I'm interested in selling a large portion of my guns and ammo.
- Thread starter Big Bill
- Start date
- Status
WardenWolf
member
I will say this: you'll get a lot more for them if you sell them individually, and find more willing buyers. Selling it as a collection devalues individual firearms and turns it into a deal for whoever buys it, as they will resell the gems and make a handy profit.
Yoda
Member
Try one of the auction houses!
Shotgun News and Gun List normally have advertisements from auction houses that specialize in firearms. maybe they can help.
My grandfather ran a pawn shop in the 1930s, and when he died, my grandmother had to sell everything he had in the store plus the collectables he kept for himself. Another gun dealer took them all, but he apologized to my grandmother, explaining that he couldn't give her full retail price for them because he's have to sell them again and make some sort of profit.
It seems to me that selling them as a lot to another dealer wouldn't give you their full value. Auctioning them as a group, or individually, could put more cash in your pocket.
Do well.
- - - Yoda
Shotgun News and Gun List normally have advertisements from auction houses that specialize in firearms. maybe they can help.
My grandfather ran a pawn shop in the 1930s, and when he died, my grandmother had to sell everything he had in the store plus the collectables he kept for himself. Another gun dealer took them all, but he apologized to my grandmother, explaining that he couldn't give her full retail price for them because he's have to sell them again and make some sort of profit.
It seems to me that selling them as a lot to another dealer wouldn't give you their full value. Auctioning them as a group, or individually, could put more cash in your pocket.
Do well.
- - - Yoda
Dirty Dawg
Member
- Joined
- Apr 17, 2008
- Messages
- 212
My very best goes out to you Bill and I hope you find a solution that's acceptable and workable. I suffered through some very serious medical issues last year and faced a similar situation. I knew that if I passed my wife wouldn't have any idea of the value of my knife, firearm and fishing gear collections and feared that she'd sell them for for what I'd told her I had in them. 
I wasn't in a position to handle the liquidation of any of these assets myself so I delegated the job to a close friend who has good knowledge of these things and was happy to take on the responsibility. It was a sobering conversation, I'll tell you. Then I spoke to my wife, explained the situation to her and told her which things I wanted to pass along to my children. Everything else was set to be sold on my death.
Lucky, I'm an ornery old cuss and fooled them all by recovering with flying colors. It was a slow, painful process but I'm just about back to where I was before my medical problems. And while I may never be 100%, I got to take my boy out for his first Dove hunt last year and look forward to many more years of hunting, fishing and camping with my boy and the rest of my family.
I truly wish you the best. If there were any way to help from this end, I'd gladly lend a hand. Oh, if all your offerings are as nice as your 30.06, you shouldn't have any problems moving them.
I wasn't in a position to handle the liquidation of any of these assets myself so I delegated the job to a close friend who has good knowledge of these things and was happy to take on the responsibility. It was a sobering conversation, I'll tell you. Then I spoke to my wife, explained the situation to her and told her which things I wanted to pass along to my children. Everything else was set to be sold on my death.
Lucky, I'm an ornery old cuss and fooled them all by recovering with flying colors. It was a slow, painful process but I'm just about back to where I was before my medical problems. And while I may never be 100%, I got to take my boy out for his first Dove hunt last year and look forward to many more years of hunting, fishing and camping with my boy and the rest of my family.
I truly wish you the best. If there were any way to help from this end, I'd gladly lend a hand. Oh, if all your offerings are as nice as your 30.06, you shouldn't have any problems moving them.
Big Bill,
Just a thought. There are few investments in these times that are as stable as guns and ammo. If the SHTF they'll be worth much, much more. If you don't need the money maybe just keep them as investments. Maybe set up with your friend to help your wife out if the worst happens.
That being said, prayers outbound for your recovery and health
Just a thought. There are few investments in these times that are as stable as guns and ammo. If the SHTF they'll be worth much, much more. If you don't need the money maybe just keep them as investments. Maybe set up with your friend to help your wife out if the worst happens.
That being said, prayers outbound for your recovery and health
Sorry to hear about your health issues but it's probably a wise choice to cull your gun collection now and not burden your wife with it if something should happen. I was discussing the same issue with a friend who manages a large gun/police supply store. He told me of someone he knew with a gun collection insured for $200,000 who passed and widow wound up with only $70,000. I'm sure his widow could have done a lot with that $130,000. When you're dealing with a large collection one would have to deal with estate buyers and auctions.
Keep some for yourself for now, pass those on to those you want to, and sell the rest.
Guns can be a hedge on inflation but you'd do better and have a more liquid asset if you toke the gun money and bought gold.
Hope your health changes for the better.
Keep some for yourself for now, pass those on to those you want to, and sell the rest.
