What's it worth? Usually, the answer has to be “I have no idea” but the question is one of the most common from curious readers. Some magazines offer answers to reader's questions as a regular feature, but hedge the answers just a little bit. They might say “A gun of the type you mention should bring between $500 and $900” and not “Your gun is worth $783.19.” There are two reasons why this is true—condition and location. A used guns' condition is critically important but sometimes a gun's value varies with where it is being sold. Big magnum revolvers are probably more likely to sell in rural areas where they can be effectively used. Smaller, concealed-carry guns enjoy a better market in urban venues with more densely concentrated populations. Regardless of the circumstances of the sale, the greatest single factor in selling a used handgun is the gun's condition. You are way ahead in the deal if the gun is in excellent or better condition. If it is a desirable gun in new condition, you rule the deal, but if the gun is much less than 100 percent, then it is a “shooter” and the only buyers are likely to be someone who views the gun as a tool.
September 26, 2012