Came across a flier advertises an estate sell next Sat, and about 20 guns are listed among other things. Has anyone here ever picked up really good deals on guns at these, or do they usually attract enough people to ensure a fair market price will be obtained? What about the transfer? 4473 required? Nothing on the flier indicates this. Several Belgian Brownings listed beckon me, but I must resist the S&W M41....
Ever bought guns at estate sales?
- Thread starter Futo Inu
- Start date
Futo, I guess the paperwork issue would depend on where you live. At the federal level, 4473's are not to my knowledge required for private transfers...yet.
A few years back a neighbor went to a rummage sale. An old guy had a fully operational Czechoslovakian belt-fed, tripod-mounted machine gun for sale. He didn't know it was illegal to sell until the cops showed up. Wish I'd found out about it before. Of course, I would have welded the barrel
.
Dick
Want to send Bush a message? Sign the petition at http://www.petitiononline.com/monk/petition.html and send the link to every gun owner you know.
A few years back a neighbor went to a rummage sale. An old guy had a fully operational Czechoslovakian belt-fed, tripod-mounted machine gun for sale. He didn't know it was illegal to sell until the cops showed up. Wish I'd found out about it before. Of course, I would have welded the barrel
.Dick
Want to send Bush a message? Sign the petition at http://www.petitiononline.com/monk/petition.html and send the link to every gun owner you know.
if its a private sale than its a standard private long arm transfer
if its an Auction:
K. AUCTIONEERS
(K1) Does an auctioneer who is involved in firearms sales need a dealers
license?
Generally speaking, there are two types of auctions: estate-type
auctions and consignment auctions. In estate-type auctions, the articles to
be auctioned (including firearms) are being sold by the executor of the estate
of an individual. In these cases the firearms belong to and are possessed by
the executor. The auctioneer is acting as an agent of the executor and
assisting the executor in finding buyers for the firearms. The firearms are
controlled by the estate, and the sales of firearms are being made by the
estate. In these cases, the auctioneer does not meet the definition of
engaging in business as a dealer in firearms and would not need a license. An
auctioneer who has a license may perform this function away from his or her
licensed premises.
In consignment-type auctions, an auctioneer often takes possession of
firearms in advance of the auction. These firearms are generally inventoried,
evaluated, and tagged for identification. The firearms belong to individuals
who have entered into a consignment agreement with the auctioneer giving that
auctioneer authority to sell the firearms. The auctioneer has possession and
control of the firearms. Under these circumstances, an auctioneer would
generally need a license.
An auctioneer who buys firearms for purposes of resale will also need a
license.
(K2) If a licensed auctioneer is making sales of firearms, where may those
sales be made?
Firearms may be displayed at an auction site away from the auctioneer’s
licensed premises and sales of the firearms can be agreed upon at that
location, but delivery may only be made to purchasers after the firearms have
been returned to the auctioneer’s licensed premises. The simultaneous sale
and delivery of the auctioned firearms away from the licensed premises would
violate the law, i.e., engaging in business at an unlicensed location.
However, if the auctioneer is assisting an estate dispose of firearms, the
estate is the seller of the firearms, and the estate is in control and
possession of the firearms, the firearms would not have to be returned to the
licensed premises prior to their delivery. (See also Question K1.)
if its an Auction:
K. AUCTIONEERS
(K1) Does an auctioneer who is involved in firearms sales need a dealers
license?
Generally speaking, there are two types of auctions: estate-type
auctions and consignment auctions. In estate-type auctions, the articles to
be auctioned (including firearms) are being sold by the executor of the estate
of an individual. In these cases the firearms belong to and are possessed by
the executor. The auctioneer is acting as an agent of the executor and
assisting the executor in finding buyers for the firearms. The firearms are
controlled by the estate, and the sales of firearms are being made by the
estate. In these cases, the auctioneer does not meet the definition of
engaging in business as a dealer in firearms and would not need a license. An
auctioneer who has a license may perform this function away from his or her
licensed premises.
In consignment-type auctions, an auctioneer often takes possession of
firearms in advance of the auction. These firearms are generally inventoried,
evaluated, and tagged for identification. The firearms belong to individuals
who have entered into a consignment agreement with the auctioneer giving that
auctioneer authority to sell the firearms. The auctioneer has possession and
control of the firearms. Under these circumstances, an auctioneer would
generally need a license.
An auctioneer who buys firearms for purposes of resale will also need a
license.
(K2) If a licensed auctioneer is making sales of firearms, where may those
sales be made?
Firearms may be displayed at an auction site away from the auctioneer’s
licensed premises and sales of the firearms can be agreed upon at that
location, but delivery may only be made to purchasers after the firearms have
been returned to the auctioneer’s licensed premises. The simultaneous sale
and delivery of the auctioned firearms away from the licensed premises would
violate the law, i.e., engaging in business at an unlicensed location.
However, if the auctioneer is assisting an estate dispose of firearms, the
estate is the seller of the firearms, and the estate is in control and
possession of the firearms, the firearms would not have to be returned to the
licensed premises prior to their delivery. (See also Question K1.)
