Tom Gresham's GUNTALK: 9.13.15 - Part B

Published on September 14, 2015
Duration: 44:45

This episode features an in-depth discussion with Steve Fiestad of the Blue Book of Gun Values, covering firearm valuation, market trends, and the burgeoning collector market for certain firearms. Fiestad details the dramatic appreciation of Colt 'snake guns,' particularly the Python, and contrasts it with the depreciation of some single-action Colts. He also discusses the valuation of specific models like the Ruger Hawkeye in .256 Winchester Magnum and Winchester Model 1894s, emphasizing the importance of condition and originality. The conversation highlights how market demand, rarity, and manufacturer discontinuation significantly impact firearm values, offering insights for collectors and investors.

Quick Summary

The value of firearms, especially collector-grade items like Colt 'snake guns,' is driven by demand, rarity, and condition. For example, a Colt Python from the late 1950s, initially $125, can now fetch $18,000 in pristine condition. The Blue Book of Gun Values, updated monthly, provides essential resources for accurate firearm valuation and market trend analysis.

Chapters

  1. 00:00Introduction & Crimson Trace Ad
  2. 00:25Gun Talk Now Podcast Info
  3. 00:50Gun Dealio App for Salespeople
  4. 01:40Blue Book of Gun Values as a Verb
  5. 02:12Interview with Steve Fiestad
  6. 03:42Online Subscription & App Availability
  7. 04:23Number of Firearms Listed in Blue Book
  8. 05:07Current Gun Prices & Market Stability
  9. 05:54AR-15 Market Softness
  10. 06:41The 'Snake Gun' Phenomenon
  11. 07:07New Book: The Seven Serpents
  12. 07:19Naming the Seven Colt Serpents
  13. 08:01Python Value Appreciation
  14. 09:22Single-Action Colt vs. Double-Action Value
  15. 10:08Boa Revolver Value
  16. 10:40Listener Call: Ruger Hawkeye .256 Win Mag
  17. 11:15Mossberg Patriot Ad
  18. 11:45Crimson Trace Ad
  19. 12:14Liberty Safes Ad
  20. 12:44Crime Prevention Research Center Ad
  21. 13:39Ruger American Rimfire Rifle Feature
  22. 14:21Back to Steve Fiestad & John's Call
  23. 14:34Ruger Hawkeye .256 Win Mag Valuation
  24. 17:34Ruger Hawkeye Rarity & Discontinuation
  25. 18:06Discontinued Models & Investment Potential
  26. 18:50Importance of 'New in Box' Condition
  27. 20:56Advice for Aspiring Gun Collectors
  28. 22:47Gun Talk Radio Broadcast
  29. 22:54The Value Question: What's My Gun Worth?
  30. 23:25Assessing Firearm Condition
  31. 24:10Photo Grading System for Condition
  32. 25:25Standardizing Condition Factors
  33. 26:06Listener Call: Jim from Shreveport
  34. 26:14Winchester 1894 Classic Inquiry
  35. 29:05Winchester 1894 Classic Valuation
  36. 30:04Break & More Calls
  37. 30:37Springfield Armory XDM Ad
  38. 31:09Timney Triggers Ad
  39. 31:43Silencer Shop Ad
  40. 32:10US Sportsman's Alliance Ad
  41. 32:37Taurus Curve Ad
  42. 33:18Return to Steve Fiestad & Callers
  43. 33:38Steve Fiestad on Collector Swarms
  44. 34:09Head-Scratching Firearm Inquiries
  45. 35:42National Firearms Museum Visit
  46. 36:38Counterfeiting & Faking Firearms
  47. 39:43Listener Email: Winchester 1894 Antique
  48. 40:24Antique Winchester 1894 Valuation
  49. 41:14Sentimental Value vs. Cash Value
  50. 42:21Keeping Up with Blue Book Activities
  51. 43:34Steve Fiestad's Appreciation & Sign-off
  52. 44:03Foster Parent Gun Rights Story Tease

Frequently Asked Questions

How has the market for AR-15 rifles changed recently?

The market for AR-15 rifles has softened considerably compared to the peak years of 2008-2013. Many AR-15s that previously sold for over $1,200-$1,400 are now typically found in the $650 to $800 range, indicating a return to a more normal supply and demand environment.

What makes Colt 'snake guns' so valuable to collectors?

Colt 'snake guns' like the Python, Anaconda, and Diamondback have seen significant value appreciation due to collector demand. A Colt Python, which sold for $125 new in the late 1950s, can now be worth $18,000 in excellent, new-in-box condition, making them highly sought-after investments.

How can I accurately assess the condition of a firearm for valuation?

The Blue Book of Gun Values offers a free photo grading system on its website. This system visually depicts firearms in various conditions, from 100% to 10%, and includes NRA condition factors, helping users standardize their assessment and understand how condition impacts value.

Are discontinued firearm models good investments?

Yes, firearms that are discontinued by major manufacturers after a short production run often become valuable investments. Their rarity increases over time, leading to significant price appreciation as demand outstrips supply. This is a key consideration for aspiring gun collectors.

What is the Blue Book of Gun Values and how is it updated?

The Blue Book of Gun Values is a comprehensive resource for firearm valuation, available in print and digitally. Its online subscription and app are updated monthly to reflect current market trends and price changes, ensuring users have access to the most up-to-date information.

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