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Old September 14, 2018, 00:18   #1
Itchingforaninchpattern
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How to best liquidate a deceased friend's firearms and related items?

A family friend passed away and a relative and I have been working at cataloging his firearms and other related items. It is a large accumulation of firearms of types that run between hunting and modern sporting long guns, inexpensive surplus to high end hand guns, magazines, scopes, ammunition, parts, accessories, tools, bb guns and other items related to hunting and fishing as well as archery and knives. Some of the items appear to have seen use or abuse, and some items are as new in their boxes.
We are still in the early stages of the process, and seek to get the most possible from the sales for his widow, who does not have firearms or other related fields of knowledge in regard to her husband's collection.
Is there a process or method anyone would recommend for selling the particular categories of items?
My own thoughts are wait for increases in demands for certain categories of firearms that would increase prices on them, such as modern sporting rifles. I'm uncertain about sales such as ammunition because I think that would be best for doing in face to face transactions but could get to be inconvenient for this of us that would be doing that. The other items are more of a puzzle as to how to sell them off.
The area that the liqiuidation of the collection is occurring is in the Kansas City metropolitan region.
Input on this would be appreciated. Thank you.
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Old September 14, 2018, 00:22   #2
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Source a auction company who specializes in what she has. You can help her set the reserve prices, and the company will handle the FFL and buyers.
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Old September 14, 2018, 01:54   #3
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What's your definition of "large"

Are you willing to handle it?
(For a cut or not)
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Old September 14, 2018, 08:04   #4
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Gunbroker.

Lots of pics.

Honest descriptions.

No-reserve auctions.

Good boxes.

Prompt shipping.

Sell ammo face-to-face locally. You can use Gunbroker for that too.
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Old September 14, 2018, 10:27   #5
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What Gary said below. Most families don't have the time/expertise to list them or take decent pics. If you can do that you will get top dollar.

Selling ammo locally using gunforums/armslist - price it 25% under mail order prices in bulk and it will sell.

May want to conside selling shooter grade & common & popular guns like Glocks and 1911s locally as well.

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Gunbroker.

Lots of pics.

Honest descriptions.

No-reserve auctions.

Good boxes.

Prompt shipping.

Sell ammo face-to-face locally. You can use Gunbroker for that too.
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Old September 14, 2018, 11:12   #6
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What Mark said. Most gunshops will only give you 25-30Ę on the dollar. But it makes for a quick sale and cash in hand. You could also separate out the high end stuff and sell on consignment at LGS. Still won't get top dollar. For top dollar, use Gunbroker or other national web auction hose. Make sure you have arrangements with LGS for the transfer paperwork if needed prior to posting on line.
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Old September 14, 2018, 11:22   #7
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To answer the previous question on defining large:
Firearms collection is about 75 firearms. Probably a low-middle size collection in most forum members perspective.
Ammunition is in unknown still, but a low figure is maybe 20K for centerfire pistol and rifle rounds.
Magazines run in the quantity 150 to 200 found so far, excepting the ones that would be included with a firearm's sale. Lots of AR mags and 2-3 dozen Glock mags of various models.
2-3 of Streamlight tactical lights and 3 EOTech sights found so far. 2 appear to be never mounted and still in the case. Other older optics of lower quality that I have found.
This is still a process of discovery on the items. There was a storage unit that was emptied out and put in a garage stall that I have not seen the contents of.
There is primarily survival equipment and motorcycle riding gear I have no idea on value of for whatever condition in might be in.
The one positive thing is the items do not need to be sold off within a year or less.
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Old September 14, 2018, 08:07   #8
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Having done it a couple times, let me say - good intentions aside, it is a nightmare.

Half the stuff, gunshow. Price a good amount below market. A quarter of the stuff - either of potentially high or unknown value - worth taking pics and doing gunbroker. Consider taking 30% of value and selling the whole lot to a gun store.

Quarter of the stuff - keep it, donate it, throw it in the dumpster. I'm still sitting on a couple cheap scopes from an estate I helped settle 5 years ago. It's too good to throw in the trash, but not good enough for me to want. And they've been to 8 gunshows at $25 - just not selling. I'm doing the show anyway, and have three tables of crap. But some stuff you literally cannot give away and would be money ahead to take to donate or throw in the dumpster.
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Old September 14, 2018, 08:58   #9
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Quote:
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Having done it a couple times, let me say - good intentions aside, it is a nightmare.

