Is it time to sell?

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Depends on what you've got to sell. If I had a bunch of Glocks and AR-15s and defensive shotguns I didn't need, then I'd strongly consider it. Most of the stuff I'd been selling, prior to the end of the world, was collector stuff like pre-war S&W revolvers. The market for that sort of thing has significantly slowed, so my sales are on hold for now.
 
Blue Brick said:
I looked online and at Armslist, looks like prices are high and inventories is low.

Time to make some $?
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Locally, the peak of the current bubble was April into May - things seem to have settled down since then. The supply chain is catching up, and prices are dropping / availability is getting closer to normal. I suspect that things will pick up again in August/September.
 
I sold 2 over the weekend. One I despised and one I never fired and didn't anticipate a need for. Gave the guy a fair price, made a few $ to put into the next one. Made me wish I had a couple dozen more to get rid of.
 
I've never sold a single gun...so I am not the one to give advice. That said, I would be personally nervous about just whom I might be selling to these days unless I knew them. And if I knew them I'd probably just end up losing money on the deal. Unless you truly need the money from selling, how much do you stand to make vs. the possible risk of selling a weapon to someone willing to pay panic prices---they mostly seem to be newbies or possible no-good-niks. Both would be a gamble.
 
If I had a bunch of hi-points id be selling them for $200. Maybe make a package deal, $220 with 1 box if matching ammo. If I owned a gun store id definitely be doing some home defense special with a hi-point and ammo. They'd sell well just for ppl that want something to keep at home and dont care what it is as long as it fired
 
Mars5l said:
If I had a bunch of hi-points id be selling them for $200. Maybe make a package deal, $220 with 1 box if matching ammo. If I owned a gun store id definitely be doing some home defense special with a hi-point and ammo. They'd sell well just for ppl that want something to keep at home and dont care what it is as long as it fired
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+1
 
Mars5l said:
If I owned a gun store id definitely be doing some home defense special with a hi-point and ammo. They'd sell well just for ppl that want something to keep at home and dont care what it is as long as it fired
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Yeppers, I think you're probably right. Just yesterday I was in CAL Ranch (a farm and ranch supply store here that normally has a good selection of guns and ammo) looking for some 22LR ammo, and I was eavesdropping on the conversation between an older couple and the sales guy behind the gun counter. The older guy, who was actually in a motorized wheelchair, asked what handgun was the cheapest handgun the store had.
I didn't hear the answer. In fact, I didn't even stick around because CAL Ranch didn't have any 22LR ammo I was interested in.
But to answer the OP's question - no, I won't be selling any guns in the foreseeable future. The guns I have, I bought because I wanted them, not because I figured on selling them later for a profit. I only did that once - I bought an AR-15 before the last presidential election because I thought you-know-who was going to win, and AR prices would go through the roof. You probably also know how that worked out for me.:oops:
 
Money to be made. I've made quite a few dollars during these times. I've also helped a few folks out. I'd I find out it's there first firearm I give them free ammo. Sold two pistols to new folks. Gave them 200 rounds each. Hopefully they practice.
 
I thought I was strongly in the "Never Sell" camp. That is until I seen the stupid money people were paying for crap guns. I can easily say I got rid of several handguns and rifles in my collection that were just sitting around doing nothing. Mostly they were items I didn't like all that much or didn't keep my interest. Still plenty to go around so it's not causing me any anguish selling them.
 
rbernie said:
Locally, the peak of the current bubble was April into May - things seem to have settled down since then. The supply chain is catching up, and prices are dropping / availability is getting closer to normal. I suspect that things will pick up again in August/September.
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Look here;

https://www.sportsmansoutdoorsuperstore.com/

No defense shotguns available, and ARs are $2-300 above a few months ago.
 
George P said:
Arund here guns are still selling quickly, especially the Glocks and similar, HD shotguns, ARs, etc......folks are scared of the BLM coming to their hometown
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Maybe around there, but that’s not universal.

A whole bunch of people that in January felt perfectly confident that - if “something bad” happened - they could call for help and get it, have realized that “something bad” is has happened and nobody helped...in many cases, the people who were supposed to help seem to have made things worse.

In that situation, a lot of people go looking for something to make them feel like they have some control of their situation. For many it was toilet paper. Well, they have their toilet paper now, and they still don’t feel safe, so they are looking for something more powerful than double-ply quilted.
 
My local shop is very low on inventory. They mostly deal in used firearms. So could be a good time to sell off a few that you aren’t attached to.
 
Ed Ames said:
Maybe around there, but that’s not universal.

A whole bunch of people that in January felt perfectly confident that - if “something bad” happened - they could call for help and get it, have realized that “something bad” is has happened and nobody helped...in many cases, the people who were supposed to help seem to have made things worse.

In that situation, a lot of people go looking for something to make them feel like they have some control of their situation. For many it was toilet paper. Well, they have their toilet paper now, and they still don’t feel safe, so they are looking for something more powerful than double-ply quilted.
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Yep, they went from double-ply to Double Ought Buck
 
I simply do not have an extensive collection of firearms and associated items compared to what others may have. I've never be a collector/accumulator. The firearms I have are for a dedicated purpose rather than a collection.
 
Seen these "peaks" come and go.
The "I'll buy a new one later" is always clobbered by inflation or scarcity, or the company is out of business, or whatever.

Ok, so I flog off my Dyno200x I paid $250 for and get $325 (after subtracting listing and every other fee). In 24 months, go looking for another Dyno200x, and they are all $330 MSRP now (and $450 on GB) and Out of Stock at the on-line stores. Now what?

I bought a lightly used G17 for $400, poverty hit and I had to sell it. I got $550. Hmm, what are G17s going for right now? $500-550?

There's an ever-present myth that firearms are an "investment." They're not. An investment pays you compounding interest at around 10% per period. Ok, there are some lucky folk who inherit high-dollar things. I know a dude who inherited a 1928 tommy. His current acquisition cost was $0, so, if he sells he makes a handy $25-30K, right. Yeah, suppose he want another one? That's going to be $30-40k. And it will not be his grandpappy's or great uncle's or whoever it was. Not an investment.

brewer12345 said:
So what is a basic 450 to 500 dollar ar going for now?
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About $400-500.

And that's the problem.
 
CapnMac said:
Seen these "peaks" come and go.
The "I'll buy a new one later" is always clobbered by inflation or scarcity, or the company is out of business, or whatever.

Ok, so I flog off my Dyno200x I paid $250 for and get $325 (after subtracting listing and every other fee). In 24 months, go looking for another Dyno200x, and they are all $330 MSRP now (and $450 on GB) and Out of Stock at the on-line stores. Now what?

I bought a lightly used G17 for $400, poverty hit and I had to sell it. I got $550. Hmm, what are G17s going for right now? $500-550?

There's an ever-present myth that firearms are an "investment." They're not. An investment pays you compounding interest at around 10% per period. Ok, there are some lucky folk who inherit high-dollar things. I know a dude who inherited a 1928 tommy. His current acquisition cost was $0, so, if he sells he makes a handy $25-30K, right. Yeah, suppose he want another one? That's going to be $30-40k. And it will not be his grandpappy's or great uncle's or whoever it was. Not an investment.


About $400-500.

And that's the problem.
Click to expand...

Then it isn't time to sell. We get closer to the election or after and it might be time to sell an extra.
 
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