how many is to many

Have gun-will travel said:
About 4 or 5 years ago I decided that I had way to many safe queens that had never been fired.They were all N framed S&W revolvers So I found several guys that had plenty of money that I really wanted more than the revolvers that I knew I'd never shoot. So I sold nearly $9500 worth.. Wish I had them back?Not really. I still have plenty to take out of the safes to wipe down several times a year. And drool over.. I still have several of each caliber. I have not fired .But if I decide to sell anymore of them they will be listed here for the CFF family to give them new homes.
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You must send me a PM giving me heads up you are placing them in the BST section. So I can beat @Jeppo!!!
 
Have gun-will travel said:
If you know how many you have you ain't got enough
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i lost count a good long while ago. 2yrs ago before i moved, i made an inventory for the movers insurance. it was outdated before i gave them a copy. a coworker said something about my collection and i protested that i don't have THAT many... he said "i've known you for 2 years, and i think you've told me about a new gun at least 20 times"
wife isn't interested at all. no kids. i have one cousin who might enjoy inheriting them, but he's not much younger than me and may be in worse health.. i've probably need to make some advanced directives one of these days so if i keel over my mrs doesn't just giving nfa items away and such.
 
DrScaryGuy said:
i lost count a good long while ago. 2yrs ago before i moved, i made an inventory for the movers insurance. it was outdated before i gave them a copy. a coworker said something about my collection and i protested that i don't have THAT many... he said "i've known you for 2 years, and i think you've told me about a new gun at least 20 times"
wife isn't interested at all. no kids. i have one cousin who might enjoy inheriting them, but he's not much younger than me and may be in worse health.. i've probably need to make some advanced directives one of these days so if i keel over my mrs doesn't just giving nfa items away and such.
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You do bring up a very serious issue for all of us to think about and start planning. How to prepare the ones we leave behind so they do not get ripped off or sell prohibited items. All my NFA items are in a family trust and I have instructions for many of my guns, but there are some guns, my kids or wife could careless about. So I really do need to sit down and inventory them and make notes about values or what makes it special.
 
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kcult said:
In fact, I'm considering selling off some of mine, just to stash enough cash to get me out of the factory, soon.
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Ladies and Germs, here's your answer. When you have enough guns to sell off SOME and fund your retirement plan - that might be too many. Or maybe not, either way.
 
Average Joe said:
You do bring up a very serious issue for all of us to think about and start planning. How to prepare the ones we leave behind so they do not get ripped off or sell prohibited items. All my NFA items are in a family trust and I have instructions for many of my guns, but there are some guns, my kids or wife could careless about. So I really do need to sit down and inventory them and make notes about values or what makes it special.
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I've already told my wife if anything happens to me, log into my account here and post them for the number i have listed on the box. That's what i paid and if she gets that, then everybody will win... give or take a few dollars šŸ§
 
If I shoot or use it, I keep it
if itā€™s out of production, I keep it
if itā€™s in production and I donā€™t use it, I sell it
 
I have several close friends that I made an agreement with. If either one passes before the other we agreed to help the spouse sell the guns for their current value.The person doing the selling get 1 gun for his trouble..I've seen spouses take the guns to a gun shop an they only received 50% of what they were actually worth
 
Have gun-will travel said:
I have several close friends that I made an agreement with. If either one passes before the other we agreed to help the spouse sell the guns for their current value.The person doing the selling get 1 gun for his trouble..I've seen spouses take the guns to a gun shop an they only received 50% of what they were actually worth
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that's still a good deal for many shops
 
Have gun-will travel said:
I have several close friends that I made an agreement with. If either one passes before the other we agreed to help the spouse sell the guns for their current value.The person doing the selling get 1 gun for his trouble..I've seen spouses take the guns to a gun shop an they only received 50% of what they were actually worth
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I don't have many friends, and i'm the younger healthier one of the few i do have. some are gone already.
A written plan is my best bet because my wife hates how confusing gun laws are and she'd likely be one of the people who tell a shop "send somebody to get them and i'll take whatever you give me" people.

Doesn't matter though, she made me promise to outlive her...
 
dmarbell said:
Ladies and Germs, here's your answer. When you have enough guns to sell off SOME and fund your retirement plan - that might be too many. Or maybe not, either way.
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I did it once to pay off my house early.

