SENDING MY COLLECTION TO AUCTION - Parker Gun Collectors Association Forums

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SENDING MY COLLECTION TO AUCTION

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08-17-2017, 09:26 AM

#10

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Kensal Rise PGCA Member

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Join Date: Sep 2011 Posts: 1,774 Thanks: 638 Thanked 2,598 Times in 931 Posts

For the generous of heart, there could be another option to the auction house.

The PGCA is a 501(c) 7 organization (thanks Allan). Thus, donations to the PGCA should be tax deductible and can be valued at present retail prices.

So... if one were to "donate" a Parker gun to the PGCA (for raffle/youth incentive, etc.) then the donor could potentially realize the gun's current value as a credit against his or her taxes.

Got a $1500 VHE that you're not sure will fetch $1500 at auction? Donate it. And write off $1500.

I could be wrong about this, but I'm just tossing it out there.

The Following User Says Thank You to John Campbell For Your Post:

George Lander

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