Indians For Guns

Vikram,

Through IFG I have now communicated with some interesting people whom I would like to know more about (how can I talk them off-topic I still have to check rules ) .

Being in Delhi, I have contacted dealers and as you were right, they are giving very much less. I know dealers here are very clever.
If somebody known to you, your circle or any other member here would be interested, it will be of great help.


Thanks ..

Currently the market for guns and especially beat up old SxS shotguns (no offence intended, just saying it like I see it) has pretty much tanked. After seeing the photos, IMHO even 50K would be a damn good price to get... YMMV

A dealer would typically offer 20% less than market value, as he has to take the risk of buying and stocking it, in the hope that he can make a quick and profitable sale. After all he is in the business to make a profit

The market value of imported firearms has been on a downward trend for the past few years, especially since 2016. There are many factors responsible for this:

1) Far fewer fresh licenses being issued

2) Increased renewal fees and late renewal penalties (per Arms Rules 2016), led many old timers to start selling off their firearms

3) Poor state of the Indian economy these past few years

4) Lastly, with the recent Arms Act Amendment (December 2019), many people are being forced to part with one of their guns, to stay within the (new) limit of two guns.

While 1 & 3 limit demand, 2 & 4 mean that there are many more guns coming up for sale, i.e. more supply.

Wish you luck with the sale.

If you wish to put it up for sale here, DO REMEMBER to adhere to the rules regarding putting up free classified adverts on this website (see viewtopic.php?f=1&t=15160 )

Cheers!
Abhijeet

Thanks Abhijit for sharing your valuable experience, views and current market trend. Really helpful and guiding to me .
Will try accordingly.
IMHO , Still I feel forums specially IFG will be better place to deal if somebody wants it..

Cheers..

Hi Folks,

Hope you all are doing good. After much efforts now , I am unable to find a buyer for my gun mentioned in this post. Need help with other options available like disposing/surrendering the same in police records if nothing is working to sell it. I am stuck with it.
Even tried some museums but they say its not antique . Any help is much appreciated .

Sincerely,

indeep wrote: ↑

Wed Mar 09, 2022 10:48 pm

Hi Folks,

Hope you all are doing good. After much efforts now , I am unable to find a buyer for my gun mentioned in this post. Need help with other options available like disposing/surrendering the same in police records if nothing is working to sell it. I am stuck with it.
Even tried some museums but they say its not antique . Any help is much appreciated .

Sincerely,

To be honest, the gun is in very bad condition and I think no dealer will buy it. You can deposit it in police station. Give an application that you can not look after the weapon.

Police won’t accept the gun easily. You will have to give some good reasoning like you are too old to take care of the gun or you live alone and the gun can be stolen when you are not home. You know how things work in police stations.

Just a suggestion, many ex Armed force service men purchase second hand/used/old guns, specially the DB as they work with security services and mainly posted in Banks. They prefer. go for low budget weapons.
If your purpose suits then you can give it to some of those fellows off course with all documentation and a suitable charge. It will solve your purpose as well the weapon will also maintained in future.

Vineet and Shivaji,,

Appreciate your inputs on the same. Thanks for guiding ...

Shall I take it to be good deal if somebody wants it for below 20k.


Sincerely,

For this gun, yes. Better get rid of it.

Shivaji,

Just for a reason, if you don't take it otherwise, I remember, you said it can fetch 50-60k in initial reply...What was your viewpoint at that time, or were you missing something you had now noticed.

Sincerely,

Folks,

It would be helpful if anybody can please share the step-by-step tasks I shall need to do if some "Dealer/gun house" or "individual" sets a deal.
I mean the docs. I would be requiring from them first to make deal documented and then.
In case it goes, Should the sale permission be executed first just on verbal commitment by any such party or is there some agreement/letter i need to get before initiating sale permission.

Sincerely,

indeep wrote: ↑

Sun Mar 20, 2022 1:25 pm

Folks,

It would be helpful if anybody can please share the step-by-step tasks I shall need to do if some "Dealer/gun house" or "individual" sets a deal.
I mean the docs. I would be requiring from them first to make deal documented and then.
In case it goes, Should the sale permission be executed first just on verbal commitment by any such party or is there some agreement/letter i need to get before initiating sale permission.

Sincerely,

The procedure to sell a weapon differ from state to state. Here in Punjab one needs to get NOC for sale of weapon from ADM. The NOC is valid for three months and the Licencee can sell the weapon to any license holder having permission to purchase a gun or any dealer within the valid area as per his license.

I believe you are from Delhi so someone from there can help you better.

indeep wrote: ↑

Sat Mar 19, 2022 11:25 pm

Shivaji,

Just for a reason, if you don't take it otherwise, I remember, you said it can fetch 50-60k in initial reply...What was your viewpoint at that time, or were you missing something you had now noticed.

Sincerely,

Bro, in general if a foreign make shotgun or Rifle is available for sale in market, the price is double or more, than it's Indian counterpart ( ofcourse if available). Any well maintained weapon or an old weapon with a recently done some good overall service can fetch a good price.
For example, a W.W Greener SB shotgun belongs to a landlord family in orissa was once on sale and the asking price was 50K. The gun was purchased on 1940s and used in some shikars. Maintained well.
An Indian new SB can go at max 20K if I am not wrong.
But in case of the weapon we are discussing here was not in good condition and it require an extensive servicing. As you are planning to sale it off so there is no point on investing a good amount in its service and better to sale it on the current best price. Again it's just my view.

Thanks Shivaji for explaining.


Sincerely,