All this talk about guns is enough to make a person’s head spin.
Every channel, every radio station, every newspaper, they’re all bound to have
something to say about guns. Whether it be gun violence, gun sales, gun
control, or gun rights, you’re bound to be bombarded by something. It goes from
gun rights advocates, to crooked politicians trying to spread their own version
of guns. It’s enough to make you cringe.
But the fact of the matter is the great American machine will
grind on. Thanks to those who defend constitutional rights we will have our
heritage, even if it is different because of those who have more tyrannical
notions in store for the American people. Let me first say, this is not a
political work. No doubt some of my views will bleed through, but I do not
intend for this article to be politically charged. Sadly, it’s hard to talk about
guns in this day and age without paying some attention to the political
polarization we so often see.
Simply put, there are politicians who are trying to disarm
law-abiding American citizens. I don’t see where anyone can deny this, but
there efforts have more immediate effects. Specifically, the price and trading
practices in the firearms market today. This article is written from
experience, and is not designed to deal with any more politics than is
absolutely necessary. Nor is it intended to make a bad name for gun dealers.
There are plenty of respectable businessmen out there who deserve positive
recognition. But, there is also a number of shady ones who would rake a
customer over the coals in any way humanly possible.
Buying, selling, and trading firearms is a fun way to enjoy the
outdoors, and shouldn’t be made into a partisan battle cry. Here
are just a few of my personal experiences in dealing with firearms, from the
good deals to the days I left the gun shop feeling like a new woman. The
following points are intended for the novice firearm owner so they may avoid
the simplest and most costly of mistakes. Existentially, if you are going to
give away two weeks’ worth of salary you should make sure it is money well
spent and invested it in something of a nest egg.
To kick off, I must say it’s the first responsibility of a gun
owner to care for and maintain their collection in a safe manner. Education is
key to being a safe gun owner. I know many people who have kept a rifle or two
in the corner of a closet for years with no issues. But times have changed and
what was once okay is simply not best practice any more. I encourage everyone
to spend some serious time on developing a secure way to store guns and ammo so
they are safely out of reach of young children, marauding thugs, and
disgruntled wives. If you find you need help securing your firearms you can
always reach out to your local Sheriff’s Department. Usually, they are a wealth
of knowledge about ways to safely secure your collection.
With the safety disclaimer done, I can start talking about the
business of buying, selling, and trading firearms. As a member of the working
public I have always had to live on a strict budget. Assuming there are many
like me who would clench their meager funds tighter than most anything else I
would state it is always the goal to put money in the best place as is
possible. When you’re converting money into firearms there are some simple
points that need to be observed. If you are the type who as the budget to
purchase some expensive pieces for your collection you may not get much from
this article. However, if you have a smaller budget I have some points that
will help you retain your posterior virginity when trading guns.
Ultimately, trading a gun begins when you first purchase a gun.
That is to say when you make your initial purchase you should have already
educated yourself on how this piece will hold value and how much demand it may
be in at a later time. If you’re shopping at Wal-Mart, Academy Sports, Dick’s
Sporting Goods, or any such establishment the odds are good the piece won’t
have a high resale value and you’ll be sitting on it for a long time before you
can recover your investment. These are the guns you buy to use, and use well.
They are built using the most efficient means possible so large numbers can hit
mainstream American retailers.
It never hurts to have one or two pieces like this in your arsenal
for use during the worst of conditions, but beyond that they aren’t the best
investment to build your collection. When trading them at a local gun shop, or
God forbid a pawn shop, the proprietor will no doubt grade them hard and offer
you a fraction of your initial purchase. These are the guns you keep and love
because they never let you down, and they are affordable enough to make a
hunting trip happen.
On the other side of that is the rare day a skinflint will
actually break down and spend some serious dough on a firearm. Even though the
price goes up the rules stay the same. Going into the deal you have to consider
how much the piece can be sold or traded for. An example is any of the hundreds
of thousands of people who have bought an AR-15. They’re fun to shoot, pricey
to acquire, and relatively hard to recover your investment unless you are
buying an older and more collectable model. Modern stuff with fancily made
furniture, insanely impractical optics, and mid-life crisis attitude simply
aren’t the best pieces to invest your money in. Still, you only live once, and
if such a weapon is boner-inspiring to you then drop the cash and enjoy your
Sunday afternoons at the range.
