How Do I Sell a Gun I Inherited?

Highlights

• Here’s a quick step-by-step guide to selling your inherited gun:
  1. Gather all the necessary documentation of your inherited gun.
  2. Get an appraisal.
  3. Choose a selling method.
  4. Prepare the firearm for sale.
  5. Complete the legal transfer.
• If you want the best selling method that’s hassle-free, choose Cash for Arms.

I Inherited a Gun, Now What?

Respecting the Deceased's Wishes

Before you decide to sell, take a moment to consider your situation carefully. This decision doesn't just affect you—it touches on family history and potentially the last wishes of your loved one.

Here's what you should think about:

• Did the previous owner express any specific wishes about the firearm?
• Are there family stories or memories attached to this gun?
• Would keeping it in the family be meaningful to other relatives?

Remember, while monetary value is important, sentimental value can't be replaced. However, if you've decided that selling is the right choice—whether because you're not comfortable with firearms or the gun isn't being used—that's perfectly acceptable. In which case, read on.

Navigating Family Dynamics

One of the trickiest parts of selling an inherited gun can be handling family relationships.

Here's how to approach this sensitively:

• Start with open communication. Let family members know you're considering selling the inherited firearm.
• Listen to concerns. Other relatives might have emotional attachments you weren't aware of. Keep note of them and try to discuss this peacefully. Let them understand that you’re sure of selling your inherited gun.

What to Do With an Inherited Gun If I Want to Sell It

If you’ve cleared the familial matter about your decision to sell your inherited gun, the next steps should be preparing it for sale.

1. Identify Your Inherited Firearm

Your first practical step is knowing exactly what you have. This affects everything from its value to legal requirements for sale.

Here's your checklist:

• Look for manufacturer markings.
• Determine if it's a handgun, rifle, shotgun, or an NFA item (more into this later).
• Check if it has any special features or modifications.

2. Gather Documentation

Having the right paperwork makes selling much easier and often more profitable.

Here's what you need to collect:

• Any paperwork that came with the inheritance
• Original purchase documents
• Service records or modification documentation
• Historical information about the gun
• Family photos or stories about the firearm (these can increase value)

3. Research Its Market Value

Try visiting multiple online platforms that feature the exact type of your inherited gun. You must be able to have a rough idea of how much it is valued in the current market.

4. Clean Your Inherited Gun

If you don’t know how to exactly clean your inherited gun or are just too afraid of doing it, there are professional gunsmiths who can do this for you. Try searching for a reliable gunsmithing service near you.

Inherited Gun Laws: Legal Considerations for Inherited Firearms

Now that your inherited gun is ready for sale, the next step is to research the legality of selling it in your state.

Every state has their own gun laws based on federal laws and the constitution. The following are the basic federal laws that must be observed in all states.

National Firearms Act (NFA)

• Why it matters to you. If your inherited firearm falls under NFA categories, you could face federal charges if you try to sell it without proper registration.
• What you need to do. Check if your inherited firearm is an NFA item before attempting to sell it. If it is, make sure it’s properly registered. If not, contact the nearest ATF office. They can provide guidance on how to proceed with the unregistered NFA item.

Brady Handgun Violence Prevention Act

• Your protection. This law actually helps you by ensuring you're not accidentally selling to prohibited persons.
• What it means for your sale. While you inherited the gun without a background check (family exception), selling to non-family members usually requires one. It varies per state, so check whether or not a background check is required where you live.
• How to stay safe. Working with an FFL dealer automatically ensures compliance with this law.

Again, we emphasize that you know the legalities of selling your inherited gun in the state you live in to avoid legal pitfalls. We have comprehensive blogs about this in all states.

Does an Inherited Gun Have to Be Registered?

It depends on which state you’re in.

States Requiring Firearm Registration

Several states have laws that necessitate the registration of firearms, either for all firearms or specific categories.

Here are the states that require registration:

• California. Requires registration for all .50 caliber rifles and firearms classified as assault weapons.
• Hawaii. Mandates registration of all firearms within five days of acquisition.
• New York. Requires registration of handguns and firearms defined as assault weapons.
• New Jersey. Requires registration for assault weapons and certain categories for new residents.
• Connecticut. Requires registration for assault weapons and high-capacity magazines.
• Maryland. Requires registration for assault pistols.
• District of Columbia. All firearms must be registered.

The rest of the states generally don’t require registration. However, there are some important things to know about some of them:

• Michigan. Doesn’t require registration but requires a local license for pistol purchases.
• Oregon. Doesn’t have a traditional registration system but maintains records of gun transfers.

Options for Selling an Inherited Gun

Now that you’ve understood the legal landscape of selling your inherited firearm, let’s now go to where you can sell it.

You have several options. Let's explore them, starting with the most convenient and secure method.

1. Cash for Arms

Cash for Arms is your best choice for a hassle-free, secure sale of your inherited firearm. We buy inherited guns at a great price, and you can do everything online.

What We Offer

• Guaranteed best offer for your inherited gun
• Free shipping of your gun to us
• Same-day payment upon receiving your gun
• Full legal compliance handled for you
• Expert support throughout the process

Our Simple 3-Step Process

1. Submit your inherited firearm’s details via our website.
2. Accept our offer and ship your inherited gun.
3. Receive payment on the same day we receive your gun.

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2. Other Online Marketplaces

There are other online marketplaces you can sell your inherited gun to, like GunBroker and Armslist. They connect you with potential buyers across the country. However, you'll need to handle shipping, transfers, and paperwork yourself. There are also risks of payment issues or scams.

3. Local Gun Shops

Local gun shops may buy inherited guns or offer consignment services, but the process can take weeks or months to complete. While convenient for local transactions, they typically offer lower prices than Cash for Arms.

Note: If you prefer consignment, try Cash for Arms' premium PrimeConsign™ service for better returns.

4. Private Sales

Private sales require you to find buyers on your own and handle all legal requirements and paperwork yourself. While you might get a good price, you'll need to verify buyer eligibility and ensure compliance with state laws, which can be risky for those unfamiliar with firearm transfers.

Maximizing the Value of Your Inherited Gun

Know Your Market Value

Researching current market prices is essential before listing your inherited gun for sale. Check recent sales of similar guns on reputable websites and get multiple professional opinions.

Remember that factors like manufacturer, model, condition, and historical significance can significantly impact value.

Consider Timing Your Sale

The timing of your sale can make a noticeable difference in what buyers are willing to pay. For example, hunting firearms often command better prices during hunting season. Keep an eye on current events, too—trending firearms similar to yours can temporarily boost market interest.

Document Your Inherited Gun's History

A firearm with a well-documented history often brings a higher price. If you have family photos showing the gun, military service records, or original purchase documentation, these can significantly increase its value. Take time to gather and organize this information before selling.

Present Your Firearm Properly

The condition and presentation of your firearm directly affect its value. Proper cleaning and storage are essential, but avoid making any repairs or modifications without expert consultation. Keep all original parts, accessories, and packaging—these items can add substantial value.

Conclusion

Selling an inherited firearm requires careful attention to legal requirements, family considerations, and proper selling procedures. Following the steps in this blog will help you navigate the process confidently while ensuring both legal compliance and fair value.

Let Cash for Arms make this process easier for you. Contact us today at (904) 977-5477 or visit our website for a free, no-obligation offer and let our experts handle everything for you.