antages to all four.

There are advantages and disadvantages to all four.

• Selling a collection or part of one yourself to a retail customer can be done. You can advertise in
  local papers, or specialized collector publications, or even on the internet. You will have to provide
  detailed descriptions, research and estimate prices (that may be too high or too low), photos and
  answer lots of questions. Then the real fun of collecting the payment begins. You will wait a while to
  receive the payment in the mail if you sell online. Then you will be tasked with packaging, shipping
  and insuring the sold item(s). If the buyer elects to return the time or it arrives damaged, the whole
  process starts again.

There is of course the issue of advertising what you have and letting scrupulous individuals know
what you have and where you live. If this appeals to you, you will do just fine..

• Selling to a dealer or firearms broker. This is a fast and easy way to unload your items. As a rule
  dealer and brokers pay 35%-60% of what they are going to expect to sell it to their clients or to the
  general public. Example: If you have a Colt worth $1,000.00 many dealers will pay you $300.00 to
  $600.00. You have to hope you are negotiating with an honest dealer. You could however obtain offers
  from several dealers and get an average on pricing.

Be advised, dealers often will want to "cherry pick" and only buy the best items, leaving you stuck
with the less desirable pieces.

• Consignment - Most dealers will charge a commission (usually 20%) based on the actual selling
  price. It’s true, you don’t get paid until the item sells, but you have the potential to get a lot more for
  your item. Example: If the dealer sells the “Colt Revolver” for $1,600.00 - $1,300.00 the owner would
  get $1,280.00 - $1,040.00. Is the extra amount received worth the wait and the risk of having the item
  in the dealer's possession while it is being sold? Many owners think so, and your are not hassled with
  the research, marketing, packaging, transfer paperwork, etc.


• Auctions - These can be a big gamble, there is no other way to say it. A clever auctioneer with a
  motivated crowd of buyers can sometimes get very good prices for even marginal items. A poor
  auctioneer or a disinterested crowd or poor weather, bad regional economic conditions could result in
  poor sales. Also keep in mined that most bidders at auctions seem to be dealers, not collectors,
  so many items often sell at wholesale (dealer) prices. I know this to be true because I’m a dealer and
  I attend such auctions.

• Many times you can expect to get about 30% - 50% less than the actual retail selling price after
  accounting for catalog fees, buyers’ premiums, sellers’ premiums, and assorted other charges. Some
  firms hold auctions frequently, others only a few times a year. Some auction houses specialize in high
  grade pieces (high profit for them) and do not bother with less valuable pieces. Again, watch for "cherry
  picking".

How to explore consignment sales with Adams Ordnance:

• Please contact us before shipping anything.

• Tell us about what you want to sell. We will discuss what you have, possible price ranges, and whether
  we are a good fit for selling your items.

• If we agree that we are a good match for your needs, we will make arrangements to pick up the items,
  or have you to ship them to us by insured UPS.

• When we receive the items we will inspect them and confirm recommend selling prices. We will sign
  a contract with you to sell them at a set price range.
  Often we are able to justify higher selling prices after thoroughly researching items. As you would expect,
  we’ll start offering items at the higher end of the estimated price range.

• Since customers are buying from us, our reputation is on the line. We will describe items to the best
  of our knowledge and belief, and will not misrepresent items for a seller. We will not take items on
  consignment at prices that we think are unrealistic or unfair to the buyer.

• We normally contract for a consignment period of 180 days (six months) to sell your items. This allows
  time to research them properly, advertise them in catalogs or by other means, and offer them at appro-
  priate collector's shows. In our experience about 80-90% of properly priced items will sell in that period
  to time.

• We are responsible for the security and safety of your items while in our possession, and will give them
  the same secure storage as our own inventory, covered by insurance for the consigned value.

• When your item is sold (customer has paid for it, it has been delivered, we will send you a check for
  the sales price less the commission. Our normal commission rate is 20% of the actual selling price.
  (On some less expensive or slow moving items it may be higher, on some quick moving or high value
  items it may be less.

• We will gladly provide names and phone numbers of previous consignment customers as references.

 Remember, there is no charge unless your item sells.


Adams Ordnance Surplus    Since 2001
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Adams Ordnance offers military props, i.e.; Uniforms, ordnance (inert), equipment, creates, cans, period wine bottles, etc. Consulting available for all military items dating from WWI to the present day military. Technical advice or military uniform, equipment and weapon configurations for your movie, documentary or any other commercial project you may have.

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