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Tips For The New Antique Firearm Collector

Collecting antique guns can be a fun hobby, especially if you’re passionate about it. But it can also be a challenge. With so many types of antique guns out there, it can be overwhelming sometimes to sort through it all. Luckily, there are a few tips that can help you navigate the process if you’re just getting started. Here’s a look at some guidelines you can follow to avoid investing in a gun that’s either not a good fit for your collection or not actually an antique.

Know What You’re Looking For

If you just decide that you’re going to collect antique guns in general, you’re more likely to find yourself looking at pieces that are potentially not antiques. After all, one of the keys to a good collection is knowing exactly what you have and why you have it. Instead of such a blanket decision, consider many of the types of antique guns that are available and choose the style that best fits your interests. Perhaps you like a specific manufacturer’s firearms, or you like a certain type of gun.

By narrowing down your collection to just the ones that interest you, it allows you to focus your research and refine your knowledge about those firearms. That way, you’ll know exactly what you’re looking for when you start shopping the auctions and the local antique firearms dealers.

Some of the things to focus on include distinct markings from the time period, certain manufacturing techniques or other unique identifiers that you can look for. These subtle indicators will help you spot the firearms that belong in your collection and avoid investing in ones that just don’t fit.

Know What They Sell For

One of the best ways to ensure that you get your firearms for a fair price is to know what they are selling for in the current market. To do this, you’ll want to watch some auctions. Visit a few live auctions in your area and watch for the types of firearms that you like to collect. Observe the bidding and see if you notice any trends in the sale prices for these items.

You should also monitor some online sales, because the pricing may be different and you might find that you can get better deals locally than online or vice versa. In either case, watching these types of sales will help you to understand the basic pricing for these types of firearms so that you can be confident in the fair prices that you’re willing to pay for that next piece you want to add to your collection.

Skip the Bidding War

It’s easy to get caught up in the moment at an auction, especially if you see a piece that you’re really interested in. Unfortunately, this can lead to intense bidding wars between buyers. If someone else at the auction is driving the price up, don’t participate. Even if you win, all you’ve succeeded at doing is costing yourself far more for that firearm than you should have. Know how much it’s worth before you bid, and if the bidding exceeds that value, don’t let the bidding wars drag you in.

For more information, contact Lock’s Philadelphia Gun Exchange or a similar location.