Reloading room estate sale: what's this stuff worth?
- Thread starter Ironheart
- Start date
To liquidate a large assorted lot like that would take a lot of time. I would expect that a lot price would be somewhat lower than the total for items being sold individually.
If it were in Ontario, I would suggest that the whole load be turned over to Switzer's auction. Get 75% of knock down sale price. Switzer has a large listing on his website right now. You can see how things have been catalogued and broken down into lots.
If it were in Ontario, I would suggest that the whole load be turned over to Switzer's auction. Get 75% of knock down sale price. Switzer has a large listing on his website right now. You can see how things have been catalogued and broken down into lots.
It will for sure take a lot of time and work to move, sort and sell! I bought a few smaller lots and those were already a lot of work and you are left with a bunch of stuff no one wants to buy.
Is there stuff you are interested in for yourself? If it's only for making a few bucks then put in some hours overtime at work or something.
From the small lots I bought I usually kept half and sold the other half to pay for it all. Looks like resale value of easily $1200.
Little bits and pieces not in the picture might add up. Shotgun components like hulls and wads look like a lot but there is no money in them.
Lots of value in the bullets.
If you try to get top dollar at gunshows or online it will take you years to get rid of it.
My quick $0.02:
Single stage and turret press: 150
powder throwers: 200
2 Mec's and other shotshell press: 265
Stack-on: 150
Shotshell primers (7000): 140
Books: 50
Bullets: 200
Lyman moulds: 250
Wood cabinet?
Lead round balls?
Powder?
Brass?
Lead shot?
All misc. bits and pieces?
Kind of sad that the fella had no relatives interested in a hobby he was obviously passionate about. I know in the end stuff is just stuff but not to leave shooting legacy to any family member is sad. My wife's great uncle gave me his Parker shotgun as no blood relatives were into shooting, a couple of them were pissed since they wanted it to sell not treasure as a family heirloom.
Simplest would be to send to an auction as others said. I have seen a lot of estate lots at online and in person auctions. Its a good way imo to get it moved. I have bought reloading room lots like these where every thing was tossed in boxes and it can be a mixed bag.
ipscgraz
CGN Ultra frequent flyer
There is a lot of money tied up here, if you were to buy it a piece at a time.
You might be well served to advise your friend that the estate will be getting pennies on the dollar if you try to sell it either piecemeal, or as a complete gathering of gear. And has been mentioned, it will take a very long time with possibility half the bits and pieces never being sold.
Lots of that stuff is heavy and shipping will be a deal breaker for bullets at least, and while there is some market in your locale, it isn't huge.
I hope you can get your buddy to see the problem...he might be thinking that the estate will realize $10, 000 or something and will be unhappy to have reality slap itself onto the table. Make sure he or siblings don't think you are taking advantage.
You might be well served to advise your friend that the estate will be getting pennies on the dollar if you try to sell it either piecemeal, or as a complete gathering of gear. And has been mentioned, it will take a very long time with possibility half the bits and pieces never being sold.
Lots of that stuff is heavy and shipping will be a deal breaker for bullets at least, and while there is some market in your locale, it isn't huge.
I hope you can get your buddy to see the problem...he might be thinking that the estate will realize $10, 000 or something and will be unhappy to have reality slap itself onto the table. Make sure he or siblings don't think you are taking advantage.
For the work involved and the limited info you got I would not got over $400-$500, There is some value but holy heck it will take you forever to sell it all. Think of it this way, Are you ready to sell each item individually and mail them off all to different addresses or meet different people a hundred times to get rid of the stuff. Logistical nightmare, and in the end you will make about $3 an hour for your effort.
Now if you reload and can use even a couple item it makes the lot a bit more enticing.
Now if you reload and can use even a couple item it makes the lot a bit more enticing.
Cameron SS
CGN Ultra frequent flyer
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- Ground Zero
So your friends family is looking to have you simply buy everything and be done? They don't want to shop around for a better buyer?
Is the furniture, steel and wooden gun cabinets included? Dude it would probably take you a whole weekend just to pack up all the stuff properly and load it into the trailer. A lot of that stuff wouldn't be worth the time it would take to catalogue and post it for sale, but there is enough good stuff in there that is worth while.
IF the furniture is included, then $1000 is more than generous. IF not the furniture, just the tools and bits, then not more than $500. Much more than that and you won't be getting properly paid for your investment into selling it.
Either way with some effort and sweat equity and some patience, you should be able to double your money by putting it all up on the EE piece meal.
Alternatively, as others have said, you can offer to take it all for free, and split the proceeds with them in some mutually beneficial agreeable. Put a deadline on it. Say you have 12 months or so to do your honest best to sell it all, and what you can't sell after a year you will simply own or dispose of.
Is the furniture, steel and wooden gun cabinets included? Dude it would probably take you a whole weekend just to pack up all the stuff properly and load it into the trailer. A lot of that stuff wouldn't be worth the time it would take to catalogue and post it for sale, but there is enough good stuff in there that is worth while.
IF the furniture is included, then $1000 is more than generous. IF not the furniture, just the tools and bits, then not more than $500. Much more than that and you won't be getting properly paid for your investment into selling it.
Either way with some effort and sweat equity and some patience, you should be able to double your money by putting it all up on the EE piece meal.
Alternatively, as others have said, you can offer to take it all for free, and split the proceeds with them in some mutually beneficial agreeable. Put a deadline on it. Say you have 12 months or so to do your honest best to sell it all, and what you can't sell after a year you will simply own or dispose of.
Cameron SS
CGN Ultra frequent flyer
- Location
- Ground Zero
My brother in law is an avid coin collector, and he has made a fortune by buying complete collections for pennies on the dollar when they are sold by descendants who do not know and do not value the collection.
