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Investing in antique (or otherwise collectable) firearms

26 July 2016 8:01 PM
A quality firearm's value can rise by up to 12% per year, claims Carvel Webb of the SA Arms and Ammunition Collectors Association.

The most enduring asset class over the past 300 years is quality firearms.

Carvel Webb, SAAACA

A collectable firearm may never be fired. You’ll lose 20% of its value!

Carvel Webb, SAAACA

The Money Show’s Bruce Whitfield interviewed Carvel Webb, President of the South African Arms and Ammunition Collectors Association (SAAACA), for his weekly “The Science Of” feature.

SAAACA is based at the so-called “War Museum” in Saxonwold, Johannesburg.

The collection of firearms as investment dates back to, at least, the reign of France’s Louis XIII (1610 – 1643), according to Webb.

Webb claims investors can expect the value of a quality firearm to appreciate by between 5% and 6% per year, and up to 12% per annum in some cases.

The most valuable privately owned handgun is worth around R15 million.

Scroll down for quotes from the audio below.

Louis XIII had 10 firearms by the age of 10. By the time he reached a mature age he had 200!

Carvel Webb, SAAACA

Pre-1900s antique firearms are deregulated in the UK. One of our challenges is to stop our treasures from ending up there.

Carvel Webb, SAAACA

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Article brought to us by Old Mutual.


This article first appeared on 702 : Investing in antique (or otherwise collectable) firearms


26 July 2016 8:01 PM

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