Yep, bought a Colt Woodsman once from an old neighbors estate sale. Ended up paying just about the going price for it after the dust settled. I only wanted it as a keepsake to remember the guy, he was always nice to us when we were little critters
FWIW, I can't stand to try to buy guns at auctions, they always seem to go for more than their worth, sometime *way* more.
FWIW, I can't stand to try to buy guns at auctions, they always seem to go for more than their worth, sometime *way* more.
We've bought several guns through estate sales. Around here, a lot of people show up for them. Sometimes you get a good deal, other times not. You just have to know what a good deal is before you go. The bidding gets going and people get auction fever, soon they are paying more for an old, used gun than they would for one just like it brand new. Know your prices and don't get carried away.
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Refuse to be a "helpless" victim.
Knowing Your Rights WAGC in Indiana
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Refuse to be a "helpless" victim.
Knowing Your Rights WAGC in Indiana
As my old Pappy used to say (he runs a gun shop in MN), "Sometimes you get good deals, and sometimes you get dealed".
Not very pithy, my Pappy, but...
He goes to all the auctions/estate sales that advertise guns. Usually he finds stuff going for too close to "perceived" value to bother bidding, but he specializes in picking up boxes of gun parts for pennies and building guns out of the junk (gotta love "...but I just took it apart to clean it...").
Like others said, know the Blue Book value, handle the guns if you can (saw a guy get a nice Colt 1911 for $300, then try to rack the slide after paying for it only to discover the frame was broken), and don't get carried away.
Deals are out there, just not as easy to find anymore.
Alex
Not very pithy, my Pappy, but...
He goes to all the auctions/estate sales that advertise guns. Usually he finds stuff going for too close to "perceived" value to bother bidding, but he specializes in picking up boxes of gun parts for pennies and building guns out of the junk (gotta love "...but I just took it apart to clean it...").
Like others said, know the Blue Book value, handle the guns if you can (saw a guy get a nice Colt 1911 for $300, then try to rack the slide after paying for it only to discover the frame was broken), and don't get carried away.
Deals are out there, just not as easy to find anymore.
Alex
I've seen a lot of guns at estate auctions and bid on a few. But I've never won a bid because, like Nukem's experience, they always seem to go for more than they are actually worth. I always take my Blue Book with me when I know a gun will be auctioned. This has saved me a lot of money because I might have turned out to be one of those bidders that does bid too much and would have regretted it when I got home.
As for the 4473's, the auctioneer always lets you know in advance that the guns less than 100 years old will be available at a local gun shop where you have to fill out all the forms. If the gun is over 100 years old, you can take it with you.
As for the 4473's, the auctioneer always lets you know in advance that the guns less than 100 years old will be available at a local gun shop where you have to fill out all the forms. If the gun is over 100 years old, you can take it with you.
William R. Wilburn
New member
15 or 20 years ago a local good old boy passed on. Coroner discovered lots of WW2 weaponry laying around his abode. The Sheriff's Department now owns a Browning .50 on a tripod mount. Didn't even make the newspapers back then.
Can anyone say: Barricade situation?
-William
Can anyone say: Barricade situation?
-William
Take a copy of The Blue Book with you. I was at one about 1½ years ago, and passed on a couple items 'cause it seemed the prices were getting a little out of hand. As it turned out, they actually sold for about half what they were worth 
but I didn't know that at the time. OTOH, if you're in a position to actually eyeball the items ahead of time, you can go in with the foreknowledge you need.
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"...and he that hath no sword, let him sell his garment, and buy one."
Luke 22:36
"An armed society is a polite society."
Robert Heinlein
"Power corrupts. Absolute power - is kinda cool!"
Fred Reed
but I didn't know that at the time. OTOH, if you're in a position to actually eyeball the items ahead of time, you can go in with the foreknowledge you need.------------------
"...and he that hath no sword, let him sell his garment, and buy one."
Luke 22:36
"An armed society is a polite society."
Robert Heinlein
"Power corrupts. Absolute power - is kinda cool!"
Fred Reed
Rocky Road
Retired Screen Name
Seldom get good deals at estate sales but - - - -
Got an nicely customized, old model Ruger Super Blackhawk for less than what owner must have paid to have barrel cut and crowned and the grip frame replaced. ($75)
Paid $200 for an as-new Colt 20-ga autoloader, mfgd by Franchii and pictured with serial number ID in The Book of Colt Firearms.
Colt Officers Model Special target revolver in VG cond for $125--probably wasn't worth more than $200 at that time.
Most recent of above took place over seven years ago--no such luck recently, but I keep hoping.
RR
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---The Second Amendment ensures the rest of the Bill of Rights---
Got an nicely customized, old model Ruger Super Blackhawk for less than what owner must have paid to have barrel cut and crowned and the grip frame replaced. ($75)
Paid $200 for an as-new Colt 20-ga autoloader, mfgd by Franchii and pictured with serial number ID in The Book of Colt Firearms.
Colt Officers Model Special target revolver in VG cond for $125--probably wasn't worth more than $200 at that time.
Most recent of above took place over seven years ago--no such luck recently, but I keep hoping.
RR
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---The Second Amendment ensures the rest of the Bill of Rights---