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Re: OT- Gun guru and others: SKS


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Posted by soundguy on October 31, 2011 at 14:21:14 from (184.4.159.191):

In Reply to: Re: OT- Gun guru and others: SKS posted by gun guru on October 31, 2011 at 13:32:07:

PS.. I see nothing wrong buying guns from widows.( or estates ) or going out of business auctions ) In many cases 1, they DON'T want the guns at the house or are frightened of them, or 2, need money NOW and i mean NOW and can't wait till you can help them get an honest price like at an online auction.

A pawn shop will/can rip them off bad too.

when someone offers me a collection, if they have an asking price in mind and it looks like they have half a clue, and it's reasonable.. i usually take it.. many times there are good guns, junk guns and some average ones in there.. you take the cheap and high dollar at an average.

I've also told many a person that they could do way better going to an auction vs what I could afford to pay vs value. Literally had people offer me pieces, and i told them flat out to hold on to it, it's worth more to keep, or to sell later in a better market, or I simply don't have the cash on me it's worth.. and I'll even tell em what it's conventionally go for... and still have them ask me to amke an offer on it.

had that happen a while back. guy took a gun one of those jap guns as a matter of fact, on trade for some work he did... he know -0- about the gun.. didn't know what it was, who made it.. nada.. I happen to see it in his shop one day while picking up some parts and mentioned / asked him if he was the one that had put some polyurethane on the stock, as it was an otherwise nice piece and complete, since that poly-u lowered the collector value. his eyes lit up and he asked me if I knew anything about the rifle. I took about 10 minutes and told him the calibre, history, etc.. told him how to tell early from late, showed him the pieces that mad his more complete, like the dust guard, intact mum, aircraft sites.. etc.. he asked me how much it was worth and I gave him a pretty fair estimate 'range' of what they could ultimately sell for at auction if he had a week or month to run it, or relist it if needed a few times till his reserve was met. I just happen to collect jap weapons, and also mentioned why a colelctor would find the value lower, etc.. i gave him the short explanation of what it was worth to me vs what he could get it for at auction etc. I had plenty of specimens in that model and condition, so collector value for me was less than average.. i had just picked up a nicve un finished one a week before at auction.. no refinish, and all the bells and whistles, matching numbers and all... in any case.. i told him what I could do, he bumped me maybee 10 bucks and I figured why not.. might as well have another to add to my collection..


Besides...For a business for instance, If gun value for item 'x' is going at about 500$.. then you can't pay them 500$.. if it's value is eventually 500$ at auction.. it could go less.. might go more.. or you might have to hold on to it for a while. that means for a faster sale, it might need to be sold at 400 or 350.. then if you need to make money on it.. then take that 350, and peel 100$ off and then you have 250.. thus it's not out of the ordinary to pay 250$ for a gun 'worth' 500$

that's a pretty common deal.. lotsa guys 'double up'.. or simply offer half conventioal going price,.. etc. i see that at shows and dealers all the time.. not uncommon at all.

I'm talking to a guy right now, in ill health, his kids are felons, and his wife is scared of guns. with his health the way ti is.. he realistically thinks he has months left... he's making me a list of what he has.. I told him to put fair prices on them and I'd see if i could get the whole kit n kaboodle. we'll see.

havn't heard from him in a couple weeks. I hope he hasn't 'gone' yet.. he's a nice guy.. known him for years...

always remember that a good sale is one in which both the buyer and seller are happy with the outcome and each get what they wanted.

soundguy


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