Quote:
Originally Posted by Ronald Scott
Thank you all for your thoughtful answers. Most seem to feel it's very subjective and each gun should be considered as an individual. I'm still left wondering "what is this gun worth"?
What do you guys think about the way the Blue Book of Gun Values uses the PPGS (Photo Percentage Grading System)? The author and publisher says, " Condition factors pictured (indicated by PPGS-o-meters)....
Then when describing a refinished Parker DHE hammerless SxS he says after an explanation on p 97: "If this gun was all original, and in 95% condition overall, its value would be $11,500-$13,500 range (and easy to sell!). This non-original DHE in this type of refinished condition would probably be valued in the $3,250-$4,000 range, or less than half of an original.
So he is deducting 50% for the refinish. Sound right to you guys?
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Ron,
There is a person that did extensive research on English gun sales. He developed a system to take into account the Original Quality, Current Condition, and Brand Value. Ignoring Brand Value, his findings were Current Condition impacts price quite a bit. A refinished gun takes a big hit. Approximately 45-55%. A refinished gun reduces the pool of potential buyers.
Ken