jose bagge
Well-known Member
What's a fair price for a "like new" SKS? I have one that I'm willing to sell a buddy....$170 a fair deal>?
- Thread starter jose bagge
- Start date
A like new SKS for $170 is a pretty good deal (for the buyer) - no matter what model.
The Chinese, Yugo, etc... in really good condition sell in the $210-$275 range at gun shops and the Russians in good condition tend to go in the $270-$325 range. There are always exceptions. I haven't seen too many private sales as of late.
Two-three years ago they were all selling in the $400+ range - prices have come down a lot since then but days of brand new Norinco SKSs for $79 are long gone.
The Chinese, Yugo, etc... in really good condition sell in the $210-$275 range at gun shops and the Russians in good condition tend to go in the $270-$325 range. There are always exceptions. I haven't seen too many private sales as of late.
Two-three years ago they were all selling in the $400+ range - prices have come down a lot since then but days of brand new Norinco SKSs for $79 are long gone.
that's a swinging deal for the buyer!
I have FFL.. I get most of all the dealer publications and sales fliers from wholesalers. I also cruise ever gun show within 1.5 hours of my place.
just about ANY sks.. even a norino is gonna be 200+$ USD... even a cali legal non bayo model..
ANY time I see a sub 200$ sks.. I buy it. In fact. I'll buy most in the 200-225$ range.
of course ruski and blade bayo is better, and the older pre 59/66 are IMHO better.. but you get what you can find.
they used to be dirt cheap decades ago... like jap arisaka's.. they were like tomator stakes. now ruski sks and 7.7 and 6.5 jap rifles in good condition are 300$ (retail) usually.
soundguy
I have FFL.. I get most of all the dealer publications and sales fliers from wholesalers. I also cruise ever gun show within 1.5 hours of my place.
just about ANY sks.. even a norino is gonna be 200+$ USD... even a cali legal non bayo model..
ANY time I see a sub 200$ sks.. I buy it. In fact. I'll buy most in the 200-225$ range.
of course ruski and blade bayo is better, and the older pre 59/66 are IMHO better.. but you get what you can find.
they used to be dirt cheap decades ago... like jap arisaka's.. they were like tomator stakes. now ruski sks and 7.7 and 6.5 jap rifles in good condition are 300$ (retail) usually.
soundguy
Jose: you could add $100 to that and not be out of range, particularly for a good Russian one. Like many others, I bought a decent Chinese one for $100 close to 20 years ago and still have it, but in today's market there's no way I'd sell it for twice that. It's simple supply and demand--the demand for a reliable, simple, adequately powerful semi-auto rifle is still high and the supply has shrunken considerably--these guns are 50+ years old in most cases and stocks are dwindling--about the only ones you see "new" anymore are the Yugo ones with a grenade launcher on the barrel, which are not considered first-rate by most buyers but are all that's available.
Mr. Soundguy;
About how many firearms do you sell in a year?
Have you ever had the ATF come to your home and ask questions? have to show paper work etc.?
Do you have a store front or do you do this out of your home?
A guy I know (I have bought 2 long guns from him) has his FFL and he does well with used guns, a nice markup too. He buys collections from widows. Of course these old women have no clue to what these are worth and unload it for 1/10 of the value.
About how many firearms do you sell in a year?
Have you ever had the ATF come to your home and ask questions? have to show paper work etc.?
Do you have a store front or do you do this out of your home?
A guy I know (I have bought 2 long guns from him) has his FFL and he does well with used guns, a nice markup too. He buys collections from widows. Of course these old women have no clue to what these are worth and unload it for 1/10 of the value.
I bought six of them around six months ago. Very good condition but not "like new." All numbers matched on each one. All Yugos, not Chinese or Russians. I paid $130 each. Some people pay more for the Chinese versions since they have chrome-lined barrels. And some pay even more yet for the Russian versions. %170 is a fair price for a Yugo in very good shape as long as the numbers on the bolt, stock, and receiver all match.
PS.. I see nothing wrong buying guns from widows.( or estates ) or going out of business auctions ) In many cases 1, they DON'T want the guns at the house or are frightened of them, or 2, need money NOW and i mean NOW and can't wait till you can help them get an honest price like at an online auction.
A pawn shop will/can rip them off bad too.
when someone offers me a collection, if they have an asking price in mind and it looks like they have half a clue, and it's reasonable.. i usually take it.. many times there are good guns, junk guns and some average ones in there.. you take the cheap and high dollar at an average.