When making your purchase you also need to be weary of the dealer.
An associate at a big chain store may not care, but just as you are looking to
the future so is the dealer who is setting your purchase up. Face it, these
guys are in the business to make money the same as a car salesman. So they spin
a fine web about how good an investment a particular piece is, or how much
you’ll love shooting it. In the end, they’ve already sized you up and have a
reasonable idea of whether or not you’ll be trading the gun in or selling it.
Just as you want to bring a piece in to your collection under the right
circumstances, so do they want to put a gun on the market under the right
circumstances.
Essentially, it boils down to the age old rule of somethings value
will be different depending on if you own it or want to buy it. So a dealer
sells you a gun for what you feel is a fair price, even an outstanding price.
The truth is he gave a fraction for that piece when he brought it in to his
shop on a trade for a brand new firearm. That guy though he made out good too.
Dealers only make an average of thirty to fifty dollars on a new firearm
purchase. It’s the trade-ins and trade-ups that net them the most cash. So the
awesome price you just got actually made the dealer a fair sum of money, and
the cycle will repeat itself when you trade in the firearm.
Furthermore, you need to make sure to always buy a gun for the
right reason. That reason will vary from one person to the next and from one
budget to the next. However, it is reasonable to say that buying a gun for the
sake of buying a gun isn’t always the best course of action, unless you happen
to know it’s a once in a long-time kind of deal. Buy a firearm for an
investment, a hunting rifle for your child, a present for you from you to your
wife, or any other logical reason. But always avoid making a spontaneous
purchase. Odds are you haven’t done enough research and your wife may try to
shoot you with it. This is the voice of experience as I have faced both
scenarios.
So, when buying your new addition to your collection you need to
stick to your guns, no pun intended. If you’re in a situation where you can
make an offer you need to have a reasonable number in your head to present. If
the dealer accepts your offer you’re the proud owner of a new toy. If not then
you need to walk away. You need to be patient, as someone else will meet his
price, and someone else will meet yours. Somewhere over the rainbow there’s a
person who will have the gun you want for the price you’re willing to spend. Be
patient and you’ll find this happy fellow.
Another point on the buying end of firearm ownership is to do it
legal. There’s no point in making the purchase if you can’t legally own it,
transport it, use it, trade it, or resell it? Always know your local firearms
laws, as well as all the federal laws so you can make purchases that will not
land you in federal prison or cause you to lose the money you’ve just invested.
If someone pressures you to break the law you should be asking yourself what
they are up to if they are unwilling and unable to make a legitimate
transaction. Breaking this golden rule only compounds your woes as
now the only way to recover your investment is to sell the gun illegally after
you’ve purchased it illegally. This doubles your risk of being contacted by law
enforcement which will definitely blow any chance of making profit on your
transaction.
After you make your purchase there is the obvious task of
maintaining your piece. This could mean basic cleaning and care, to significant
restoration or modification. Basic care is easy, but to restore or modify a
firearm can be a big decision. I was personally faced with this when I took an
old Winchester 22 to be restored. The gunsmith said I may hurt the value by
having it done. I simply asked him to do the job anyways, as the gun had
belonged to my grandfather and value was of no concern to me as I would never
part with it. When all else fails, don’t hesitate to talk to a gunsmith or
dealer you can trust to get the best advise when making such a decision for
yourself.
Regarding modification, you need to be equally as cautions as some
modifications and additions will not be easily recovered. Once, I had an
opportunity to purchase a gun that was heavily modified. The gentleman wanted
over two thousand dollars for the piece, but there was simply not that much
value in all the used parts he was trying to pass of. Moral of the story, if
you’re going to tear apart a classic rifle you need to be prepared to suffer a
loss through depreciation. Generally, a piece like that should only be built if
you have a purpose for it and never intend to sell it.
How you store your collection is equally important. There are any
number of downloadable records you can keep serial numbers, and purchase prices
in. It also isn’t a bad idea to photograph each piece in your collection and
attach the photos to the register. This will also help in the event of a loss
due to fire or theft. This is a great tool in the event of a break-in, or if
you simply have owned a gun for a number of years and don’t remember where you
got it or what you paid for it. You should also store your collection where it
won’t suffer the effects of mold, mildew, rust, or fading. Keep you guns away
from children and pets so as to avoid unfortunate accidents and don’t store
loaded weapons.
