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Used gun values

6.4K views 18 replies 14 participants last post by  Tony Bologna  
#1 ·
Long time lurker first time poster.

Where is a good reference for used gun values. A lot of the online sites want a ton of your data first.

I know a lot of variables affect the value, but I'm looking for ballparks.
 
#6 ·
A key factor in values, often overlooked by sellers, is condition. So often folks look at their long held firearms as in 'excellent' or 'fine' overall condition when in the collector, or resale world they are actually good to very good condition, huge difference. Not saying that you might do that, it is just very common and very natural for someone to view their possession with a bit higher regard than a knowledgeable buyer and often people are disappointed in what they find when seeking values. A gun store/dealer that would like to buy it from you might give you 60% of its value, tops, and a chain sporting goods store would give you less than half its actual value normally. I try to never pay more than 75% of a firearms value that I plan to re-sell, after I tear it apart, clean it up, correct any deficiencies, and reassemble it that leaves little profit room in the piece. The very best way to see values is to see what the current trends are, like others have said, follow the online auctions and see what folks are paying for them and 'True Gun Value' site is actually pretty dependable as they list a bunch of recent sales results of the firearm you are inquiring about. Good luck.
 
#13 ·
Many skip chapter on condition. There is no such category as “ good shape for its age” and similar mean nothings. The second biggest factor is demand. I don’t care what the book says a guns worth, if there is no demand for it, who you gonna sell it to?
There are common guns that have jumped in value in last few years and others that have went soft.
Good example is JM Marlins, these were before Remington bought the company. Remington went broke and now 870 Wingmaster & 1100 are selling for more than Win M12 & Browning A5s. The list of such goes on and on.
By same token run of the mill guns are being marked at crazy high prices. Just because a gun is 50yrs old doesn’t give it collector or antique value. Unless a guy has an extensive collection, he is better off selling himself. When getting action involved the fees are going to eat you up. I have found Ohio is easy state to sell or trade. I go to shows in Ohio, WVa & Pa. It is not uncommon to see same guys set up with a lot of the same guns show to show. Their prices are to high or there is nobody interested in those models.
Actual collectors items are a different story. If you use on line auctions as basis make sure you are using the actual selling price.
 
#19 ·
You might be able to take it to your local FFL and put it on consignment, where they may only take a small percentage of the sale. My local guy would let me put stuff I was having a hard time getting rid of in his shop and then he would take 10% of the sale and handle the paperwork and everything else. He liked it, it was a win-win for him, because the 10% would usually make him a lot more than just a standard transfer. I knew that way at least I was going to get a fair asking price. The more he sold it for the more he made.