Sold my Enfield No. 4 MK 1...

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Phaethon

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I went to a gunshow today and sold my Enfield since I didn't really want it anymore and need the money for school.

My friends keep telling me I sold it way too low. I bought it for $150 and so let it go for $175. It was a 1943 Maltby in decent mechanical condition, but with noticeable pitting for the forward half of the barrel. The lands still looked sharp, though.

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What do you guys think? Are my friends right or was I fine to just get back a little more than I paid? Dunno the prices on surplus these days.
 
If you were happy getting a little more back than you paid, then forget about it, tell your friends to forget about it, and use the money for school as you planned.

Next time, do your research before you buy/sell.
 
I think you let it go a little on the low side. Maybe somewhere in the $250 to $300 price range if it was original and the stock, receiver, and hardware were still in decent shape.
 
I have not seen an Enfield go for under 300 bucks around here is a couple years....chris3
 
Worth

A gun is only worth what somone is willing to pay for it. NO MORE. Did someone offer you more and you turned it down? Did your "friends" offer to pay you more? Of course not. So you got what it was worth at the time you sold it at the location you sold it at. All of the loose change is going for the black guns right now, so there is less $ to go around for the other guns. Don't worry about it, you did fine.
 
^^^Not necessarily. It is possible to simply price a gun too low to begin with. If you started at $175 and sold it at that point, then you may have left money on the table. If that happened, who knows what your buyer might have paid to get the rifle. As others have already said, do your pricing research before you sell, but what really matters is whether you are pleased with the outcome.
 
Considering the condition of the barrel(and your small profit) I'd say you did all right.

A little over a year ago, I bought an ABSOLUTELY NEW-UNISSUED #4Mk1* at a Reno gun-store for less than $300....I was a very happy camper, especially as it's a Long Branch (Canadian) rifle, and I've been looking for a good one for years.
 
Well, I got the rifle scarcely six months ago, so I couldn't imagine that prices could inflate so quickly. I'd gotten a few inquiries and tried to barter at a starting point of $200 but they would turn it down and neglect to negotiate. I guess the Engield surplus is almost totally dry, huh? Perhaps I ought to sell on Gunbroker from now on.

I liked the guy and was going to sell him a few bricks of .303 at $0.42 a round with a couple of stripper clips thrown in, but I couldn't find where I put my ammo so I just forgot about it. It would've nearly netted me $250 in total.

I'm not disappointed, but I was just curious on how much I ostensibly lost out on. One day I'll replace it with the rifle I really want; an Enfield No. 1 MK III. Thanks for your help, guys.
 
Its a replaceable rifle. If you ever want another you will be able to find one. There is an actual No.5 MK1 Jungle Carbine at my LGS but they want $800 for it, while his prices are normally unbeatable but I just can't bring myself to drop that type of coin on a rough milsurp.
 
I have bought and sold rifles over the years that I had to have then lost interest. I just picked up an MK4 #2 recently, it's at the gunsmith getting a repro scope/mount from Numrich put on it. I think it's going to be a really cool rifle to have. I don't think this one witll go any time soon.
 
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