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re: Passing down a gun collection- Now or Then?

Posted on 3/11/24 at 7:30 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260404 posts
Posted on 3/11/24 at 7:30 pm to
I'll make sure to transfer all my ARs if the gubment ever does decide to ban them again (providing we get grandfathered in.)
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76291 posts
Posted on 3/11/24 at 7:35 pm to
Just leave them in your will “to the strongest”
Posted by LSUEnvy
Hou via Lake Chas
Member since May 2011
12101 posts
Posted on 3/11/24 at 7:59 pm to
Dad never hunted or shot guns at the range. Paw paw bought me my first gun a .410 pump I shot on the farms. You could steal every one of my other firearms and if that shotgun was left behind I would be ecstatic. Op it would be nice to give them early and like another poster said go with them on a hunt.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9586 posts
Posted on 3/11/24 at 8:09 pm to
It's kind of weird to think I have no one to give all of my guns to. I have a daughter and a stepdaughter that are grown and enjoy shooting some of the guns I let them shoot, but they don't know the first thing about owning a firearm.
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76291 posts
Posted on 3/11/24 at 11:51 pm to
quote:

It's kind of weird to think I have no one to give all of my guns to.


Posted by 257WBY
Member since Feb 2014
5595 posts
Posted on 3/12/24 at 5:27 am to
Does the son have any interest in the guns? I’ve offered to by a 4wheeler and boat from my Dad that have sat unused for years. He gave both to me.
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 8:01 am to
quote:

Personally, for me a gun/item with history is the one that interest me the most. The fact that it meant something to someone else to me is gold.


This is what I like too. Most of the collection are first year models and some are very old.. I have a 1905 3rd year of production Auto 5, a couple from 1944-45 when they were limited to servicemen, along with the Model 11's and 720's, first year standard and light 16's and sweet 16's. First year superposed, etc.. I don't have personal stories with many but they all have historical value if you're obsessed with JMB like me..
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 8:02 am to
quote:

retire it to the safe queen life it deserves.


That's pretty much what 90% of these guns are..
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 8:03 am to
quote:

Just leave them in your will “to the strongest”


We can have a festivus "feats of strength" contest..
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 8:07 am to
quote:

IDK, you might have like $12k in guns there


I'm embarrassed to say, I paid more than that for the most expensive one..
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 8:09 am to
It's been some great advice, thanks everyone!
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37618 posts
Posted on 3/12/24 at 2:52 pm to
I've been in the same boat for awhile, so I can relate. Plus, my Dad started giving me certain guns when he hit 70 ... I'm doing the same.

Trusting my Son in Laws in their 40s and 50s, to make sure the grandkids get some of them when the time is right.

I've given my Son a couple. He'll get the rest of mine when I die.

Reads as if you've got a very nice collection. It might be worth getting it appraised. I had mine appraised .... I thought maybe $40k. It, my collection, ended appraising for $166,400.00. Caught me off guard in January when we were switching our homeowners' policy. Most of it is in a dozen firearms like some old Colts (historic revolvers, six shooters and a couple of 1911s) and a few Winchester and Marlin leverguns with provenance. But there are a lot of $1000-$1500 Colt and S&W revolvers and JM stamped Marlins in there as well.

Those old Brownings of yours are worth big money to the right collector. Your Son will surely cherish them as yours ... just trickle them down to him.

I know this guy, can't stand him, he's young enough to be my Son. I knew his Dad really well, he owned a pawn shop/gun store for 65 years. When the old man died, unbeknownst to all of us, he had this massive collection of Sweet 16s and Nylon 66s and Rolexes ... the Son is auctioning it all off. He's using the same appraiser I used and, rumor has it that it will go well above a million.

His Dad didn't give either of his Sons any of his guns for a reason. He told me, before he died, that he knew the money grubbing little bastards would sell all his stuff and he figured, that was okay, collectors would end up with it.

That's a sad way for a family, the men, to do things in the end imho.
Posted by TigerDeacon
West Monroe, LA
Member since Sep 2003
29299 posts
Posted on 3/12/24 at 3:08 pm to
quote:

I know this guy, can't stand him, he's young enough to be my Son. I knew his Dad really well, he owned a pawn shop/gun store for 65 years. When the old man died, unbeknownst to all of us, he had this massive collection of Sweet 16s and Nylon 66s and Rolexes ... the Son is auctioning it all off. He's using the same appraiser I used and, rumor has it that it will go well above a million.

His Dad didn't give either of his Sons any of his guns for a reason. He told me, before he died, that he knew the money grubbing little bastards would sell all his stuff and he figured, that was okay, collectors would end up with it.

That's a sad way for a family, the men, to do things in the end imho.