He said that every collector, which all of us are to some degree or another, spends most of their life collecting because they enjoy the collection, the hunt, and the objects themselves, for a variety reason. Ideally though, you would never die with your collection.
His advise to me was to collect for as long as it gives me pleasure, but to be know when its time to flip and become a seller. Being the UN-collector who can divest of his collection and actually realize the monitor gain and value of your curating these objects all these years is the second half of the deal that many collectors never get around to. We often buy things believing they will go up in value and are a good deal, but its only a good deal if we can one day actually realize that return on the investment.
He said in a perfect world, I would never leave any of my collection to be handled by descendants who had no idea what to do with it, and would sooner toss it all in the trash then be bothered to handle it properly, and when the undertaker came for me the only gun left in my collection would be the one I want to be buried with. Its a romantic idea, but seeing these pictures has helped hammer home the idea.
Time to start cleaning out the closet...
I agree, there's a ton of work there to earn $3 an hour. . To cat haul all that stuff to and from every gun show, pay the table rental, advertise, pkg and ship; it's a ton of work for very little return. . For someone to buy everything and go through it for themselves, you may end up with a bunch of supplies you can't use. It seems the new comers to reloading want progressive presses and quite a bit of the tools are out dated for the younger bunch and us older guys already have all the stuff we need.
One thing we all should learn from this is to have our reloading room in order and cataloged. Make it easier if something suddenly happened.
One thing we all should learn from this is to have our reloading room in order and cataloged. Make it easier if something suddenly happened.
Many years ago I bought the contents of a reloading room from a estate. I paid $250. for the works. There was a hell of a pile of stuff I had no use for. Over the next year I sold off the stuff I had no use for. I was a couple years chewing through the 22 Ibs. of Red Dot. powder.
Those Mec 600 Jr shotgun presses for example will fetch "realistically" $100 bucks apiece with bottles, charge bars and bushings. You need to get it cheap, I would say no more than $500 for everything, far less if you can swing it. The furniture is garbage, leave it. What you don't want for yourself your selling to a very select market at gun shows where the patrons are notoriously cheap on a good day.
Reloading to my knowledge and observation is not the popular hobby among shooters that it once was. The young millennial types want instant gratification and have disposable income. So many that I know buy all there ammo as they can't be bothered reloading.
Those Mec 600 Jr shotgun presses for example will fetch "realistically" $100 bucks apiece with bottles, charge bars and bushings. You need to get it cheap, I would say no more than $500 for everything, far less if you can swing it. The furniture is garbage, leave it. What you don't want for yourself your selling to a very select market at gun shows where the patrons are notoriously cheap on a good day.
Reloading to my knowledge and observation is not the popular hobby among shooters that it once was. The young millennial types want instant gratification and have disposable income. So many that I know buy all there ammo as they can't be bothered reloading.
Yes these are all included......I know the homelite/Homak double lock safes are worth about 100$ a piece....and the little stack on one's probably 50$ each......
ive seen those wood display cabinets with glass doors not sell and sit listed in local buy/sell ads for only a few hundred dollars.
Unless they are premium quality and fine craftsmanship, I don't see too much value in the display cabinets?
I'd keep the metal safes and possibly one display cabinet for myself.....that's about it.....the rest would be sold
Thank you for the insight on the items and breaking down a price list at the bottom of your post.
I definitely would NOT be wanting top dollar......it would be sold for half or 1/4 of retail price.....I have no interest in letting this stuff sit around and collect dust.
No expert but have unfortunately did this a couple of times now after friends have passed and the family wanted me to buy it all which I did in two cases more just to help out and lost money on one
All the costs of your time for packaging, the costs associated with such and shipping factor in NOW
Last one I did I must have used 100 bucks in gas alone just running to the post office after selling on the EE
I will be honest what I seen here in the pics is a lot of OLD gear but not stuff most reloaders is going to want not like my last batch which had stuff like rockchuckers three of them and modern case trimmers and even at that I did not make much more than I paid for the lot and if it wasn't a good friend in the future I would walk away
Cheers
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I know exactly what you are saying about it being sad that all this fellows stuff is now going to be going to a new home and needs to be sold......like I've said I don't know. Much about reloading but I do know this man had great passion for the hobby.......and Noone in the family wants to get into this.....iam a sentimental person myself and want my firearms to goto someone who has the passion I do
Persons with no interest or knowledge of what they have are still sellers.
If they cannot put a price on it as to what they want then run away . . . don't walk!
Like the old lady who wanted me to dispose of guns from her husband's estate.
An engraved Weatherby that had been rolled on by a horse was returned to Weatherby for repairs and that was added to the original cost of the rifle which because it had a gold trigger was valued by her at over $10,000. There was no way to separate her value and the true value . . . totally unrealistic!
It appears there is more work here than they realize and $3.00 per hour is a good way to put it. If never done before the poster of this thread may also be overly optimistic.
If they cannot put a price on it as to what they want then run away . . . don't walk!
Like the old lady who wanted me to dispose of guns from her husband's estate.
An engraved Weatherby that had been rolled on by a horse was returned to Weatherby for repairs and that was added to the original cost of the rifle which because it had a gold trigger was valued by her at over $10,000. There was no way to separate her value and the true value . . . totally unrealistic!
It appears there is more work here than they realize and $3.00 per hour is a good way to put it. If never done before the poster of this thread may also be overly optimistic.
I agree totally. If I walked past a table with this stuff on it I would look at the primers/powder and die sets. The shotgun reloaders are about useless now as it costs more to reload than to just buy (excluding specialty stuff like slugs and buckshot). Single stage presses have some value as do the powder throwers but not a lot. Most new shooters are looking for progressives if at all.
