Getting gun values
I wonder if someone can help me, I have been asked to sell my father in laws remaining guns and I am a little clueless about this. I purchased the Blue book and have made some strides as to values. Should I list the guns here on the forum and can someone give me an idea as to their value? As of now I have 7 guns to list.
Any help is much appreciated.
Any help is much appreciated.
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Brit,
Just from personal experience most dealers will go very low on the price. Case and point: I asked a gun show exhibitor how much a particular gun NIB would go for on his table. He said $450. And said he would give $400 quoting: "even though I'd probably loose a couple bucks in the end". Well, I found the right buyer who bought it sight unseen for $1,800. Since you've done the blue book thing. BTW the "big blue book" lists a 600 Remington Magnum in .350 magnum for $575.00 you can't touch one for under $900.00.
My advise: List the gun/s with a STARTING price of what the book says and list it for the longest period of time, which is currently 2 weeks. Be sure to expand your hits by adding spaces between the description like this example: Ruger 77 RSM 375 Holland and Holland instead of Ruger77RSM 375 Holland&Holland.
Peruse this site search for items similar and get a hold on what a good price would be.
Best wishes and sorry to here the news of your FIL.0 -
quote:Originally posted by MrGnA
Brit,
Just from personal experience most dealers will go very low on the price. Case and point: I asked a gun show exhibitor how much a particular gun NIB would go for on his table. He said $450. And said he would give $400 quoting: "even though I'd probably loose a couple bucks in the end". Well, I found the right buyer who bought it sight unseen for $1,800. Since you've done the blue book thing. BTW the "big blue book" lists a 600 Remington Magnum in .350 magnum for $575.00 you can't touch one for under $900.00.
My advise: List the gun/s with a STARTING price of what the book says and list it for the longest period of time, which is currently 2 weeks. Be sure to expand your hits by adding spaces between the description like this example: Ruger 77 RSM 375 Holland and Holland instead of Ruger77RSM 375 Holland&Holland.
Peruse this site search for items similar and get a hold on what a good price would be.
Best wishes and sorry to here the news of your FIL.
Thanks for your advise, that is what is so confusing, I will watch and research this site and get some better idea of values.
Cheers0 -
By its very nature the Blue Book will reflect values 2 to 3 years out of date, and in some cases in some other universe long ago and far away. Most guys on the board would love to buy most things at blue book prices, but it almost never works that way. In addition, there are very strong regional variations that can affect the price of a rifle (a shooter, not a collectable) by as much as $200. In some areas you can hardly sell a Winchester. In other areas, everyone swears by Winchester. Looking at the asking prices on the online auctions is a good start. The Blue Book is an indication. If you ask too much it won't sell. Somewhere in between is the real value, and finding it can be time consuming. If you are in no hurry and do your home work, you will do well enough. Remember the regulations on shipping, and before you sell, line up your FFL, or figure out how to ship your self. This Auction site has a "for seller" area that will tell you most of what you need to know beyond prices. If you hit a price that is fair to the buyer and to the seller, most things in decent conditon will go quickly. Good Luck!! 0 -
One thing about Blue Book values is condition of the firearm. What you would call 100% others might rate 90% or less. We have people who bring used guns to us for sale that think that because the Blue Book gives a $500 100% list price, their 70% firearm is worth $500. Take the Blue Book, look at simular items at auctions, and browse some gun shops or shows then take all these into concideration as to the value of the firearm. Remember 100% condition is New In The Box unfired. 0 -
Yeah. List 'em here. Post pictures, if you can, at least you'll get a ball park figure that's closer than the Blue Book values. You might even get 'em sold here too. Mind you, I'd suggest you keep 'em and go shooting yourself. Just find a local range/club and talk to the nice people there. Shooting is great fun and it's a very family oriented thing. Come over to the shooter's side, Britain. You'll love it. 0
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