Losing your firearms investment!

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Hokkmike

Hokkmike

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Have you ever thought about the fact that with one stroke of a pen all of our firearms could become (instantly) worthless?

Yes, there are a lot of ways they could be "used", hidden, stored, black-marketed, etc. - But, for all intents and purposes, a law banning use/possesion of firearms would cost many people dearly. Nothing says they have to be grandfathered or duely compensated for.

Looking at some of the presidentail hopefuls makes me wonder..........
 
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I would welcome NFA firearms becoming worth 10% of their present value by an overturn of 922(o). :) As for a ban, not going to happen, especially after Heller.
 
That is exactly what happened basically overnight in Not so Great Britain. I don;t see it happening here for a few reasons. First, too many people who have firearms would rebel totally against the government and administration that wrote the law, and too many people who own guns who wouldn't be willing to give them up have a lot of money and power / influence in the country. AND it would be certain death to the person or persons who wrote the law politically.

I also see bad gun legislation on it's way but not a total and outright ban, not in the US. Maybe a resurgence of that painfully idiotic brady Bill and Assault weapons ban again! YEEEECCHHH!
 
My firearms were never intended to be monetary investments. So long as I physically retain them and ammo to go with them, they will continue to be suited to the purposes I bought them for.

BTW, it's "all intents and purposes". That bugs me even more than "I could care less" :banghead:.
 
Rebellion to tyrants is obedience to God.

As it reads in the declaration of Independence:

"We hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain inalienable rights, that among these are Life, Liberty, and the Pursuit of Happiness. . . whenever any Form of Government becomes destructive to these Ends, it is the Right of the People to alter or abolish it, and to institute new Government, laying its Foundation on such Principles, and organizing its Powers in such Form, as to them shall seem most likely to effect their Safety and Happiness."
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"Eternal Vigilance is the Price of Liberty." – Thomas Jefferson
 
Have you ever thought about the fact that with one stroke of a pen all of our firearms could become (instantly) worthless?
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No, because it's silly to live your life worried about that. Enjoy your guns, do your part with activism, and stop worrying about the sky falling.

The "one stroke of the pen to eliminate all guns" thing is just plain stupid. When was the last time you saw a "ban all guns" bill introduced and had anything done to it other than shuffled off to committee? Wait, never? That's because anything that will happen will be done incrementally.

Most of all, the people who pass it.
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Sure it will. :rolleyes:
 
I think a more likely scenario would be in the form of the Senate signing some treaty like the Law of the Sea, whereupon we would become subject to the U.N. and the world tribunal. As far as the U.N. goes, IMHO we ought to tell them where to put it.....someplace else.:rolleyes:
 
The monetary worth of my firearms is the least of reasons to be concerned that some might take firearms and the american way of life away.
 
Read the first 1/2 of the book "the turner diaries"... the second half of the book isn't worth the paper it is written on.

It's always good to have a few firearms that were not DROS'd in your name, (face to face transfer), and a bunch of AP rounds just in case.
 
I don't see my guns losing their investment value if a complete anti-gun bill was passed.

On the contrary, I see them increasing in value exponentially as at that point my life will depend on them.
 
i love how so many people say it wont happen. it already has happened in two of a our allies(britian, austrailia). It happened. saying it cant happen is down right stupid. it happened. heck, california just made it illegal to use lead bullets in some areas. why ban the guns when you can make shooting them illegal. it's already happening and people keep saying it never will.

i'll probly never even get a chance to show my kids a gun. i blame you.
 
Heller is not a sure thing either there is always a worst case scenario (No not in the face!), What I mean to say is it looks good for us but we should not be counting our chickens.
 
it's already happening and people keep saying it never will.
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I know reading comprehension and critical thinking are difficult skills, but I'll try to use small words and short, numbered sentences.

