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Very Hot Topic (More than 25 Replies) collecting future (Read 12642 times)
KAF
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Re: collecting future
Reply #120 - Dec 7th, 2018 at 4:15pm
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New contact for membership:

7920 36th St  S
Scotts MI 49088-9302

m.gibbs@att.net


Not sure when the form online will be updated.
  

Keith L 3240
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Ballard6
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Re: collecting future
Reply #121 - Dec 7th, 2018 at 8:03pm
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Wow !!  I didn't know when I started this question there would be such a great response with varied opinions.  Very much appreciate each reply.  Just finished looking at prices realized for recent Rock Island auction and see where several single shots went for great prices.  This shows in my opinion that quality guns still demand high prices.  Merry Christmas and hope every has a great New Year.  Remember next year will be brand new and ain't been used by nobody !!
  
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Rebel
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Re: collecting future
Reply #122 - Dec 7th, 2018 at 8:09pm
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Reading the responses to this thread, there seems to be a disparity in pricing between prices paid in auctions to those in some gun stores and shows.

Aaron
  

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BP
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Re: collecting future
Reply #123 - Dec 7th, 2018 at 9:05pm
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Aaron,

I think we've all seen some stores and shows attempt to apply auction house prices to their "wares" (often of far lesser quality and condition), only to have those items sit for extended periods of time, until the owner finally decides that that item is actually only worth what the individual standing in front of them is actually willing to pay for it.     Wink
  

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marlinguy
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Re: collecting future
Reply #124 - Dec 7th, 2018 at 11:12pm
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Excellent topic, and great replies by Aaron and BP as it pertains to auction houses and LGS or gun shows.

It's impossible to compare prices realized at auction houses with their huge combined audience of online bidders, and bidders at the auction. Compare that to even a big show that gets several thousand people through the door, and it's minuscule. Plus the fact that often the LGS or gun show wont see those prices because often if a gun is a good value there it's gone before many people see it. So you wont see a bunch of people standing at a table at a gun show tossing out bids to buy a gun. They simply negotiate a deal and buy it. There's no negotiations at a big auction.
And then there's the two guys with more money than knowledge. Or two guys with a burning desire to own a particular gun. These factors can drive up auction prices, where they would never go at a gun show. In fact I've often seen someone standing at a table waiting for the prospective buyer to make a deal, or walk; so he could step up if things went south. Been there myself, and missed a gun because the deal went through, or got a gun because the previous buyer walked away. That doesn't happen at auctions.
  

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Ballard6
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Re: collecting future
Reply #125 - Dec 8th, 2018 at 7:39am
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The ones which sold at the highest prices were of fine condition , ones you don't see at the average gun show unless you know in advance a dealer who will bring the great ones for your consideration. One dealer in PA has done this for me and he has quality guns.
  
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Old Soldier
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Re: collecting future
Reply #126 - Dec 22nd, 2018 at 10:44pm
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We don't own our guns, we're only caretakers of them. If you have some that you're worried about what will happen to them when you die, give them to a worthy caretaker, preferably one much younger than you.
My Son wants my meager collection of guns, and has the right attitude, so I'm fortunate.
I keep a book for my Son. He is a fine young man, and pays attention to what I tell him, but even so I keep a book. It explains the importance of the gun, what I paid for it when, and what it is worth today. The importance of the gun may go something like: This is a pre 64 Model 70 in 30-06. It doesn't look like much but is highly desirable because it is a pre-64. Also because with this load...it will shoot 1/2 minute 5 shot groups. Or, this beat up Remington pump .22 was my Grandfather's. It's dollar value is about $50. If you ever sell it, I'll haunt you. Or I bought this rifle to resell it's 2018 value is $700. You get the idea.
Even though my Son will value and care take our guns I have given more than a few away. Find a kid, teach them to shoot, then buy or gift them a gun. That's the best way to pass it on. Start a new gun nut.
  

"White man have very strong Medicine. Shoot today maybeso kill you tomorrow." Esa-Tai Commanche warrior
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marlinguy
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Re: collecting future
Reply #127 - Dec 23rd, 2018 at 12:08pm
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Old Soldier brings up a good point that I need to quit putting off. I have some well documented guns in my collection, and spent time putting the history together for them. But I really need to do some write up for each gun in my collection and put the information away so it is discovered after I'm gone.
Right now I simply have a hand written list of serial numbers, and brief descriptions, with a note of what I paid for them. I need to expand that to include whatever accessories go with the guns, and more detailed information on the guns. Not necessarily for my family, but for whoever ends up with the guns, so they don't have to repeat the same process I had to do.
  

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Reverend Al
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Re: collecting future
Reply #128 - Dec 23rd, 2018 at 12:37pm
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I've gone a bit further than you, but still have a long way to go.  Several years ago I created an Excel file and have a list of all my current guns c/w serial numbers, what I paid for them, and what I feel is a current fair market value.  I edit the list when I buy a new (old) gun or sell a gun and try to keep the prices updated too.  I need to add notes on the various moulds, dies, and components that should stay with  each gun.  (All of this is for my wife's benefit of course, "just in case"..)  I'm thinking it might pay to draft an individual Word document for each gun with all of the extra info including accuracy loads, slugged bore size, etc.

Now if I could only find the energy to do all of that ...

Roll Eyes
  

I may have passed my "Best Before" date, but I haven't quite reached my "Expiry" date yet ...
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Rebel
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Re: collecting future
Reply #129 - Dec 23rd, 2018 at 3:51pm
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I need to expand that to include whatever accessories go with the guns, and more detailed information on the guns.

Might be a good idea to take good pics of what goes where.

Aaron
  

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Reverend Al
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Re: collecting future
Reply #130 - Dec 23rd, 2018 at 6:33pm
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Good idea since photos can easily be added to Word documents ...
« Last Edit: Dec 26th, 2018 at 10:58am by Reverend Al »  

I may have passed my "Best Before" date, but I haven't quite reached my "Expiry" date yet ...
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JWDreamstone
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Re: collecting future
Reply #131 - Dec 23rd, 2018 at 10:12pm
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The collectors market is totally dead for antique and sporting rifles. It it has any sort of wood on it no one is interested.  i go to a lot of shows in The northeast. .No interest . it is Just a days outing.  Most Buyers are From out of Country. some people are buying But they have to be Cheap, Cheap
  
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Re: collecting future
Reply #132 - Dec 23rd, 2018 at 11:48pm
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The collectors market is totally dead for antique and sporting rifles.

Watch the big auctions, they sell for big bucks.
Still looking for that $1500 Pope.

Aaron
  

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Zack T
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Re: collecting future
Reply #133 - Dec 24th, 2018 at 12:17pm
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Really top condition, rare and/or historic guns still get good money. The stuff I follow- sharps sporting rifles, plains rifles, old west junk- down 30-50%. I see guns bought at auction in 06-07 selling now for half- same gun same auction. A great Dimick marked plains rifle just sold at Amoskeag in the low 2s and would have been7-8k 10 years ago.
  
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bohemianway
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Re: collecting future
Reply #134 - Dec 24th, 2018 at 12:48pm
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Yep, I would be a wealthy man if I had left money in investments and not bought single shots. Oh well, can't take either with you.
  
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