How to identify the value of your firearm?

How to identify the value of your firearm?

There are two systems commonly used. The NRA Condition Standards rate modern guns as New, Excellent, Very Good, Good or Fair, and antique guns as Excellent, Fine, Very Good, Good, Fair, and Poor. Each condition rating has a specific definition (you can find these defined in the Blue Book of Gun Values).

How is the condition of a gun determined?

There are multiple systems used in determining a gun’s “grade” or condition. So it is not wise to judge the grade given to one gun using one condition system against a grade given to another gun using a different condition system, especially since the terms used in evaluating a firearm’s condition have specific meaning.

What’s the best rating for an antique gun?

The Standard Catalog of Firearms by Schwing, uses the “Excellent” through “Fair” rating system, has lots of photos and is good all around guide. Be warned that their “condition definitions” for antique guns are radically different from the widely accepted NRA antique condition definitions.

What makes an antique gun an antique firearm?

The federal definition also includes replicas, which means the firearm may have been manufactured recently, but if it was manufactured to exactly duplicate a firearm produced before 1898, it is still considered an antique firearm. Most states use the same definition as federal law. However, some states include newer firearms as well.

Differences in condition can easily halve or double the value of a collectible gun. The terms used in evaluating firearms condition have specific meaning. The most widely used set of standards for grading firearms condition is that defined by the NRA many years ago.

What are the requirements for an antique gun?

No refinishing is permitted in this category. Antique firearms must have 80 percent original finish with no repairs. Modern firearms in this category may not be considered to be as collectible as the previous grades, but antique firearms are considered desirable.

How can I find out what my gun is worth?

You can get full values as wish, or lower, or even higher – depending on where you show off your guns. This is the least hassle way to sell your weapon, but the price is also the worst. For their own profit, they will try to lower your expected rate.

What do you need to know about collector quality firearms?

Collector quality firearms in this condition are highly desirable. The firearm must be in at least 98 percent condition with respect to blue wear, stock or grip finish, and bore. The firearm must also be in 100 percent original factory condition without refinishing, repair, alterations, or additions of any kind.

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