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widow to sell guns, what is a fair price?

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Midwest redneck

02-10-2005 02:16:40




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A good friend of mine has lost his father to colon cancer, he died last week Monday. My friends dad has a collection of about 10 guns mostly hunting rifles and shotguns. His mother wants to sell most of these, she could use the money. From what he remembers there is a .22, a few shotguns, maybe a couple of bolt action rifles and a p-7 Lugar that my buddys granddad took from a dead German soldier in WW2. I would like to buy a hunting rifle and I would love to buy that Lugar. Questions: What is a fair price for a P-7 Lugar? What is a fair price for a 30 year old bolt action rifle. What is a fair price for a double barrel 20gauge shotgun that is 30 years old? I want to give his mom a fair price I told my buddy that I will give her cash on the barrel for at least one rifle. My buddy will get first dibs on the collection, then I will get a chance. My buddy will be going to his moms house this weekend to find out what is there, make, model, caliber. If his dad had a M1 Garand or a Mauser I would as happy as a pig in ***t. I will post again on Monday with the list of stuff.

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GABBY

02-14-2005 05:57:29




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Re: 20 ga. double. Anyone ever heard of a Parker (Meridan,Ct.)?? Low grade fair condition maybe $1500-2000. EVERYTHING depends on make, condition, stupity of potential buyer!



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farmerboybill

02-10-2005 17:31:19




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Whatever guns you and your buddy don't want should be consigned on an auction. People get stupid about guns at auctions. I saw a single shot New England Firearms .410 bought from Walmart at 80 bucks bring 110 bucks at auction. I don't know what it is but I've NEVER seen a gun at auction bring less than what it's worth.



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old blue

02-10-2005 17:51:12




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 Re: widow to sell guns, what is a fair price? in reply to farmerboybill, 02-10-2005 17:31:19  
People do go crazy over guns at auction. but at my paps auction his single shot went for 50 bucks to my brother, his 22 went to some unknown shizzer who went over my bid limit then again his 30/30 went for around 350 mind you now i got the receipt for that gun when he bought it and it only says 250 with tax. there are alot of nuts out there



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old blue

02-10-2005 17:21:18




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Like has already been said you need the make model and condition. If its an off brand with a scraped up stock or the blueing worn off its probibly not worth much. In all honesty any 30 year old deer rifle that you plan on using for hunting isnt worth over 300 dollar generally with a light bit of wear and tear. As for a double barrel 20 gauge well that really depends on the model, stevens were popular firearms of the time but arent worth big bucks, if it was a fox or something well then you probibly couldnt afford or want to pay fair market value. Its not unheard of for a widow to have an old fox or a pre 64 winchester, but dont get your hopes up. In all honesty i woulndt buy a used gun for field use for over 400 dollars , theres just too many things that can happen to them when your out hunting and its no good to worry about scratching a 5,000$ firearm i worry enough about scratching my new model 70. dont count on gettin a super deal most times you can do just as good going to a local firearms dealer. good luck with your pursuits

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mark

02-10-2005 10:03:47




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
I am reluctant to post on many things but i"ll toss a few morsels at this one.
First, the Luger is a P:08 (Pistole 08). Collectors get a woody over them and as has been mentioned, it all depends what variation it is. It may be a very common type or it could be one of those rare pieces that falls through the cracks once in a lifetime. Don"t get your hopes up for the latter. I"ve owned a few Lugers, nostalgic piece but little more. They are an antiquated design, very ammunition sensitive and the trigger pull incredibly muddy. HOWEVER, they are a representative piece of WW1 and WW2 german arms. The double barrel shotgun is probably a Stevens 311...sold new 30 years ago for maybe $149, worth maybe $250 now. Then again, it might be a Wincester 21 ordered from the custom shop and worth $3,000-$20,000....I doubt it though. It isn"t often a widow is left with a pile of rare collectibles that she hasn"t got a clue what they are worth. Ten guns hardly leads me to suspect the deceased was a collector of fine arms, but rather some fellow who had a few common hunting guns and the heirloom Luger. The Bule Book of Gun Values is worthless, most of the prices assigned in it are way overboard. Troll Auctionarms.com and Gunbroker.com for guns like those the widow has for sale and compare what the auctions bring...that will give you a realistic market value. Pay a fair price, but don"t pay over that.
I have been an FFL dealer for 23 years and have a lot of guns come and go. Some people have unrealistic ideas of their worth, others would almost give them away. I always ask the owner to assign a value first. If it is ridiculous, I simply tell them I am not interested and thanks for stopping by. If they give you that doe in the headlights look and shrug their shoulders, I try to honestly help them. Most of the time I DON"T BUY from widows because no matter what you pay, some peckerhead son, nephew, grandson or son-in-law will invaribly show up and accuse me of ripping of a poor widow woman because I didn"t pay her $300 for Western Auto .22 rifle. These are the same ones who cry when grandma sells the old Johnny Popper for $800 because the kids were waiting for her to GIVE it to them instead.

