How to get rid prohibs? Pics added.

The store is not going to be an option. Thanks to the guys from the island for offering to help. Right now we're just trying to figure out a fair value for the guns, mags and holsters.
 
The 38's between $250-350. (Epp's has a model 36 listed for 299) The high standard, $250-300. If the Beretta had been a .380 it would have been worth considerably more (and I would have been contacting you). You might get $350-450. You won't get much for the holsters. Just my opinions, but there isn't anything particularily rare there and none of it can be inherited as a 12/7
 
I don't if this is true but I was told if someones father passes away they can inherit Prohibs themselves even if they just have restricted on thier licence. due to the fact they are staying in the family.
 
cement head said:
I don't if this is true but I was told if someones father passes away they can inherit Prohibs themselves even if they just have restricted on thier licence. due to the fact they are staying in the family.
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That is only true in particular circumstances, not for all classes of Prohibited. This case does not appear to qualify.
 
hatman1793 said:
The Executor of the estate has full authority to possess these firearms and dispose of them. A 12(6) PAL licence is NOT required.
The Executor can join this site and request to sell them for the estate on this site too. Or, at the Executors discretion, sell or otherwise dispose of them to a 12(6) licence holder.
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And although many people would be reluctant to buy from a brand new member with no feedback, in the case of registered guns (restricted, prohibited) the need to transfer registration helps assure the prospective buyer the guns really exist and if an established member with good feedback will vouch for the seller many of us would be satisfied and deal with him. I think this is likely to get a better deal for the estate than a consignment sale through a dealer, if the executor is willing to take the trouble.
 
As far a s a business goes...
A business licence may permit the store to sell prohibited firearms as an agent on behalf of the owner - or the estate in this case - on consignment. Prohibs cannot become the property of the business. If a business offered to buy them, they were being a bit disingenuous. They cannot buy them. If they paid for them up front, the sale would still be handled as a consignment sale, but instead of collecting a commission, the business stands to make a larger profit.
A commission of 20% would not be unreasonable.
 
tiriaq said:
As far a s a business goes...
A business licence may permit the store to sell prohibited firearms as an agent on behalf of the owner - or the estate in this case - on consignment. Prohibs cannot become the property of the business. If a business offered to buy them, they were being a bit disingenuous. They cannot buy them. If they paid for them up front, the sale would still be handled as a consignment sale, but instead of collecting a commission, the business stands to make a larger profit.
A commission of 20% would not be unreasonable.
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He took these 4 guns and accessories , a colt huntsman ??, 2 poor condition .22 and a fair condition bolt 12 g to the local LGS and was offered $600. The owner has prohib status . Edited: it may have been a browning buck mark , it was valued at 5 to 6 for that alone.
 
If the business owner has prohib status on his RPAL, he could buy them personally, and then put them in the business as consignment sales.
Taking prohibs on consignment for the estate is easy, and can be an effective way of liquidating the estate.

There is also the question of exposure. A local shop may have a smaller customer base/market than a larger one.

An offer of $600 for a Huntsman, 2 poor .22s and a bolt action 12ga seems generous.
 
Round here, the smith would be 350-400, the high standard 250 tops, the Beretta 300ish, maybe 350 but that would be top. The charter arms would be a 200-250 .

And yeah, the shop was ripping you off. I understand they need a mark up, but that was a little excessive. Most try to buy for 50-60% value, and will usually trade a bit higher. You always get a better deal with a private sale
 
I suspect that the shop owner is only offering you a price based on what the "good" guns are to sell; and excluding the prohibs. The prohibs could sit in his case for months before they sell, if at all. I know of gun shops that won't have anything to do with prohibs as they are too hard to get rid of, and there's usually little or no profit to be made from them if they do sell.
 
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