Update on giving the bike away

[Patrick]

I've given the Valk to the Kid and he came to talk and look at it. He hasn't seen it for awhile since he moved to South California [ which he hates].
He just told me there is no room in the trailer this year for the bike.  53ft Husqvarna factory trailer.
I don't think I want the bike collecting dust for another year and I now have a feeling that he'll just sell it.
I did move the bike around yesterday without it falling over, so, maybe I'll try to start riding it.

[f6john]

Sounds like a good plan.

[Rams]

Or, someone (like myself) might volunteer to store and exercise it as a gesture of good hearted Valkyrie brotherhood.   Just a passing thought.   

[Jess from VA]

I've given the Valk to the Kid and he came to talk and look at it. He hasn't seen it for awhile since he moved to South California [ which he hates].
He just told me there is no room in the trailer this year for the bike.  53ft Husqvarna factory trailer.
I don't think I want the bike collecting dust for another year and I now have a feeling that he'll just sell it.
I did move the bike around yesterday without it falling over, so, maybe I'll try to start riding it.

Do what you want, but if he would just sell it for cash, you should just sell it for cash yourself.  If you then want to give him some or all the money, that is your business.

It is interesting in handing down things that mean something to you....to kin (close or distant), that the whole point is lost if that thing means nothing (but convertible cash) to them.
 
My firearm collection, long and lovingly pursued for a lifetime, is relatively meaningless to my small surviving immediate family.  And while not rich, they do not need the money.  I do not want to leave my firearms to anyone who would just sell them off for quick cash.  Family or not.

I did not just go out and buy a good working M1 Garand.  I did my homework, looked for a matching parts rifle, with stock cartouched from WWII and Korea, which was a military arsenal refurbish with perfect bbl and action from the early 60's.  It is a great historical piece, in perfect order, and shoots like a match rifle (with no NM parts at all).  That is how I have always approached collecting (short of buying new modern stuff, because I also wanted new modern stuff).  

I've got some years left yet, but the end is before me, and I have been contemplating the issue.

And save yourself the typing, I am not going to give them all to you guys.... though many on this forum are the type of 2d Amendment Men I would like to have them.

Monday musings.    

[Valker]

I've given the Valk to the Kid and he came to talk and look at it. He hasn't seen it for awhile since he moved to South California [ which he hates].
He just told me there is no room in the trailer this year for the bike.  53ft Husqvarna factory trailer.
I don't think I want the bike collecting dust for another year and I now have a feeling that he'll just sell it.
I did move the bike around yesterday without it falling over, so, maybe I'll try to start riding it.

Do what you want, but if he would just sell it for cash, you should just sell it for cash yourself.  If you then want to give him some or all the money, that is your business.

It is interesting in handing down things that mean something to you....to kin (close or distant), that the whole point is lost if that thing means nothing (but convertible cash) to them.
 
My firearm collection, long and lovingly pursued for a lifetime, is relatively meaningless to my small surviving immediate family.  And while not rich, they do not need the money.  I do not want to leave my firearms to anyone who would just sell them off for quick cash.  Family or not.

I did not just go out and buy a good working M1 Garand.  I did my homework, looked for a matching parts rifle, with stock cartouched from WWII and Korea, which was a military arsenal refurbish with perfect bbl and action from the early 60's.  It is a great historical piece, in perfect order, and shoots like a match rifle (with no NM parts at all).  That is how I have always approached collecting (short of buying new modern stuff, because I also wanted new modern stuff).  

I've got some years left yet, but the end is before me, and I have been contemplating the issue.

And save yourself the typing, I am not going to give them all to you guys.... though many on this forum are the type of 2d Amendment Men I would like to have them.

Monday musings.    

I believe that I'd call a firearms museum (NRA maybe) and ask about bequeathment (SP?) to the museum. That means you can deduct the full value from your taxes NOW, keep the firearms until you die, then they own them and will come get them.

[Jess from VA]

I actually thought about that Eric.  I live within a short drive to the NRA museum in NoVA, and have been there.  It is the finest collection in the world, and my stuff pales by comparison.  I have some nice stuff, but their stuff is like brand new off the line with serial no's 1,2,3 and 4.  

They'd likely sell my stuff as a lot and pocket the proceeds, like my family would.  And I'm already a lifetime contributor.





BTW, after I paid off my house and lost the deductions that go with a mortgage, last year on turbo tax, I couldn't even get enough deductions to warrant a long form.  The std deduction for single was more than I could itemize.  Then, if I claimed a really healthy value of my collection (as a charitable gift), the IRS would probably refuse/dispute it and audit me, and make me prove each firearm value.  I'd rather not go through anything like that.

Still, not a bad idea.  Helping the NRA is always a good thing.

  

[Valker]

Might look at small, local museums.

[JimC]

Do what you want, but if he would just sell it for cash, you should just sell it for cash yourself.  If you then want to give him some or all the money, that is your business.

It is interesting in handing down things that mean something to you....to kin (close or distant), that the whole point is lost if that thing means nothing (but convertible cash) to them.
 

[Oldfishguy]

I collect various antiques and find myself at estate sales, auctions, flea markets etc.  I am always shocked at what family heirlooms are for sale at reasonable prices. Sometimes people just need the money, but mostly family members just don't place value on a family heirloom.   

