Discussion in 'General Gun Discussions' started by GE-Mini-Gun, Jun 7, 2021.
Other than that, you've described why I don't sell many.
1. See if your friends want to buy something. Then you know it is going to a good home (which might make it easier from an emotional perspective), and, heck you might even get to shoot it again someday.
2. See if your LGS has a reasonable setup for consignment sales, or if they'll just buy from you at a reasonable price (noting that prices lately are still somewhat inflated).
I have several firearms that remain dormant and are kept simply because they look good - there is no mandate, law or requirement that firearms must be shot to have intrinsic value. My guess is that if you part with those pieces, regret will follow soon after. It appears that you do not need the money so this exercise then begs the question of why?
If you have no growing health or vision problems
…and don’t need cash for a new hobby- then maybe Any new change makes “the Grass Look Greener” , simply because we take things for granted ?
Also, you should separate the idea of owning the guns from the idea of shooting them. To a true collector, these are not 100% utilitarian items. You don't have to shoot them to justify owning them.
At least that's the plan...
Just decided one day.. That, like yourself, hadnt shot some in decades. I was just time to let em go to someone who would appreciate them or actually use them instead of sitting in my safes gathering dust.
How did you do it?
I figure for the most part we all face or have faced that problem. When you have enjoyed the shooting sports for over 50 years you tend to accumulate a hell of a lot of guns. Some make it to the range more than others and some haven't been shot in decades. Over the years I did part with a few I simply really didn't care for or enjoy as much. However, more came in than ever went out. My intermediate solution was just buying another gun safe. I figure at my age the children, grandchildren and wife can keep what they want and sell the rest. I have no reason to part with any of it and adding a safe was a logical temporary fix.
I can agree to a point. When my company sold there was a large payout. Already had a nice 401K. While I was at best OK with doing all the investing for my wife and I after retiring I was not really very good at it I also quickly figured out I had no real desire to start learning how to be good at it. We pay Brenda 1% annually and considering the returns she has gotten us I am more than happy. Then too at our age she knows we want no part of anything high risk. Anyway for those well adapted to investing more power to them but for us my solution was getting a good financial adviser to manage things. I never want to do it again.
Most of the guns I've sold over the years I've placed on consignment at my favorite gunshop. My "favorite gunshop" hasn't always been the same one though - I'm 73 years old, and I've been into guns, shooting and hunting my whole life. So I've actually outlived a few gunshops.
Well , you seem to at a point of realization , so if you want to sell , sell.
For some years I felt that I could not part with any firearms - NEVER SELL was my standard. Then I got the hots for an old truck. I realized that I could liquidate a number of firearms , still be a gun guy , and acquire - with the proceeds - something else I had been wanting for a long time. I found that liquidating some carefully selected items was profitable and liberating - like you said , I could still sleep at night.
Now I still enjoy my firearms , and I own a '54 Chevy pick up with a Camaro front end and drive train.
Life is good.
When one safe gets too full, I buy another safe.
No regrets on those sales. I still own several firearms and plan to hold them for some time but, I hope to sell the majority of them before they become a burden for wife to deal with.
Very good advice. Sometimes we simply want the things we like and, certainly in my case, spent a lifetime acquiring them. Stamp collectors don't use their stamps to mail envelopes, they just like having them for their own reasons and it's not merely for investment purposes. Coin collectors don't use their coins to buy things with, they just appreciate the history and idiosyncrasies associated with them.
I've always loved firearms of all types, starting with cap guns and bb guns I suppose, but I have no idea how or why I developed such a strong interest in them over time. I'm not a "collector" per se but I've collected a lot of guns over the past sixty years or so. There are the utilitarian ones (those needed for my le career; those needed for competition; those needed for self-defense; those needed for hunting, etc.) and there are the ones that just move the (at least my) spirit and stir the (at least my) soul.
Growing up relatively poor (I say relatively because there is poor; there is dirt poor and then there is subsistence living in Third World poverty-stricken places like Ethiopia) but being the oldest of nine in a low-income family meant sometimes taking mustard sandwiches to school for lunch and using salt on a brush to brush your teeth. But there is, potentially for some, an unfortunate downside to not having much growing up and that is becoming overly materialistic when you finally do have the means to buy "stuff". I don't like the idea of getting too attached to "things" and I'm mindful of how shallow and unfulfilling such thinking can be.
Right now, I'm doing research and documenting the worth of my things (guns, boats, fishing equipment, camping gear, reloading tools, camera outfit, books and on and on) so as not to unduly burden my wife and kids at the end of my days. But don't feel too sorry for them, there's lots of money they stand to realize with a little time and work on their part. On the other hand, if, God forbid, should my wife of 52 years precede me to the great hereafter, look at the mess I'll be left with, trying to sell laundry equipment, a sewing machine, a couple of Hoovers and a library of Keto diet and how to improve your life books.
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