Handguns Worth Now
- Thread starter popcans
- Start date
You talk as if this is the absolute end. There are people who bought apple stock in the late 1990s when it was under $1 per share and the prediction was that the company would fold.
No there is no value lost yet. the $4000 and that attitude, won’t even get you to join me at the range to watch me shoot them.
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For a $4000 gun the market value hasn’t changed much. Quality guns get good money in the US and the current exchange rate more than covers the export fees. Top-tier 1911’s, BHP’s, less common HK’s, nice revolvers, etc have no problem selling in the US, sometimes at a premium even.
If you have common plastic guns/service pistols then the legal monetary value is near $0.
If you have common plastic guns/service pistols then the legal monetary value is near $0.
Same as anything, they look at purchase price less depreciation.
You get money but cannot replace them -- at least with the current government.
I'm going to state in my will that handguns are sold to dealers who can export the expensive ones and sell parts off the rest.
That should be a question for your insurance agent.
freddyfour
CGN Ultra frequent flyer
- Location
- Brant County, Ontario
Lol
I agree with most of the posters posting on this thread that there is no value that can be placed on a gun that can't be replaced. Once you have lost it you can never have it replaced. So, it comes to this conclusion that it is priceless, because you can't have another one just like it, " It's like a Vincent van Gogh painting once it is destroyed you will never see another like it again, lost in time.
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If your a collector for the love of your collection enjoy! Shame you are unable to
Continue your passion at this time!
If your a buyer that only sees $money$ In obtaining and up selling for the $
I hope you got screwed ! Hint they were jumping out of windows at one time.
Continue your passion at this time!
If your a buyer that only sees $money$ In obtaining and up selling for the $
I hope you got screwed ! Hint they were jumping out of windows at one time.
Absolutely ####ing nothing. If it's stolen your insurance company won't cover it. Can't insure something with no intrinsic value. However, legally, the OIC, if it is not signed into law by the Governor General before the next election, becomes null and void. Or another government can always change the law. So your choice is are you willing to wait or are you going to sell them on the black market? If you do sell them make sure you go through all the steps to thoroughly remove the serial numbers. Otherwise, if they're used in a crime and discovered you're toast. The choice is yours.
Has anyone flown this one up the CRA flagpole , as a possibility?
Claiming a ‘financial’ loss of value for something that is still registered in your name and still possessed by you won’t wash.
Also sounds like a way to make a buyback super cheap. "It says here on your tax form your pistols are worth $5 in scrap metal"