I hoard my families history; I'm not sure my children will though.

[Hook#3287]

I vote you take it for a ride when you feel up to it.

[The emperor has no clothes]

I vote you take it for a ride when you feel up to it.

+1, to expect our families to value and enjoy our bikes like we do is foolish. I know mine will sell them to the first person to come around with cash. Our passion for bikes and Valkyries in particular doesn't transfer to our offspring.

[Valker]

I vote you take it for a ride when you feel up to it.

Our passion for bikes and Valkyries in particular doesn't transfer to our offspring.

Sometimes it does. Four of my kids ride regularly. One is making payments to me on one of my Valks and another is doing the same on the ST1300 now. Bikes stay at my house and are used by me until 50% of the agreed price is paid. The titles stay in my name until 100% paid. Neither of these kids think that I WON'T repossess if even the last payment isn't made on time.

[The emperor has no clothes]

I vote you take it for a ride when you feel up to it.

Our passion for bikes and Valkyries in particular doesn't transfer to our offspring.

Sometimes it does. Four of my kids ride regularly. One is making payments to me on one of my Valks and another is doing the same on the ST1300 now. Bikes stay at my house and are used by me until 50% of the agreed price is paid. The titles stay in my name until 100% paid. Neither of these kids think that I WON'T repossess if even the last payment isn't made on time.

That is great. Might be my grandson shows an interest. Time will tell.

[Dave Ritsema]

I've given the Valk to the Kid and he came to talk and look at it. He hasn't seen it for awhile since he moved to South California [ which he hates].
He just told me there is no room in the trailer this year for the bike.  53ft Husqvarna factory trailer.
I don't think I want the bike collecting dust for another year and I now have a feeling that he'll just sell it.
I did move the bike around yesterday without it falling over, so, maybe I'll try to start riding it.

Do what you want, but if he would just sell it for cash, you should just sell it for cash yourself.  If you then want to give him some or all the money, that is your business.

It is interesting in handing down things that mean something to you....to kin (close or distant), that the whole point is lost if that thing means nothing (but convertible cash) to them.
 
My firearm collection, long and lovingly pursued for a lifetime, is relatively meaningless to my small surviving immediate family.  And while not rich, they do not need the money.  I do not want to leave my firearms to anyone who would just sell them off for quick cash.  Family or not.

I did not just go out and buy a good working M1 Garand.  I did my homework, looked for a matching parts rifle, with stock cartouched from WWII and Korea, which was a military arsenal refurbish with perfect bbl and action from the early 60's.  It is a great historical piece, in perfect order, and shoots like a match rifle (with no NM parts at all).  That is how I have always approached collecting (short of buying new modern stuff, because I also wanted new modern stuff).  

I've got some years left yet, but the end is before me, and I have been contemplating the issue.

And save yourself the typing, I am not going to give them all to you guys.... though many on this forum are the type of 2d Amendment Men I would like to have them.

Monday musings.    

I find myself in the same predicament as you, although I do hope to have at least three decades more of enjoyment from them.

I must confess my ignorance here. Would you please be so kind to explain what a cartouched stock is? I am unfamiliar with this term. Thanks!

[Jess from VA]

Would you please be so kind to explain what a cartouched stock is? I am unfamiliar with this term. Thanks!

Dave, as M1 Garands (and M1 Carbines) went through armorer inspection and refitting over the years, the stocks were cartouched (stamped) with the inspector's initials and usually a P for Passed inspection, and other things.

When shopping Garands (and Carbines), knowing (or better yet, having a printout in your shirt pocket at the gun show), can help you determine what you are looking at, and if the rifle was refitted during it's life (most or many were).  Of course the problem exists that a barreled action, trigger housing group, and upper hand guards can just just be dropped into some cartouched stock from another rifle. This is the case on my particular Garand; my stock went to WWII and Korea (and it shows), but was (military) arsenal refinished in the early 60's with a new barrel and action (the late serial number tells this).  So it's not all original (almost none are), but because it was done by a military ordinance department, it's still a good collector.  It's not the same thing as a parts gun put together in some guy's basement.

I cleaned up most of my old rifles with light sanding, steel wool, lifting dents, replacing a rusted butt plate, but gently so as not to remove the character of old wood finish, or cartouches stamped in the stocks.  You do not want it to look new (unless you add brand new walnut stocks and hand guards which are available).  And then multiple thin coats of boiled linseed oil (like original), not Tung or Varnish finishes.

http://www.trfindley.com/pgsnstmpsm1.html

http://www.trfindley.com/pgstkrest.html

https://www.americanrifleman.org/articles/2015/12/10/from-the-american-rifleman-archives-in-the-system-m1-garand-rebuilds/

https://www.youtube.com/watch?v=RRtKg9C6_to

http://forums.thecmp.org/showthread.php?t=5452

I also got the correct bayonet for each old rifle. And the buttstock cleaning kit and oiler.  I did not use original canvas sling on the Garand, but the more modern leather MRT (mildew resistant treated) sling (2d pic).




The Garand is probably my favorite rifle of all time.  It would not be my go-to rifle in a major dustup (I like 30 rd mags for that) but you would never be poorly served with a Garand (with a pile of loaded 8-rd en block clips).



My WWII AFH (American Fork & Hoe) bayonet (on right).