Should I sell now,or wait?

[sophie]

When and if to sell firearms we have accumulated over the years is a difficult decision to say the least. I am 71 yrs of age and have thought about this a lot lately. I don't need the money right now but we all know that can change very quickly. Both my sons own firearms and have a good idea what firearms are worth. My wife would be lost if not for their help in the matter if something happened to me. I have always enjoyed the thrill of looking for what firearm I wanted and purchasing it. I do have some like a lot of members here that all I really do is pull them from the safe and admire them. I could go ahead and sell some of mine but dang, I really don't like the idea. I am going to have to do it sometime though. In the past I have always regretted selling any gun that I owned but my mental attitude is beginning to change a little. I think age does that. In the past couple of years I bought quite a few more guns and I really shouldn't have done that. I have no advice to the people here on the forum as to when to sell your collection because I don't really know what to do either. I guess we will all figure it out.

As far as this thread being a bummer for some of you younger members it is something that needs to be talked about and you too will face it one of these days. Maybe you would like to buy some of us older guys collections.

_________
James

 

[Mickey D]

I've been thinking the same lately. It's a seller's market and I know I can double my money easy.

But let's not all flood the market. Prices will tank.

 

[boatbum101]

Well I hate parting with old friends , but sometimes it's the lesser evil . If you do sell please wait 'til fall when I've built my gun fund back up . I've seen you post pics of some very nice stuff I'd love to have . I also have no problem paying the going rate for true collector quality S&W's . Whichever way you go , best of luck to you .

 

[moe l.]

The more restrictions they impose the higher the value of what they're restricting. Scarcity pushes up prices - it's simple economics. The only way the values plummet is if a 2A friendly administration is elected and restrictions ease and guns and ammo become easy and plentiful.
Sell if you have to; if you don't have to....don't.

 

[fat tom]

Well,I've actually sold TWO! It ain't easy,but both went to gentlemen who posted WTB ads for a specific gun. I must say that it was somewhat gratifying to help them out. Baby steps,baby steps.
f.t.

 

[judge]

Hi Bob - I'm in the same boat as you. I knew that the wife had no interest in the collection, and no kids in the family. I felt it was time to trim down over the past 10 years. I had about 50 S&W high quality revolvers at the peak, now I'm down to about 6. I miss the ones I sold, however the money was invested and has grown nicely. Large collections are risky business in this political environment - the Govt. can make life very difficult for gun owners. I expect it to happen over time. Best always - Judge

 

[rwsmith]

Man you guys

All you guys that are having to give up something you loved and spent your life doing, it's really sad. But ya'll know when it's time and there is a time for everything.

 

[YogiBear]

Aloha,

After reading all the posts, I don't feel bad.

I think I'm in good company.

I'm 66+ diabetic and kidney problems.

Wife and my FFL friend have been getting on my case about

lightening the load.

Guess given the unholy state of gun laws here in Hawaii, I may

start sooner than I rhought.

 

[C.S.63]

Fat tom, OP
I wish you all the best with your decision, One positive note is the opportunity when or if you sell any of your collection, Is that it will be going to an individual that will also enjoy it like yourself, I also sold part of my collection and pursued just a few gems. Over the last few years I have simplified my reloading strategy also.

A phrase that we all know well but maybe not so prevalent in today's age
Beware the man with one gun.

Carl

 

[vytoland]

if you have something to sell.....strike while the iron is HOT.

 

[fat tom]

You should list your FS firearms here. I've found that it is an easy and safe way to do a transaction.

Well,I have in a way. I've responded to WTB ads here on the forum. And I agree with you. I've completed MANY transactions here over the years with no problems and no complaints. Made quite a few friends in the process.
f.t.

 

[Wingmaster]

I am getting into this one really late, but one thing that has only been slightly mentioned is that collecting these guns (at least for me) is a passion. Not just a hobby that will pass into some other collection in a few years but a passion. I read threads on here almost every day. I check local gun and pawn shops at least weekly. I am only now coming to realize that I can't own every S&W that was ever made.
That my friends is a hard thing to give up. Or sell off.
My wife and kids are not anywhere near as passionate about my guns as I am. Never will be. Each kid has said they would like to have one of my favorite guns, but realy doesn't have a use for all of them.
Tom,
I didn't buy my guns as an investment. If my wife and kids don't get the full value for all of them at least they will get something.
I don't think I will give up on my passion. I might sell some to someone that will appreciate them as much as I do. But I will always keep the majority of my collection.

Good luck with your decision.

Wingmaster

 

[R. G. Amos]

List your guns in order of importance to you - most important first, etc.. Sell the bottom 50% and don't think about it anymore.

 

[chud333]

Bobby, A tough decision indeed. I feel for ya' my friend.
I have sold alot here recently just downsizing some and
trying to consolidate to a few calibers to make things easier
"just in case". Not really hurting for money,(though who can't
use a little more right now). Whatever you decide it will work
out and you will still have a gun or two to go hunting with the
grandkids. These things are nice we collect but i have no qualms
about selling some of mine. When we are long gone and hopefully
not forgotten, it won't matter anyways.

Chuck