I've also told many a person that they could do way better going to an auction vs what I could afford to pay vs value. Literally had people offer me pieces, and i told them flat out to hold on to it, it's worth more to keep, or to sell later in a better market, or I simply don't have the cash on me it's worth.. and I'll even tell em what it's conventionally go for... and still have them ask me to amke an offer on it.
had that happen a while back. guy took a gun one of those jap guns as a matter of fact, on trade for some work he did... he know -0- about the gun.. didn't know what it was, who made it.. nada.. I happen to see it in his shop one day while picking up some parts and mentioned / asked him if he was the one that had put some polyurethane on the stock, as it was an otherwise nice piece and complete, since that poly-u lowered the collector value. his eyes lit up and he asked me if I knew anything about the rifle. I took about 10 minutes and told him the calibre, history, etc.. told him how to tell early from late, showed him the pieces that mad his more complete, like the dust guard, intact mum, aircraft sites.. etc.. he asked me how much it was worth and I gave him a pretty fair estimate 'range' of what they could ultimately sell for at auction if he had a week or month to run it, or relist it if needed a few times till his reserve was met. I just happen to collect jap weapons, and also mentioned why a colelctor would find the value lower, etc.. i gave him the short explanation of what it was worth to me vs what he could get it for at auction etc. I had plenty of specimens in that model and condition, so collector value for me was less than average.. i had just picked up a nicve un finished one a week before at auction.. no refinish, and all the bells and whistles, matching numbers and all... in any case.. i told him what I could do, he bumped me maybee 10 bucks and I figured why not.. might as well have another to add to my collection..
Besides...For a business for instance, If gun value for item 'x' is going at about 500$.. then you can't pay them 500$.. if it's value is eventually 500$ at auction.. it could go less.. might go more.. or you might have to hold on to it for a while. that means for a faster sale, it might need to be sold at 400 or 350.. then if you need to make money on it.. then take that 350, and peel 100$ off and then you have 250.. thus it's not out of the ordinary to pay 250$ for a gun 'worth' 500$
that's a pretty common deal.. lotsa guys 'double up'.. or simply offer half conventioal going price,.. etc. i see that at shows and dealers all the time.. not uncommon at all.
I'm talking to a guy right now, in ill health, his kids are felons, and his wife is scared of guns. with his health the way ti is.. he realistically thinks he has months left... he's making me a list of what he has.. I told him to put fair prices on them and I'd see if i could get the whole kit n kaboodle. we'll see.
havn't heard from him in a couple weeks. I hope he hasn't 'gone' yet.. he's a nice guy.. known him for years...
always remember that a good sale is one in which both the buyer and seller are happy with the outcome and each get what they wanted.
soundguy
A pawn shop will/can rip them off bad too.
when someone offers me a collection, if they have an asking price in mind and it looks like they have half a clue, and it's reasonable.. i usually take it.. many times there are good guns, junk guns and some average ones in there.. you take the cheap and high dollar at an average.
I've also told many a person that they could do way better going to an auction vs what I could afford to pay vs value. Literally had people offer me pieces, and i told them flat out to hold on to it, it's worth more to keep, or to sell later in a better market, or I simply don't have the cash on me it's worth.. and I'll even tell em what it's conventionally go for... and still have them ask me to amke an offer on it.
had that happen a while back. guy took a gun one of those jap guns as a matter of fact, on trade for some work he did... he know -0- about the gun.. didn't know what it was, who made it.. nada.. I happen to see it in his shop one day while picking up some parts and mentioned / asked him if he was the one that had put some polyurethane on the stock, as it was an otherwise nice piece and complete, since that poly-u lowered the collector value. his eyes lit up and he asked me if I knew anything about the rifle. I took about 10 minutes and told him the calibre, history, etc.. told him how to tell early from late, showed him the pieces that mad his more complete, like the dust guard, intact mum, aircraft sites.. etc.. he asked me how much it was worth and I gave him a pretty fair estimate 'range' of what they could ultimately sell for at auction if he had a week or month to run it, or relist it if needed a few times till his reserve was met. I just happen to collect jap weapons, and also mentioned why a colelctor would find the value lower, etc.. i gave him the short explanation of what it was worth to me vs what he could get it for at auction etc. I had plenty of specimens in that model and condition, so collector value for me was less than average.. i had just picked up a nicve un finished one a week before at auction.. no refinish, and all the bells and whistles, matching numbers and all... in any case.. i told him what I could do, he bumped me maybee 10 bucks and I figured why not.. might as well have another to add to my collection..
Besides...For a business for instance, If gun value for item 'x' is going at about 500$.. then you can't pay them 500$.. if it's value is eventually 500$ at auction.. it could go less.. might go more.. or you might have to hold on to it for a while. that means for a faster sale, it might need to be sold at 400 or 350.. then if you need to make money on it.. then take that 350, and peel 100$ off and then you have 250.. thus it's not out of the ordinary to pay 250$ for a gun 'worth' 500$
that's a pretty common deal.. lotsa guys 'double up'.. or simply offer half conventioal going price,.. etc. i see that at shows and dealers all the time.. not uncommon at all.
I'm talking to a guy right now, in ill health, his kids are felons, and his wife is scared of guns. with his health the way ti is.. he realistically thinks he has months left... he's making me a list of what he has.. I told him to put fair prices on them and I'd see if i could get the whole kit n kaboodle. we'll see.
havn't heard from him in a couple weeks. I hope he hasn't 'gone' yet.. he's a nice guy.. known him for years...
always remember that a good sale is one in which both the buyer and seller are happy with the outcome and each get what they wanted.
soundguy
Do everything EXACTLY how they want it, and they are pretty good people. Finding out EXACTLY how they want it sometimes is difficult.
