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tobefree
A dealer I know bought a few guns from an old hardware store here in Ohio. The Family that had them closed the store back in the sixties and these are mint NOS Guns Without going into a lot of details. He is asking about twice book for them. At first I thought he was nuts, But most of these were guns that were sold to be shot and abused and I have never seen such examples of these guns since the sixties. There are some old Remingtons that I realy like. Is there ever an instance when twice book is justified. These aren't rare guns but I'd have to say they are in extremely rare condition and with boxes and papers too.
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Comments

7 comments

Date Votes
  • tobefree
    What do you think about auction # 3211559 ?
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  • rldowns3
    It is my understanding that the typical book price takes into account, rarity and conditions.

    annoyaliberal.jpgnotmyfault.gif
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  • tobefree
    That is mine as well... But at recent auctions I have seen some of these older mint firearms blow that that out of the water. I must be missing something. I've been using The Blue Book of Gun Values. Is there a better source for pricing/values?
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  • only winchesters
    Hello tobefree: First off, "book values" are a snap shot in time. Meaning if you have the lastest issue of the "blue Book for guns" the data used is about 1-2 years old. It's also an "AVERAGE" of guns sold in the same condition.

    Now onto your situation. If these NOS Remingtons, have the original boxes and paper work, then the seller starting out at twice the book value is not unheard of. The real question, how many are for sale at any given moment? NOS in 100% condition, is not that common once you reach 40 years or more. If you are looking for a "shooter" then these NOS guns aren't what you should buy. If you are looking for somewhat of an investment, knowing that if you just keep them and don't use them, what will they be worth in 10 or 20 years from now? That's a different story.

    As a seller it's best to start out high and go lower until the item sells. If you start out to low, it sells quickly, you are screwed. He knows he has something that isn't seen everyday. Someone who wants these guns most likely will pay more than the book, simply because you don't see NOS 40 years old or more. Regards Dave
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  • duckhunter
    Yes there is. Gunbroker.com. If you like the guns buy them, if not do something else.

    I WOULD RATHER BE DUCK HUNTING.
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  • bperdue21
    i would buy every one i could afford, then go get a loan and get the rest

    When guns are outlawed, only outlaws will have guns.
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  • MFI
    The blue book is only a guide to what a given item may go for. Certain items go for much more than book based on several factors the main one being how much value to you the buyer put on it. Regional differences in prices have an effect also on "blue" book values.
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