Guns can be a hedge on inflation but you'd do better and have a more liquid asset if you toke the gun money and bought gold.
Hope your health changes for the better.
Griz insured at $200k and worth $200k are two different things. If the widow got $70k that seems a bit low but without seeing the guns it might have been quite fair. Look at it this way I buy foreclosed houses and if I hold them for a short time I frequently make decent money but it's a risk. The house could easily not sell and I could be holding the bag for a lot longer time. The same goes with guns when buying a collection to resell you cannot give full price. Here is a revealation for you --your gun dealer pays less for guns than he sells them to you for this is how he stays in business and keeps the lights on. Right now guns are hot so it's a good time to sell but it could change very quickly depending on what happens with the economy and legislation. The moral is if you want top dollar you need to sell to a collector that wants the guns for their personal collection rather than a dealer. On a $200k collection this becomes quite difficult because there are many tire kickers without cash who will look but not buy.
Big Bill,
First of all, my prayers are with you for a full & speedy recovery. I can't help but get the impression that you feel somewhat gloomy; that's pretty normal after a heart attack-one feel's that their body has betrayed them. A positive mental attitude can go a long way toward helping you recover.
Although I live in Boise, If you have no one else to take you, I'd be willing to come pick you & all your things up & take you into Twin to see the folks at Red's on Saturday. Send me a PM.
Sam
First of all, my prayers are with you for a full & speedy recovery. I can't help but get the impression that you feel somewhat gloomy; that's pretty normal after a heart attack-one feel's that their body has betrayed them. A positive mental attitude can go a long way toward helping you recover.
Although I live in Boise, If you have no one else to take you, I'd be willing to come pick you & all your things up & take you into Twin to see the folks at Red's on Saturday. Send me a PM.
Sam
Last edited:
I do pray for your healing. Have you considered going on new healthy diet? Heart disease can be reversed. Sorry this is off topic on guns. But then again trying my best to help a gun owner keep alive, I think is a gun worthy cause.
Heres a good natural health site, I know of many people who have had heart diseaase and have reversed their condition. You know avoiding processed foods, eating diet of natural raw milk products, grass fed meats, fruit veggies, avoid all the bread, startch. A guy Dr. Atkins was a cardiologist, who is world famous now and witnessed an amazing phenomenon, when many people ate low carb, high protein/high fat diet, many of their cardiovascular problems were cured. I myself think his concept is good, a bit shortsighted. Well, it is good to be prepared, but you survived your heart attacks and you have lot of hope. Also, you may consider some herbs to help the blood flow. Have you considered taking Fish Oil? American Heart Association recommends it to all people and has proven it helps prevent or help reduce heart disease.
www.mercola.com
http://www.atkins.com/Atkins-home.html
http://www.carlsonlabs.com/product_family.phtml?categid=0014
Heres a good natural health site, I know of many people who have had heart diseaase and have reversed their condition. You know avoiding processed foods, eating diet of natural raw milk products, grass fed meats, fruit veggies, avoid all the bread, startch. A guy Dr. Atkins was a cardiologist, who is world famous now and witnessed an amazing phenomenon, when many people ate low carb, high protein/high fat diet, many of their cardiovascular problems were cured. I myself think his concept is good, a bit shortsighted. Well, it is good to be prepared, but you survived your heart attacks and you have lot of hope. Also, you may consider some herbs to help the blood flow. Have you considered taking Fish Oil? American Heart Association recommends it to all people and has proven it helps prevent or help reduce heart disease.
www.mercola.com
http://www.atkins.com/Atkins-home.html
http://www.carlsonlabs.com/product_family.phtml?categid=0014
MagnumDweeb
Member
My prayers go out to you for good health and what comes after.
X-Rap
Member
- Joined
- Sep 23, 2006
- Messages
- 6,657
Bill I fully agree with what has been said about keeping your guns and passing them to your family. I still remember the sad sight when Skeeter Skeltons guns were advertised at auction( guess it was to cover med bills or something).
If you are set on selling and get a price established I would be greatful to see a list and have a chance to purchase.
Again, if money is not a problem I would save for children and grand children as there are few things more personal than the handing down of a firearm.
Best of wishes and prayers to you.
If you are set on selling and get a price established I would be greatful to see a list and have a chance to purchase.
Again, if money is not a problem I would save for children and grand children as there are few things more personal than the handing down of a firearm.
Best of wishes and prayers to you.
model of 1905
member
BigBill, may the Lord be with you. I pray for your full recovery.
2fewdaysafield
Member
We should all buy one of Big Bill's guns, pay him and tell him to keep them until the time comes (Which Bill, I pray is in the distant future). I'd hate to see a man in poor health having to part with things that have given him so much pleasure.
Keep your chin up Bill. Its always darkest before the dawn.
