Smith & wesson .44 mag model 29-3 1982?

[reddoginga]

So as some of you know from my other recent posts, my father recently passed and we are trying to organize and figure out what all he had, ( he had multiple hobby's)
so This is a Smith & Wesson .44 mag model 29-3 6 inch barrel (I think you just measure from the tip to the front of the gun back to the cylinder right?)
from A Google search
Smith & Wesson Model 29 - Wikipedia

it looks like it would be a 1982 year gun, is this correct? This is going by when it shows the 29-3 was made. I would like to sell this gun, and trying to figure out the best way to do it.

if i was to list it on here i guess i could say local sale only cash and you must show me your Conceal carry permit? So i know your legal to have a gun.
If i was to sell here or on gun broker I have to have a FFl dealer local to me to take it to to ship for me? and pay them or i can just ship to the buyers FFL they choose and its up to the buyer to pay on thier end the FFL person? I have Zero clue how this stuff works. really need to step by step info.

I have messaged the owner here and he said he had to many guns right now, he told me his % for selling guns. I guess finding someone to just sell these would be easiest but with there fee not the most profitable.

Is there much to apply for your FFL ? other then paperwork and paying for it? If i understand right its $200 not sure how long takes to get it, i wondered if i be better off to get my FFL then just selling the guns later. But the money from a couple would really come in handy now. Dad never got cheap guns and all of his seem worth some money. there is what looks like this same exact gun listed right now with 7 bids for right at $800

Thanks

 

[murphydog]

Sorry to hear of your father's passing.

You need to know your state laws about face-to-face gun sales. Doing it in a fairly secure area with a friend along is a good idea - take a photo of the buyer's ID and get and give a copy of a bill of sale too.

Knowing what it is worth by completed online auction sales beforehand is also a good idea and it appears you know that. If you can give us the three letter SN prefix we can tell you how old it is, but its condition (rather than age) is the main influence on its value.

You can send guns as an individual directly to a buyer's FFL but at high cost, by UPS or FedEx overnight ($100 or so). A better option is to find a local dealer who will send it to the buyer's dealer. The dealer will charge you a transfer fee for using his FFL along with shipping, but that is at the seller's cost (make sure you know that figure if you list it for sale here).

I suspect becoming an FFL won't be necessary for this. There are all sorts of rules and regulations about this, and unless you are responsible for a huge number of sales letting an FFL handle this would be much easier.

 

[buck460XVR]

As murphydog said, completed auction sale prices from several similar guns, is a good way to get a legitimate value. Condition of blued guns makes for a good part of value, so how dad took care of his guns is just as important as what he bought. If you are going thru settling the estate, your lawyer should be able to advise you as to what you need to do to sell them. While a regular FFL may charge for selling the guns, in the long run, it may provide you with the fastest and most economical way to get rid of a large collection, especially for someone who knows little about firearms and their sale. Are you the executor of the estate or selling your inheritance?

 

[OldChief]

Yes, you have a 6" barrel. It's measured from the end of the forcing cone (where the bullet enters the barrel) to the end of the barrel. I just got a 29-3 back from Smith after having it re-blued. It was a rust and crud example when I purchased it for 450 (out the door). You can check it out on this forum as I just posted pictures a few days ago.

 

[reddoginga]

Thanks all, I went to a local gun shop today and talked to the owner, he seems very nice and honest, I think im going just take them to him and see what he offers, he said he could or would make me a offer on a couple of them and the ones he wasn't interested in or if i don't like his offer price of it he can put them all on consignment and sell them for me, he gets 15% of the final gun sales for selling. and he does all the paper work.
I plan to talk to another shop to see if his fee is any less or not.. I am not sure if a store in a more popular place would help sell for more/faster or not. He said he sells on gunbroker if he doesn't get much interest in the store.

 

[OldChief]

If you go the consignment route, 15% is a fair fee. Here in CA most dealers charge 20% or 25%.

 

[reddoginga]

If you go the consignment route, 15% is a fair fee. Here in CA most dealers charge 20% or 25%.

Thanks for the input.. Yeah I am sure maybe more populated shops might charge more maybe. This is all new to me.

 

[OldChief]

I just looked at a large version of the picture you posted of the 29 and it looks like it's in real good shape. You mentioned in your profile that one of your interests is guns. This model is a real nice revolver to shoot, why don't you keep it yourself? If it's the .44 Magnum that's turning you off, you can always shoot .44 Specials through it. I collect S&W revolvers and right now have 3 .44 Magnums, a 29-2, 29-3 and a 629-6 in my collection. I shoot .44 Specials through them most of the time and really enjoy the results I get. Just food for thought.