  1. I am saying that an all-out ban is not likely.
  2. I am not saying that no measures will be taken.
  3. I am saying that any attempts that have a chance of success will be done incrementally.
  4. Incremental means a little at a time.
  5. Your example of banning lead bullets is not an incremental ban.
  6. Your example of banning lead bullets not a sweeping ban.
  7. There is still plenty of time to stop things.
  8. Stopping this takes commitment and action.
  9. Melodrama on the interweb does not effect change.

i'll probly never even get a chance to show my kids a gun. i blame you.
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^^ Melodrama on the interweb. (Cue dramatic piano music)
 
That is exactly what happened basically overnight in Not so Great Britain.
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Big difference: owner's were compensated. It cost them 100 million pounds to sweep up 162,000 handguns in the 1998 handgun surrender and compensation scheme.

Extrapolate that to roughly 80,000,000 handguns and wha'chu get? 100 [Sagen voice] Billi-yun [/Sagen voice] dollars.

The OP is postulating a 100% uncompensated surrender and that's not what happened in the UK or Oz.
 
i love how so many people say it wont happen. it already has happened in two of a our allies(britian, austrailia).
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One more time: no, it didn't.
The UK and Oz examples were not confiscations as portrayed in the OP.

http://www.nao.org.uk/pn/9899225.htm

excerpt said:
Payment was offered at flat rates or published rates for specified listed items. If owners were unwilling to accept the flat rate or their item was not specified, they needed to submit a valuation reflecting the item’s market value. About half of all compensation claimed has required supporting valuations. The Home Office faces a difficult task in evaluating the evidence of value submitted.
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While I also think a complete ban in the US is unlikely -- given the 2nd Amendment and the general violence of American culture :), I think that calculating the risk associated with guns as an investment is a challenge.

I am personally not very comfortable with investments with risks I cannot understand or quantify.

Note that this works both ways. Do you recall the prices of "pre-ban" magazines? Some folks bought a lot of them, only to have the ban (as far as number of rounds in a magazine lifted). If you paid $65 for a pre-ban magazine the month before the ban was lifted, and that same magazine now sells new for $15, you didn't make a wise investment.

While it is true that almost all investments have some legal risk, guns in general seem to be more likely subject to legal sanction than most other investments.

One of the many reasons guns - to me - are toys, not investments.

Mike
 
Well the "stroke of the pen" utterly failed to make cocaine or heroine worthless. Or alcohol back when they tried that. Government cannot stop commerce anymore than it can stop the tide. The banned items become worth MORE and are simply traded on the black market with no regulation at all. Heck, given knowledge and background most of us would find ourselves in a very nice position to start a new career ;-) A very, very lucrative one at that. With a machine shop and some basic tools I can MAKE firearms.

A ban would not be welcome by smart ATF and FBI agents, either. Any feds who poke nose in don't get an argument from a gunstore owner, they get a bullet to the brainpan from some smuggler.

I'm a lot more worried about them coming at us from new directions--like primer production or more import bans courtesy of treaties.
 
I know it sounds crazy, but what about the north american union act?

To unite canada, USA and mexico to form one country. This has already been implemented and its only a matter of time before it happens. Point being, its going to be a new country for all, isnt it? meaning possibly a new constitution? Meaning no more second ammendement?

Please tell me I'm off my rocker.

Here in canada, they don't give a rats ass. Years ago when we had the new regulations come in, many people suddenly realized that they now have prohibited weapons due to the new laws. Those who did not become grandfathered were ordered to turn in their firearms for destruction, no compensation was made. Britain of course did it as well.
 
To unite canada, USA and mexico to form one country. This has already been implemented and its only a matter of time before it happens. Point being, its going to be a new country for all, isnt it? meaning possibly a new constitution? Meaning no more second ammendement?

Please tell me I'm off my rocker.
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You are off your rocker. :)

Mike
 
Based on the actions of government lately, they aren't likely to make them "instantly worthless" but instead every time they do something many of my guns double or triple in value.

I used to own a Saiga 12 ... if the fed.gov decided to make it a Destructive Device, it would more than double in value.


Anyway, the day they make them "instantly useless" the day to start using them in the most non high road fashion possible.
 
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