Of course those that are insisting that it must be shot have nothing to lose.
We have to have a financial stake to have an opinion? Or is the opinion that it should be kept in a safe and wrapped in a diaper the only noble, valid one?
Nonsense, I never recommend anyone do anything I wouldn't do myself. I honestly do not understand how folks expect to use firearms and not lose any money on them. I could give a damn less what some faceless collector will think my guns are worth when I'm gone. I want to enjoy MY life and MY guns while I'm alive and that is how I approach it. Collectors are
obsessed with monetary value. I am not. ALL guns depreciate when they are used. Colt's are no exception and they don't depreciate any faster with use than anything else. So it really makes no more sense to keep a $2000 Colt unfired than $2000 worth of guns from any other makers.
As far as heirlooms, as I said before, from my own perspective, guns that are kept pristine and never used carry little more value than whatever someone is willing to pay. I didn't inherit any guns from my grandfathers. When my own father passes, I'll surely get some guns that he has never used, because he owns way more than he'll ever get to use. Which do you think will carry more sentimental value to me, the guns he's never used, or the old heavily worn High Standard HD Military (in a floral carved Heiser) that he taught me to shoot with when I was 4yrs old and used more than any other firearm?
There's really no need to have a 3rd generation Colt appraised. That's just a waste of money. These are not incredibly rare guns and only bring a slight premium over more common offerings.
Here's an expired listing for $1695:
https://www.gunsamerica.com/991457534/COLT-SAA-FRONTIER-SIX-SHOOTER-3RD-GENERATION-44-40.htm
Here's one that went for $1400 back in 2012.
http://www.icollector.com/Third-Gen...ntier-Six-Shooter-Revolver-with-Box_i13752823
Here's one that sold for $2000 at auction less than two weeks ago.
http://www.invaluable.com/auction-l...kel-plated-third-generation-1920-c-90f4a50860
So now we have an idea of what it's worth. Future collectors will place more value on a NIB example. Your heirs will place more value on the enjoyment YOU gained from using it. You have to decide for yourself where its value lies. In using and enjoying it, or in keeping it new.