[fywacro]

Your point seems reasonable & logical. But in my experience, it's also incorrect: Plenty of gun collecting is predominantly around modern, mass-produced, non-scarce guns. I believe it's because scarcity is not a significant driver of value, in most gun owners' minds. Gun collectors derive a large portion of their guns' value from using (firing) them in a sports setting. Contrast with art or stamps, which don't really have recreational uses, just "stand-back-and-appreciate-it" value. Some guns DO have this museum-style appreciation-value, too, but the contribution is negligable WRT most mass-produced, modern guns. Also, modern guns have plenty of mythological cachet. Film & video games have celebrated and iconified the distinctive lines of particular guns, like the AR-15 and its variants. Even with millions of ARs in circulation, it may have a higher "cool factor" than an older, rarer flintlock pistol, especially to the younger set. Which brings me to my final point: In the US, gun ownership appears to be on the rise, lately, in non-traditonal demographics. More so than in decades past, you'll find new gun owners trendng: * young * politically liberal * high disposable income * shooting paper or zombies, not hunting * getting introduced to guns via friends, not family They buy guns for the same reason they buy video games--Fun. To that end, their buying habits tend toward the gun equivalents of the Honda Civic or Jeep Wrangler: Reliable, cost-effective, semi-automatic. Generally, that means a modern, mass-produced gun.

[maxerickson]

We should just find some statistics. For instance, this article pegs the number of AR 15s in the United States in the low millions:

http://www.slate.com/blogs/crime/2012/12/20/assault_rifle_st...

It makes a credible case for less than 5 million. So you only need 20 or 30 similarly collectible guns to get to 100 million.

We also should not bother to argue too much over what constitutes collecting (that is, we should find middle ground or agree to disagree and abandon the whole discussion). I certainly wouldn't include someone buying 1 or 2 reliable and cost effective guns.

[hga]

As I note elsewhere, also run the numbers on how much gun owners have invested in firearms. If, as one person did using the latest figures including the clearly too low ownership rate from surveys, the average is $100K then....

[mindcrime]

Plenty of gun collecting is predominantly around modern, mass-produced, non-scarce guns.

Absolutely. Plenty of gun-owners are just flat-out "gearheads" in the same sense as guitar players (who often own dozens of guitars and amps) or whatever. If I had money to burn, I personally would own a few dozen guns, and most of my collection would fall into the "modern, mass produced, non-scarce" category. The exceptions would be a few older military rifles, like maybe an M1 .30 carbine, an M1 Garand rifle, or an old British Lee-Enfield 303 rifle.

[MrMember]

My "to buy" list looks very similar. Mostly modern firearms that serve a functional purpose with a few 'fun' guns (like an M1 Garand and Five-seveN) thrown in for either their historical value or 'cool factor.'

[hga]

If you're in an evil state, not counting NY, the Garand is an eminently practical weapon. Get it rebarreled in .308/7.62 NATO and the ammo is less expensive.

I have a friend in Illinois who's soon going to be moving back to Maryland, he's a WWII buff and has a M1911 (Argentine) and a beautiful Garand in .308 and he doesn't have to worry about those or any other state's "assault weapons" bans, except again NY, where you're only allowed to load 7 rounds in your magazines....

Recharging it with its 8 rounds clips is quick, and in general it's one of the most ergonomic gun designs of the century, e.g. it has very little in the way of protrusions to catch.

Agreed on FN's 5.7mm stuff, though; fun, but with a round only about 10% more powerful than the hottest .22 rimfire magnum, not practical except in full auto, which thanks to the Hughes amendment means we can't own any. But, boy, would I like to own a PS90 ... just can't justify it.