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Selling multiple guns
#6175364
02/09/16 03:58 AM
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Joined: Aug 2005
Posts: 542
tdbduckhunter
OP
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OP
Tracker
Joined: Aug 2005
Posts: 542 |
What is the best way to sell multiple guns? Friend wants me to help her sell her late husbands guns.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175372
02/09/16 04:02 AM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
Buy them cheap from her as a package deal then sell them separately for a profit.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175400
02/09/16 04:16 AM
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Joined: Feb 2011
Posts: 4,243
Erny
Extreme Tracker
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Extreme Tracker
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Posts: 4,243 |
You can look up there values on Gunbroker pretty easy. good luck with the sale. Most places will offer you half of what they are going to sell them for. A private sale would be the most profitable but it can be a pain in the butt if you have a lot of guns to sell.
Last edited by Erny; 02/09/16 04:17 AM. Reason: Typo
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Re: Selling multiple guns
[Re: Erny]
#6175484
02/09/16 12:13 PM
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Joined: Dec 2013
Posts: 6,925
GasGuzzler
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2013
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You can look up there values on Gunbroker pretty easy. ....but to get an accurate idea of value using GunBroker, create an account so you can search COMPLETED items. There are hundreds of thousands of guns for sale there at 150-300+% more than their real value. Sellers put them up at high prices forever waiting for the next sucker. Don't go by asking price.
Pass the gravy.
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Re: Selling multiple guns
[Re: SapperTitan]
#6175488
02/09/16 12:19 PM
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Joined: Jun 2014
Posts: 691
Anton Chigurh
Tracker
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Tracker
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Posts: 691 |
Buy them cheap from her as a package deal then sell them separately for a profit. Correct me if I'm wrong, but didn't the recent Executive Orders on firearm sales make doing this a risky move for a Non FFL?
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175517
02/09/16 12:57 PM
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Joined: Feb 2010
Posts: 6,164
Chief Joe
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2010
Posts: 6,164 |
I bought a rifle from a man selling his late brother's extensive collection on Armslist.. It would have to be a hassle to keep track of emails and offers. And then shipping...
"It is the same boiling water that softens the rice, which hardens the egg." It's not always about the circumstances, but what you are made of....
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Re: Selling multiple guns
[Re: Anton Chigurh]
#6175518
02/09/16 12:59 PM
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Joined: Feb 2010
Posts: 6,164
Chief Joe
THF Trophy Hunter
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THF Trophy Hunter
Joined: Feb 2010
Posts: 6,164 |
Buy them cheap from her as a package deal then sell them separately for a profit. Correct me if I'm wrong, but didn't the recent Executive Orders on firearm sales make doing this a risky move for a Non FFL? I don't think that has been implemented yet because of financial backing?
"It is the same boiling water that softens the rice, which hardens the egg." It's not always about the circumstances, but what you are made of....
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Re: Selling multiple guns
[Re: Chief Joe]
#6175546
02/09/16 01:31 PM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
Buy them cheap from her as a package deal then sell them separately for a profit. Correct me if I'm wrong, but didn't the recent Executive Orders on firearm sales make doing this a risky move for a Non FFL? I don't think that has been implemented yet because of financial backing? I never said don't use an FFL but I'm not sure if that is even in effect yet.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175560
02/09/16 01:44 PM
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Joined: Nov 2009
Posts: 4,605
chalet
Extreme Tracker
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Extreme Tracker
Joined: Nov 2009
Posts: 4,605 |
I'd sell them here. 2 ways to go about it
1. sell them myself through the classifieds. 2. contact of few of the dealers/collectors that are here regularly, solicit bids on them as a lot and take the highest one.
Shoot. Eat. Repeat.
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Re: Selling multiple guns
[Re: SapperTitan]
#6175614
02/09/16 02:18 PM
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Joined: Jun 2014
Posts: 691
Anton Chigurh
Tracker
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Tracker
Joined: Jun 2014
Posts: 691 |
Buy them cheap from her as a package deal then sell them separately for a profit. Correct me if I'm wrong, but didn't the recent Executive Orders on firearm sales make doing this a risky move for a Non FFL? I don't think that has been implemented yet because of financial backing? I never said don't use an FFL but I'm not sure if that is even in effect yet. Im not talking about the background checks on private sales issue. I'm talking about a non ffl buying firearms with the sole intent to flip them for a profit. Again, I'm not an expert, but reading this ATF faq on the subject would make me hesitate to do that myself.. https://www.atf.gov/file/100871/download
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175624
02/09/16 02:26 PM
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Joined: Mar 2012
Posts: 3,809
Cleric
Extreme Tracker
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Posts: 3,809 |
What is the best way to sell multiple guns? Friend wants me to help her sell her late husbands guns. Can you post a list? That may help. You could also sell the entire lot to a ffl but most are going to give 50% the value at best
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Re: Selling multiple guns
[Re: Cleric]
#6175804
02/09/16 04:01 PM
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Joined: Aug 2005
Posts: 20,228
janie
THF Celebrity
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THF Celebrity
Joined: Aug 2005
Posts: 20,228 |
What is the best way to sell multiple guns? Friend wants me to help her sell her late husbands guns. You could also sell the entire lot to a ffl but most are going to give 50% the value at best Thinking along the same lines as Cleric. If there's more than 50 firearms, I'd at least consider it. The FFL assumes all the risk, and it's his money that's now tied up in the collection. She walks away with cash.
He is your friend defender your dog. Be worthy of such devotion
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6175854
02/09/16 04:25 PM
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Joined: Aug 2012
Posts: 15,572
TexFlip
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If she's not in a bind she should list them individually and get the best money. If she's in a bind and you have the money, make her an offer. Or list the lot here at a good value.
