Question from Steve: I have several handguns that I’m considering selling.
What’s the easiest way to find an approximate value that would be fair to both me and the buyer?
Comment from Bill Caffrey, HCA Editorial Advisor: The easy way is to use the Blue Book of Gun Values, available at most bookstores or at your public library.
This will give you a fair guideline as to what each gun is worth. Once you decide on a reasonable value, you can call up a few gun shops and ask them what you should expect to pay for an example in very good condition.
The phone call helps you gauge whether your region of the country has
average prices that are higher or lower than “book value.”
If that’s too much work, go to Gunbroker.com and/or Auctionarms.com
online and search for the guns you’re interested in. List the prices
actually being paid, not just the bids (or the “buy it now price”).
Toss out the high and low prices, then average the remainders.
Gun prices are based on the make, model, caliber, age and condition of the gun.
Models made in different calibers will probably have their own values
that can be higher or lower. Condition (Exc, VG, Fair…98%, 95%, etc)
can heavily impact the price of some guns. Be sure you’re comparing
guns in similar conditions.
Hope that helps,
Bill
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