Guns are money in the bank, with a little extra leg work.
 
Agreed! First car i ever bought myself came from losing a small collection.
 
DrScaryGuy said:
i've probably need to make some advanced directives one of these days so if i keel over my mrs doesn't just giving nfa items away and such.
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If you need to know how to spell my name, send me a PM. šŸ˜

Seriously, thoughā€¦the first transfer is tax-free, so name somebody in a will somewhere. If they go to her by default, itā€™ll then cost $200 apiece to transfer them to somebody else. Alternatively, you could create a separate trust to be the recipient. Have one trustee now that could handle them, and they could add others down the road.
 
BigWaylon said:
If you need to know how to spell my name, send me a PM. šŸ˜

Seriously, thoughā€¦the first transfer is tax-free, so name somebody in a will somewhere. If they go to her by default, itā€™ll then cost $200 apiece to transfer them to somebody else. Alternatively, you could create a separate trust to be the recipient. Have one trustee now that could handle them, and they could add others down the road.
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they're all in one trust with my wife as the beneficiary. once these 6 stamps clear, i'll consider adding somebody else...
 
Several months ago, while looking/buying a house here, getting the house there ready to sell, tying up loose ends in my career/cases, a friend reached out to me from a hospital, said he found out the night before that he was dying (stage 4, 9/11 pancreatic cancer) and asked me to sell his guns so his wife could use the money. What I didn't know was that there was almost 100 firearms altogether. Wife in her 70's never handled a gun, daughter had zero interest. This was a massive undertaking but I considered it a mission for a dying hero. Another problem was that he didn't want a rich guy buying up his whole collection - he loved each firearm, could talk 30 minutes about each one, and wanted each to go to an individual who would appreciate that particular gun........whoa. They also offered me 20% of all sales - which, of course, I denied. I told him I'd put a few 'select' guns from his collection aside for them to sell to me for 'a good price'.

He literally had no where else to turn except local gun shops that would have given his wife pennies on the dollar. When it was all said and done, I sold everything, piecemeal. Before he died, he told me and his wife that he was hoping to get $25K for the collection. Several days before he passed, I told him we were at $38K and he was so happy. He told me to take the rest to NC, but obviously I couldn't do that. The final count after ammo sales was just over $55,000. A local gun forum owner allowed me to use his platform to sell most - and was well-compensated against his arguments that he didn't need to be. I also ran a very large indoor/outdoor range so that helped sell many guns too. The guns I put aside for me were given to me by the widow for free - I protested, but have you ever tried to argue with a 73 year old Jewish lady???


Moral of the story - HAVE A PLAN. HAVE A PLAN. HAVE A PLAN. Put it on paper. Make it legal. Make it easy for your survivors and let them get the most out of the hobby you loved so much.

Here's one of my friend's rifles that is now mine. Henry .357 16". He had more than 40 leverguns.

Henry .357, 16 inch.jpg
 
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Dan0311 said:
Several months ago, while looking/buying a house here, getting the house there ready to sell, tying up loose ends in my career/cases, a friend reached out to me from a hospital, said he found out the night before that he was dying (stage 4, 9/11 pancreatic cancer) and asked me to sell his guns so his wife could use the money. What I didn't know was that there was almost 100 firearms altogether. Wife in her 70's never handled a gun, daughter had zero interest. This was a massive undertaking but I considered it a mission for a dying hero. Another problem was that he didn't want a rich guy buying up his whole collection - he loved each firearm, could talk 30 minutes about each one, and wanted each to go to an individual who would appreciate that particular gun........whoa. They also offered me 20% of all sales - which, of course, I denied. I told him I'd put a few 'select' guns from his collection aside for them to sell to me for 'a good price'.

He literally had no where else to turn except local gun shops that would have given his wife pennies on the dollar. When it was all said and done, I sold everything, piecemeal. Before he died, he told me and his wife that he was hoping to get $25K for the collection. Several days before he passed, I told him we were at $38K and he was so happy. He told me to take the rest to NC, but obviously I couldn't do that. The final count after ammo sales was just over $55,000. A local gun forum owner allowed me to use his platform to sell most - and was well-compensated against his arguments that he didn't need to be. I also ran a very large indoor/outdoor range so that helped sell many guns too. The guns I put aside for me were given to me by the widow for free - I protested, but have you ever tried to argue with a 73 year old Jewish lady???


