Yep a friend of mine lost 2 machine guns in a fire . Because of him there are less on the registry as the receivers are too far gone per ATF .sovietak474u said it all.
I have a List of my Collection and all of it Insured as I can not replace any of it the way I got them.
I have instructions on how and where to go to Liquidate My collection and I update the values on the more expensive ones every 2 years (in case I die).
I have a friend who lost his entire collection in a Fire and his homeowners insurance did not cover any of them, that is why I got a Insurance rider on my Firearms.
This cheapskate spent almost 35k on sheen guns and bought a Walmart safe . Mine are insured for full value but I don’t want the money. Took me way too long to acquire the ones I have so I won’t sell. I tried to teach my girl about them but she said it’s too much