Half the stuff, gunshow. Price a good amount below market. A quarter of the stuff - either of potentially high or unknown value - worth taking pics and doing gunbroker. Consider taking 30% of value and selling the whole lot to a gun store.

Quarter of the stuff - keep it, donate it, throw it in the dumpster. I'm still sitting on a couple cheap scopes from an estate I helped settle 5 years ago. It's too good to throw in the trash, but not good enough for me to want. And they've been to 8 gunshows at $25 - just not selling. I'm doing the show anyway, and have three tables of crap. But some stuff you literally cannot give away and would be money ahead to take to donate or throw in the dumpster.
What scopes, Mark?
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Old September 14, 2018, 09:10   #10
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The time-investment for selling a firearm online will be minimum three hours actual labor.

Photographs.

Writing descripition.

Posting ad.

Negotiating with buyers.

Wrapping for shipping.

Receiving and processing payment.



Three hours minimum.

Per gun.

...or per POS old scope (maybe two hours)
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Old September 16, 2018, 17:42   #11
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Too bad he didnít sell it off and spend it on viagra blow and hookers.
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Old September 16, 2018, 18:25   #12
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Too bad he didnít sell it off and spend it on viagra blow and hookers.
I sold a large portion of my gun collection and bought a really fast car. That, after driving "good citizen" cars all my life.

Recently, I was on a no-particular-place-to-go boondoggle in West Virginia. WOT near the crest of a virtually-vacant wide-lane mountain road when I heard a tremendous whine of a turbine motor. I thought No. Fugking. Way. I was going way too fast for any terrestrial vehicle to have caught up with me going up that mountain, let alone without me seeing it coming.

Just then,... BOOOOOMMMMMM!!!!

Fugking F16 - or some sort of fighter jet - banked right over my windshield.

I. Nearly. Shit.

The jet banked and showed me his bare underside, while doing some sort of tricky stall maneuver, then he straightend, hit the burners, and shot out of sight. A "friendly" gesture I suppose.

Somewhere in the vicinity of where Kara was staking out trespassers near as I reckon.

All I know is, right then, I thought "I sure am glad I sold all those guns."

That was cool.
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Old September 16, 2018, 18:42   #13
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Going through this myself at the moment. Trying to be a nice guy is just getting me a free kick in the rear. What Gunplumber said above is essentially true as I am finding out. However, posting stuff in lots on a couple of gun boards has proved to be quickest route. Most folks are looking for bargain basement items in lots. Individual sales of crap, not so much. Now, I've got to figure out what to do with that crap sitting in my house.
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Old September 16, 2018, 18:45   #14
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Yep Gary. That’s pretty far out. I like guns because they are a decent hobby that if you’re smart you won’t lose money and can alway apply the funds to another hobby. I want an M14 but that’s another can of worms.

My dream is a C3 1970 or so big block stingray. Guaranteed to kill you
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Old September 16, 2018, 19:27   #15
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My cousin's step-daughter father died, leaving her about twenty firearms. Mix of handguns, rifles, shotguns. Ran the gamut from really nice to junk. He was an attorney, and probably took them as partial payments.

A friend and I cleaned them and tried to determine values, mostly from Gunbroker.com. Made a list with prices, showed it to some friends and neighbors, selling some. My friend took one, at a reduced price for all the cleaning he did. I took one at the price we listed. Took the rest to a gun show and paid someone I knew a few dollars for part of one of his tables. Sold the last one about two o'clock.

Everybody was happy.
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Old September 16, 2018, 22:58   #16
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Iíve got no M14.

But I do still have my M1-A.
Shot it in competition just Saturday.
A very curious day indeed.