Moral of the story - HAVE A PLAN. HAVE A PLAN. HAVE A PLAN. Put it on paper. Make it legal. Make it easy for your survivors and let them get the most out of the hobby you loved so much.

Here's one of my friend's rifles that is now mine. Henry .357 16". He had more than 40 leverguns.

View attachment 416077
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Youā€™re good man sir. Well done
 
DrScaryGuy said:
they're all in one trust with my wife as the beneficiary. once these 6 stamps clear, i'll consider adding somebody else...
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But if she has no interest in keeping them, she (or the buyer) will have to pay $200/ea. You could even considering formatting a single item trust for each one, and name those by serial number in the will. Add the buyer and they take instant possession. šŸ˜Ž
 
I'm at the same point, but older. With ammo supply the way it is I'm always thinking, "do I really need to keep____". but, it is hard to let go of ones I like (which is most).
 
The problem I have selling is...I have strange guns....Triple Locks...I've only seen3 in my life, I bought them as I found them...Registered Magnums...2 in my life...bought them......1st Gen Colts...Factory engraved Ivory stocked Colts...too many to think about......Browning Hi Powers that are what the word "rare" was invented for. And MORE!!! Sooooooo, I'm afraid if I sell them I will NEVER live to see another. I love having them for others to see, enjoy and Shoot!

I recently let 2 Very important guns go to a man I have only known for a short time but that has become very close to us. He called me aside and asked that when I decided to let something go to let him know. I did...he is now the Keeper until the next owner. Even though I am undecided about selling some of the guns I have, the Right money would have to win over my considerations. That said, I would have to run up with somebody who is willing to pay me today what the guns would be worth in 5 years or more....there are Alot of folks like that...ALOT....So far I am letting the Good stuff go to Only folks I care about...but so help me....in the Near future......Big Sale Coming.......Until then I'm still looking for the Best of the Breed from Colt and S&W....
 
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BatteryOaksBilly said:
The problem I have selling is...I have strange guns....Triple Locks...I've only seen3 in my life, I bought them as I found them...Registered Magnums...2 in my life...bought them......1st Gen Colts...Factory engraved Ivory stocked Colts...too many to think about......Browning Hi Powers that are what the word "rare" was invented for. And MORE!!! Sooooooo, I'm afraid if I sell them I will NEVER live to see another. I love having them for others to see, enjoy and Shoot!

I recently let 2 Very important guns go to a man I have only known for a short time but that has become very close to us. He called me aside and asked that when I decided to let something go to let him know. I did...he is now the Keeper until the next owner. Even though I am undecided about selling some of the guns I have, the Right money would have to win over my considerations. That said, I would have to run up with somebody who is willing to pay me today what the guns would be worth in 5 years or more....there are Alot of folks like that...ALOT....So far I am letting the Good stuff go to Only folks I care about...but so help me....in the Near future......Big Sale Coming.......Until then I'm still looking for the Best of the Breed from Colt and S&W....
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I am proud to be able to say that I have one of your little pistols. It is well displayed.
Thank you, Billy.
 
I used to think you couldnā€™t have too many and Iā€™ll probably go back to that mindset once we get to someplace where we will be fairly permanently. But loading up your truck with over 30 firearms, 10K rounds of ammo and nearly 50 bottles of bourbon to do a move kind of sucksā€¦..
 
Derek8404 said:
I used to think you couldnā€™t have too many and Iā€™ll probably go back to that mindset once we get to someplace where we will be fairly permanently. But loading up your truck with over 30 firearms, 10K rounds of ammo and nearly 50 bottles of bourbon to do a move kind of sucksā€¦..
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Might have seemed easier with nearly 49 bottles. šŸ˜‚
 
Dan0311 said:
Henry .357 16".

View attachment 416077
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WAAAANNNNNT! I've got the X model in 44mag. One of my goals is to have 2 guns in every caliber I shoot. Realistically I'm not getting a 460 lever anytime soon, however the 357mag is the last one for that list. I'm always on the lookout for a good deal. I'd love to have that gun!

