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NAT’L – GUN NEWS – Collectible weapons: How to protect your wealth – and your family – with valuable guns

It’s an unusual means of investment, but one that we think will appeal to our readers on a deep level: collectible weapons. There are a number of advantages to investing in collectible weapons that will appeal both to those who love weapons and those who keep an eye on their money. Indeed, this is a popular investment category for people who like something a little more durable than stocks, bonds and cryptocurrency. They can also provide protection during uncertain times. Antique weapons in particular can be an attractive means of investing – after all, like land, they’re not making any more. Like any antique investment, it helps to have an eye for the material at hand. You’ll have to be able to appraise both the current condition of the weapon and have some idea of how its value might appreciate in the future. The good news is that firearms made before 1899 are not covered by federal firearms laws, though they might be regulated by your state. This also means that, even in the event that Joe Biden is installed as President and the Senate goes Democratic, that barring a sweeping change in firearms law – certainly not out of the question, but also not very likely – no background check will be required to buy or sell your antique firearms made before 1899, which are covered by a special carveout under federal firearms law. What’s more, there are a number of weapons on a special ATF list that are not subject to the same background check laws as other firearms. This includes guns like the World War I-era US Military Colt 1911 Pistol .45. These are historically significant firearms that are at least 50 years old – but note that “50 years old” now goes up to the end of the 1960s. With sweeping firearms bans potentially coming down the pike, firearms not subject even to the old rules might well skyrocket in value as other avenues of self defense are closed off.  [full article]

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