How much of a haircut on the value of a 12(6)?

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flatlandflyfisher

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Hi all,

I am helping an older / infirm relative find ways to sell some of his 12(6) and restricted firearms.

My question: I'm wondering how much of a discount (relative to US blue book prices) I should expect for a 12(6) firearm sold in Canada, given the restrictions ownership and the aging of those with 12(6) status. I expect that the resale market would be depressed. How much should I expect?

If anyone is curious, the items are a stainless steel American Derringer (9 MM Luger) and a Smith and Wesson 22LR Model 18 with a 4" barrel. Stephen
 
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Forget the US Blue Book values unless the guns are being sold in the US. That applies to most guns, not just 12-6.
Both of those should sell easily without taking much of a hit. Nickel plated .32 top breaks, not so much.
 
I know where there is an American derringer in .357 that's been up for sale for over a year for $350 and hasn't moved. It's up in the cowboy circles where they often have a derringer side event. I am looking for one myself, but personally wouldn't go more than $200-250. Prices for 12/6 are sadly in the decline. I picked up a virtually unfired gp100 in 4" for $275. A 4.2 restricted version would go for $600 just for that 1/4" difference.
 
flatlandflyfisher said:
Hi all,

I am helping an older / infirm relative find ways to sell some of his 12(6) and restricted firearms.

My question: I'm wondering how much of a discount (relative to US blue book prices) I should expect for a 12(6) firearm sold in Canada, given the restrictions ownership and the aging of those with 12(6) status. I expect that the resale market would be depressed. How much should I expect?

If anyone is curious, the items are a stainless steel American Derringer (9 MM Luger) and a Smith and Wesson 22LR Model 18 with a 4" barrel. Stephen
Click to expand...

If the 18 is great, it's worth rebarreling
 
Hey dog,

dogzilla said:
I know where there is an American derringer in .357 that's been up for sale for over a year for $350 and hasn't moved. It's up in the cowboy circles where they often have a derringer side event. I am looking for one myself, but personally wouldn't go more than $200-250. Prices for 12/6 are sadly in the decline. I picked up a virtually unfired gp100 in 4" for $275. A 4.2 restricted version would go for $600 just for that 1/4" difference.
Click to expand...

Can you recommend resale forums / consignment shops that target the cowboy circle? We have two pairs of matched Alberti Cattleman reproductions (one a serial number increment match, the other pair similar) with holsters and stuff that should make a cowboy action shooter very happy. We're not ready to sell yet, but soon.

Can you point me to the site where the .357 Derringer is? This is useful for benchmarking a price.

S.
 
The 12 (6) classification really sucks.

It really kicked the crap out of gun values here in Kanada.

Guns that are selling for $800- $900 dollars in the US are only valued at a fraction of that here. Your basic 12(6) guns here are only selling in the $200 - $300 dollar range; some higher end ones are selling for a bit more.

I've seen guys selling prohib guns on the EE here in the $800 dollar range, and while they would be worth it in the US, they are rarely going to get those prices here unless it's a gun that someone really wants/needs.

I have a lot of prohibs myself, most of which I bought before this 12 (?) bullsh*t started, so I paid good money for them. Now I can't sell them without taking a big loss on them.

Even though I rarely shoot them, and would have probably sold them off years ago, now I mostly keep them just to p*ss off the government.
 
I've seen 4" prohib S&W Model 18's go for as much as $500 and as little as $300 in auctions. $400 is pretty typical. There's still a fairly active (but small) market for buying and selling 12(6)'s, but obviously the values are lower than they should be. In the case of a 4" Model 18, an extra few mm of barrel length would mean it could be sold to anyone with an RPAL, instead of around 30,000 people with 12(6).
 
I recently sold a couple of 12[6] revolvers [S&W Mod 28 and Mod 581] for about 50-60% less than the equivalent guns with an extra 1/5" barrel length.

Those were nice guns, in excellent condition. For anything older, in less than great condition, or an unpopular model or type, I'd say that's where your pricing should start. Be prepared to go lower.
 
A realistic price for the model 18 is around $325-$400 depending on condition. I think I paid $325 for mine. It was an old trappers gun and was carried lots, shot little. Finish is quite worn, but mechanically sound.

Auggie D.
 
.380 caliber and up bring the most money, with the exception being 38/.357. There are just so many available. A 4" 38 special was standard issue for pretty much every police force in the country for decades including snub nosed revolvers. The 4.2/ 4.25 is very recent. Until then most revolvers were snub nosed, 4", some 5" and 6" with 4" being the most common. There are exceptions of course, I have snub nosed smiths in 44 special and 44 mag. Which I can still get pretty much what I ask for. People used to get a major hard on for PP's and PPK's, but the 32 acp. ones have been steadily going down and have actually been sitting for a while, because they cannot be easily converted to restricted without changing the caliber. A .380 PP or PPK on the other hand will go just about instantly. I am always looking for late model interesting prohibs because they are a good buy, and because I can. unfortunately that means a lot of impulse buying which does my bank account no good
 
A 38/357 derringer would sell quite good at 350.oo, if it was in V.G. Condition, 350-400.oo seems to be the break point for most "good shooters", over that, they have to be special.
32 , 25 auto, and 32 revolvers are a hard sell.
 
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