Your Accumulation of Ammo & Firearms

[Veteran]

You do need a conscious and intentional plan, because leaving all of your stuff to the estate, your wife, (even if she is a shooter)
can be a huge burden and unfair to whomever comes behind, because they have no idea sometimes of value or cost, and going through all the minutia can be a too much for them. Even if you do have children, sometimes, they have different values or hobbies and just don't care. The best thing to do is manage an inventory reduction yourself intentionally so you know that the process is managed well and just leave cash, a home, or a car or land to your estate. Something they can manage.

 

[762x51]

Just a question to all out there.
I think that most of us have an accumulation of Ammo, reloading components and Firearms especially since the environment we have had for the past years.
If you are getting older and getting out of the game and have tens of thousands of Factory ammo, Brass, Bullets, hundreds of #s of powder, recent state of art reloading equipment, and rifle components (barrels/actions/stocks) and have no one to pass on in the family -how do you sell it?

you get on LRH and post a FREE ad in the classifieds.

if i wanted money, i'd get a table at a gunshow and sell off everything i could. i have a few toys that a police department could probably use, so i might donate them if they were willing.

 

[Carlos88]

Just about any shooting accoutrement will bring high sky prices at a gunshow.

 

[Coyote Shadow Tracker]

I see no one asked so I will. Are you really getting out?

Carlos
No I am not getting out just looking for the future. I want to have another 10-12 years for chambering and cerakoting and Jill has a lot more years than me. When I do get out I want everything gone with the exception of some hunting rifles, pistols and personal defense. Want to have the money for Jill. I know that the inventory now is more then $50k and less than $100k so in the years to come should increase. We don't have any children or relatives that would use the type of hunting /competition firearms, reloading equipment and the chambering/cerakote business.
I wish I was 40 years younger. Darn if I only had this equipment and knowledge when I was in my early 20s!
By the way how is MOTO doing? We hope that he got better.
Thanks
Len & Jill

 

[Carlos88]

Thank goodness. I'm in your position although both of my "boys" hunt and fish some. I'll leave them a couple of rifles, some hand guns and my ARs. Moto is hanging on. The vet said it's not time yet (thankfully).

Best to you and Jill.

 

[Ken61]

Gunstore consignment is a good way

 

[Coyote Shadow Tracker]

Thank goodness. I'm in your position although both of my "boys" hunt and fish some. I'll leave them a couple of rifles, some hand guns and my ARs. Moto is hanging on. The vet said it's not time yet (thankfully).

Best to you and Jill.

Jill and I are glad to hear the MOTO is still hanging in, wish that he stays healthy, no pain, and lives long.
From everything I see with your posts is that you have a fine collection of firearms and you have some nice ARs. We need to talk some time soon.
Thanks
Len

 

[Carlos88]

Jill and I are glad to hear the MOTO is still hanging in, wish that he stays healthy, no pain, and lives long.
From everything I see with your posts is that you have a fine collection of firearms and you have some nice ARs. We need to talk some time soon.
Thanks
Len

That would be great.

 

[Reelamin]

Does a fully functioning action , have to go through a FFL.
Thanks

Depends on your state laws. Most states west of the Mississippi it's no. Californication is the biggest cluster fart even the 5th gen residents can't keep up on what they are "legally" supposed to do. Not federally required

 

[cornshank]

Depends on your state laws. Most states west of the Mississippi it's no. Californication is the biggest cluster fart even the 5th gen residents can't keep up on what they are "legally" supposed to do. Not federally required

Hey , no lie man , thanks for the reply.

 

[brian11]

Best bet, and what I plan to do and it's in my will, is to contact a gun auction house and have them take everything. The best one for that in the USA that I've found is right here in NH. Amoskeag Auction Company. The really great thing about Amoskeag is that they will not only sell your guns, they will also sell all the other stuff - ammo, components, reloading, parts, accessories, etc.
Amoskeag is on a par with Rock Island Auction Co as far as national reach. The problem with RIAC is that they only sell the guns and they won't sell any lot for less than about $2000 (used to be about $1000). If your gun is worth less than $2000, RIAC will just bundle it up with a bunch of other guns until the estimate reaches $2000 for the lot. RIAC's descriptions and pictures are also nowhere near as good and thorough as Amoskeag's.

You get less money this way, but it's no effort, either for yourself when you're too old to use any of it any more, or especially for your heirs when you're gone.

BTW, I also plan to have the proceeds donated to GOA and maybe some to NRA if they get rid of *** LaPierre by then.

