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Hot Topic (More than 10 Replies) I'm to old now and can't do anything now. (Read 1764 times)
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I'm to old now and can't do anything now.
Mar 16th, 2025 at 10:36pm
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Hi all.I'm old dog back again.I was member of ASSRA from 1985 till 2022.Have made some posts over the years also sold some thing from time to time,shot some of the postal matches to.I'm sorry to say I have to sell all my guns and shooting things that I used all my life and it's going to be a hard project to get done because I've got a lot of stuff that has to go.Has anyone got some good ideas how to get it all done.
  
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bpjack
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Re: I'm to old now and can't do anything now.
Reply #1 - Mar 16th, 2025 at 11:27pm
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I see several options.

1. Sell your stuff here or on eBay or for Guns and ammo - Gun Broker.  More work but more money

2. Find someone who will do that for you and take a percentage. You should get a good return if the seller is experienced and has a good reputation.

3. Sell everything in one lot.  Quickest but least amount of money.

Just realize that run if the mill single shots are not bringing very good prices these days.  High end and all original ones can bring good money at some auction sites or possible here.

Jack
  

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I haven’t lost all my marbles yet but there is definitely a hole in the bag somewhere.
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Re: I'm to old now and can't do anything now.
Reply #2 - Mar 17th, 2025 at 12:08am
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Jack covered it well.  I buy and sell estates as a business, so I'll give you a couple more insights, from my perspective.

First, don't offer anything for sale until you have it all sorted and organized, to the best you can in the space you have.  Here's my rationale; I see this a lot.  People want to clear out stuff, and go pick out a few things and list them.  Interested parties come to buy, and ask if you have anything else.  You show them the stuff, they pick out a few things, make a pile, and make you an offer.  THAT OFFER IS ALWAYS VERY LOW, AND THE STUFF THEY PICK OUT IS THE MOST SALEABLE/VALUABLE.

After two or three people do this, you find the remaining stuff is very hard to sell.  You get discouraged.  You hire an estate seller, and they come and look and you tell them about the stuff you sold.  They tell you that they can sell the rest, but you gave up most of the value for a low price in the stuff the pickers already took.

If you are able, sell it all yourself for the greatest return.  Sell the rifles alone, and the accessories separate.  Buyers want the accessories for free or cheap if you group them.  Sell on ebay and gunbroker for the best prices and least problems.  Don't sell out of your house to people that come over, and unless you really want to help personal friends, don't sell to acquaintances.  Some of them will be scoundrels and rob you blind.

If you want to sell easily and for a fair price, I'd suggest contacting Joe Dobrzynski and see if he would take it on.  He does a great job of selling on both ebay and gunbroker, as well as here on the ASSRA forum.

If you do want to sell as a lot, take a good inventory, and ask buyers to give you a breakdown, at least of the high value items, and of the reloading/ammo/small stuff as groups or lots.  That gives you a way of evaluating the fairness of the bid.  Don't expect to pick and choose what you sell to them based on their breakdown, lot buyers make their money by the law of averages, they win some and lose some, but if you choose which pieces you sell, they will want to give a lower price for the lots you sell to them.  Get two or three bids on the inventory, and compare them before you make a decision.   

Not to be too self serving, but if you want to sell as a lot, I'd give you a bid, if there's enough to make it interesting to drive cross country.  I've done that before.  My wife would like to go to NYC, so that would be an incentive, too!
  
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Re: I'm to old now and can't do anything now.
Reply #3 - Mar 17th, 2025 at 12:14am
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One last note, and a slight contradiction of what Jack said.  

One lot sales can be very good, not just for ease, but for dollar value.  

A consignment seller typically takes a commission of 30 or 40% after ebay/gunbroker fees, sometimes even up to 60%.  If the merchandise is good, a lot buyer may offer that or more.  On easy to sell, high value stuff, I sometimes pay as much as 80%.  That's the reason why I said get multiple bids, and a detailed breakdown.  You want to find a fair buyer, not one that is trying to lowball you.  

Another thing to watch is that commission sellers often overestimate what they'll get from the lot.  Then, when they come in short, you have no recourse.  I can't tell you how many times owners have got back to me after they went with a commission seller, and told me they came in way short and would have been better off to take my bid.  Like with the lot buyers, get more than one estimate from the commission sellers, and preferably with a breakdown, similar to what you would get from a lot seller.  That again gives you a way to compare and evaluate the estimates.
  
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Re: I'm to old now and can't do anything now.
Reply #4 - Mar 17th, 2025 at 8:01am
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You might think about getting the guns to Rock Island Auction. Friend of mine thinned his safes down and was very happy.
The rest of it, get a gunshot table and sell it, or post the list at your local club.
  
