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Old 09-05-2016, 03:32 PM   #1
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a penpal had 50 smiths, a few ruger

revolvers, which he'd picked up either in excellent used condition, or new, ( for "10% over dealer cost") over a span of 20 plus years. This was 20 years ago when we were corresponding. He was convinced that they were a great investment. So I suggested that he make a list of all of them and have several dealers give him a cash price. They offered him half what he had in them! (which I knew would be the case). He was so po'd that he wanted nothing more to do with those dealers. Today, you can probably get 3/4 of what you have in them (counting 5% average annual inflation, now) because of the online forums, gunbroker, etc.

guns are hard to sell. your target market is typically broke, or already has (at least nearly) the guns that they want, and most real gun people know how and where to get stuff for bottom dollar. There's the serial number and law problem, too.

5% annual inflation means that what you spent 15 years ago, you'd have to spend 2x as much for today. So if you paid $300 for a gun 15 years ago, you'd have to get $600 for it today, just to get your money back out of it. That's hard for some people to grasp, much less accept, but it's a fact.

Last edited by justme; 09-05-2016 at 03:37 PM.
 
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Old 09-05-2016, 04:32 PM   #2
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How many guns have you sold lately? In the past 10 years? 20 Years? 30 years? I have turned a nice profit on C&R guns and on both revolvers and semi-autos. I have bought klunkers and lost money on them, but who hasn't?
 
Old 09-05-2016, 04:38 PM   #3
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Just have know the right doctors to sell them to. If you want 1300.00 one ask them 2200.00
 
 
Old 09-06-2016, 03:31 AM   #4
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take you years to get rid of them that way. Your kids will dump them all at auction, for half what you've got into them The money you spend on all the 'extra" guns could have been spent on lead, components, and gas to the range, heated tent to fire from, etc.
 
Old 09-06-2016, 05:22 AM   #5
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Have you seen what guns bring at auctions? WOW! I have thought about taking some. I could sell 99% of my guns with one phone call. For double what paid for. Always a market for high end Smiths. Look at the crazy prices on the Colt snake guns these days. A Python loose as hell with aftermarket grips an lot of bluing gone will bring 2500 to 3000 anyday of the week.
Most of my guns I buy cause I want to shoot them but I buy good ones to start with at my price.
 
Old 09-06-2016, 05:29 AM   #6
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Melvin, when is the last time you were at a firearms auction? Last one I was at, some of the prices that firearms sold for were unbelievable. Get with the times. I've sold 4 of my 1914 Colts in the last year and made at a minimum a 30% profit on each of them. As for reloading components, gas, hotel rooms etc, for some of us there is no problem as we planned for our future years.
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Old 09-06-2016, 06:54 AM   #7
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Quote:
Originally Posted by justme View Post
… Your kids will dump them all at auction, for half what you've got into them
People whom you’ve never met, and you assume that you can predict what they’ll do in a situation with which you’re unfamiliar. Some people absolutely would do that — when my father gave me the wristwatch that he got from his mother (for his 25th birthday shortly after WW2), one of my brothers actually asked me “how much do you think you can get for it?”; so yes, some people would do what you’re saying. But to presume and pontificate that that kind of behavior is universal, is frankly silly.

Did you sell off all your parents’ stuff (including guns, jewelry, whatever) cheap at auction after they were gone? If you didn’t, then your own example shows the flaw in your pontification. If you did, I feel bad for you.




Quote:
Originally Posted by justme View Post
…heated tent to fire from, etc.
??? Never used one of those. I’ve lived in michigan, texas, wisconsin, and arkansas, and shot a bunch in all of them. From 100+ degree ipsc matches in texas to sub-freezing wisconsin winters. When it’s cold, it’s cold; when it’s hot, it’s hot. That's just reality, and something to be accepted. Surely Oklahoma isn't more 'extreme' in climate than the rest of the continent.

I like my comfort as much as the next guy, and I like indoor ranges as much as the next guy, but shooting from a tent is nuts imo. Unless it's made of clear plastic, shooting from inside a tent out into the outside world is shooting blind (or at best, shooting with blinders on), and is certainly not something I’m going to do recreationally.
 
