How long to sell a revolver on consignment? - Page 2

**Aguila Blanca** · October 26, 2019, 10:25 AM

Quote:

Is this a ATFE requirement?

Yes. Title may not have transferred, but possession/custody changed. The gun goes into the FFL's bound book when he takes it in on consignment, so there has to be a corresponding 4473 when he transfers it to someone -- even if it's the original owner.

ThomasT · October 27, 2019, 12:57 PM

$500 sounds high for that gun even if it comes with the box and paperwork. Plus I am guessing there will be sales tax on top of that of $41.25.

I sold a blued GP-100 a few yews ago at the gunshow. No paperwork or taxes and had a hard time getting $325 for it. Your best bet would have been to of listed it on GB for around $375 with no reserve and let the market take it from there. And the guns on GB that get the most bids and sell the fastest are the ones that are listed at 0.01 start price with no reserve. They seem to sell for the most also. I won't even look at a gun with a reserve on it anymore.

Your gun will sell eventually. But if you lowered the price $50 or so it would really help. It also matters if its a 4" or 6" gun. A 4" will sell faster. The most I would pay for that gun would be $400 OTD and thats for a 4" gun.

Drm50 · October 28, 2019, 06:53 PM

I do a good bit in S&Ws which always move faster than Ruger DAs. Last several months have been soft even for S&W P&Rs. I had like new GP 4" that I took on trade last fall. Took me 8 months to off it at $350.

October 27, 2019, 12:57 PM	#27
ThomasT Senior Member Join Date: January 22, 2009 Location: Texas Posts: 2,753	$500 sounds high for that gun even if it comes with the box and paperwork. Plus I am guessing there will be sales tax on top of that of $41.25. I sold a blued GP-100 a few yews ago at the gunshow. No paperwork or taxes and had a hard time getting $325 for it. Your best bet would have been to of listed it on GB for around $375 with no reserve and let the market take it from there. And the guns on GB that get the most bids and sell the fastest are the ones that are listed at 0.01 start price with no reserve. They seem to sell for the most also. I won't even look at a gun with a reserve on it anymore. Your gun will sell eventually. But if you lowered the price $50 or so it would really help. It also matters if its a 4" or 6" gun. A 4" will sell faster. The most I would pay for that gun would be $400 OTD and thats for a 4" gun.

October 28, 2019, 06:53 PM	#28
Drm50 Senior Member Join Date: November 10, 2014 Posts: 1,378	I do a good bit in S&Ws which always move faster than Ruger DAs. Last several months have been soft even for S&W P&Rs. I had like new GP 4" that I took on trade last fall. Took me 8 months to off it at $350.