Posted: 10/26/2013 10:00:41 AM EDT
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Bought a Colt 6920 MagPul at WalMart just for the hell of it, was thinking about ripping it apart, getting it professionally cerakoted and loading it down with shit I will more then likely never need.
Would it be better long term value wise to allow this rifle to collect dust in its current configuration or customize it? |
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OP - I Bought one a couple months back for 1100 bucks OTD.
I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. |
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer |
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In the eyes of the BATFE that would classify you as an unlicensed dealer Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? |
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Would it? Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. |
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The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. That's how I understand it also, and in his post he said he bought the gun for that reason. |
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. But you've shot it a few times I'm sure 
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The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. It's a grey area large enough to drive a truck through (which is on purpose). Find the ATF definition of a dealer. Is there any difference between this and buying a new Colt SAA as an investment? Both are bought with the intention of (non immediate) monetary gains in the future. |
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It's a grey area large enough to drive a truck through (which is on purpose). Find the ATF definition of a dealer. Is there any difference between this and buying a new Colt SAA as an investment? Both are bought with the intention of (non immediate) monetary gains in the future. Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. It's a grey area large enough to drive a truck through (which is on purpose). Find the ATF definition of a dealer. Is there any difference between this and buying a new Colt SAA as an investment? Both are bought with the intention of (non immediate) monetary gains in the future. Exactly. Literally nobody (in power to do anything about it) gives two shits if you buy a few guns to leave in your safe to sell later. |
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That's how I understand it also, and in his post he said he bought the gun for that reason. Quoted:
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OP - I Bought one a couple months back for 1100 bucks OTD. I am holding on to it, the box, all of the pubs that came with it, and the still packaged PMAG until some douche sends everyone on a frenzy again. Then I'm going to double or maybe even triple my investment. In the eyes of the BATFE that would classify you as an unlicensed dealer Would it? The way I understand it, if you purchase it with the sole intent of resale, you are dealing in firearms without a license. That's how I understand it also, and in his post he said he bought the gun for that reason. Re read my post, I sure didn't say that. It wasn't until I got home that I decided I would hold on to it and re sell it, possibly, in the future. At the time of purchase, the intent was to purchase a nice Colt Carbine for a reasonable price. 
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Make sure you keep the box. Colt boxes are the most valuable pieces of cardboard in the world. Don't forget the birth bag 
OP-keep the original box, birth bag, and the plastic bag with the mags, cleaning kit, manual etc. You can see when your rifle was made by looking on the birth bag: 
If you aren't going to keep the rifle NIB, it will hold its value better if it is revertible back to stock. A couple years ago my local FFL was blowing them out for a little over a grand, so I tried to buy two per month whenever possible. While I didn't buy them for investment purposes, I now that have...plenty...of them. 
With only a few exceptions, most of my rifles (Colt or otherwise) are revertible back to stock. 
You get the idea... |