If you've often considered attending a firearms auction and finally have the extra money to invest in a new piece, you may be considering visiting the next auction in your area. For those who are new to firearms auctions, the whole process can seem somewhat intimidating. Here's a look at some things that you need to know to ensure a positive experience when you attend the auction.
Identify The Preview Period
Most firearms auctions are advertised with what's known as a preview period. This is the time when the auction space is open for potential buyers to come in and examine each piece that will be up for auction. It's important that you attend the preview if you intend to purchase a firearm at the auction. This is your opportunity to closely inspect each option so that you find the right piece for you. If the auction listing doesn't detail the preview period, call the auction house and ask about it.
Know What You Are Looking For
Before you go to the preview, you should have some idea of what type of firearm you're hoping to buy. That way, you can familiarize yourself with the features to look for and ensure that you pay a fair price.
There are also a few things you should examine, no matter what piece you're looking for. First, look for all the serial numbers on the weapon. Each serial number should be intact, and it should show no signs of altering. Any missing serial numbers are an indication that the gun has been altered.
Do a quick physical inspection as well. The gun should appear well taken care of. There shouldn't be any obvious signs of neglect, nor should the grip or barrel show any cracks or other physical damage.
Check the condition of the gun down the barrel and inside the chamber. Look for any signs of damage in these areas. While the outside of the gun will probably be cleaned and polished before the preview, few auction houses do a thorough cleaning on firearms, so a gun that's clean and cared for inside the barrel and the chamber is a gun that's in good condition and worth investment.
Set Your Budget
Finally, you need to go into auction day with a clear, fixed budget in mind. Especially with firearms, it's easy to get into a bidding war over a piece that you really like. Setting a fixed budget that you can't bid above will help you avoid this overspending risk.
If you're considering buying or selling firearms at auction, consider talking to a local expert for more information on how to get started.