Just to make sure that it is done thoroughly, I go both ways.
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Re: Selling multiple guns
[Re: SapperTitan]
#6175956
02/09/16 05:21 PM
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Joined: Sep 2004
Posts: 2,778
ralph
Veteran Tracker
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Joined: Sep 2004
Posts: 2,778 |
Buy them cheap from her as a package deal then sell them separately for a profit. Is that REALLY what you would do to a friend who lost her husband? For the OP... If there is a LGS you have a good relationship with and trust, see if they will sell the guns on consignment. They will take a commission but they will have an incentive to get at least a fair price for them. If your friend is not in a hurry this would be the simplest way to handle it legally and hassle free.
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Re: Selling multiple guns
[Re: ralph]
#6175983
02/09/16 05:31 PM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
Buy them cheap from her as a package deal then sell them separately for a profit. Is that REALLY what you would do to a friend who lost her husband? For the OP... If there is a LGS you have a good relationship with and trust, see if they will sell the guns on consignment. They will take a commission but they will have an incentive to get at least a fair price for them. If your friend is not in a hurry this would be the simplest way to handle it legally and hassle free. If she just wants to get rid of them sure. If she wants to make some money back of of them then maybe I would just buy a gun or two to remember my friend by. People die something has to happen with their possessions.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176033
02/09/16 05:59 PM
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Joined: Aug 2012
Posts: 15,572
TexFlip
THF Celebrity
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I wouldn't sell them on consignment. She'll lose more that way than selling them discounted as a group.
Just to make sure that it is done thoroughly, I go both ways.
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Re: Selling multiple guns
[Re: SapperTitan]
#6176061
02/09/16 06:11 PM
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Joined: Nov 2010
Posts: 5,275
jeepercreeper
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2010
Posts: 5,275 |
Buy them cheap from her as a package deal then sell them separately for a profit. Is that REALLY what you would do to a friend who lost her husband? For the OP... If there is a LGS you have a good relationship with and trust, see if they will sell the guns on consignment. They will take a commission but they will have an incentive to get at least a fair price for them. If your friend is not in a hurry this would be the simplest way to handle it legally and hassle free. If she just wants to get rid of them sure. If she wants to make some money back of of them then maybe I would just buy a gun or two to remember my friend by. People die something has to happen with their possessions. As long as you're upfront with her on the value of the guns and she decides to cut you a break, Im fine with it. If you deceive your friends widow, then thats pretty low. Me personally, Id sell them for her at no profit for myself out of respect.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176072
02/09/16 06:15 PM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
I agree be up front with prices but if she just wants to get rid of them she should give you a good package deal because they obviously have to sentimental value to her if she is trying to sell them.
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Re: Selling multiple guns
[Re: SapperTitan]
#6176196
02/09/16 07:37 PM
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Joined: Nov 2010
Posts: 5,275
jeepercreeper
THF Trophy Hunter
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THF Trophy Hunter
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Posts: 5,275 |
I agree be up front with prices but if she just wants to get rid of them she should give you a good package deal because they obviously have to sentimental value to her if she is trying to sell them. Its not really about sentimental value either. Its about helping someone out when they're in need, especially a friend. Heck, if one of my friends or family members needed me to help sell guns I may even do it out of my own pocket. I would never ask or assume a "good package deal".
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176222
02/09/16 07:56 PM
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Joined: Nov 2010
Posts: 29,609
SapperTitan
Taking Requests
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Taking Requests
Joined: Nov 2010
Posts: 29,609 |
We don't know the whole story. Maybe she hates guns and just wants them gone and couldn't careless how much she makes off of them. If it's to help with funeral costs or because she is having financial issues that's a whole different scenario and I agree I'd help as well. What I'm saying is if she just wants them gone buy them as a package deal and then sell them or keep them or sell some and keep others.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176240
02/09/16 08:07 PM
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Joined: Jun 2015
Posts: 11,537
rickym
THF Celebrity
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THF Celebrity
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Posts: 11,537 |
I imagine you would have an easy time selling them on here just below value, and this way you know who's hands your putting these guns into.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176243
02/09/16 08:08 PM
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Joined: Nov 2014
Posts: 1,177
DH3
Pro Tracker
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Pro Tracker
Joined: Nov 2014
Posts: 1,177 |
Buy or borrow a current Bluebook to get each guns value; then buy a table at a gun show and sell them for what they are worth. Subtract your costs from the resulting revenue.
Old age and treachery beats youth and stupid every time!
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Re: Selling multiple guns
[Re: DH3]
#6176260
02/09/16 08:20 PM
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Joined: Nov 2012
Posts: 15,645
QuitShootinYoungBucks
THF Celebrity
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THF Celebrity
Joined: Nov 2012
Posts: 15,645 |
Buy or borrow a current Bluebook to get each guns value; then buy a table at a gun show and sell them for what they are worth. Subtract your costs from the resulting revenue. This would be my suggestion too.
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176652
02/10/16 12:57 AM
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Joined: Dec 2013
Posts: 6,925
GasGuzzler
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2013
Posts: 6,925 |
This topic and the replies made me invent a new word.
Devolvolution.
That's what was done to a simple question here....
Pass the gravy.
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Re: Selling multiple guns
[Re: tdbduckhunter]
#6176980
02/10/16 03:34 AM
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Joined: Aug 2005
Posts: 542
tdbduckhunter
OP
Tracker
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OP
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Joined: Aug 2005
Posts: 542 |
I just want to help her out. I am not making a dime off of the transaction. When I get a list I will post. Thanks.
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