Keep your chin up Bill. Its always darkest before the dawn.
Here is a revealation for you --your gun dealer pays less for guns than he sells them to you for this is how he stays in business and keeps the lights on.
2RCO this is not revealation but your comments reinforce what I said. I checked and the 200K was replacement value. The insurance company apparently agreed. Would you buy a house for $50,000 you know you could turn for $200,000? Of course you would. The example I quoted was to illustrate you might only get a 35% return if your widow dealt with an outright cash payment from an estate buyer.
I didnt specifically say "collector" but for the most return that's the way to get the most money out of them.
2RCO this is not revealation but your comments reinforce what I said. I checked and the 200K was replacement value. The insurance company apparently agreed. Would you buy a house for $50,000 you know you could turn for $200,000? Of course you would. The example I quoted was to illustrate you might only get a 35% return if your widow dealt with an outright cash payment from an estate buyer.
I didnt specifically say "collector" but for the most return that's the way to get the most money out of them.
Big Bill,
Best wishes, I have had one heart attack a few years ago and am just now home recuperating from some heart surgery. They can do some amazing things now they could not just a few years ago.
As a bit of a collector I have in my will they are going to a museum I have selected as I do not have any close family interested in them. What they do not need they can sell for funds to support themselves. Most established museums can take care of all the paperwork required.
Again, good luck with the health issues.
Best wishes, I have had one heart attack a few years ago and am just now home recuperating from some heart surgery. They can do some amazing things now they could not just a few years ago.
As a bit of a collector I have in my will they are going to a museum I have selected as I do not have any close family interested in them. What they do not need they can sell for funds to support themselves. Most established museums can take care of all the paperwork required.
Again, good luck with the health issues.
12131
Member
Sorry about your health, Big Bill. Good luck and take care.
Big Bill,
Sorry to hear about your health and hope the best for you and your family.
Do you need the money? If you don't really need the money and do not have anyone you want to inherit or pass-on to, have you thought about donating them? How about a local gun range/gun club? -Especially if they are run as "not for profits". The proceeds from the sales may help to keep land open for future shooters, and you may as well have your name put on a plaque.
Sorry to hear about your health and hope the best for you and your family.
Do you need the money? If you don't really need the money and do not have anyone you want to inherit or pass-on to, have you thought about donating them? How about a local gun range/gun club? -Especially if they are run as "not for profits". The proceeds from the sales may help to keep land open for future shooters, and you may as well have your name put on a plaque.
In your immediate area, doubt you're going to get much from dealers honestly. It's a horrible time of year to be selling first off, and depending on what's on your list some of it will be hard to move.
There are some very good dealers in your area but they generally don't pay much (and can't given how fast stuff moves).
If you're insistent on getting rid of it as a lot, I'd talk to auctioneers in the phone book.
You may not get huge payoffs from doing so, but chances are it will be far more than you'll get selling them to dealers, and you can get rid of the lot.
There are some very good dealers in your area but they generally don't pay much (and can't given how fast stuff moves).
If you're insistent on getting rid of it as a lot, I'd talk to auctioneers in the phone book.
You may not get huge payoffs from doing so, but chances are it will be far more than you'll get selling them to dealers, and you can get rid of the lot.
Don't sell them as a group to a dealer. You'll be lucky to get half what their worth. Sell them on consignment. Then you'll only loose about 15 percent. Put two on consignment and when they sell drop off two more when you go in to pick up your check. If you price them realistically they will sell fast.
alaskanativeson
Member
I'd go in for that. If you do decide you'd like to try something like that I'll certainly take one or two. My brother-in-law who lives in Challis would be able to bring money and pick up guns.2fewdaysafield said:
As a former 700 pound man who had gastric bypass I feel for your suffering. I've lost over 400 pounds and wish you the same luck I've had.
Sorry I haven't posted on this thread for awhile, but I just got out of the hospital. Last Thursdy night I was admitted and stuck in the ICU with both lungs full of blood clots. It had gotten so bad that I almost died. But, I toughed it out and am now doing better, and since almost all my kids came up, they bought most of my collection (or had friends that wanted them). I still have a few and an keeping some, but am almost there as far as whittling them down is concerned.
It just goes to show that if one cares for his/her guns they hold their value quite well.
Thanks for all your great advice and help. I've communicated with several of you concerning what I have left and will be getting back in touch as soon as I am able.
Thanks my friends - Teague - Big Bill.
It just goes to show that if one cares for his/her guns they hold their value quite well.
Thanks for all your great advice and help. I've communicated with several of you concerning what I have left and will be getting back in touch as soon as I am able.
Thanks my friends - Teague - Big Bill.
alaskanativeson
Member
I'm really glad you're doing better, we'll continue to ask for your improvement. Glad to hear your family came through for you.
- Status
