This is from a gun collection, part of an estate with which I am helping a friend. Basically, I am trying to establish a fair market value for each item. That whole story is in another thread, if you are interested:
This handgun is decribed by the owner's family as:
I actually have one of these little .41 rimfire Remingtons - a family heirloom that was passed down to me years ago - so I am somewhat familiar with the firearms, if not their value (I never considered selling mine...).
My most current copy of the Blue Book describes this as "OVER AND UNDER DERRINGER - Type Four." (I believe the family was incorrect in calling it a "Type III") It places the value at $500 for 80%, $425 for 70%, $375 for 60%, $325 for 50%, etc. As you can see from the pictures below this blued model is in fair condition with a good deal of finish wear. It does not have a box or any papers. I am no good at assessing percentages, so I would appreciate any advice on how to evaluate/price this firearm fairly. I would prefer to avoid the hassle and expense of having these firearms professionally appraised, but I would like to be in the right ballpark when I establish the values.
As it is, I am thinking $375. Does that sound reasonable, or am I way off base?