In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Collector Shot Gun at 1/2 Value
idahogunbroker
Member Posts: 131 ✭✭
Still no buys on this fine collector shot gun. Help 376845346
Comments
http://www.GunBroker.com/Auction/ViewItem.aspx?Item=376845346
If it were my gun to sell, I would pay a wood repair expert to fix the scratches & dings on the stock. I'm guessing that a previous owner took it into the field, a sure way to lower a gun from "collector" to "nice looking shooter".
I am put off when a seller tells me something broken would be easy to fix. If the cleaning rod is so easy to fix, then YOU fix it! Or, buy a new one of high enough quality that it looks like it came with the shotgun.
Your photos still aren't good enough; you need to pay someone with better equipment to take high quality photos. (Most "wedding" photographers also have "studio" experience.)
Neal
Any legitimate appraisal needs to have the name of the appraiser -- and be in writing -- to have any validity. That appraiser needs to have a good reputation in the field to have legitimacy.
There are also different appraisals: there is "replacement value" (what one would argue an insurance company should pay for a loss of an item); and retail, wholesale, and "fire sale" prices on used items. There can also be a wide discrepancy in prices based upon relatively small differences in condition -- particularly true with "collectables."
As has already been pointed out, you are dealing with a very small market when you get to firearms valued in the thousands-of-dollars price-range. You have to expect it to take time to sell such an item, even if you determine it really is being offered at "1/2 value."
I don't know anything about what that shotgun should sell for, but do know "Verbal appraisal by two large gun stores" is meaningless in determining value.
Any legitimate appraisal needs to have the name of the appraiser -- and be in writing -- to have any validity. That appraiser needs to have a good reputation in the field to have legitimacy.
There are also different appraisals: there is "replacement value" (what one would argue an insurance company should pay for a loss of an item); and retail, wholesale, and "fire sale" prices on used items. There can also be a wide discrepancy in prices based upon relatively small differences in condition -- particularly true with "collectables."
As has already been pointed out, you are dealing with a very small market when you get to firearms valued in the thousands-of-dollars price-range. You have to expect it to take time to sell such an item, even if you determine it really is being offered at "1/2 value."
+1 If two gun stores appraised it for $14,000-$18,000, why didn't they buy it for $8,900? It seems that they're giving up a lot of potential profit.