Streaming issues? Report here
The Magic Bus on CapeTalk Classics
21:00 - 23:59

The Magic Bus on CapeTalk Classics
21:00 - 23:59

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

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the six most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

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

More from The Science Of ...

Unsure where you stand on NHI? Experts slug it out in an emotional debate…

27 August 2019 8:22 PM

The Money Show's Bruce Whitfield hosts a debate on NHI between Paul Theron (Vestact) and Russell Rensburg (Wits).

Read More arrow_forward

How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen

24 July 2019 8:16 PM

The Money Show's Bruce Whitfield interviews Pieter du Toit, author of "The Stellenbosch Mafia: Inside the Billionaires' Club".

Read More arrow_forward

How to quit your job so you can follow your dream

11 July 2019 6:58 PM

Ever dreamt of just doing it? You may want a few pointers from someone who did. Meet Callan Williamson of Tortilla Modern Mexican.

Read More arrow_forward

This fund (SA SME Fund) worth R1.2 billion wants to help black businesses grow

2 July 2019 8:21 PM

The Money Show’s Bruce Whitfield interviews Ketso Gordhan, CEO at SA SME Fund.

Read More arrow_forward

Happy 100th birthday, Landbouweekblad!

11 June 2019 8:07 PM

Bruce Whitfield interviews Chris Burgess, Editor-in-chief at Landbouweekblad, South Africa’s legendary magazine about farming.

Read More arrow_forward

The story of Marcel’s 'better than sex' frozen yoghurt

14 May 2019 8:07 PM

The Money Show’s Bruce Whitfield interviews Nicole Westwig, Managing Director at Marcel's.

Read More arrow_forward

How to stop them from stealing your idea (by Ubuntu Baba's lawyer)

7 May 2019 8:05 PM

The Money Show’s Bruce Whitfield interviews Andrew Papadopoulos, Trade Mark Attorney at KISCH IP.

Read More arrow_forward

Take a look inside BMW South Africa’s high-tech X3 producing factory

30 April 2019 7:55 PM

The Rosslyn plant makes 15 BMW X3 SUVs per hour for export around the world. Bruce Whitfield interviews BMW SA's, Tim Abbott.

Read More arrow_forward

Robots made in our image are requiring less and less human intervention to learn

16 April 2019 8:11 PM

The Money Show’s Bruce Whitfield interviews Jared Molko, a former employee at Google.

Read More arrow_forward

Pay up to 45% less tax by investing in a small business (Section 12J incentive)

12 April 2019 3:43 PM

Dino Zuccollo of Westbrooke Alternative Asset Management answers 12 FAQs about the Section 12J tax incentive.

Read More arrow_forward