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Disposing of an estate of Firearms?

May want to check with the local auction places, I know there are a couple around here that have gun consignment auctions a few times a year. Overall they seem to sell for pretty fair prices. Much better than giving them away to a shop for MAYBE 50% value or waiting for them to sell on consignment(although probably not QUITE as much as they would bring that way).
 
LGS route could possibly be an outright sale of all the guns to them at once. Some families want to get everything estate related settled fairly quick and not have to wait on each individual gun to get purchased by someone. LGS here has done that a number of times and from what I heard, the heirs were just happy to get one payment for them all, divide that by the number of heirs, and distribute the money to each one. Quick & easy. Of course, that method also applies to the auction house, and check to see how much commission they get and a rough estimate of the value of all the guns and a cost/ benefit analysis could be undertaken.
 
Around here, we bartered guns. Guns for firewood ($250 a cord), for meat, tires, auto repair, plowing the drive, lawn care, house painting, brush cutting. I’ve done that for all of the above and more, and got current value of the guns. I realized far more for them.
 
Curious - what caliber was that 99? :)
It was a 25-35 (circa 1904) which had spent all of its life on a working ranch. Repaired stock and much scabbard wear and finish loss, hence the discounted price. The 99’s were common ranch guns in early Montana, rivaling winchesters.

An elderly collector from the adjacent county bought it. That rarest caliber was missing from his collection. Everyone at the show seemed to know him so I had zero issues accepting a personal check.

I had it on my table with no price. Was repeatedly offered $500 or so. When asked about it I replied that it was to be listed online to find the right buyer. The old guy said “just try me” and agreed immediately to my $1300 price. Other wise it would have been listed at $1500 with the $1300 target.
 
It was a 25-35 (circa 1904) which had spent all of its life on a working ranch. Repaired stock and much scabbard wear and finish loss, hence the discounted price. The 99’s were common ranch guns in early Montana, rivaling winchesters.
:thumbup::thumbup::thumbup:
Thanks! I've never seen a Model 99 in 25-35. Seen a few 300 Savage 99s at gun shows, but never a 25-35 Savage 99.
It seems like my dad once told me about hunting deer (mule deer) with a 25-35 of some kind when he was young. That was a long time ago though, and I'm 77. So, I might not be remembering it right. ;)
 
Added to that, they and the collection are in Minneapolis and I'm in NE Kansas...about a 7-hour drive.
Were it me, I'd pay a local FFL 20% commission to advertise and sell everything on Gun Broker, with shipping costs paid by buyer.
:thumbup:
Yeah, I think that's what I would do as well. The fact that the OP lives in Kansas, and his brother's gun collection is in Minnesota probably complicates things though. :)
 
When my Uncle passed, he had wanted his collection sold and the money to go to my aunt.

We contacted one of the local auctioneers that handle estate sales, and one that frequently does firearms auctions (there's a few local auctioneers that I wouldn't let touch a firearms auction).
The terms, at that time, were that the auctioneer would get 10% of the sale price of the firearm and as I recall 15% for any additional related items (ammo, reloading equitpment, etc) although when I saw the check I think he ultimately went with 10% for everything.

Ultimately my Aunt was happy with the payout.
 
OP: have you digested most of that?
You are fortunate.
Had the heart attack killed me in 2017, my wife wouldn’t have had the physical Strength, time or energy to figure out How to sell mine, other than accepting 10-20 percent of their used retail value at a gun store.
::::A confused-looking widow walking in makes staff salivate….

—-She. - literally- would have given my (then) dozen guns away for free to a couple of friends, who would Not have kept them anyway ($)—.
Why pretend otherwise?

Most people want the simplest solution to unfamiliar activities, even if they have the energy to first do hours of reading online.
 
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Starting soon I'll be selling off most of my guns. I'll keep the essential 127 guns, however. :neener:

All kidding aside, I will sell most of mine off by summer's end. We need the money, and I don't need the guns. I'm pushing 78 and can't hunt now; maybe can a little but lost the thrill and hate the 3-10 hour drives, and game populations are sad. The price of gasoline is a real factor. I've never been keen on heating barrels and burning powder

It's time for my estate sale. ;) I'm not leaving much behind.
 
One of the saddest things I've ever seen was an older lady wheeling a shopping cart full of rifles and shotguns into a Gander Mountain store and saying "These were my late husband's, and I'd like to sell them." I know that retail is retail, buy-low-sell-high, but I hope she wasn't desperately in need of cash.
 