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Old September 16, 2018, 23:15   #17
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i sold off a friends collection. It was a pain. After having one of the relatives point a loaded gun at me as we were unloading the safe I had them leave the room where the safe was located. I found a gun shop that my friend knew and that I had dealt with in the pass to make a offer on the bulk of the collection. It was 50 % of retail which surprised me but it pissed off the family. The family basically accused me of making a deal with the gunsmith to low ball them. The family demanded to get a bid on the collection from another dealer. Their dealer offered even less. I almost laughed at them. The family was all sweetness and light until they smelled money. My advise is tell the family that if they want you to sell the guns that you sell them one at a time and that you get a commission or paid for your time. Most will want the money fast to settle the estate but you will get a lot less. Another thing to think about is where you keep the combinations or keys to your safe. I had to drill into a cheap gun cabinet because we could not find the keys. If you hide guns let someone know or write down where you hide them. A good list of your guns by Sn and cost would be a good idea. Some rare collector guns once owned by Teddy Roosevelt look just like rusty junk guns to relatives. Good luck.
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Old September 19, 2018, 10:47   #18
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I sold a large portion of my gun collection and bought a really fast car.
Still have that Camaro, eh?
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Old September 19, 2018, 12:02   #19
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Still have that Camaro, eh?
Yeah, and how's the battery tray holding up?
Was that in the Camaro or another? I lose track of such things.
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Old September 25, 2018, 09:30   #20
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Still have that Camaro, eh?


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Old September 25, 2018, 10:09   #21
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Looks like fun. At least, we see no spring marks on your forehead.

My son has some sort of technique for compressing those springs using a floor jack. Learned in on the innernet he did.

Drivin' that Camaro daily?
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Old September 20, 2018, 19:05   #22
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Originally Posted by Itchingforaninchpattern View Post
A family friend passed away and a relative and I have been working at cataloging his firearms and other related items. It is a large accumulation of firearms of types that run between hunting and modern sporting long guns, inexpensive surplus to high end hand guns, magazines, scopes, ammunition, parts, accessories, tools, bb guns and other items related to hunting and fishing as well as archery and knives. Some of the items appear to have seen use or abuse, and some items are as new in their boxes.
We are still in the early stages of the process, and seek to get the most possible from the sales for his widow, who does not have firearms or other related fields of knowledge in regard to her husband's collection.
Is there a process or method anyone would recommend for selling the particular categories of items?
My own thoughts are wait for increases in demands for certain categories of firearms that would increase prices on them, such as modern sporting rifles. I'm uncertain about sales such as ammunition because I think that would be best for doing in face to face transactions but could get to be inconvenient for this of us that would be doing that. The other items are more of a puzzle as to how to sell them off.
The area that the liqiuidation of the collection is occurring is in the Kansas City metropolitan region.
Input on this would be appreciated. Thank you.
I'm in St Louis. PM me with a list and what you think they're worth. It might be worth the drive to KC. I'm not looking to make a profit just add to the stable.
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Old September 21, 2018, 08:16   #23
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Some of you may have read my post "what is my FN/FAL STG 58 worth?" on the FN forum (here).
I've been selling my "stuff" so my wife doesnt get stuck with it or go through what you are in the middle of. I've seen two widows get the "hot beef injection".
So far, sales have been brisk. The biggest "junker" gun I had was a Iver Johnson TP22.
I've been doing pretty much only "word of mouth".
I had sold that FN actually to another Falfiler and we both are happy with the deal.
I started buying most of my stuff around 1979. Bouught almost 1 gun per year as interests changed.
It appears the hardest stuff for me to sell will be Prairie dog rifles (kind of a specialty item) and AR-15's as the market price wise on AR's is next to nothing now. YOu can buy one new at PSA for 450$.
But they don't have a timney trigger, or target sights or a target barrel etc but most AR shooters could care less about my NRA highpower stuff.
IN the 6 weeks or so since I've embarked on this, I have 18 out of 43 left.
Most of my stuff was very 'low mileage" I could give you a plus minus 100 round count as to what has been through it since I reload and keep records.
The highest mileage gun I have is my CCW which has been overhauled once.
Biggest problem has been selling my class III spitfire. I've had 3 tire kickers on that so far. I also think I've been "baited" by the ATF.
I've told folks on the front end. If you live in AZ and have a drivers license and I know you through a friend or the files, I;'ll sell it to you.
If you are out of state, all rules apply, FFL to FFL only and you pay the shipping. Have had 3 bogus inquiries so far.
No way I'm going to camp fed so you can have a toy illegally.!
GOOD luck .
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Old September 24, 2018, 21:54   #24
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What are you askin' on the Spitfire and is it transferable or post 86 dealer only? Thanks
I am a Class III/SOT-7.
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Old September 25, 2018, 07:25   #25
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it is transferable, it is a pre 1986 weapon
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