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Forums10
Topics38,374
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Most Online1,258 Mar 29th, 2024
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Joined: Dec 2014
Posts: 106
Sidelock
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OP
Sidelock
Joined: Dec 2014
Posts: 106 |
Working with my lawyer I recently completed the difficult task of determining the disposition of my meager assets upon my eventual demise. While as far as I know I should be around a good while longer, ya just never know. The question is "What should be come of my gun collection?". I could begin to sell them now and put the cash away.I know the value of some odd ball stuff I have. I could just die and then I won't have to worry about it. I have a list of guns my kids want so they are covered. None of them want to get the whole works. Recently a friend of mine passed on. His wife loaded all the guns into her SUV and sold them to a local dealer who gave her as far as I can see about 35 cents on the dollar. I have seen the list. Any thoughts would be appreciated.
Swampman
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Joined: Nov 2002
Posts: 9,381 Likes: 1
Sidelock
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Sidelock
Joined: Nov 2002
Posts: 9,381 Likes: 1 |
Keep easy to move stuff at fair price and move the harder to sell stuff or stuff for which the market is dwindling down from year to year.
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Joined: Mar 2002
Posts: 7,693 Likes: 450
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,693 Likes: 450 |
I have detailed written instructions for the selling or passing on of my guns, tools, wood and stock blanks. Guns were easy. Kids know what they want and the rest gets split into two groups. The best goes to a local dealero on a consignment basis, while the rest will goes to an auction house to be sold over three to four auctions. Don't want my wife or kids to be stuck trying to sell my guns over a year or so time. Bundle them up and drop them off or have them picked up, let others do it for a fee.
When my brother died I had to dispose of all of his stuff. It took me three days to separate things out and another week to move them out. Cleaning crew, painting crew, cleaning crew again, then real estate agent. In three weeks his house as on the market and under contract shortly the after. About a third of his stuff went to Craigslist, same to goodwill and the rest to friends and family. Everything was sold and gone in less than a week. The only rule I had was that I was not going to bring any of it home with me. God knows I've got enough stuff already.
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Joined: Oct 2006
Posts: 879
Sidelock
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Sidelock
Joined: Oct 2006
Posts: 879 |
I have a list of my meager collection (and estimated values) which I have given to my two daughters and their husbands. When I die, the S-I-L's will take what they want, and I assume make a financial adjustment if needed. The remainder will go to Jaqua's. The stuff that is hard to dispose of is the gun junque in the basement - Loaders, dies, powder,shot, etc. Thankfully, that stuff won't amount to a huge sum, but will represent a bunch of wasted time. Now how do you rid of a 30 gun custom made safe?
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Joined: May 2016
Posts: 1,408 Likes: 181
Sidelock
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Sidelock
Joined: May 2016
Posts: 1,408 Likes: 181 |
Good topic to bring up. I agree somewhat with tudurgs and have discussed it with my family. My son and son-in-law will have the guns they want, the rest going to a trusted and frequented local gun shop whose owner I'm friends with and knows my wishes. In fact, My wife and I are going to a lwayer this week to have a will finally made up after many years of putting it off. Like SWAMPMAN said, we're never sure of our "expiration date". Me, I want to hit the ground like a well spent shotshell. I don't believe God subtracts the time from a man's life spent hunting gamebirds. I want to also note that my gun book collection and gun room stuff will be going to a well known sporting book dealer in the area. Almost forgot all the other stuff! Karl
Last edited by Karl Graebner; 03/29/17 02:21 PM.
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Joined: Jan 2002
Posts: 9,718 Likes: 94
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,718 Likes: 94 |
pass it on now...you came in with nothing...go out the same...
keep it simple and keep it safe...
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Joined: May 2016
Posts: 1,408 Likes: 181
Sidelock
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Sidelock
Joined: May 2016
Posts: 1,408 Likes: 181 |
Ed, In throry that's true, but I still need some stuff to continue having fun. I did however get rid of things that I haven't used in quite awhile, some O/U's for instance. I've heard a phrase that "he who dies with the most toys wins". That can be quite a hardship for the family left behind. That was my reason for thinning out the flock in the first place. Karl
Last edited by Karl Graebner; 03/29/17 02:41 PM.
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Joined: Jun 2008
Posts: 5,522 Likes: 167
Sidelock
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Sidelock
Joined: Jun 2008
Posts: 5,522 Likes: 167 |
Wife has been told to put all the gun stuff in the dumpster when i die.
My shooting buddies have been informed to gather at the dumpster the day after the funeral.
Mike
USAF RET 1971-95
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Joined: Apr 2012
Posts: 753
Sidelock
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Sidelock
Joined: Apr 2012
Posts: 753 |
The kids bought me a t shirt years ago that said
"He who dies with the most toys - still dies"
At some point as I age. I will thin it out
If the unexpected happens too soon I hope friends will help and that in the long run that will be the least concern of my passing
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Joined: Jan 2002
Posts: 622 Likes: 1
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 622 Likes: 1 |
It will be interesting to see what happens to gun prices as the 'Boomers age. Antiques are not selling as well as they did in years past. I suspect that guns...particularly old guns...will take a major dive in value. Millenials don't want them...
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