They are a govt't agency and don't get in a hurry too much.
everything has to be in writing.. you make a mistake on your application.. and you have to send in something in writing.. etc. etc.. BTDT
as with anything.. you are dealing with PEOPLE, some PEOPLE are nice, some PEOPLE are just hard to work with.
These PEOPLE just happen to be in law enforcement. ever get pulled over by a police officer, and he was a nice guy? cool.. everythings pretty good then. ever get pulled over by a mean cop.. or one having a bad day?
see where this goes?
In all my years of having a license, this year happens to be the first time I had an issue with a renewall. lots of calls.. lots of paperwork.. lots of resending documents and different forms. Most of the times it was smooth as butter.
between the local sheriff's dept, atf and whatnot.. i've had way more good experiences than aggrivation.
again.
don't do -anything- even remotely illegal, and jump thru all the hoops they want, and cover your but on anything you do.. and you are probably ok..
I assume you are asking this as you are considering getting a ffl.
read the rules and laws in your area, including zoning.. it's up to you / your responsibility to be in compliance with local laws AND federal laws.
soundguy
They are a govt't agency and don't get in a hurry too much.
everything has to be in writing.. you make a mistake on your application.. and you have to send in something in writing.. etc. etc.. BTDT
as with anything.. you are dealing with PEOPLE, some PEOPLE are nice, some PEOPLE are just hard to work with.
These PEOPLE just happen to be in law enforcement. ever get pulled over by a police officer, and he was a nice guy? cool.. everythings pretty good then. ever get pulled over by a mean cop.. or one having a bad day?
see where this goes?
In all my years of having a license, this year happens to be the first time I had an issue with a renewall. lots of calls.. lots of paperwork.. lots of resending documents and different forms. Most of the times it was smooth as butter.
between the local sheriff's dept, atf and whatnot.. i've had way more good experiences than aggrivation.
again.
don't do -anything- even remotely illegal, and jump thru all the hoops they want, and cover your but on anything you do.. and you are probably ok..
I assume you are asking this as you are considering getting a ffl.
read the rules and laws in your area, including zoning.. it's up to you / your responsibility to be in compliance with local laws AND federal laws.
soundguy
I agree.
The guy I know has came across some excellent deals. Take this for example:
He gets a call from a woman, I have 8 long guns, (medium to high end stuff) This was my late husbands collection. This guy says, okay I will be right over. He looks it over and says: "I will give you $800 for all 8 guns" The lady is happy he is super happy. This happened less than 2 months ago. 1 of those guns was a Kimber rifle, He sold that for $800, other guns were a .30-30 Winchester, Worth $300 easily, a couple shot guns in good shape too. This guy has 3 safes full of used guns. He is like a pawn shop, a guy calls up and says I cant make my car payment can I sell you a rifle. Nothing wrong with buying a nice piece or hardware that someone wants to sell cause they need the money.
I really wouldnt mind getting into the business and get my FFL but.....I dont want the hassle of dealing with the ATF. I am sure I would sell at least 50-100 firearms per year. Friends, friends of friends. Advertising. etc.
The guy I know has came across some excellent deals. Take this for example:
He gets a call from a woman, I have 8 long guns, (medium to high end stuff) This was my late husbands collection. This guy says, okay I will be right over. He looks it over and says: "I will give you $800 for all 8 guns" The lady is happy he is super happy. This happened less than 2 months ago. 1 of those guns was a Kimber rifle, He sold that for $800, other guns were a .30-30 Winchester, Worth $300 easily, a couple shot guns in good shape too. This guy has 3 safes full of used guns. He is like a pawn shop, a guy calls up and says I cant make my car payment can I sell you a rifle. Nothing wrong with buying a nice piece or hardware that someone wants to sell cause they need the money.
I really wouldnt mind getting into the business and get my FFL but.....I dont want the hassle of dealing with the ATF. I am sure I would sell at least 50-100 firearms per year. Friends, friends of friends. Advertising. etc.
jose bagge
Well-known Member
This is a Norinco that I bought new through shotgun news in about 83....came with a sling, an ammo belt and some other stuff. I wanna say that I paid $79 for it then... I had a guy working for me with a FFL and we bought cheap guns for grins out of shotgun news just to see what they looked like and how they shot- I gave Chinese 7.62x54 bolt actions to my brothers for Christmas one year because it was a "buy 5 for $115 each" deal, and they were great shooters. I am totally out of touch with current values, and my girls need jumper show entry fees- a few dollars are better than dust!
M-MAN
Well-known Member
- Location
- Bostic, NC
That's a pre ban & last I heard can still be kept fully dressed. That might raise the price a bit.
I bought a numbers matching Norinko with a aftermarket, black 'plastic', pistol grip stock, a relaively cheap scope, and a lazer dot about 3 years ago. Just pre-external_link. At the time I gave about $325 for it and thought I was doign pretty good since all the others I had seen in the area were going more in the $350 to $400 range. Beyond that I haven't been able to afford to buy any more guns in the time since so I don't have a clue what they are going for right now. Still I know I have always seen the Norinko's fetching premium prices over some of the other name branded SKS's.
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