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Old December 30, 2012, 01:57 AM   #11
johnwilliamson062
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Join Date: May 16, 2008
Posts: 6,824
Quote:
You would be buying those rifles with the INTENT of re-selling them for a profit, from the git go
So, what do you think if I do not profit?

Quote:
Nor are you required to give or keep paper receipts (beyond the entry in your book) for firearms you transfer in or out of your collection.
Most of the transactions I carry out are by e-mail and text. It wouldn't be too hard to put most of it together. I don't intentionally keep information beyond what is required, but it is mostly available anyways.

Quote:
INTENT of re-selling them for a profit, from the git go...
Not really. I have purchased multiple surplus guns before when I only really wanted one. There is a huge level of variance between examples when buying surplus from a place like J&G, Samco, SOG, etc. Even with hand pick selected. For instance I bought several 7.62 Nagant pistols and only liked one of them. In that case I held onto the others until I liquidated my collection in 2010(leaving country for work). The "good" one I had I sold for $150, one for $100, and the other I had a REALLY time getting rid of for $50. The first two to the same person who knew a decent amount about them and refused the third. The third to someone who just thought they looked funny. Bought from same source with same quality selection.

So, I had $150 tied up into two guns that I could have better spent on something else, or maybe only $50 as the mid condition one made a good shooter. Not to mention room in the safe which is a greater concern for rifles.

When I had my license before I bought about one decent $400+ gun a year and 3-4 of whatever happened to flood the country that year. On the more expensive guns this wasn't a concern b/c I was usually buying a specific rifle I handled or at least saw photos of before purchasing. The 3-4 that were cheap I had little to no idea what I would get. Buying a few makes sense from a collection standpoint if I don't get stuck with the ones that don't meet the condition I don't like.

When I get my license the first thing I buy will probably be an M95. I won't buy just one though. I will likely buy 3-4. Hopefully one or two will be the condition I want from a collection standpoint(at least for this rifle at this point). What do I do with the others? I am looking into re-chambering one in a common caliber so I have one I can take to the range and let people shoot, but what to do if one or two are left? Of course, if all four show up in great condition, I would throw them all in the back of the safe. If I buy one at a time my cost will go up about 25%. More when dealing with handguns.

M1922 Springfield, BTW.
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Last edited by johnwilliamson062; December 30, 2012 at 02:11 AM.
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