $3,500.00 and $5,000.00 each. Based upon my calculations these 6 Lugers would now have a combined value/profit of $6,210.00 more than I invested after accounting for inflation. So a good/positive investment. But, this assumes that I get 100% of what I valued them at. Also, I left out a couple Lugers I knowingly way over paid for (that I had to have), because it would have negatively affected the value of the group. So, if I were to sell these Lugers I would recoup my investment with a little profit hopefully after deducting sales costs and any discounts on price to get them to sell. But alas, I will never see a dime, as these Lugers will be passed on to my children. My Lugers and other firearms have increased in value over the years. But I did not buy them as investments. I bought them to use and enjoy. I have used and enjoyed my Lugers and other firearms for decades, so I am truely in the black!

12-27-2022, 04:11 PM	#4
Mac Cat Lifer Lifetime Forum Patron Join Date: Apr 2015 Location: Austin, Texas Posts: 731 Thanks: 2,095 Thanked 610 Times in 329 Posts	I didn't buy any of my guns as an investment. It's a hobby and a lifelong curiosity that motivates my small collection. But, my feeling is that most guns are not good investments. The ones that are, I think, are way out of my price range. However, I don't think they lose value as fast as other collectables like cars. The stock market is where I do my investing. But, I think sdmark777 is right - my guns are for my own enjoyment and possibly an heir. I think that inflation has gone up faster than most gun values, particularly in the last 10 years. I'm anxious to get back to some local gun shows and/or trade with another collector. I really prefer a dealing with a collector who can share knowledge and provenance when I buy a gun.