Is it wrong to sell my stuff for an insane offer?

'Value' is all about individual situation and priorities.

Lets say you were a fellow who didnt have a semi auto rifle to use for defense of family/home in case of economic turmoil and civil distubance. (Flashback to riots where the Korean shopkeepers carried rifles to ward off looters tilll the situation stabilized.) You'd been 'thinking about it' but hadnt gotten around to getting one. Then the recent school shooting took place and now you can't find what youre looking for anywhere in local shops.
You don't care about the extra money you may have to pay to get the rifle; that money means less to you than having the means for self defense. (And in his mind, he may even think "Thanks buddy, for selling me your rifle. You may regret that you didnt have it someday, but I cant be concerned about 'taking advantage of you' - I have a family & home to protect.") None of us have a crystal ball to know what the future may bring. If you decide to sell it, get what you can from it and put it into things that are personally valued by you.
 
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I did it (sort of) and feel fine about it.
Immediately after the election, LGS owner decided to lay in every AR he could get his hands on.
I got in for 5 in the deal. Made $2500 in 7 weeks time.
A pleasant change from my "buy high - sell low" paradigm!
Never had an AR, nor any desire to.
If and when the zombie apocylapse happens (today?), my M1 is at the ready.
 
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A fool and his money ...

A fool and his money ...

Looking through local area classifieds I see used shotguns for sale at prices higher than Wal-Mart, Dicks, and Gander Mountain.

One fellow is currently trying to get $350 for a Remington 870 Express. A couple of months ago he sold me a NICE one for $200.

Dicks has had 870 for $289 ($259 after the $30 rebate) in recent ads.
Current ad is $299 ($269 after $30 rebate)

Bekeart
 
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As long as you aren't misrepresenting condition, or concealing any problems, then you can accept an offer with a clear conscience...especially if someone approaches you and makes an offer unsolicited. If someone wants to buy something that I own, and it is more than I paid for it, I would have no problem accepting it. Now, if I didn't think the person knew what he or she was doing, I'd hopefully be honest enough to tell them.

I've never had this situation occur, though...my normal modus operandi is to buy high and sell low. :o
 
Generic 223 ammo - if any can be found - hit at least a dollar a round. I need to do a complete inventory today. Ammo for the 308 has also started to dry up.
I figured that if I do sell I can still lay in a thousand rounds of 30-40 Krag....shortly Krag ammo may be cheaper than 223.
 
If you have outstanding credit card debts I would recommend liquidating whatever you can to get those taken care of. Whether that's guns or other possessions doesn't matter much to me, but I am not the type of guy that is comfortable letting a credit card build interest.
 
After the 1994 ban I sold a bunch of rifles including Belgium FN-FAL's, H&K 91 and 93's, Norinco, Poly Tech, Hungarian, Bulgarian and original Egyptian AK-47's. All of these were original and not parts guns with "target thumbhole stocks." I made a very nice sum of money. I now wish I had hung on to some of them. Most of these today would bring at least five times what I sold them for and I did enjoy shooting them. I saw dollar signs and honestly shouldn't complain because I did make a nice profit. Hindsight is an ugly thing. :(

The problem is you can't get some of them (original) anymore and the money has been spent. I did the same thing with some Smith & Wessons but have now been able to replace the ones I sold. At present I only buy.That's my two cents worth and worth every bit it cost you. You have to do what is right and best for you and your situation.
 
Goner Colt AR-15

I have a Colt AR-15 Carbine that I bought right the election during the "panic of '08". I Don't like them and really didn't want one, but when they said I couldn't have one, (didn't happen) I wanted one.

A friend of mine who has a gun shop & sets up at gun shows gave me a really great (for than) deal on a NIB Colt AR-15 Carbine (Mod 6920 IIRC).
Another friend's son who is Really into black guns, disassembled, degreased, cleaned, lubed & reassembled it. It went in my safe where it still resides, never fired.
I saw the guy that I bought it from at a gun show about 3 months later and he had the same guns for $200. less. Then about 4 months later a friend of mine sent me an e-mail of a Gunbroker auction where the same gun Sold for $500. less than I gave for mine. I told most of my friends at the gun shows that I had single handedly killed the black gun market by buying one.
About 4 days ago I began to get phone calls from friends of mine who know the I have and don't like that gun. I was supprised when I saw at ALL of the LGS's had sold ALL of their AR's & .223 ammo. A week ago, I don't think that I could get my money back on that gun, now my LGS said after they ran out of AR's they were offered $4k+ if they could find one. ?????

I was thinking of running an ad here on the fourm "Colt AR-15 Carbine NIB Mod. 6920. Trade for best S&W RM or Pre-War S&W offered" (I doubt that I will though.) One thing I do know for sure is, if I can sell it for what the LGS says they are going for, It's a goner & Hello David Carroll. ;-)

Art
 
I thought we were taught "buy low...sell high" since we were 1st able to understand finances. :-)

The buyer obviously feels he is getting a value for the money he is spending.
 
Personally, I no longer sell or trade any of them. Too many times, even many years later, Ive looked back and ended up regretting getting rid of something. This has even happened with guns I thought I had 'absolutely no interest in' at the time I got rid of them.
 
I am held back because I feel like I would be taking advantage of someone.
Click to expand...

The buyer made the offer,with their eyes wide open. If someone is willing to overpay for an item I see nothing wrong with accepting their offer.
 
The irony is that what I thought was a high offer....was very lowball compared to what I see things selling for. So I inventoried up all my AR stuff and put a price on it that is still lower than the average highs. If it sells...it sells. I figured if it left us debt free when my wife retires from the Navy in 18 months then the ARs did their job.

Of course to hedge bets....my will part with price is the above number plus enough to buy 1000rds of 30-40 Krag ammo.
 
doublesharp said:
I've never considered profit to be a dirty word.
Click to expand...

Seems like lot's of people today think profit is a dirty word if someone
else is making one. Never them-selves of course, but always if someone
else dares to. That's why I always thought envy is the most ugly of all emotions...
 
You have a couple of issues to resolve. One is your guilt in perceiving you are taking advantage of someone. In fact, You are NOT. It doesn't matter what you paid for it or even what the market rate is... Something is only worth what a another person is willing to pay for it and what you are willing to sell it for. It is a commodity just like corn or gold. You also have to consider what it would cost you to replace it should you desire another. That is closer to the real value.

First however, you have to decide if there is any conceivable scenario you will need that gun and the additional capabilities it will afford you in the future. At that point in time they may not be readily available at an affordable price. There are considerable differences in firepower, weight, availability of ammo and other features to consider against what you mentioned as your fun & hunting guns.
 
Actually I think the main issue he is struggling with is can he live without the AR's and the mags:D
Lets see.....Mini 14 ranch....$750. Factory folding stock (old style).....$750. 5 factory 30 rounders.....$$300. 4 factory 20 rounders still in blister pack.....200.
1,000 rounds .223.....$1000. Williams peep sight....$75. Panic surcharge $1000. Let's call it $4,000.

Plus shipping :D

Not too far out of the ballpark :rolleyes:
 
When I browse the classifieds on the forums I frequent and see the prices I have to wonder if my Zavasta ak is something I could part with. My Colt 6920 and Arsenal ak aren't going anywhere but the zavasta....... Hmmmmmm. Hard call and one hat ill keep pondering a while longer.
 
You: "Someone offered me an insane amount of money for one of my ARs and some mags and ammo."

Me: "Did you take it?"

You: "No, I never shoot the thing and could use the money but I think I should hang to it."

Me: "That was the day two fools met."




Credit to whoever said it first...
 
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