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Re: I'm to old now and can't do anything now.
Reply #5 - Mar 17th, 2025 at 9:29am
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I heard a horror story about Rock Island where they sent out a representative who inventoried the mostly Stevens collection while occasionally commenting that he might want to bid on one or the other. Some had no serial numbers. In the end not all rifles were accounted for and the seller figured he lost $$$$

Dave had a point about someone taking a commission. I wouldn’t pay over 20% .
There was a gun store owner here in Olympia that took 20% but his reputation and expertise were worth it. He sold hundreds of guns early on on Auction Arms and always started his auctions at a dollar. He said that he got more lookers that way and eventually good prices. Ron Heilman said that too. I have been too chicken to try that. 
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Re: I'm to old now and can't do anything now.
Reply #6 - Mar 17th, 2025 at 9:51am
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With health issues I liquidated my collections.

I sold most items at Gun Shows over a three year period- mostly accessories, ammunition, powder, bullets, cases, primers, lube, loading equipment etc. but had people leave their contact information and bought rifles I had displayed later if not bought on site.
Better yet I won $2,000 on the 50/50 at one of the gun shows.

Most of my rifles I sold over online gun auctions in Canada which are GunNutz and GunPost. Not sure of American's similar websites.
Checking these sites also helps you to evaluate the correct price to sell your equipment for.

This resulted in the greatest value received since I was not paying a precentage to Auction Companies to sell my rifles on consignment or having someone try to buy it as a lot deal so they could resale and make a profit.

Do not list your stuff too low because everyone will want to negotiate a lower price.
« Last Edit: Mar 17th, 2025 at 10:08am by Schuetzendave »  
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Re: I'm to old now and can't do anything now.
Reply #7 - Mar 17th, 2025 at 10:46am
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Some or many auction houses have a sliding scale they charge the seller on things that sell for less than their minimum, so sending everything to an auction house might make decent money IF it's all valuable stuff. But items under $1000 will result in charges of as much as 50% to you also, so need to be careful what gets sent to an auction house.
I agree that for the vast majority of us hauling it to a gun show will result in the biggest money maker, as just a table rental for the seller, and buyers know there's no premium to pay so whatever the price is will be their price alone. A fair amount of work, but I think it's worth it.
  

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Re: I'm to old now and can't do anything now.
Reply #8 - Mar 17th, 2025 at 10:59am
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Another problem I see with Internet information is most people who want to sell something Google it and see asked prices ( which are often wildly optimistic) or examples of pristine original rifles which is not typical of what most people have and shoot.  Top prices are for the virtually new, untouched, 98-100% original finish at well publicized auctions.  A 90% original finish, unmodified rifle is probably worth 1/2 the best example price.  Then there is all the time and expense involved in advertising and shipping and auction fees.

The point I'm trying to make is for realistic pricing expectations.

We had a shoot yesterday where an older gentleman had a Winchester 52B with "most" of the iron sights.  About 90% bluestock comb, butt plate had both been modified and 2 holes drilled in the bottom of the forend for a rest bar for our style of matches.  He ask me what I thought it was worth.  I told IMHO, as a shooter and as a local sale about $700.  It's a shooter, not a collector rifle.  He thought I was crazy.  He had seen model 52's advertised for sale for $1400-1600.  Google was not his friend.
  

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Re: I'm to old now and can't do anything now.
Reply #9 - Mar 17th, 2025 at 11:25am
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Lots of very good advice from the preceding comments.

I'll throw in my two-bits worth:
1.  Don't panic.  Take your time if at all possible.
2.  Know today's value of what you have.  Not what you paid for it.  It may have been top of the line then, but not now.  Or, it could be a collector's item worth more than you paid.
3.  Be careful of "friends."  I purchased a rifle from a lady that had been her husband's favorite hunting rifle.  She discovered it  a couple years after her husband's (drinking) buddies had gone through his stuff and cleaned her out (including the booze).  I gave her more for that lone rifle than she got for all the other guns and stuff.  Don't even get me going about church friends...
4.  Good luck my friend.  I should be doing what you're doing.
  

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Re: I'm to old now and can't do anything now.
Reply #10 - Mar 17th, 2025 at 12:21pm
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I knew a guy who went to work for Amoskeag Auction as a kid working as a runner and general in-house butt boy. He stayed with them and after years and long hours became an expert on Winchester bolt rifles and rimfires and S&W. I never heard of any in-house employee bidding or buying lots as this was considered a serious conflict of interest. 

