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Author Topic: Keep a safe queen or sell???  (Read 8867 times)

Offline Colin

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Keep a safe queen or sell???
« on: July 27, 2017, 05:27:47 AM »
So my father in law passed a few years ago and left me his remaining gun collection from his pawn shop days. One of which is a beretta S05 O/U. It has sat in the safe these past few years and I'm considering selling thru a broker or the like as it is worth 10k to 15k maybe more?

The dilemma is I'll never buy another gun of this quality and I don't feel comfortable taking this type of gun into the field as I only waterfowl. If i were to sell I'd squirel half of it away for my daughters college fund and give the other half to my niece for her college fund.

Should I sell or keep it in the family as an heirloom to be passed down?

Thoughts???

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Offline JakeLand

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Re: Keep a safe queen or sell???
« Reply #1 on: July 27, 2017, 05:56:54 AM »
Money comes and goes  :dunno: heirlooms of quality dont

Offline Curly

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Re: Keep a safe queen or sell???
« Reply #2 on: July 27, 2017, 06:16:02 AM »
I bet your FIL would be pleased with what you are planning to do with it. Sounds like a better use of the gun than just sitting in the safe. :twocents:
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Offline Colin

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Re: Keep a safe queen or sell???
« Reply #3 on: July 27, 2017, 06:19:46 AM »
I initially had the same thought but then I used an interest calculator and if I put 7.5k in my kids early savers account 7.5k turns into 22.7k in 18 years... that's a lot dough!

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Offline Fl0und3rz

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Re: Keep a safe queen or sell???
« Reply #4 on: July 27, 2017, 06:25:14 AM »
I bet your FIL would be pleased with what you are planning to do with it. Sounds like a better use of the gun than just sitting in the safe. :twocents:

:yeah:  I know I would if I were him.  Sorry for your loss.

Offline Colin

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Re: Keep a safe queen or sell???
« Reply #5 on: July 27, 2017, 07:16:00 AM »
I initially had the same thought but then I used an interest calculator and if I put 7.5k in my kids early savers account 7.5k turns into 22.7k in 18 years... that's a lot dough!

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Uhh did something wrong there I think it's close to 10k after 18 years. Regardless it's hard to let go such a nice piece.

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Offline boneaddict

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Re: Keep a safe queen or sell???
« Reply #6 on: July 27, 2017, 07:25:53 AM »
Since it's not a gun that you guys have created memories with and seems more like an investment gun, I think you are on the right track.   Other than that, I'd hesitate selling an heirloom

Offline Timberstalker

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Re: Keep a safe queen or sell???
« Reply #7 on: July 27, 2017, 07:45:31 AM »
I misread this initially; I thought these were you father's guns, now I see they are actually your FIL's.  I'd sell them.

Only kidding, kind of.

It seems like your intent (College funds) is solid, so that seems justifiable.  Still would be hard for me to sell a heirloom, though.
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Offline Angry Perch

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Re: Keep a safe queen or sell???
« Reply #8 on: July 27, 2017, 11:44:27 AM »
Since it's not a gun that you guys have created memories with and seems more like an investment gun, I think you are on the right track.   Other than that, I'd hesitate selling an heirloom

I agree. If there's no story or connection, it's just a wad of cash in the form of a gun. 
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Offline Firedogg

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Re: Keep a safe queen or sell???
« Reply #9 on: July 27, 2017, 12:21:53 PM »
sell it and get a good start on the college savings. I agree since there is no emotional connection or real memories associated with it since it came from the FIL's pawn shop take your time and get the best price you can from it. Maybe use a small chunk from it to use for a new shotgun you will use to start your own memories with.
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Offline dscubame

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Re: Keep a safe queen or sell???
« Reply #10 on: July 27, 2017, 01:19:30 PM »
If you had 15k laying around would you take that 15k and spend it on buying this gun from your FL's estate?
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Offline Alchase

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Re: Keep a safe queen or sell???
« Reply #11 on: July 27, 2017, 03:03:11 PM »
If looking to start a collage fund, I would take a close look at a good Mutual fund account instead of a locked in "collage only fund". you would probably make a much better return, and if life throws you a curve, and your hild does not go to collage for one reason or another, you have options.
Just saying

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The American Soldier and Jesus Christ. One died for your freedom, the other for your soul.

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He trains my hands for war and my fingers for battle.
Psalm 144.1

Offline yorketransport

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Re: Keep a safe queen or sell???
« Reply #12 on: July 27, 2017, 08:21:58 PM »
Sell it and use the money for whatever you want; college, cars, cocaine, midget stripper jousters.....

Material things are material things and shouldn't have have an unquantifiable value assigned to them.  :twocents:

Offline h20hunter

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Re: Keep a safe queen or sell???
« Reply #13 on: July 27, 2017, 08:26:09 PM »
Sell it. You FIL would then in turn be providing further....use your half on whatever floats your boat....go on that dream hunt.

Offline kentrek

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Re: Keep a safe queen or sell???
« Reply #14 on: July 27, 2017, 09:02:49 PM »
What's the gun going to be worth in 18 years ?  :dunno:

 


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