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Inherited 50 guns

Discussion in 'Rifles' started by AmandaDeeann, Dec 9, 2019.

  1. HKShooter65

    HKShooter65 TGT Addict

    Huge amount of helpful friendly knowledge to be had here.

    Blue Book is a good starting point for prices.
    Also, look at gunbroker.com and enroll for free and look at the advanced area for actual sold-prices rather than the often unrealistic asking prices.

    If your screen name here is an indication that you're a female you have an additional challenge.
    Meeting guys in parking lots to exchange IDs and cash and guns is a bit frightening in the real world.
    I've done it and even as a male who was always accompanied by a buddy or son it can be unnerving to say the least.

    If you want to be highly efficient I'd suggest enlisting a knowledgeable friend or two and setting up at a gun show and ask moderate prices and don't be quick to make bargain deals. I've seen a couple of estates moved that way.
     


    Last edited: Dec 9, 2019
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  2. easy rider

    easy rider Carbide Precipitator TGT Supporter

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    You should have seen the vultures circling at the reunion, ok, I was one of them. I believe she was extremely happy she went to that reunion.

    From what I saw, none of us were out to take advantage. She got fair prices and the guys got good deals. At least give us a chance to see what you have, please!
     
  3. oldag

    oldag TGT Addict

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    Wholesale, not retail.

    Gunstores buy at wholesale (e.g., cheap) and sell at retail (e.g, expensive).
     
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  4. baboon

    baboon TGT Addict

    Why sell them? Are you a liberal or anti gun? Guns can be a very enjoyable pastime. Could be the person you inherited them from felt they were a family legacy meant to be passed down through the family.
     
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  5. candcallen

    candcallen Well-Known

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    That's not exactly what wholesale means.

    Wholesale refers to a buisness buying, usually in bulk, at a discount for resale. That discount is a set percentage depending on the deal. Customarily 20 to 30 percent etc. Usually referring to new products weather buying someone's inventory out or direct from manufacturers.

    Gun stores, the vast majority of the time, pay less than 50 percent and usually less than 40 percent. So when I asked what gun store pays wholesale that's what I'm referring to. Cheap? Absolutely. Wholesale? Rarely. I guess the 2 terms can be interchangeable at times.

    In any event selling guns to a gun store should be considered a last option if getting a fair market price is the goal
     
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  6. HKShooter65

    HKShooter65 TGT Addict

    The one gunshop I know pretty well buys at 75% of the average of actual "sold" bids on gun broker.com

    Pretty fair.

    Selling firearms can be daunting for the inexperienced.
     
    Last edited: Dec 9, 2019
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  7. jrbfishn

    jrbfishn TGT Addict

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    That is a good offer. We rag on Southpaw, a lot, but he is a good guy.

    Sent by an idjit coffeeholic from my SM-G892A using Tapatalk
     
  8. rotor

    rotor Member

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    My recommendation is to first catalog everything, pictures of each firearm, serial numbers, and condition as best you can tell. Many sellers when they post firearm serial numbers don't include the last numbers and do something like 1234XXX. I don't know the true value of this. If you have boxes and manuals, make sure you save them with each gun as they increase the value of the sale. It is very easy to be taken advantage of when you are a rookie so just realize that you don't have to rush into anything. Hopefully some kind member knowledgeable in firearms that is local will help. Good luck with the sale. Remember that there are laws about selling a gun that you must comply with. Don't get in trouble. Aside from gunbroker.com you might also look on texasguntrader.com.
     
  9. Vaquero

    Vaquero Pre-ban

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    Might want to update your insurance for a month or two.
    Be aware of who is watching if you're moving the rifles.

    Howdy.
     
  10. ZX9RCAM

    ZX9RCAM Over the Rainbow bridge... TGT Supporter

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    Also, guns are not typically covered under a regular home insurance policy.
     


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