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leland

02-10-2005 06:59:30




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Look for an auctioneer that holds gun sales,we have several gun sales around here ,and it will get national billing so the luger will get a lot of attention this way and she will come out ahead and all proper transfers will be legal and no questions will be asked .



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ShepFL

02-10-2005 06:08:52




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Sorry to hear of your friends loss. Prayers to the family during this time.

As to the guns the price can really vary based on condition, make, age and model. Just like tractors some are more desireable than other.

Here are few links to check out - the auction sites you can look at past sales and get a ballpark avg. I am encouraged that you want to give a fair price. To many in today's world just want to grab and go.

I would suggest one thing - if you decide you cannot afford some of them or not interested at least inform the ol' gal and her son of their values so some "fly by night" jerk doesn't try to rip them off.

Good luck and hope all works out for you.

Link

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Engineer20

02-10-2005 05:58:17




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Three words...

Condition, Condition, Condition

You"ll have to do a lot of looking on the internet. Someone already mentioned www.Gunsamerica.com also check out www.gunbroker.com and www.auctionarms.com too!

Do some good research on that luger. They can bring from $500.00 to over $5000.00



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Engineer20

02-10-2005 06:01:57




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 Re: widow to sell guns, what is a fair price? in reply to Engineer20, 02-10-2005 05:58:17  
Also forgot to add that if there is any paperwork with the luger, keep it with the luger. Most WWII guns that were brought back by soliders had "capture" papers with them. These enhance the history of the gun and adds a little to the value.



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lucasss

02-10-2005 05:54:26




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
how bout postin the maker,model and condition. that luger could be worth alot . lucas



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buickanddeere

02-10-2005 05:20:33




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Around here the widows do what they are told by the daytime women’s shows. They call the cops and have the firearms hauled away after the husband dies. The firearms are then cut in half in HD shears. A few years ago a piece of history, an officer’s side arm and holster from the Titanic was lost. The old women in Newfoundland called the cops instead of collectors or a museum. Turns out of course she was living in near poverty and could have used the cash.

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MAC,IL

02-10-2005 05:13:58




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
See if the following will get you some ballpark figures.
http://www.gunsamerica.com/



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BB

02-10-2005 04:32:57




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
Go to a book store and get a copy of the Blue Book of Gun Values. That seems to be the bible for gun collectors, buyers, and sellers. That book will list just about every gun ever made, tell you how to judge the condition, and give you a reasonably good idea of what each should be worth.



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Fawteen

02-10-2005 04:23:03




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 Re: widow to sell guns, what is a fair price? in reply to Midwest redneck, 02-10-2005 02:16:40  
You're on the right track. Age has relatively little effect on gun value unless they're antiques. (Exception: pre-1964 Winchester's tend to bring a better price) Condition, Make, Model and Caliber are the keys. To be really fair, take the ones you're interested in to a gun shop and have them appraised.

My Dad had a Remington .22-250 Varmint Special that I'd have LOVED to had, but couldn't afford to pay Mom anything like what it was worth.

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MAC,IL

02-10-2005 06:35:28




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 Re: widow to sell guns, what is a fair price? in reply to Fawteen, 02-10-2005 04:23:03  
fawteen. You are surely correct on the value of that particular rifle. I have the same rifle, only in a .222. Seems when I bought it and installed a bushnell 3x12 scope,(years ago) I had less than 200 tied up in it. Probably well worth over 5 bills now.



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Fawteen

02-10-2005 08:23:57




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 Re: widow to sell guns, what is a fair price? in reply to MAC,IL, 02-10-2005 06:35:28  
If I recall correctly, that gun was worth something like $750 in 1978. As a career military man, E6 at the time with three kids, that might as well have been $7500.



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Chuck Davis

02-10-2005 06:11:07




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 Re: widow to sell guns, what is a fair price? in reply to Fawteen, 02-10-2005 04:23:03  
prices on old military guns can very greatly mostly because of condition. Gun shops are going to offer you 50. cents on the dollar of the gun if they are feeling generous. I am not an expert on military guns or antiquie guns but i do know condition of the gun is very important. Rusted and severly dinged up guns obviously will not bring as much cash as one in pristine condition. Cailber and bore condition are also important. Their are websites all over the net for specific guns. Let your fingers do the walking. The German Lugar, grab it its always a nice collectors item

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