Long story short is that I have been helping my wife's stepmom liquidate some firearms her dad owned. He passed away over a year ago. It is somewhat irritating that he had terminal cancer for 2 years and made no plans for disposition of his firearms collection. It was nothing amazing but he had a few interesting things.
For a number of reasons I have been helping my mother in law occasionally sell items to Cabelas knowing they are buying them about 60% retail value. According to condition and blue book values she has got fair deals from them so far. No complaints at all on her part. She understands that a private party sale would garner more dollars but just does not want to deal with that even when I offered to help with that. I respect her wishes. One item my daughter is interested purchasing from her grandma is a Remington 1100 12 gauge trap gun. Her grandfather was into trap and skeet shooting and next year she wants to participate on the HS trap team as a freshman.
According to the blue book value the 1110 in 90% condition has a retail value of $270. So Cabelas will likely offer her $162. My mother in law wants me to float her a price for the 1100. I don't want to low ball her and I don't want to offend her.
I am thinking of meeting her half-way on the price. So $216 for the 1110 is a half-way offer. It would be more than she would be offered by Cabelas, plus the firearm stays in the family with the connection to grandpa, and seems like a fair offer all things considered. My wife still is irritated her dad had no plan nor liquidated his shooting stuff before he passed. He had plenty of time to figure it out. So a small reminder to everyone to have their wishes known...
What do you guys think about my pricing offer to her on the 1100?
Thanks!