Am I being lowballed?

[The Greg]

I sold some ammo for guns I don't own anymore, and while talking to the guy it came up that I was thinking of selling some other guns.My 29-2 nickel 8 3/8",and 29-2 nickel 6" are not nib but are not abused either. He quoted me out of a book at $550.00 to $575.00 each. I think I would hold onto them at that price. What do you think?

 

[snowman]

My opinion: I believe you could do better than that, especially given the inclusion of presentation boxes and tools.

Andy

 

[NMPinNYC]

From the shine coming off those revolvers, I think I now know what was inside the briefcase in the movie Pulp Fiction... your Smith handguns.

 

[Badquaker]

Sounds like wholesale, so he can flip them for a profit.

 

[StatesRightist]

I sold some ammo for guns I don't own anymore, and while talking to the guy it came up that I was thinking of selling some other guns.My 29-2 nickel 8 3/8",and 29-2 nickel 6" are not nib but are not abused either. He quoted me out of a book at $550.00 to $575.00 each. I think I would hold onto them at that price. What do you think?

That is about right, if he was a gun store trading you at wholesale. However, since he's an individual he's crazy. Those guns are worth $700-$750 retail where I'm at.

 

[perrazi]

i wouldn't sell them for that if they were mine. another 200-250 would be about right.

 

[pinduck]

Why not list them here in the classifieds at the price you think is right and see if they sell?

 

[Rule3]

I would seem they are worth more if the Nickle finish is excellent, but can't say from those pictures. Not saying they are not, but the pictures say nothing.

 

[rock doc]

YES...you are being lowballed. Add another $150 to $250!! I'm sure you can get what you want here at the classifieds.

 

[ralph7]

probably more than a whole lot of dealers would offer you.

 

[Sprefix]

Yes, and you would be better selling them on the forum for an honest price and to a person or persons that will appreciate them. JMO..., and $750 or abouts is what I think you could get.

 

[David LaPell]

I think he is least a $150 under.

Tell him the guns are $400 and when he whips out the money then tell him that is just the deposit.

 

[zoom6zoom]

Blue Book values are out of date before they reach the printer.

 

[forresth]

You suggested you wanted to sell, he gave you a number he'd buy at. The book sounds very out of date. Is he trying to scam you? maybe. Offer to buy some of his guns based on those values and see how he reacts

maybe show him this;
http://www.collectorsfirearms.com/admin/product_details.php?itemID=43242

 

[Hyperion]

I think $550 a piece is a great price; for me to buy them that is...

 

[Mickey D]

I'll take it. $600 ea.

 

[chud333]

That is about right, if he was a gun store trading you at wholesale. However, since he's an individual he's crazy. Those guns are worth $700-$750 retail where I'm at.

+1 what he said. All day long.....


chuck

 

[vytoland]

he just made an offer not a contract.....come back with $900 each and see how he reacts.

 

[Art Doc]

He's offering you the "I'll take everything you got for cash money right now" price. Yes, you can get more by holding on to them and advertising them and dealing with tire kickers and morons. What's more important to you, getting top dollar or getting paid on the spot and not having to deal with the inconvenience of selling?

 

[gkitch]

I think his offer is on the low end of "fair". Certainly not wholesale.
I'd rather have either gun than $600 cash though. Buying and selling is really all about what something is worth to those on either end of the transaction.