One of the saddest things I've ever seen was an older lady wheeling a shopping cart full of rifles and shotguns into a Gander Mountain store and saying "These were my late husband's, and I'd like to sell them." I know that retail is retail, buy-low-sell-high, but I hope she wasn't desperately in need of cash.
Agree... And perhaps even more sad are the stories when they wind up in the literal trash... Knew a story of a women who had dumped ammo in the garbage and the garbage company throwing a huge hissy fit when discovered... "You could have KILLED the worker if those boxes of ammo EXPLODED!!!"
 
I told my wife to sell them through one or both of the local auction houses where I bought most of them. They both have 3-4 auctions per year, and one sells daily/weekly on GB. The houses will give you a realistic expectation of what they will bring.

If you have even somewhat interesting firearms in reasonable shape they will sell for a decent price minus 20% but if you give them the whole collection all at once, you should be able to cut a better deal. The auctioneers may spread them out over several events if you have a boatload.
 
Shooting, hunting, collecting is a hobby - a cost activity; the majority of us do it for the earthly enjoyment and fun. Every firearm left behind has a value; market and/ or emotional. The range of elimination runs from a bonfire up to retention by the recipient. The deceased no longer cares with the only real difficulty being the greed level of the seller. Ridding yourself of firearms is very, very easy - they are always a demand item until you get greedy - again, the deceased owner simply does not care anymore.
 
If they are in Minneapolis have them contact Lampi Auctioneers in Annandale MN. they are just to the west of Minneapolis. Their website is www.lampiauction.com and their phone number is 320-274-5393. They have quarterly firearm auctions and will be able to help them out.
I'll call them. this sounds like exactly what is needed.Thanks so much for the tip.Tom
 
Every firearm left behind has a value; market and/ or emotional.
the only real difficulty being the greed level of the seller. Ridding yourself of firearms is very, very easy
Nope - not for everybody, Steve. I'll admit right up front that I'm probably very much in the minority compared to most folks here on THR. But the fact of the matter is, my wife likes guns, shooting and hunting as much as I do, and she has as many firearms as I do - maybe more. If my wife (of almost 54 years BTW) goes before I go, I don't know how I'm going to "rid" myself of her firearms, and it would have nothing to do with "greed." I can tell you this though - "ridding myself of my wife's firearms" wouldn't be easy - not by a long shot.
Furthermore, I figure my wife will be in the same predicament if I'm the one that goes first. You mentioned "emotional" value early on in your post, then you seemed to have forgotten all about it as you went on.
Another BTW - my wife and I don't need the money - that's one reason why we have as many guns as we do. But if we did need the money, we know plenty of local gun shops (with owners that we trust) that would sell our guns on consignment. :)
 
As I ponder these issues with you fellas, the dialogue gets increasingly interesting and useful. Actually, neither of the daughters need money. They both have more than adequate incomes to support themselves. Greed has come from other relatives who hoped for a gift of a valuable firearm, especially those who would not otherwise give you the time of day. Those people are easily set aside. As one of you said, it helps to keep in mind that it is actually easy to get rid of guns.
For example, I had a friend who had terminal cancer and he asked me to get rid of his small collection because his wife wanted nothing to do with his guns. I went to his house and he brought out every one of his guns. We discussed each of them (he only had 6 guns). He also had ammo and a large box of fireworks. I then asked him what he wanted me to do with it all. He said, "I want you to load it all in your car and do whatever you want...give it away,. sell it, I don't care. Maybe give the guns to someone who can't afford a gun or doesn't have one." So, I did just that, gave it all away. My neighbor's 16 year old son loved the fireworks.
 
If they are in Minneapolis have them contact Lampi Auctioneers in Annandale MN. they are just to the west of Minneapolis. Their website is www.lampiauction.com and their phone number is 320-274-5393. They have quarterly firearm auctions and will be able to help them out.
I called these guys and got a bunch of good info. Very helpful, Thank you and them!!
 
A friend and I helped an elderly widow, and her daughter who flew in from another country to help Mom, liquidate 50+ guns, ammo, gear, etc. We figured out some options for them. They decided to sell all to a large out of town FFL, who said up front they would evaluate the lot, and offer 50% of retail. Daughter was concerned about disposing of it all legally; came from a more restrictive country, etc. FFL came to town, evaluated the lot, widow and daughter agreed. FFL gave the them a large check on the spot for it all. Widow and family very happy to have it all gone/done...
 
Things are getting so restrictive that I would advise anyone facing similar issues to consider very strongly trying to convince family members not to let firearms go out of the family, even if they themselves have little to no personal interest in firearms, as intrafamily transfers are one of the few avenues left for transferring firearms without prior approval of the government. It's so unfortunate that so many people these days see firearms in the home as an inherent danger, and see no reason why anyone would want them or should have them.
 
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