There are many reasons why you may want to know the value of your firearm. Maybe you’re looking to sell your gun in the future and want to know approximately how much money you could get for it. Perhaps you inherited a gun and are curious about how much of an asset it is to you. Regardless of your reason behind wanting your gun appraised, you should know that there’s much more to finding the value of your gun than taking a quick look at it. Here are a few of the biggest factors that go into gun appraisals.
- Condition. A gun that is heavily damaged will have a lower value than a gun in near-perfect condition. The condition doesn’t just refer to any visible marks, scratches, or wear and tear. It also refers to how functionality has been affected, such as internal issues negatively impacting accuracy.
- Rarity. Many people turn to gun appraisals when they believe they have a rare gun. The rarer the firearm, the higher the value will typically be. As you’d expect, this is due to how readily available a gun would be for someone looking to purchase one.
- Brand. For any item being sold, the brand can make a big difference in the value that the item holds. Some brands, such as Smith & Wesson, are known for making higher-quality guns, which results in a higher associated value.
- Type. This factor isn’t as significant as others, but it’s still worth noting. Some firearms simply have a higher value than others when you control for aspects like condition or age. For some brands, a rifle may be worth more than a shotgun, for example.
Reliable gun appraisals come from experienced gunsmiths who know what to look for. If you have a gun that you want appraised, reach out to us here at ProShots.
