Investing in firearms can seem appealing, especially as prices for certain collectibles rise. The allure of turning a profit on something as tangible as a gun seems much simpler compared to the volatility of the stock market or other investments. However, if you’re hoping to build wealth through guns, you may want to reconsider. Guns are far from the ideal investment vehicle, often making it challenging to gain significant returns. Below, we’ll break down why guns aren’t the golden investment some believe and offer some tips for those still intrigued by this niche.
1. The Illusion of Ever-Increasing Value

Many assume guns always appreciate. While gun values may increase with inflation, they don’t typically outpace it or grow in the same way as stocks or real estate. In reality, most guns simply maintain their value over time rather than multiplying it. Certain rare models may see boosts due to scarcity or collector interest, but the majority of firearms hover around the same price adjusted for inflation.
2. Know Your Niche, or Risk Overpaying

If you’re considering gun investments, understanding the market is essential. Guns, like any collectible, are best approached with specialized knowledge. Identifying authentic, rare firearms versus mass-produced or “commemorative” versions requires a sharp eye and a deep understanding of historical and manufacturing details. Without this knowledge, you’re vulnerable to overpaying for items that won’t increase in value.
3. Condition is King

Condition plays a massive role in a firearm’s resale value. The highest-quality examples – pristine and original – always fetch the best prices and hold their value more reliably. Guns that have been heavily refurbished or altered often drop in value. This means if you’re serious about making any return on investment, look for firearms in the highest condition possible and avoid anything that’s been extensively refinished.
4. Commemorative Guns Aren’t Worth the Hype

Many manufacturers produce commemorative firearms meant to appeal to collectors. These guns are often beautifully adorned and limited edition but hold little value in the eyes of serious investors. Think of these as the “collector’s plates” of the gun world—nice to look at but unlikely to gain value. Dealers often caution buyers against purchasing these models if they’re aiming for future resale.
5. Rare Doesn’t Always Mean Valuable

Rarity can drive up the price of specific models, especially if demand increases. But it’s important to differentiate between genuine scarcity and artificial hype. Just because a firearm model is no longer in production doesn’t mean it will automatically become a high-value collectible. Rare guns may become popular if their stories, designs, or calibers become appreciated, but predicting which guns will become popular is tricky and risky.
6. Choose Timeless Brands for Stability

Certain well-known brands, like Colt, Mauser, Smith & Wesson, and Winchester, have a history of producing high-quality guns that collectors seek. These brands tend to hold their value better than less reputable manufacturers. If you’re determined to invest, consider sticking with iconic brands known for craftsmanship and quality over time, as these will likely maintain value better than less established makers.
7. Avoid Modern Mass-Produced Models

When it comes to investment potential, most modern, mass-produced firearms don’t offer much promise. Many of today’s popular models are manufactured in high quantities and lack unique characteristics that would drive future demand. A practical gun may serve you well for personal use but might not be worth much more than its original price years down the road.
8. Don’t Forget About Maintenance Costs

Storing and maintaining a gun collection is no small feat. Firearms require careful upkeep to avoid rust, corrosion, and general deterioration, all of which can significantly affect resale value. The costs associated with preserving guns in investment-worthy condition can add up, further chipping away at potential profits.
9. Timing the Market is Unpredictable

Even if you find a firearm that seems like a promising investment, timing the market can be a gamble. Certain firearms can temporarily surge in value due to social trends, political issues, or supply chain disruptions. However, these factors are often unpredictable, and banking on them can turn what seems like a wise purchase into a disappointing investment.
10. Be Prepared to Sell, or It’s Not Really an Investment

If you’re collecting guns but aren’t willing to sell, you’re not truly investing. Investments are assets you actively plan to sell to make a profit. If you hold on to everything, you’re a collector, not an investor. This means you’re accumulating wealth for the next generation or simply for personal enjoyment – not for immediate financial gain.
11. Antique Firearms Aren’t Always a Safe Bet

Historical firearms from older eras can seem like they’d be excellent investments. However, while some antique guns are highly valuable, many lose demand over time. The key with antiques is originality and historical significance. Guns with documented historical value, like those used by famous figures, will always have a collector’s market, but general old guns often do not.
12. Guns as a Store of Value vs. Investment Asset

Ultimately, guns may serve more as a store of value than a means of generating wealth. They retain value reasonably well over time, so in that sense, they can be a stable place to hold funds, similar to precious metals or vintage tools. However, they don’t generate returns like a thriving business or a high-growth stock. If you’re looking to park some money in an asset that won’t likely lose value, guns can work—but don’t expect substantial growth.
Final Thoughts: Is Gun Investing Worth It?

In the end, investing in guns may be best suited for those with a genuine passion for firearms and collecting. For most people, traditional investments like stocks, real estate, or retirement funds will likely provide more reliable returns over time. Guns can be a fun and interesting hobby that retains value reasonably well but lacks the growth potential of other asset classes.
If you decide to go forward with gun collecting as an investment, approach it as a hybrid between a passion project and a financial endeavor. Aim to build a collection of items you enjoy and would love to keep. This way, if they don’t increase in value, you still gain enjoyment from owning them. Remember, the best investments are often the ones that make you happiest, not just the ones that grow the fastest.

Gary’s love for adventure and preparedness stems from his background as a former Army medic. Having served in remote locations around the world, he knows the importance of being ready for any situation, whether in the wilderness or urban environments. Gary’s practical medical expertise blends with his passion for outdoor survival, making him an expert in both emergency medical care and rugged, off-the-grid living. He writes to equip readers with the skills needed to stay safe and resilient in any scenario.