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October 3rd, 2023

Five Factors That Determine Value for Collectible Firearms

Lady Diana Prince Charles shotgun
This stunning Westley Richards & Co. shotgun was made for the 1981 nuptials of Lady Diana Spencer and HRH Prince Charles. It is rare, has a unique history of ownership, and is also elaborately decorated.

Jim Supica, Director of the NRA Firearms Museum, has written a trio of articles about gun collecting. If you are thinking of starting your own collection of firearms, you should read Supica’s informative articles. The first talks about the basics of gun collecting, the second explains the five key factors that govern gun values, and the third article explains where to find rare and valuable arms. Today we want to highlight the five factors that contribute most to a gun’s value, according to Supica:

Make and Model, Condition, Rarity, History, Art — These are the five factors that … appeal to collectors and help determine the value of collectible guns.

Read Full Gun Collecting Article on NRABlog.com »

1. Make and Model

Make and model tends to be the starting point for evaluating collectible guns for most collectors and will be a basic threshold requirement for those with specialized collections.

Factors here include the quality of a particular manufacturer’s products, the historical usage of the guns in question, and the brand’s aura of romance. As an example of that last (and most intangible) factor, consider that Colt Single Action Army revolvers were for several decades the most prevalent focus for collectors interested in full-size revolvers from the post-Civil War to turn of the 20th Century-era, and there is no question that Colts were widely used during that time. In recent years, there has been a refreshing trend in gun collecting to look at a broader range of guns than the traditional blue chip Colts, Winchesters, and Lugers.

Colt Single Action Army revolver engraved
Colt Single Action Army Revolvers remain among the most prized (and collectible) firearm.

2. Condition (and Originality)

Obviously, condition plays a major role in the value of a collectible firearm. The classic advice to new collectors in this regard has always been to hold out for guns in the best condition and pay the extra premium they demand. This condition-emphasis seems to have developed in the 1970s and 1980s. In the early post-WWII years of gun collecting there was more interest in rare variations and history, and fewer collectors to whom a few percentage point difference in remaining original finish was of much concern.

Although the highest-condition guns continue to bring record prices, it seems that the pendulum is beginning to swing back the other way, a trend met with my hearty approval. The appeal of “mint” guns has been largely lost on me, and seems to be more appropriate to coin or stamp collecting than a field in which the possible historic usage of the artifact holds so much interest and significance. There is a definite segment of the collector market that is not overly concerned with perfect condition, so long as the gun is original and has not been messed with in a more recent (and, in my opinion, usually misguided) attempt to enhance its desirability.

3. Rarity

In terms of rarity, the well-worn saying that “just because a gun is rare doesn’t mean it’s valuable” remains true to a certain extent. There may only be five known examples of a particular gun, but if only three people care about it, the market is saturated. However, there does seem to be more interest in cornering the rare variations within established collecting fields. There is a bit of a resurgence of the collecting philosophy of completing a punchlist of models and variations within a specialization, and this lead to vigorous competition for the rarest examples in these fields. In emerging collecting fields, when new research is published revealing the rarity of certain variations there can develop a brisk interest in those guns.

4. History

Individual guns with a known history of ownership by a specific individual or usage in a specific historical event have always captured the fascination of collectors, as well as historians and the general public. This seems to reflect a basic human interest and shows no sign of abatement. A positive trend here seems to be an increase in general understanding of the type of documentation which must accompany a historically attributed firearm to give it the credibility to justify a premium price, and the importance of creating and preserving such documentation.

Chuck Yeager Pistol
This Beretta has extra value because it was owned by pilot Chuck Yeager. Photo NRA Museum.

5. Art (Decorative Embellishment)

Fine engraved guns are collected more for their artistic value than for their worth as firearms. Here the market for classic works by the great engravers of the 19th and early 20th Centuries remains strong, as well as for factory-engraved pieces from more recent years. Interest in recent non-factory engraving seems to have diminished, as has… the trend of adding modern engraving to older firearms.

engraved pistols Ben Shostle Luger Mauser Colt
Here is a matching set of three three beautifully engraved pistols by the late Indiana engraving wizard Ben Shostle — a Luger, a Mauser, and a Colt. Photo courtesy Amoskeag Auction Company.

Factory-custom engraving should not be confused with mass-produced, factory-made commemorative firearms, which flooded the market in the 1960s and 1970s. A couple of major manufacturers worked this genre to death, and prices on commemoratives have been stagnant for many years now, although the market for these shows some signs of renewal.

CAUTIONARY WORDS about RESTORATION
With prices for high-condition original finish guns running away from the budgets of many collectors, period-of-use refinished guns and older factory-refinished guns are finding more enthusiastic buyers than they did a few years ago.

