Experience Selling On Consignment Through Local Gun Shop?

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  • rcm192

    Sic semper tyrannis
    Staff member
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    May 31, 2010
    6,207
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    New Orleans area
    I dont have any experience with selling personal items on consignment, but I do buy used guns for GGWs inventory.

    You should keep in mind that anything you put on consignment will get finger banged. It has the possibility of getting scratched, handled, dropped etc by customers. Also should you decide to pick up/ take a gun off of consignment you will have to fill out a 4473.

    I try to explain this to every customer looking to unload a gun that inquires about consignment. With that being said I think its favorable for both parties to sell outright majority of the time if possible.
     
    Last edited:

    Mrlucky353

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    Nov 18, 2013
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    New Orleans LA
    You should keep in mind that anything you put on consignment will get finger banged. It has the possibility of getting scratched, handled, dropped etc by customers. Also should you decide to pick up/ take a gun off of consignment you will have to fill out a 4473.

    I try to explain this to every customer looking to unload a gun that inquires about consignment. With that being said I think its favorable for both parties to sell outright majority of the time if possible.

    Thanks everyone, good info.

    Consignment is appealing because I'm not good at haggling.
    When someone makes an offer, my usual reaction is:
    "If that's all I can get for it, I'd rather keep it!" Lol

    I might try selling one on consignment and see how it works out.

    Much appreciated.
     

    Gator 45/70

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    Thanks everyone, good info.

    Consignment is appealing because I'm not good at haggling.
    When someone makes an offer, my usual reaction is:
    "If that's all I can get for it, I'd rather keep it!" Lol

    I might try selling one on consignment and see how it works out.

    Much appreciated.

    There's still going to be some haggling + you need to pay the gun-shop something.
     

    Gator 45/70

    Well-Known Member
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    31   0   0
    I dont have any experience with selling personal items on consignment, but I do buy used guns for GGWs inventory.

    You should keep in mind that anything you put on consignment will get finger banged. It has the possibility of getting scratched, handled, dropped etc by customers. Also should you decide to pick up/ take a gun off of consignment you will have to fill out a 4473.

    I try to explain this to every customer looking to unload a gun that inquires about consignment. With that being said I think its favorable for both parties to sell outright majority of the time if possible.

    Hang-on,The 4473 form? Is this because the gun shop has to log in the gun as inventory?
     

    moe24

    Well-Known Member
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    Thanks everyone, good info.

    Consignment is appealing because I'm not good at haggling.
    When someone makes an offer, my usual reaction is:
    "If that's all I can get for it, I'd rather keep it!" Lol

    I might try selling one on consignment and see how it works out.

    Much appreciated.
    I hear ya...someone just offered me $300 for a $800 gun..its frustrating

    Sent from my SM-G955U using Tapatalk
     

    Gator 45/70

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    Yep. Its gotta go in the book and get logged out. That requires a 4473 always.

    Hang on again,Now if the customer filled out a 4473 10 years ago and in the meantime he slapped his old lady around and now has a restraining order How will he get them back from your shop because in theory he's ineligible to pass the background check?

    Will the guns now be in limbo?

    Or does he forfeit?
     

    rcm192

    Sic semper tyrannis
    Staff member
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    111   0   0
    May 31, 2010
    6,207
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    New Orleans area
    Hang on again,Now if the customer filled out a 4473 10 years ago and in the meantime he slapped his old lady around and now has a restraining order How will he get them back from your shop because in theory he's ineligible to pass the background check?

    Will the guns now be in limbo?

    Or does he forfeit?

    So if you return the gun to the *same person* that dropped it off you do a 4473? Is that the law or y’all’s policy?

    https://www.atf.gov/firearms/qa/how-does-licensee-handle-sale-consignment-firearm

    "Firearms received for sale on consignment must be entered in the licensee’s acquisition and disposition record. The sale of a consignment firearm is handled in the same manner as other firearm sales.

    Return of any consigned firearms by the licensee to the consignor must be entered in the licensee’s disposition record. An ATF Form 4473 and a NICS check must be completed prior to the return of such firearms.

    [18 U.S.C. 923(g); 27 CFR 478.122, 478.123, 478.124 and 478.125]"

    Same rules apply as buying a new one that they never owned before.
     

    Gator 45/70

    Well-Known Member
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    31   0   0
    https://www.atf.gov/firearms/qa/how-does-licensee-handle-sale-consignment-firearm

    "Firearms received for sale on consignment must be entered in the licensee’s acquisition and disposition record. The sale of a consignment firearm is handled in the same manner as other firearm sales.

    Return of any consigned firearms by the licensee to the consignor must be entered in the licensee’s disposition record. An ATF Form 4473 and a NICS check must be completed prior to the return of such firearms.

    [18 U.S.C. 923(g); 27 CFR 478.122, 478.123, 478.124 and 478.125]"

    Same rules apply as buying a new one that they never owned before.

    Well damn it,Its a double standard/background check,No wonder people should fight to keep gunsales private!
     

    jdindadell

    Not Banned!!!
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    267   0   1
    Feb 14, 2010
    4,200
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    Slidell
    Well damn it,Its a double standard/background check,No wonder people should fight to keep gunsales private!

    Yep

    To the OP, put it up for sale on the forum, say the price is firm. List any other requirements and let it ride. See what happens. I have never been horribly low balled, and if I do get an offer that is lower than I like I counter politely. Not bad selling here, I have enjoyed meeting the other members and making friends and deals!
     

    bigtattoo79

    Well-Known Member
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    94   0   0
    Sep 12, 2009
    3,952
    63
    LA
    https://www.atf.gov/firearms/qa/how-does-licensee-handle-sale-consignment-firearm

    "Firearms received for sale on consignment must be entered in the licensee’s acquisition and disposition record. The sale of a consignment firearm is handled in the same manner as other firearm sales.

    Return of any consigned firearms by the licensee to the consignor must be entered in the licensee’s disposition record. An ATF Form 4473 and a NICS check must be completed prior to the return of such firearms.

    [18 U.S.C. 923(g); 27 CFR 478.122, 478.123, 478.124 and 478.125]"

    Same rules apply as buying a new one that they never owned before.

    That’s dumb. I lose interest in my guns everyday and have been thinking about putting them on consignment somewhere. After seeing this I may just go dump them at cabela's. There’s no way I’m doing another 4473 on guns I’ve already done a 4473 on!
     

    S&W4ME

    I'm kind of a big deal
    Rating - 100%
    62   0   0
    Sep 7, 2009
    3,907
    38
    Walker, LA
    That’s dumb. I lose interest in my guns everyday and have been thinking about putting them on consignment somewhere. After seeing this I may just go dump them at cabela's. There’s no way I’m doing another 4473 on guns I’ve already done a 4473 on!
    Be prepared to get .35 on the dollar for them

    Sent from my SM-N950U using Tapatalk
     

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