It's a wholebuncha nice, so...not likely one could hope to find one any nicer!
Should I keep it or sell it? That is the question
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It's a wholebuncha nice, so...not likely one could hope to find one any nicer!
03hemi
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Depends on what you paid for it? Do you mind telling us? Personally, I'd keep it, but then I don't sell my guns.USPS just delivered this today, and boy was I pleasantly surprised.
This gun truly looks unfired. 38 Safety Hammerless 3 1/4" Nickel 5th Model 1939 or 1940.
The box is amazing.
Bought it to resell but I don't know. HELP!!!
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As the old knight said in Indiana Jones and the Last Crusade, "you have chosen wisely"
. Prayers for your wife's speedy recovery.
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I hate to make a negative post on a thread about a beautiful example of Smith & Wesson's craftsmanship. Given the opportunity, we all have bought guns for less than their resale value, even if they do not fit into our core collections. However, let me remind the members that unless you have a FFL 01 (dealer) license, NEVER EVER indicate in writing that you bought a gun with the intent of reselling it.
Bob
Bob
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I hate to make a negative post on a thread about a beautiful example of Smith & Wesson's craftsmanship. Given the opportunity, we all have bought guns for less than their resale value, even if they do not fit into our core collections. However, let me remind the members that unless you have a FFL 01 (dealer) license, NEVER EVER indicate in writing that you bought a gun with the intent of reselling it.
TOTAL TOTAL TOTAL HOG WASH
Sir I hope your Wife a quick Recovery and God Bless you.
TOTAL TOTAL TOTAL HOG WASH
Sir I hope your Wife a quick Recovery and God Bless you.
Make the right decision. KEEP IT! Don't be silly.
OP
As the old knight said in Indiana Jones and the Last Crusade, "you have chosen wisely"
Thank you so much.
Bobby
OP
I don't usually talk about what I pay for something. My cost has no relationship to what I sell something for. I try to sell an object for what I think it is worth. I bought this at an online auction and if I had seen and held it beforehand I would have paid at least $500 more than I did.
OP
I do have an FFL but you advise is worth hearing.
While I respect your right to do so, I never understood the logic in this, as it is one of, if not the most interesting aspects of a gun deal.
OP
Are you native to Texas? It's a Texas thing. You don't ask a rancher how many head of cattle he has or how many acres. You also don't ask how much money someone has in the bank. And unless it is a normal commodity, you don't ask what someone paid for an item.
WTS, I understand your side also.
OTD I have about $1400 in the gun, but I feel it's worth $2250 or so. Items like this that are so scarce are worth what someone is willing to pay. It was worth $1400 when I bought it, more if I had seen it in person, but that is history. The current value is what a potential buyer and I can agree on.
gwpercle
Member
I'm going to pass on some advice from my Dad that he gave me over 50 years ago ...it has served me well .
" Son ...don't ever sell a gun you like ...
sooner or later , you will regret it ."
M. P. Percle - 1967
My advice ...Keep it .
Gary
" Son ...don't ever sell a gun you like ...
sooner or later , you will regret it ."
M. P. Percle - 1967
My advice ...Keep it .
Gary
JJEH
Member
If you need the money sell it, if you don't then keep it.
Yes, I'm a native Texan and I know it it is considered rude to ask about personal wealth, what one gets paid at work, etc.
There seems to be a finer line where hobbies are concerned and I practice what I preach, I always tell what I have in something because it is so much a part of the story.
Appreciate the disclosure and the package is a great deal and gorgeous.
03hemi
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I'm a native Texan, born and raised most of my life in Arlington and Fort Worth. There's absolutely nothing wrong with asking "in a polite manner" how much someone paid for something, especially if they brought the subject up to begin with.
I do have an FFL but you advise is worth hearing.
__________________ Sir you can buy a weapon on line and sell it the same day as a Non FFL...who ever posted that hogwash above has no clue to the Law. The Supreme Count has ruled several cases involving Your Rights to Property and it boils down to its your Item you can sell trade, or give it to anyone the ONLY ONLY requirement is it transfer via Fed and State Regs...and Last time I checked a 4473 said NOTHING about how long you owned the property. This Issue came up at CMP twice at CMP when I was Buying many M1's in the end the sale or Transfer of a CMP weapon was not based on how many or how long you owned it. Under OLD DCM Rules it was set up Like the Military and you were sold 1 and 1 Only rifle...all service and repairs were done by Army Armory units.... this was the standard till 1996, in the paperwork you signed that the rifle was not for resale and disposal was back via Army inventory. Ive flipped Many a firearm at shows all via FFL where required all Legal.
__________________ Sir you can buy a weapon on line and sell it the same day as a Non FFL...who ever posted that hogwash above has no clue to the Law. The Supreme Count has ruled several cases involving Your Rights to Property and it boils down to its your Item you can sell trade, or give it to anyone the ONLY ONLY requirement is it transfer via Fed and State Regs...and Last time I checked a 4473 said NOTHING about how long you owned the property. This Issue came up at CMP twice at CMP when I was Buying many M1's in the end the sale or Transfer of a CMP weapon was not based on how many or how long you owned it. Under OLD DCM Rules it was set up Like the Military and you were sold 1 and 1 Only rifle...all service and repairs were done by Army Armory units.... this was the standard till 1996, in the paperwork you signed that the rifle was not for resale and disposal was back via Army inventory. Ive flipped Many a firearm at shows all via FFL where required all Legal.
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And he is entitled to whatever he can get out of it. His cost has no bearing on that, or what the next guy should be willing to pay.
Sir,
Unlike you, I have a forty year background in law enforcement, specifically in the examination and legality of firearms. BATF has ruled in the past that buying ONE gun WITH THE INTENT of reselling for a profit constitutes dealing and requires a license.
From their website:
As a general rule, you will need a license if you repetitively buy and
sell firearms with the principal motive of making a profit. In contrast,
if you only make occasional sales of firearms from your personal
collection, you do not need to be licensed.
Courts have identified several factors relevant to determining on
which side of that line your activities may fall, including: whether
you represent yourself as a dealer in firearms; whether you are
repetitively buying and selling firearms; the circumstances under
which you are selling firearms; and whether you are looking to make
a profit. Note that while quantity and frequency of sales are relevant
indicators, courts have upheld convictions for dealing without a
license when as few as two firearms were sold, or when only one or
two transactions took place, when other factors were also present.
Bob
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