Just to counterpoint this. We are all only here for a little while. We keep things that make us happy. That doesn't mean it necessarily makes our kids happy. I put my money in land (adding to the old homestead of my great grandparents) and I hope to teach my kids the value of it and to never sell it. Sell every stick on if needed but keep the land.

However, I know that one day one of my descendants will sell it. It will be divided in half anyway at my death. We can't control it and there is no need to waste time worrying about it. If those guns go to a collector then they are making someone else happy.

My oldest has started to "claim" guns and I have told him any gun that I have bought that he has used will go to him and the same will happen with his youngest brother. What they do after I die isn't my business.

I guess my point being is that just because something is important to us doesn't mean it is important to our children. I have this conversation with clients fairly often where they want to control what happens beyond the grave.

I also seem to have a more utilitarian view of guns. I buy a gun for a specific purpose and if it meets that purpose I stick with it. So, I may not have the same viewpoint of someone who is a collector.

To take guns out of the equation, what if it was some other collectable? Would we be as attached if it was a stamp collection?
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 3:44 pm to
quote:

Reads as if you've got a very nice collection. It might be worth getting it appraised. I had mine appraised .... I thought maybe $40k. It, my collection, ended appraising for $166,400.00.


I've had mine appraised and insured.. It's very similar to yours. About 20k less.. Appraisals are weird. For example, an X-bolt medallion with a Zeiss Diavari appraised way above a Browning Leige (only 10,000 made) which I personally value way above that rifle..

quote:

I know this guy, can't stand him, he's young enough to be my Son. I knew his Dad really well, he owned a pawn shop/gun store for 65 years. When the old man died, unbeknownst to all of us, he had this massive collection of Sweet 16s and Nylon 66s and Rolexes ... the Son is auctioning it all off. He's using the same appraiser I used and, rumor has it that it will go well above a million.

His Dad didn't give either of his Sons any of his guns for a reason. He told me, before he died, that he knew the money grubbing little bastards would sell all his stuff and he figured, that was okay, collectors would end up with it.

That's a sad way for a family, the men, to do things in the end imho.


Hate to hear stuff like this..
Posted by JDPndahizzy
JDP
Member since Nov 2013
6437 posts
Posted on 3/12/24 at 3:45 pm to
quote:

However, I know that one day one of my descendants will sell it. It will be divided in half anyway at my death. We can't control it and there is no need to waste time worrying about it. If those guns go to a collector then they are making someone else happy.


True dat...
Posted by biglego
Ask your mom where I been
Member since Nov 2007
76291 posts
Posted on 3/12/24 at 3:53 pm to
quote:

Would we be as attached if it was a stamp collection?


Of course not. Bc stamps are dumb and guns are awesome.
Posted by Mr Breeze
The Lunatic Fringe
Member since Dec 2010
5952 posts
Posted on 3/12/24 at 4:29 pm to
To echo what others have said, I'm giving mine away now by letting my son-in-laws, grandsons and nephews express their preferences and then acting accordingly.

Luckily, they're all great men and don't argue about who gets what. Most are of sentimental value only and except for two 20 ga Parker Reproductions, none are very expensive or rare.

I'm in my 8th decade on God's good earth, and thought I'd let them be put to good use now, and unburden a chore for my wife after I pass. It's a joy for me to see the pleasure my "boys" get owning them, and hearing the stories of what they've harvested each season.
Posted by KemoSabe65
70605
Member since Mar 2018
5135 posts
Posted on 3/12/24 at 4:35 pm to
Dad would bring my two boys either a new gun or one in his collection every trip to Lake Charles. Me and my oldest brother split those left the day we buried dad.
All of mine save for three pistols have already been picked. Kemo Jr killed his first deer with dads 270 BAR.
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16196 posts
Posted on 3/12/24 at 9:02 pm to
My son (19 years old) knows that all of mine and the ones that have been passed down to me from my dad, stepdad, paw paw, uncles, and great uncles will be his when I pass, unless my daughter marries an outdoorsman. I guarantee he will never sell any of them because he’s been raised to appreciate family and tradition. I’ve told him since he was young that it would all be his and I know he appreciates the heritage and tradition. After he’s gone, who knows.
Posted by Twenty 49
Shreveport
Member since Jun 2014
18768 posts
Posted on 3/12/24 at 10:34 pm to
It would be helpful to the heirs to write up the history of the guns, print it and pass along with the items.

I have a document with serial number, price paid, date bought, etc. for each gun or bayonet. I add any history I’ve researched, such as with WWII rifles and a Colt Single Action Army that was owned by my great grandfather. I got the factory letter on the Colt and wrote up the family history, repair history, etc.
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