Now we come to the hard part, which is parting with a piece of
your collection. So much can go right or wrong here it isn’t even remotely
funny. The first place to begin is to make sure you’re parting with a piece of
your collection for the right reasons. If an investment has matured and you’re
looking to increase the value of your collection then you’re on the right
track. If you’re desperate for money and need to liquidate some inventory,
you’re going to end up butt-hurt.
Many of the rules that apply to buying a firearm are the exact
parallel when selling. First and foremost is to do it legally. It’s never a
good thing to have your name attached to a firearm that was used to do bad
things by a criminal. Again, when you get that chap who wants to do a deal in
the gun show parking lot instead of at a legitimate dealer you need to tell him
to pound sand up his Jackson and get as far away from him as possible.
Remember, honest and legitimate firearms transactions are the best way to stick
it to the crooked politicians who have their own agendas.
When making a sale or trade you have to know the value of your
piece, and have a reasonable price in your head before you even get to the gun
shop or show. These guys do need to make money so don’t expect to get book
value, but have a good price to do some dealing on. Dealers sprout wood for an
uneducated and unprepared seller. I’ve literally seen a dealer like his chops
like a dog going after a ham bone when he was presented with an uneducated seller.
That day I saw an average working man sell a four hundred rifle for a whopping
one hundred dollars. Remember I said about posterior virginity? Well, this guy
walked away not even knowing to what extent he had just lost his.
If you’re relatively new to gun trading you may be wondering how
is the best way to get an idea of what you should buy or sell a piece for. That
really depends on who you ask. For buying a gun a dealer will tell you the book
value and for selling a dealer will tell you how much people will pay for a
piece. Notice how the cards are not stacked in your favor. The truth is the
price for buying and selling doesn’t change unless you allow someone to change
it. Basically, we’re back to the stick to your guns idea. If you don’t figure
out a price to stick to you’re essentially giving someone permission to bend
you over a barrel. I can’t speak for everyone, but I get nervous when I see a
gun dealer rolling a barrel around.
The best way to set a price for your firearm is to do a lot of
research. Really grade and fine tune the value of your gun. My personal
favorite method is to check the price on sites like GunBroker.com or
AuctionArms.com. This lets you see what people are actually paying. From there
you can average it out however you like. If you’re realistic with your numbers
you should be able to make good transactions that will allow you to grow your
collection. If you’re out of line with your numbers and don’t do enough research
you’ll probably loose in the end. Remember, you’re dealing with people who deal
with firearms on a daily basis and know exactly where the bear craps in the proverbial
buckwheat.
Now, with your research done and your price set, you venture out
to conduct your business. At this point it helps to deal with a reputable
dealer, who is respected and honest. Yes, they are out there. If you’re going
to a gun show, you have your number and research as a back-up. Same as with
buying, you need to be prepared to walk away when selling. If a dealer or
private buyer tries to give you some cock and bull story about why you’re
asking too much you simply need to walk away. Someone will meet your price
someday. Patience will keep you money in the right place.
You also want to make sure you are watching the news when deciding
on a firearm purchase. Let’s face it, with America’s current administration
there is more gun control done through the deception of making weapons illegal
as there is anything else. Has anybody else noticed what has happened to the
price of ammo since our current “leader” took office? As scary as it is to say,
we can no doubt expect similar changes as these same crooked politicians
relentlessly push their agendas. As you watch the news and see the efforts such
folk make you can begin to see the pattern in the firearm market, which
ultimately can tell you the most opportune times to buy, sell or trade.
So there you have it my fellow skinflinters. We Americans like our
guns, and we folk on a budget like to keep our money. Whether you’re a
collector or someone looking for firearms to use in the field the common goal
is to make good buying and selling decisions. We’ve all had our share of good
deals and bad, and hopefully you can learn from the ones I’ve shared with you.
We live in a time where firearms are hot items and hot topics. But making sure
you are buying well and selling well will allow you to get the most bang for
your buck. Always remember, being honest and legal is the best way to show up
those who scream for us to lose our 2nd Amendment freedoms. Please be sure to buy, sell, trade, keep
and bear responsibly and keep in mind that in the end you always want to keep
your money in a good.
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