Enjoying the topic and seeing the responses. I have a son that would trip over my casket to see how quickly he could get all my guns, so passing them on isn't a worry. I'm certainly past having the "need" section fulfilled for all situations I could need a gun for. Who knows when I'll see the "want" section fulfilled. I've got a lot more than most, but probably a fraction of some of you guys.
 
SIL has stacks of NIB handguns, ARs, rifles.... 50 BMGs........ 338 Lapua etc all new in boxes, in a bank vault he bought , not to mention ammo
 
My dad used to say ā€œI have all the guns Iā€™ll ever need, but I ainā€™t got NEAR all the guns I wantā€.

And here I am mulling over where to put another safe at my house, because the one ā€œIā€™ll never fill upā€ is packed slap dang full!!

If itā€™s a matter of making things easy when the day comes, then by all means, sell. You can buy more. At least for now, anywayā€¦..


Sent from my iPhone using Tapatalk
 
It's a lot better to sell off what you don't need or use and use that money to have a few high quality weapons instead.
 
Derek8404 said:
I used to think you couldnā€™t have too many and Iā€™ll probably go back to that mindset once we get to someplace where we will be fairly permanently. But loading up your truck with over 30 firearms, 10K rounds of ammo and nearly 50 bottles of bourbon to do a move kind of sucksā€¦..
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That's all? Those are rookie numbers.

rbell2915 said:
It's a lot better to sell off what you don't need or use and use that money to have a few high quality weapons instead.
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Everyone is different, wants different things and feels different ways. If I sold everything I didn't use I would only have about 3 Glocks. But that would be boring and wouldn't make me happy. If I sold everything and bought one Korth it wouldn't do anything for me, even though they're very nice. There is something fulfilling to me about knowing that I have something and could pull it out and look at it if I wanted.

The best thing to do is to know yourself and to do the things today that will make you happy tomorrow. If horse trading and dealing are what you like, then do that. Plenty of folks on this forum never own a gun for longer than a few months. Some of us have been through a purge phase where we throw everything away and won't shut up about how great it feels to clean up. Others like me are in a perpetual accumulation phase and nothing really makes me as happy as the acquisition of something new and interesting. Luckily I love Glocks, so they won't break the bank.

There is no one solution for everyone. Try to let everyone do what makes them happy and don't let other folks expectations mess with your enjoyment.
 
I
GoWolfpack said:
That's all? Those are rookie numbers.



Everyone is different, wants different things and feels different ways. If I sold everything I didn't use I would only have about 3 Glocks. But that would be boring and wouldn't make me happy. If I sold everything and bought one Korth it wouldn't do anything for me, even though they're very nice. There is something fulfilling to me about knowing that I have something and could pull it out and look at it if I wanted.

The best thing to do is to know yourself and to do the things today that will make you happy tomorrow. If horse trading and dealing are what you like, then do that. Plenty of folks on this forum never own a gun for longer than a few months. Some of us have been through a purge phase where we throw everything away and won't shut up about how great it feels to clean up. Others like me are in a perpetual accumulation phase and nothing really makes me as happy as the acquisition of something new and interesting. Luckily I love Glocks, so they won't break the bank.

There is no one solution for everyone. Try to let everyone do what makes them happy and don't let other folks expectations mess with your enjoyment.
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I would much rather invest my money into a nice rifle, pistol, optics, and body armor first than have 10 different low quality ARs with Sightmarks because I couldn't afford to put anything else on. That is what I was implying in the first place.
 
I was in the same boat a few years ago. I decided to sell everything that I wouldnā€™t shoot or havent shot in 2 months. Also sold off thousands of rds of ammo I have been hoarding for years. Iā€™m down to one safe and probably less than 10 total firearms. To each his own.
 
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Majicmike said:
I was in the same boat a few years ago. I decided to sell everything that I wouldnā€™t shoot or havent shot in 2 months. Also sold off thousands of rds of ammo I have been hoarding for years. Iā€™m down to one safe and probably less than 10 total firearms. To each his own.
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Wanna edit that?
 
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rbell2915 said:
I

I would much rather invest my money into a nice rifle, pistol, optics, and body armor first than have 10 different low quality ARs with Sightmarks because I couldn't afford to put anything else on. That is what I was implying in the first place.
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I know. And good for you. Enjoy your life your way.
 
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