 

[Coyote Shadow Tracker]

Does a fully functioning action , have to go through a FFL.
Thanks

Cornshank:
Any action by it's self could be perceived as a "Pistol", because an action can be mounted on a rifle or pistol. If you are doing a in person transaction it would be just like selling a rifle or pistol. If you are sending the "Action" through the mail interstate you would need to at the least ship it to an FFL holder and the person buying it would need to fill out a 4473 from that FFL dealer.
I have a FFL and have had individuals send actions to me directly without first going to a FFL Holder to send to me ( a FFL Holder).
I am not advising you to ship with or without a FFL on the other end. You should check with the ATF for the legal way to ship, purchase, sell any Action. Pistol, Rifle, Firearm.
You can go to the ATF website in Q&A.
If you are selling look up the regs so you don't end up in trouble. Shipping of Firearms across State lines is a sever penalty if not done properly.
Here is the regulation from the Federal Firearms Reference Guide, ATF F 5300.4. and a question with answer from the FAQ's section.
The way the Regs are written makes you have many more questions. I have a dedicated ATF Agent for my FFL. If you need more info PM me and I will contact the ATF Agent for specifics.


§ 478.147 Return of firearm.

A person not otherwise prohibited by Federal, State or local law may ship a firearm to a licensed importer, licensed manufacturer, or licensed dealer for any lawful purpose, and, notwithstanding any other provision of this part, the licensed manufacturer, licensed importer, or licensed dealer may return in interstate or foreign commerce to that person the firearm or a replacement firearm of the same kind and type.

May a nonlicensee ship a firearm by common or contract carrier?

A nonlicensee may ship a firearm by a common or contract carrier to a resident of his or her or her own State or to a licensee in any State. A common or contract carrier must be used to ship a handgun. In addition, Federal law requires that the carrier be notified that the shipment contains a firearm or ammunition, prohibits common or contract carriers from requiring or causing any label to be placed on any package indicating that it contains a firearm and requires obtaining written acknowledgement of receipt.

[18 U.S.C. 922(a)(2)(A), 922(a)(5), 922(e) and (f); 27 CFR 478.30 and 478.31]

Thnaks
Len

 

[brian11]

Part of your action plan would also depend on the volume. A handful of guns can be unloaded through various means - local auctions, online auction sites, gun shows, forum classifieds, give to deserving heirs or non-heirs, etc. If you have, say, 500 or 1000 guns or more, and an equivalent volume of all the other stuff that goes with it, you're going to need a higher volume solution. Even if you pay an auction house (that specializes in guns) a substantial commission, you or your estate might net more than if it all gets dumped onto an heir who knows nothing about most of it, especially if you have any stuff that's special or of particular value.

 

[cornshank]

Cornshank:
Any action by it's self could be perceived as a "Pistol", because an action can be mounted on a rifle or pistol. If you are doing a in person transaction it would be just like selling a rifle or pistol. If you are sending the "Action" through the mail interstate you would need to at the least ship it to an FFL holder and the person buying it would need to fill out a 4473 from that FFL dealer.
I have a FFL and have had individuals send actions to me directly without first going to a FFL Holder to send to me ( a FFL Holder).
I am not advising you to ship with or without a FFL on the other end. You should check with the ATF for the legal way to ship, purchase, sell any Action. Pistol, Rifle, Firearm.
You can go to the ATF website in Q&A.
If you are selling look up the regs so you don't end up in trouble. Shipping of Firearms across State lines is a sever penalty if not done properly.
Here is the regulation from the Federal Firearms Reference Guide, ATF F 5300.4. and a question with answer from the FAQ's section.
The way the Regs are written makes you have many more questions. I have a dedicated ATF Agent for my FFL. If you need more info PM me and I will contact the ATF Agent for specifics.


§ 478.147 Return of firearm.

A person not otherwise prohibited by Federal, State or local law may ship a firearm to a licensed importer, licensed manufacturer, or licensed dealer for any lawful purpose, and, notwithstanding any other provision of this part, the licensed manufacturer, licensed importer, or licensed dealer may return in interstate or foreign commerce to that person the firearm or a replacement firearm of the same kind and type.

May a nonlicensee ship a firearm by common or contract carrier?

A nonlicensee may ship a firearm by a common or contract carrier to a resident of his or her or her own State or to a licensee in any State. A common or contract carrier must be used to ship a handgun. In addition, Federal law requires that the carrier be notified that the shipment contains a firearm or ammunition, prohibits common or contract carriers from requiring or causing any label to be placed on any package indicating that it contains a firearm and requires obtaining written acknowledgement of receipt.

[18 U.S.C. 922(a)(2)(A), 922(a)(5), 922(e) and (f); 27 CFR 478.30 and 478.31]

Thnaks
Len

Thanks for the info! It will keep me out of trouble .