OT - Selling Guns

Jul 14, 2009 30 Replies

Years ago I attended an auction of an auto parts store in south Dallas. the owner was an elderly black fellow. The store was old, the inventory aged. The lots went for about 10 cents on the dollar. I bought one lot worth $3500, for $300. Came back later to pick it up. The owner was the only one there, and he looked miserable. He had had an opportunity to return the merchandise to his warehouse for close to purchase cost, but had declined because "They treated me good for many years". An auctioneer had convinced him he could make at least as much at auction. It turned out he had sold the store in order to finance a much-needed heart surgery. The proceeds fell far short of the money needed. He didn't know what he was going to do. Needless to say I felt pretty bad about my purchase. I offered to skip it and let him return it to his distributor at thousands more, but he declined.

Like I said, when they set the price, I don't haggle. I have had many people say, "Oh, that was Dad's and I can't bear to see it one more time" or something like that. Either that, or "That was my no good son's, and I don't care what I give it away for." Stuff like that.

Steve

I have left a card on bigger items, and said if you don't sell it, call me. Got a couple of big ticket items cheap like that.

Steve

Ignoramus13927 wrote: ...

Boy, there's a lot of scenarios here: you approach a widow that you know she doesn't know anything & try to con her vs. she has put the guns on the market with an asking price. Or it's not a widow, but an otherwise knowledgeable guy who doesn't know guns. Or it's a shrewd widow trying to con *you*.

"A fool & his money are soon parted" also applies to the ignorant. A seller that doesn't make an effort to determine the market is a fool.

That said, I try to be fair & use the Golden Rule to do it. That works both ways: I don't mislead because I wouldn't want to be misled, but I also don't offer more than the asking price because I'd never expect that to happen if I was a seller.

Fundamentally, the assumption is that it's an arms-length transaction. Nobody should expect anybody to be doing favors.

YMMV, of course, Bob

The only gun I've ever actually owned was a Lorkin .25 auto. I bought it for $50.00, shot a box of bullets at the plinking range, and just set it sit on the shelf until some guy offered me $75 for it. ;-)

Cheers! Rich

Roger...take a long look for similar items on gunbroker.com, auctionarms.com, etc etc and see what the final prices were.

While in your area..perhaps the arms are worth that much...shrug....in most others..they are not.

And we are in the beginning states of a Great Depression. Sell them as quickly as you can for the most you can get...OR simply sit on them for

5-8 yrs and they may go back up in price.

Frankly..Id not sell them at this time, or...Id put them up for sale at the local gun dealer, with a fixed hidden MINIMUM price and an exact consignment fee, and let the dealer do the bargaining. A price you wont go down below is smart and allows the dealer to put on a bargainable price thats higher.

That Benelli shotgun...for example tends to sell for at least $1000 in many places. Not on any of the gun sites I just viewed. Perhaps a dealer may have a big spender want it. And it would sell for more than what you are asking. Or it will go for $400 when he gets tired of looking at it. $600 difference in price makes a BIG deal...

Just a heads up..frankly..Id love to have the 338..but the 300 Win mag version I bought for $475 is good enough.

You get the idea....

Gunner

"Lenin called them "useful idiots," those people living in liberal democracies who by giving moral and material support to a totalitarian ideology in effect were braiding the rope that would hang them. Why people who enjoyed freedom and prosperity worked passionately to destroy both is a fascinating question, one still with us today. Now the useful idiots can be found in the chorus of appeasement, reflexive anti-Americanism, and sentimental idealism trying to inhibit the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

The prices are the starting price, I'm pretty sure he'd go down $100 on most or perhaps best offer. It seems you almost always have to ask a higher price because no mater what, someone will want to talk you down.

A few years ago my Dad gave me a Remington 338 Win. Mag. with a Leopold (sp?) scope and has been magna ported (sp?) (wood stock and blue barrel). It's only been shot enough to sight in, verify, and perhaps shoot a bear (I'm not sure if he used the Remington or Browning in the bear hunt). Anyway, he said if I wanted I could sell my 338 instead and have his Browning A-Bolt SS with Burris scope. My Remington would be lower price and might sell faster, is a Browning A-Bolt better than a Remington (700???)?

RogerN

I bought a Remington 552 Speedmaster .22 cal. Monte Carlo grade for $70 at a pawn shop a few years ago. They wanted $125. I came back in after a couple of weeks, and noticed they still had it, and offered $70 and got it. I like that gun. Don't think they knew what they had, and just wanted to turn their money. Point is, prices are all over the map.

And I'd say that mechanically, the A bolt is a little better built, but the

700s have a reputation for being the most accurate out of the box. Used a lot for sniper rifles by armed forces. And such a darn pretty gun, you hate to take it afield for danger of scratching. That's why I'd buy stainless/synthetic on either if I was to buy a game gun. And I'd go .300 short mag.

mho, ymmv, idgaf, etc.

Steve

Damn..its tempting..Id love a 338 to shoot these big California jack rabbits with (cast bullets). Ive been using a 375 H&H for years for this...shrug.

Just out of curiosoty..how much?

But Im really not able to pay much cash...though..I could do some bartering...I did just close out a factory.....

Gunner

"Lenin called them "useful idiots," those people living in liberal democracies who by giving moral and material support to a totalitarian ideology in effect were braiding the rope that would hang them. Why people who enjoyed freedom and prosperity worked passionately to destroy both is a fascinating question, one still with us today. Now the useful idiots can be found in the chorus of appeasement, reflexive anti-Americanism, and sentimental idealism trying to inhibit the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Marvelous rifle!! Can dump in a handful of shorts, longs and long rifles, mixed together and the rifle will continue to shoot very well.

You did marvelously good

I picked up a 572 (pump version) 25 yrs ago for my left handed son to learn to shoot. I think then I paid $75 for it..still have it too but at that time...$75 was a lot of money for a .22

The 700 is the Basis for many accurate sniper weapons..but right out of the box..unless its a PS version...they are only at best.."Ok".

The A-bolt is a fine weapon..but..shrug..Id just as soon have a 700 and put the rest of what it would cost to buy a A bolt into brass, powder and bullets...and dies of course...and put gas in my truck for a week or two.

"Lenin called them "useful idiots," those people living in liberal democracies who by giving moral and material support to a totalitarian ideology in effect were braiding the rope that would hang them. Why people who enjoyed freedom and prosperity worked passionately to destroy both is a fascinating question, one still with us today. Now the useful idiots can be found in the chorus of appeasement, reflexive anti-Americanism, and sentimental idealism trying to inhibit the necessary responses to another freedom-hating ideology, radical Islam"

Bruce C. Thornton, a professor of Classics at American University of Cal State Fresno

Do you have any PLC's? Perhaps an Allen Bradley PLC5 or SLC 500? Panelviews?

RogerN

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