Add a zero to those numbers and you'll be close.... $500-$750 is not unheard of for good examples. Condition drives the price.
What you were quoted stands as a perfect example of overt dishonesty.
Where to sell? It's a national/global market for collectable guns of that nature. You can sell it on Gunbroker at auction and realize it's value with fair ease.
Laws: There is an exception for firearms made before 1898: If you are certain that it was made before then, you can essentially sell it to someone in any state by sending it FEDEX (shipment is another topic, let's take that up if/when you actually need to send it to someone).
If it was made after 1898, the following rules are the basics:
You should only deliver it in person to a resident of your own state, complying with any state laws regarding same (let us know what state and some advice can be given there), or sent to a Federally Licenced Firearms Collector or Dealer, either of which would need to send you a copy of their license (FFL = Federal Firearms License) for any sales outside of your own state of residence.
This revolver is considered a "Curio or Relic" under federal law, and as such the buyer, if out of state, can meet the legal requirements by provding you a copy of their federal collectors license if they are not a true "dealer" in firearms. Sale to an unlicensed individual across state lines is a federal offense. Depending on the state, a face to face sale to a resident of your own state can be very easy (most states) or require that the buyer have a permit (few states).
Willie
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