LugerForum Discussion Forums - View Single Post

mrerick · 07-20-2014, 10:10 PM

Lugers are "slow" assets, much like other real property.

The pricing is dependent upon supply (which is fixed, and perhaps dropping) and demand (which has been consistently increasing).

I think that the key is to properly document acquisitions and their cost, and then periodically re-check their value. This should be documented over time, including the dates of calculation.

It's probably not a good idea to keep these things secret, or try and misdirect family on what you're spending / investing. There are stories of inherited guns being sold for the prices the buyer mentioned to the family. You know... $75 Lugers...

Marc

07-20-2014, 10:10 PM	#11
mrerick Super Moderator - Patron LugerForum Life Patron Join Date: Dec 2009 Location: Eastern North Carolina, USA Posts: 3,920 Thanks: 1,377 Thanked 3,135 Times in 1,518 Posts	Lugers are "slow" assets, much like other real property. The pricing is dependent upon supply (which is fixed, and perhaps dropping) and demand (which has been consistently increasing). I think that the key is to properly document acquisitions and their cost, and then periodically re-check their value. This should be documented over time, including the dates of calculation. It's probably not a good idea to keep these things secret, or try and misdirect family on what you're spending / investing. There are stories of inherited guns being sold for the prices the buyer mentioned to the family. You know... $75 Lugers... Marc __________________ Igitur si vis pacem, para bellum - - Therefore if you want peace, prepare for war.