The availability of excellent-quality restoration services is another factor that I anticipate may impact collector preferences in the future. The top restoration artists are reworking guns to “as new” condition with such skill that it has become increasingly difficult for even knowledgeable collectors to distinguish mint original finish guns from the best restorations.

When such restoration is disclosed to a prospective buyer (as it ethically should be), the prices the gun will bring are significantly below a similar gun with original finish, and may be less than the original cost of the pre-restoration gun plus the cost of the rework. This creates a mighty incentive for deception by a motivated seller, either by active misrepresentation (a.k.a. “fraud”) or passively by simple failure to mention the modification.

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October 3rd, 2023

Great Loading Gear Transporter Made from Horse Grooming Box

Range carry loading reloader box case transport horse equine grooming case box

Do you often load at the range? Or maybe you need to transport loading gear when you travel in your RV. Well here is a smart transport option — a metal box that holds tools, dies, arbor press, case-trimmer, even a ChargeMaster.

Some guys have built their own loading tool-boxes from wood. Other may stuff gear in a couple of plastic range boxes. But clever Chris Covell came up with an even better solution. Chris sourced a handsome, sturdy metal Horse Grooming Box from eBay. Chris reports the multi-feature metal box “works perfectly for reloading. My ChargeMaster is now out of the wind.”

Range carry loading reloader box case transport horse equine grooming case boxBullets, Trickler, and Priming Tool on Top
On top, below the hinged metal lid, is a large compartment that holds Covell’s funnels, scales, priming tool, trickler and other vital gear (photo on right). This top compartment is deep enough to handle wide-mouth funnels with no problem.

Slide-Out Drawer with Dividers
Below the top level is a handy sliding drawer with multiple dividers. This is perfect for holding Covell’s inline seating dies, case-neck deburring and chamfering tools, among many other smaller bits and pieces.

Range carry loading reloader box case transport horse equine grooming case box

In the bottom of the Horse Grooming box is a large compartment that holds bigger gear. In the bottom section, Covell places his RCBS Chargemaster Lite, along with a case-trimming tool, an arbor press, and various other bulky tools. Check it out:

Range carry loading reloader box case transport horse equine grooming case box

Folks who load at the range need to bring a lot of gear — reloading presses, powder dispensers, scales, funnels, sizing/seating dies, brass prep tools and more. And there may be other important items to transport — such as ammo caddies, LabRadar mounts, over-size rest feet, and even barrel fans. With this metal box you can easily organize (and protect) al that gear. This box was sourced affordably via eBay.

Chris Covell’s Range Box was featured on the Benchrest Shooting and Gunsmithing Private Group Facebook Page. You may want to sign up for this Group — with membership you can access a wealth of information for accuracy-oriented shooters.

Range carry loading reloader box case transport horse equine grooming case box

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October 3rd, 2023

Get Significant Savings with Brownells Discount Codes

Brownells discount code savings bargain

If you’ve been thinking about a big purchase at Brownells, here are some money-saving codes. Brownells is currently offering $30 Off a $200 purchase, $20 Off a $175 purchase, $15 Off a $150 purchase, and $10 Off a $100 purchase. In addition, you can get 10% off all purchases of $150 or more. It’s simple to get these discounts — there are no buyers’ clubs to join, no forms to fill out. Just use the appropriate Discount Code during online check-out.

Listed below are the Codes to use. Simply use the appropriate Code for your purchase at Brownells.com. These codes have no listed expiration date, so Brownells could terminate them at any time. Accordingly, we recommend you do your shopping soon. Also if the highest value code no longer works, try a lesser value CODE.

Brownells discount code savings bargain

Coupon Code: CART30 — $30 Off $200+
Expiration date: Unknown expiration

Coupon Code: CART20 — $20 Off $175+
Expiration date: Unknown expiration

Coupon Code: POSSUM 10 — 10% Off $150+
Expiration date: Unknown expiration

Coupon Code: TTB10 — 10% Off $150+
Expiration date: Unknown expiration

Coupon Code: TRIGGERED — 10% Off $150+
Expiration date: Unknown expiration

Coupon Code: BACK15 — $15 OFF $150
Expiration date: Unknown expiration

Coupon Code: HOME10 — $10 OFF $100+
Expiration date: Unknown expiration

Coupon Code: GIFT10 — $10 OFF $100+
Expiration date: Unknown expiration

NOTE: None of the above codes include FREE or Discounted Shipping. But Code CARTSHIP offers Free Shipping/Handling for orders over $149.00 (with no other discounts). Depending on the weight/size of the item, this might be a better deal than saving $10-$20.

Code: CARTSHIP — Free Shipping/Handling over $149
Expiration date: Unknown expiration

Brownells discount code savings bargain

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