H&R Model 48 12 Gauge Single Barrel Shotgun--What's it worth?


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rustylady
June 22, 2005, 02:42 PM
My uncle left me this shotgun. The serial number is E276xx. stamped w/ 12 gauge choke and made in the USA. It's also stamped Standard M48. It's in good condition. I'd like to know how old it is and its value. Thank you!

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Jim K
June 24, 2005, 09:04 PM
H&R made a number of models of single barrel shotguns. All were utilitarian hunting guns, and sold for quite low prices. While rugged and reliable, they still are bought primarily for hunting guns and prices range from $100-150.

BTW, the prices I and most others will give on these sites are the prices you might expect to pay at a gun show or to receive if sold to an individual buyer. In other words, they are retail prices; the price you would receive from a dealer is another story. Many dealers simply will not give anywhere near a fair price on a straight sale.

If you are selling guns and want to work through a dealer, the best route is a consignment sale. You decide how much you would like to get, and he adds his percentage. As an example, if the retail value on a gun is $500, I might tell the dealer I want $400. Anything he gets over that is his, but typically, he would sell the gun for the $500 retail value. Another way is to let him set the selling price, then he takes a percentage and gives you the rest. All of this should be worked out, in writing, before turning a gun over to a dealer to sell.

Jim

rustylady
June 25, 2005, 07:04 PM
Thanks for the info. Now i'll be wiser in dealing with gun shop whenever I sell it.

Elmer
June 27, 2005, 12:53 AM
Many dealers simply will not give anywhere near a fair price on a straight sale

So... they should pay her retail for it?

This is why the gun business is a dying industry. Making a profit is considered "unfair"........

JohnBT
June 27, 2005, 08:41 AM
No, but maybe more than the half of retail figure I hear about in this area. Maybe they'd get a better class of guns and better turnover on their investment.

Hey, but what do I know? I'm 54 and I've never sold a gun to a dealer or traded in a gun or a car because it's just throwing money away.

John

Elmer
June 27, 2005, 12:54 PM
Since the margin on new guns is probably 20-25%, a lot of dealers probably would offer about half on an inexpensive gun. Try paying rent, insurance, employees, etc. on 20%. Find a jewelry store that operates on less than 100% markup.

When you wonder why there's very few decent gun shops anymore, this is the reason. When I was a young man I was part of the problem too. I ordered from Shotgun News and never let the local guys make any money off me. Now most of those stores are gone.

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