selling guns
I have purchased both black powder and reg cartridge guns on this site. My question is:I do not have an FFL,but would like to sell some guns that I have no more use for(Shotguns rifles etc.) can this be done with out an FFL,if I sell to an individual?
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If an older gentleman has about 80 guns, what would be the best way to liquidate them? All are quality pieces. 0 -
Hard to say what you mean by best. The way to realize the most coin per firearm, would to be list them on Gun Broker. List them singly after taking many WELL LIT, and IN FOCUS pictures. You can do this yourself, or have a dealer such as our very own Locust Fork sell them here on GB. Locust Fork has sold numerous collections for people, and her auctions bring top dollar. The way to liquidate them rapidly is to sell them to a local gun dealer. 0 -
Hard to say what you mean by quality. To some folks, the M1 Garand I got from the government is a quality gun. To me, a quality gun is the factory engraved rifle presented to President Lincoln by Tyler Henry in 1862. Everything is relative.
I have sold collections of fairly common guns for deceased friends on GB auction, & it usually averages me about 4 hours of work per gun. And, I'm familiar with the process. An exotic gun might take twice that much time. If the owner has detailed records describing each gun, that would go a long way towards making me comfortable selling myself; but, if you've got to go to the NRA library to figure out what he has, that makes it a lot more difficult.
A friend listed a collection with a local brick & mortar auction house, & got about 50% of my estimate had he sold them on GB.
Neal
"Time is money; how much do you have left?"0 -
I would look a the market for each one. A interesting collector piece for example a model 11 F Remington with gold inlays will likely bring more in a national auction than a local one, shipping/insurance/FFL fees will be a smaller % of the price compared to a really nice plain Jane 870.
Second is how fast do they need to sell. Say 85% of a gun's real value should sell reasonably soon - it could take a long time finding a buyer willing to pay the 100%.0 -
David Nunn --- "Nunn's Guns" also does consignments. You can find his e-mail address on any of his forum posts.
If you don't feel up to doing the photos and the listing yourself - you might like to consider putting them on consignment with Kasey McKay (locust fork) -- David Nunn -- or others you do consignment here on GunBroker.
If you take them to a gun show or a brick & mortar such as a pawn shop - you will not realize anywhere their potential value.
Best Regards -- AQH0 -
I have liquidated a few collections on consignment.
I reckon which avenue you choose depends on where you are in relation to the person you want to help you.
I am in NE Texas.
AdamsQuailHunter has it right. If you want best money for each piece, and you aren't in a big hurry, GunBroker is the place to go.
It is possible to get best money for a gun at a gun show,
IF you are on the dealer side of the table, and
IF the gun is something in demand or collectible, and
IF the show is one attended by collectors of the gun(s) you have in mind to sell.0 -
As above. Nunn or Locust would be fine, or yourself IF you have the time and knowledge to do so. I sold about 40 here for a wife of a friend of mine who passed. It's work, I tell you and if you let one of the above two do it, money well spent.
If you could name off a couple pieces of the collection,?0 -
GunBroker is indeed the way to make top dollar. If you consign the guns to a dealer in another state, expect to pay a chunk in shipping just to get them to the dealer, on top of paying for boxes. Then there are the GunBroker fees which are fairly nominal and the dealers commission, usually 10%-20%. 0 -
To me the most unpleasant part of non-local selling is the shipping. Obtaining boxes and packing material, dealing with clerks at the shipping company, dealing with customers about whatever complaints (real or imagined)they may have, buyers who ignore the types of payment yu will accept, dealing with the shipper over lost or damaged packages and the impossibility of collecting insurance on same. Add all that to the value of your time you will spend taking photos, making listings, communicating with lookie-loos, etc. Sure, you will get the top price on GB auctions, but you need to decide if you want to deal with the hassles. 0 -
Get in touch with Kasey McKay (Locust Fork on the forums). Here is a link to her auctions.
http://www.GunBroker.com/All/search?Sort=13&IncludeSellers=618902
She is about 8 hours from St. Louis. Make arrangements to meet with her and transfer the firearms to her. Then sit back and relax and Kasey will do the rest. She has sold several high end Colts for me over the last couple of years and did a really great job. She does all the work, her commission is very reasonable and the auctions look great.0 -
quote:Originally posted by Mark G
Get in touch with Kasey McKay (Locust Fork on the forums). Here is a link to her auctions.
http://www.GunBroker.com/All/search?Sort=13&IncludeSellers=618902
She is about 8 hours from St. Louis. Make arrangements to meet with her and transfer the firearms to her. Then sit back and relax and Kasey will do the rest. She has sold several high end Colts for me over the last couple of years and did a really great job. She does all the work, her commission is very reasonable and the auctions look great.
Kasey helped me sell some guns, I'm in your area. I met her half way in Memphis to transfer them to her. I sent you an email through the GB forums email system.0
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