Jim McLoud's (JLM) MG Collection to Auction Starting 2.26.26

[jrh]

“A sad but necessary announcement: As of yesterday, the museum is closed. After long and thoughtful consideration, Many will remember Jim from the old Subgun board.  And the load of MAC's and Vector Uzi's that Jim sold.

I understand this will be done in 2 separate auctions and is somewhere around 300 pieces total.

“A sad but necessary announcement: As of yesterday, the museum is closed. After long and thoughtful consideration, my wife & I decided that it was time. I’ve been to many houses where the husband or wife has passed away, only to leave a lasting mess of the estate. Things get lost from those estates, stolen, or the history is lost forever. At 66 years old, I didn’t want that happening in the future to what I’ve worked so hard for. We have contracted what I feel is the very best place to dispose of these historical items. The space where the museum is will be used for something to enhance the store itself. Hundreds of machine guns will find great forever homes , as well as some artifacts that will be donated to other museums.

This will not impact the store itself. We will be bigger and stronger than ever.

Poulin Auction Company in Fairfield, Maine will be premiering a lot of our items in the February & August auctions. Poulin, and its owner Nick, was chosen for their honesty, integrity & proximity to Hooksett. Poulin Auction Company is in my opinion one of the top in that business with a great nationwide reach.

I thank each & everyone of you that have taken the time to visit our little museum, and the thousands that complimented it. My passion has always been the Hero’s that fought for our freedom with those tools, and the capture of some of those weapons from evil.”

“Thank you all very much!”

– Jim & Carey McLoud

https://www.poulinauctions.com/shooters-outpost-museum/

& I decided that it was time. I’ve been to many houses where the husband or wife has passed away, only to leave a lasting mess of the estate. Things get lost from those estates, stolen, or the history is lost forever. At 66 years old, I didn’t want that happening in the future to what I’ve worked so hard for. We have contracted what I feel is the very best place to dispose of these historical items. The space where the museum is will be used for something to enhance the store itself. Hundreds of machine guns will find great forever homes , as well as some artifacts that will be donated to other museums.

This will not impact the store itself. We will be bigger and stronger than ever.

Poulin Auction Company in Fairfield, Maine will be premiering a lot of our items in the February & August auctions. Poulin, and its owner Nick, was chosen for their honesty, integrity & proximity to Hooksett. Poulin Auction Company is in my opinion one of the top in that business with a great nationwide reach.

 I thank each & everyone of you that have taken the time to visit our little museum, and the thousands that complimented it. My passion has always been the Hero’s that fought for our freedom with those tools, and the capture of some of those weapons from evil.” 

“Thank you all very much!” 

–  Jim & Carey McLoud

[johnsonlmg41]

I recall 5 NIB Vector Uzi's for $10,000.....those were the days!!!  Hindsight!

He had some hilarious posts on subguns back in the wild west days of the net when this was all pretty new.  

[Chef]

Something to remember for all you folks out there who, when thinking about the disposition of your collections, entertain the thought of "donating" anything to a "museum". 
Museums close, and directions change. And then the owner of the museum profits from selling off your donations.
I hear a lot of people talk about donating because they have this idea that their collectable item(s) will be on display for everyone to see for all eternity, and that's never the case.
All you are doing when donating to a museum is gifting your stuff to someone else to profit off of.
Best thing you can do is simply sell your collections yourself.

[Uncle Zeek]

21 hours ago, jrh said:

I’ve been to many houses where the husband or wife has passed away, only to leave a lasting mess of the estate. Things get lost from those estates, stolen, or the history is lost forever.

 

6 hours ago, Chef said:

Best thing you can do is simply sell your collections yourself.

Yes, sell, or gift to the persons you want the guns to go to while you're both still alive.   Have gone through similar discussions with some clients who have put their guns into an NFA trust.  In one case, I told the client to make his named beneficiary a trustee and give him possession of the machinegun NOW rather than hope that his family would actually hand it over (I was of the opinion that his wife & kid would just turn the gun over to police when he died).

[Frank I]

7 hours ago, Chef said:

Something to remember for all you folks out there who, when thinking about the disposition of your collections, entertain the thought of "donating" anything to a "museum". 
Museums close, and directions change. And then the owner of the museum profits from selling off your donations.
I hear a lot of people talk about donating because they have this idea that their collectable item(s) will be on display for everyone to see for all eternity, and that's never the case.
All you are doing when donating to a museum is gifting your stuff to someone else to profit off of.
Best thing you can do is simply sell your collections yourself.

I remember reading an article about the (infamous) Curtis Earl when he wanted to donate some of his collection to a museum. They all told him they had the option of selling off any duplicates or items that were not deemed suitable for the museum's displays. He finally found a museum in Idaho that would agree to his terms. His collection is at the old  Idaho Penitentiary near Boise, Idaho. The prison itself is an interesting attraction; life was rough in there  

 

https://smallarmsreview.com/the-j-curtis-earl-exhibit/

 

[Chef]

18 hours ago, Frank I said:

I remember reading an article about the (infamous) Curtis Earl when he wanted to donate some of his collection to a museum. They all told him they had the option of selling off any duplicates or items that were not deemed suitable for the museum's displays. He finally found a museum in Idaho that would agree to his terms. His collection is at the old  Idaho Penitentiary near Boise, Idaho. The prison itself is an interesting attraction; life was rough in there  

 

https://smallarmsreview.com/the-j-curtis-earl-exhibit/

 

I have to wonder how one can enforce the terms of a contract after you have passed. It would have to be a very complex, carefully worded contract to be binding after death, not to mention who will take on the responsibility of checking to see that the conditions are being upheld?
 

[Bill in Bama]

On 12/23/2025 at 4:00 AM, Chef said:

I have to wonder how one can enforce the terms of a contract after you have passed. It would have to be a very complex, carefully worded contract to be binding after death, not to mention who will take on the responsibility of checking to see that the conditions are being upheld?
 

I was just discussing this with a friend yesterday.  We had a now deceased friend who set up a trust for his wife, and he appointed a lawyer, banker and accountant as the trustees to oversee the terms.  He himself was also a lawyer, and a very good one.  His trust was structured such that the three trustees had very little leeway in disbursing anything in his estate beyond how he had determined it would be dealt with.  Even the investments they could make on behalf of his widow were limited because of the restrictions of the trust.  So it can be done, you just need a very good lawyer to draw it up.  

[Shadman]

On 12/21/2025 at 7:38 PM, johnsonlmg41 said:

I recall 5 NIB Vector Uzi's for $10,000.....those were the days!!!  Hindsight!

He had some hilarious posts on subguns back in the wild west days of the net when this was all pretty new.  

Those WERE the days!