He pointed out to me years ago that most people with small lots and not big valuable collections come to them for convenience and security. Sellers were often ill owners, widows or family. Larger submittals, figuring that after the house takes their bite they will get less than they hoped for. But my friend’s argument was that their appraisal services are best in the country and almost all of the heavy hitter bidders/buyers never deal with Gun Broker or similar services as they don’t trust their listing details or condition evaluation. That given the right guns or collections the seller can actually realize more than anticipated as serious deep pocketed collectors are more concerned with filling in a collection hole than price. That you can save money bringing your guns to them.

My Uncle passed thirty-five plus years ago leaving my Aunt about twelve beautiful Italian and Basque made shotguns, nice Winchesters and two handmade Pachmayr rifles. The auction house came to her house, inspected them and gave her a provisional value. When she agreed they came back, wiped and wrapped the guns, boxed them, gave her a receipt with their value plus 20% and had them shipped with a bonded carrier. When it was over she realized about 10 to 15% more than she and trap shooter friends figured on. Not saying you or anybody should or could expect such results but it’s possible and more so with high quality or rare pieces. So if this interests you I’d make out a full complete inventory with all the numbers and features and make a call or two and see what comes up. Good luck

Rick

« Last Edit: Mar 17th, 2025 at 12:30pm by burntwater »  
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Re: I'm to old now and can't do anything now.
Reply #11 - Mar 17th, 2025 at 2:05pm
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Oh and I forget the most important thing. I you have any high wall stuff keep me in mind.   Grin

Jack
  

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I haven’t lost all my marbles yet but there is definitely a hole in the bag somewhere.
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Re: I'm to old now and can't do anything now.
Reply #12 - Mar 17th, 2025 at 2:48pm
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bpjack wrote on Mar 17th, 2025 at 2:05pm:
Oh and I forget the most important thing. I you have any high wall stuff keep me in mind.   Grin

Jack


bpjack just said what we were all thinking; except it's Stevens for me.... Smiley best of luck selling your stuff. 
  
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Re: I'm to old now and can't do anything now.
Reply #13 - Mar 17th, 2025 at 2:59pm
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The point Burntwater brought up and a lot of us have missed and/or glossed over is that professional services can easily make up part or all of their fees by getting higher prices.

To illustrate this, I look at my own records (just been doing my taxes, fresh in my mind).   

My margin on estates that I bid on is about 20%.  My margin on items I buy individually from sellers that price it themselves is over 50%.  I keep subbooks to track this, have 3 years of data to support it.   

Sellers both underprice and overprice stuff.  A lot of sales, 90% of the stuff is priced 25% or more too high to sell.  But, 10% of it can be grossly underpriced.  Just lack of market knowledge.  As a picker, I only buy from the underpriced 10%.  As a lot buyer, I price out everything and give a bid that I expect will be taken, but that will give me a decent profit.   

A good commission seller knows their market, and prices as close to 100% of market value as they can.  They don't leave any of that 10% underpriced stuff; and the added value from that, along with the assured sale of all the rest can easily pay for their fees, compared to the owner selling it themselves.

I would hate to go to a single gunshow and expect to sell an estate worth of reloading and gun stuff for anything resembling full value.  It might take 10 shows to sell it all for full value.  Or, sell it all at one, for 70% of full value.

Speaking of this, I just got a text while I was typing this (odd coincidence) to go look at and bid on a reloading estate.  So, off I go!
  
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Re: I'm to old now and can't do anything now.
Reply #14 - Mar 17th, 2025 at 8:05pm
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Over a 20 year span I’ve sold 1100 items including 300 new & used firearms, mostly Browning & Winchester 1885 BPCR.  The non-firearms were sold on two sites, eBay & this forum.  The firearms were sold initially sold on GunsAmerica then GunBroker, but I switched to Guns International the last few years.  The most successful site is Gunbroker, but they get around 4% (about $80 on a $2000 firearm.  Guns International only charges $23 for a listing & has been a very successful for me.  When selling non-firearms, I check the current selling price from sellers such as MidwayUSA & other reloading sellers such as RCBS, Redding, Hornady, Lyman etc., then price the item at 50 to 75% of the retail price depending on the condition.  To determine a good sale price for firearms, GunBroker is the best source, but don’t use the current listing prices. Check the sold listings to find out what the firearms actually sold for.  Then I list the firearm on Guns International.  Also, you need to work up a good description & take good photos, which I do for all non-firearm & firearm listings.

Wayne
« Last Edit: Mar 18th, 2025 at 10:54am by texasmac »  

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