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Discussion Starter #1
Has anyone used Expert Gun Appraisals.com for their 'Pricing Evaluation'?

Found the site and am curious. They say they will give you a general valuation and suggest whether you should get a formal appraisal or not for $8.95. Any info would be greatly appreciated.
 

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I recommend buying a Blue Book of Gun Values.

The problem with the mentioned site is, how can they give a legit appraisal without SEEING the actual gun?

If they don't see it, the Blue Book as good, if not better.

Valuing firearms depends almost entirely on condition. One persons "Very Good" is my "Good" and another's "Excellent".

The only benefit I see, is for somebody who knows NOTHING about guns, and either thinks he's got Adolph Hitler's pistol, or has a extremely valuable Colt Single Action, and doesn't know what it really is.

In any event, I'd invest the money in a Blue Book, and read the info on how to grade a firearm.
Using the book, you can arrive at a very close idea of the actual value of most any gun.
This will tell you enough to know whether you need a professional appraiser.

In that case, you'd want a REAL professional appraiser, not somebody on the internet, who could be Joe Bubba working out of his basement.

The cost of less than two of these "appraisals" would buy you a new copy of the Blue Book.

I'd be willing to bet if you pay this guy, you'd send him the info, and he'd whip out HIS copy of the Blue Book, and give you an "appraisal" straight from it.

[This message has been edited by dfariswheel (edited 12-19-2003).]
 

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dfaris, that is Joe B's problem, he has an extremely valuable SAA, which I think he aught to take to an expert appraiser and not trust the internet.
Just my $.09 with inflation.

------------------
Dick

IN GOD WE TRUST,
BUT KEEP YOUR
SIDEARM HANDY!
 

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If you have a serious gun, you need a serious appraisal. Not a visit to an online company. Just my 2 pesos.
I agree, Nobody can give a value on a rare gun with-out actually seeing it. I'm not talking pictures either.
As with anything else, it's going to be worth what someone is willing to pay.
If you took a rare item and put it on Ebay, you will most likely see it get a totally different price than you would see the same item bring at one of the big name Live auctions, regardless of what it appraised for. It also depends on what part of the Country or World you are selling it in. It also depends on who thinks that their money is better than the other guys.
If you do auctions, then you know that it takes 2 to tango. Sometimes people get caught up in the exitement and will pay above and beyond what should be paid for an item. Sometimes just to show the other person that he will lose, no matter what the other guy has to pay.
I also dabble in Toys.
I sold a very well known collector a hard to find toy car for $1800.00 about 2 years ago. He sold his collection and I recently saw the same "exact" car from his collection sell on Ebay this month for only $400.00.
****I'm curious, has anyone had a gun appraised by a professional appraiser here ?
If so, did they sell the gun, and what were the results ? Where was the gun sold ?
I think that would be very interesting to hear. Can anyone help with this ?
If it's like classic cars, you see appraisals and cars sell a lot of the time for less than the appraised value.
Where's the best forum to sell a rare firearm ?
What's everyones thoughts on this ?
Let's get some opinions, I would love to learn more on this subject.

Thanks, Jeff (GUNKWAZY)
 

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Discussion Starter #5
Guess I will bow to you guys who know a lot more than I do about this one. The referenced site doesn't give an official appraisal, but a valuation to help deteremine if it is worth investing in an official appraisal(which they appear to be able to do). But it looks like (considering diamonback68's opinion) it needs an official appraisal to be sure.

Since it has been in the family since 1907 (at least), I have no intention of selling it, but want to fully insure it. I am tempted to go with values estimated on this board for insurance purposes, but am curious about an official appraisal. I have no idea of the cost of an appraisal or how to legally transport it to an appraiser.

I would be very interested to know of any appraisers that members have used. I found two specialists at the American Association of Appraisers, one retired and one in San Diego.

I am a true novice at this thing, but am trying to get to know my way around. Any help would be appreciated. Joe B.
 

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Well Joe,
You didn't fill out your member profile, so I'm not sure where you live.
First we need to find out your location.
2nd, we need to find an appraiser near you so you don't have to pay shipping & receiving charges if you don't have to. You can transport the gun directly to them.
You may want to start a new post asking if anyone has used an appraisal service near you. Or, maybe someone can tell you of a couple near you that you can contact and ask about fees and what's all involved in their appraisal process.
By the way, if this gun is new to you and has good value either monetarily or sentimentally, you may want to find out the best way to preserve your firearm as well.
You don't want to pull it out a couple years from now to learn that it has deteriorated.
Hope that helps a little bit.

Jeff (GUNKWAZY)
 

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Discussion Starter #7
Jeff,

I am in the western part of the People's Popular Socialist Democratic Republic of Maryland, where ALL gun owners are thought of as if they were A. Hitler, J. Stalin or worse. (I have actually been introduced as "a Republican who owns guns".)

I am in the process of learning how to preserve it, as I plan to eventually pass it on to my grandson in about 17 years.

And a thanks to all of you for the help I have received so far. This is a great place to learn about guns.

[This message has been edited by JoeBlotnik (edited 12-20-2003).]
 

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Joe B
I just put out some "feelers" to a couple of, gun knowlegable, guys I know in your Occupied Territory (since that is where I came from) and we are trying to come up with a reputable appraiser that you could trust to hand carry to. Stay tuned!

------------------
Dick

IN GOD WE TRUST,
BUT KEEP YOUR
SIDEARM HANDY!
 

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Hey I kinda like that. Joey "Hitman" Hitler. It's got a nice ring to it.
Sorry about your location Joe. I'm located in Arizona, the wild west, the land of the (so far) free. The only permit you need down here is if you're going to carry a concealed weapon. Good luck to you. It sounds like your in good hands with Dick the Diamondback man scouting for you.

Jeff (GUNKWAZY)
 

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A 1907 SAA NEEDS a pro opinion.

Some people have had good luck finding one by asking their insurance man. They have plenty of experience dealing with appraisers of various types, and may have info on somebody near you.

Another excellent source of qualified people would be to contact the NRA. They "live" near you, and nobody knows more about this than they do.

One thing to keep in mind when dealing with a firearms appraiser:

Make it CLEAR from the git-go that this is NOT for sale, that you want an appraisal for insurance purposes.

It's common for people with a lesser degree of integrity to "low ball" a valuation in hope they can buy something cheap. When they realize they can't get it, they can't suddenly up the valuation to the true figure without causing questions on why the low number.

What I might suggest: Contact Colt Firearms and get the Historical letter first.
This costs about $100.00, and will contain everything Colt knows about the gun: When it was produced, what barrel length, finish, grips, custom features it may have had, and who it was shipped to.
In your case, this is money well spent for a family heirloom.

Then get an appraisal from whoever you can find.

THEN, contact somebody nationally known like Jeff Faintich at Mid-City Gun and Coin in St Louis Missouri. Jeff is one of the top Colt experts in the world, and also runs a top end firearms auction service.

With the letter and a pro appraisal, he can probably give you a very close final valuation, likely by mail.

So, I'd first get the Colt Historical Letter, then contact the NRA for a recommended local expert.

Good luck, and please let us know what you find out.
 
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