Old 09-06-2016, 07:06 AM   #8
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gee, it's really hard to figure out that you should open the tent door before firing out of it, eh? There was nothing in the way of an inheritance. Mom had to sell everything before they'd pick up the cost of her being in a nursing home. I was in prison during all of that. I have no sentimentality at all, anyway.
 
Old 09-06-2016, 07:11 AM   #9
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Did you check out how much of the "take" you have to pay to the autioneer folks? then pay taxes on the (on the record) income from the sale? then figure in the doubling in price in 15 years, due to inflation? Bet you dont end up with anything NEAR the profit that you think you can get. A few guns, here and there, now and then, maybe, but getting rid of a collection? not a chance.
 
Old 09-06-2016, 09:09 AM   #10
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Quote:
Originally Posted by justme View Post
gee, it's really hard to figure out that you should open the tent door before firing out of it, eh?...
No it's not hard to figure that out.

Is it hard for you to figure out that even with the tent door open, you're still blind on more than three sides? As I said, shooting with blinders on.
 
Old 09-06-2016, 09:29 AM   #11
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Look up the results on any Rock Island Arsenal sale, they have at least 4 per year. Record prices. Auctioneers charge 15 to 20 percent plus some a buyers premiem several places around here have firearm auctions often. Last month, a large bunch of guns that were stored in a wet basement an nothing but rust sold for unheard of prices! I seen some of them. Remember, this is 2016 not 1974.
We have a nice warm clubhouse, shoot awhile an go warm up or go to a new indoor range.
Most of my guns are going to my son an his two boys, they are the shooters these days Grandsons love to shoot, both started out with 1022 Rugers an Single Sixes not airsoft. Youngest one likes the model 28 Smith, will shoot it all day. Oldest worked all summer to buy his own ammo. Great kids an know how to respect any firearm AND PEOPLE. Plus they are useful to pick up brass, change targets.
Youngest shooting a group with FordPerfects AR
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Old 09-06-2016, 10:29 AM   #12
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I bought a completely original 1944 "Canadian Contract" Colt 1911A1 about 5 years back. At the auction I paid $1,100.00 (cdn) including the 15% fee. Sold it last year for $1,950.00 (Cdn). I think that was a good return on my investment.
 
Old 09-06-2016, 11:07 AM   #13
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Hard to loose any money on a good gun.
 
Old 09-06-2016, 11:48 AM   #14
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Sure,, dealers sell them at a loss to the general public, instead of selling them all at auctions! what a crock!
 
Old 09-07-2016, 04:54 AM   #15
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Do you even have a clue about either buying or selling a gun of any type in this century?
 
Old 10-15-2016, 03:03 AM   #16
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This is an interesting conversation. We run a weapons / militaria auction site in Haerkingen, Switzerland twice a year. Last year we realised a World record price for a SIG P210-8 heavy frame automatic pistol. It sold for 15,500 Swiss Francs. Thats roughly $15,680

Our next auction is on Saturday 22 October 2016. We attract bidders from all over the World

You can find more details, plus a downloadable catalogure with reserve prices on our website:http://swiss-auction-center.ch/

Alternatively you can "Like" our facebook page to be kept more up to date: https://www.facebook.com/swisstacticalcenterauktionen/

The majority of our customer base is German speaking but the business is owned by a Canadian and we'll answer all questions.
 
Old 10-16-2016, 03:08 PM   #17
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Not sure about others but I have about $20K above what I paid for the guns in my collection

Dealers want to sell to make a profit. They give maybe 25 cents on the dollar.

I bought a S&W model 36 in 1972 for $137. A month ago I turned down $650 for it. There is not a gun in my collection that will not bring at least 40% more than I paid for it when selling to individuals.
 
Old 10-16-2016, 03:54 PM   #18
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ok, Joe. that's why all these forums are packed with ads for guns for sale, instead of auctions.
 
Old 10-16-2016, 04:25 PM   #19
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What are you talking about?
 
Old 10-16-2016, 04:30 PM   #20
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Why would anybody ever think about listing a gun for sale here?
 
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