Tag: Firearms Consignment

  • 5 Reasons to Sell on Consignment

    5 Reasons to Sell on Consignment

    Selling furniture, jewelry, art and clothing on consignment is a popular choice for anyone looking to earn some money on high-value items without the hassle of managing the sale. There is a lot involved in the sale of an item, including advertising, negotiating, and working through the weeds of unmotivated buyers. Selling via consignment allows the seller to pass the ownership of those tedious tasks to another individual as a trade for a percentage of the sale price.

    It is no wonder that selling firearms via consignment is just as popular as selling expensive handbags. If you are familiar with selling on consignment, you are aware that many of the benefits in doing so are equally present regardless of the nature of the item being sold. For example, whether you are selling an oriental rug or a handgun, you will find that selling via consignment limits the hassle of posting the item on Craigslist or Facebook and keeping up with the item’s post. Similarly, whether you are selling your Great Aunt’s porcelain doll collection or her hunting rifle, selling via consignment eliminates the uncomfortable negotiation process. Below is our list of top 5 benefits of selling an item, especially a firearm, on consignment.

    Reasons to Sell on Consignment

    Top 5 Reasons to Sell Via Consignment

    1. Hassle free experience
    2. Don’t have to deal directly with the buyer
    3. Sale is 100% legal and compliant (which is essential with firearms)
    4. No need to deal with window shoppers or tire kickers
    5. Access to customers who are ready to buy

    In addition to the reasons listed above, selling your firearm on consignment through Lambert Pawn, offers even greater benefits to the seller. Our shop sees hundreds of customers each week, which means our consignment sellers have the opportunity for their firearms to be seen by those same customers! Thanks to our community standing and stellar reputation, we also have a long list of regular firearms buyers who check in with us regularly to inquire about new inventory.

    The perks of consigning at Lambert Pawn don’t stop there. Since we are an FFL store, we handle a lot of firearms and firearm accessory inventory. This means that our knowledge and experience in dealing with the sale of these items far exceeds your Average Joe. In fact, we might just even know more about selling your gun than you do. When it comes to selling firearms online, we have full knowledge and operating authority to sell guns online that may cross state lines, something that most independent sellers are unable to say for themselves.

    We even offer the option to ship your gun TO US to sell on consignment. So if you are just stumbling on this post via a random search but are across the country, you’re in luck. You’ve found exactly what you’ve been looking for to sell your firearm as quickly as possible with the assurance of knowing you walked away with a fair amount. Don’t believe us? We have A+ ratings on every website we are listed on – do another Google search and see for yourself.

     

  • California Proposition 63

    California Proposition 63

    If you are a licensed gun owner in the state of California, you’ve likely heard of Proposition 63. Proposition 63 places stronger requirements on the purchase and possession of ammunition. While there is strong support for the new law, there is also a strong voice of opposition. Opponents to the law argue that the law violates the rights of the second amendment. Regardless, the law is still on track to take effect beginning January 1, 2018.

    California Proposition 63

    California Proposition 63

    In summary, Proposition 63 states that as of January 1, 2018, it will be illegal to purchase ammunition, reloading bullets and brass, magazines and speed loaders via the internet or mail orders without shipping to a licensed dealer. However, there is more to the law that will affect gun owners as well as ammunition dealers, like Lambert Pawn. Here is what you need to know about the law.

    • A background check will be required in order to purchase ammunition in California
    • Dealers must obtain a 1-year license from the Department of Justice (DOJ)
    • Purchasing ammunition out-of-state and returning with the purchased ammunition to California will risk a misdemeanor charge
    • In order to give or sell personal ammunition to another individual, owners will need to seek out a licensed dealer to act as a middle-man and essentially oversee the transfer.

    Essentially, the state of California is trying to ensure background checks are taking place and that the individuals verifying the checks are also verified (licensed) through the Department of Justice. The law was introduced and passed with the hope that it will keep guns and ammunition out of the wrong hands by closing loopholes in existing gun laws. Supporters of the law say that the law does in fact protect the rights of law-abiding citizens’ abilities to bear arms as allowed by the second amendment.

    Lambert Pawn is a proud dealer of guns and ammunition and is licensed by the Department of Justice. We look forward to partnering with you for all your ammunition needs and are happy to answer any questions regarding the new law and required background checks for the purchase of ammunition.

  • How to Clean your Gun Before Pawning or Selling

    How to Clean your Gun Before Pawning or Selling

    There is no question that when you want to pawn or sell an item, you should put your best foot forward. You should be prepared to answer questions about your item, have an idea of the current value of the item and be prepared to walk away from the deal. However, it is also important to remember that your item’s first impression is just as important as yours. Make sure you clean off cobwebs, wipe off dirt, and if possible, remove rust spots before trying to pawn or sell your gun.

    How to Clean a Gun before Pawning or Selling

    How to Clean your Gun Before Pawning or Selling

    One of the more difficult items to clean is a firearm. There are a lot of moving parts, tough to reach areas, and sometimes, signs of age that can be difficult to erase.

    Step 1: Prepare the Area

    Cleaning a gun typically creates a mess. For this reason, you will want to find a space where you don’t mind the mess or that can easily be cleaned up.

    Step 2: Gather your Supplies

    There are a few must have items when cleaning your firearm. Make sure you gather these items before you begin.

    • Toothbrush
    • Cotton Rag
    • Gun Cleaning Solvent
    • Copper or Brass Brush
    • Thin Gun Oil

    Step 3: Remove Surface Dirt

    Use your dry cotton rag to remove any surface level dirt or sediment off the firearm. Remove the gun’s barrel so you can wipe inside. Removing as much dirt and grime during this step will make the remaining cleaning process smoother.

    Step 4: Remove Rust

    Many pistols are made with polymer components so you will want to separate those pieces from the steel pieces. The reason being is that we recommend cleaning rust off with a copper or brass brush. However, a copper brush will scratch the polymer pieces; which is why you will want to separate the two materials when removing rust. A small toothbrush should suffice to clean off grime from the polymer.

    Steel Components Include:

    • Upper Receiver
    • Barrel
    • Recoil Springs
    • Magazine

    Use your copper or brass brush to begin removing rust from the steel pieces of your firearm. Repeatedly shake out the gun during cleaning to remove lose rust particles. This may be the most time-consuming part of cleaning your firearm depending on the amount of rust. Finish by wiping the firearm with your dry cotton rag.

    Step 5: Apply Solvent

    Applying cleaning solvent to your firearm is an optional step. The solvent will help breakdown any remaining dirt or grime that is difficult to see or reach. Use your toothbrush to scrub inside any cracks or crevices you cannot reach.

    Step 6: Apply Gun Oil

    Wipe down your firearm with gun oil to prevent rust from forming on the gun. You only need a very small amount to provide your gun with added protection. If you accidentally apply too much oil, you can easily use your cotton cloth to wipe down the gun and remove the excess.

    After following these steps, your firearm should look shiny and new. You are now ready to visit your pawn shop and begin negotiations. As always, be sure to bring your firearm to the shop unloaded and securely locked in its case. It’s important to always follow safety guidelines for safe handling of firearms.

  • Can I Pawn my Firearm in California?

    Can I Pawn my Firearm in California?

    If you are in need of a pawn loan and have been wondering if a firearm is something you can pawn, we’re here to help explain not only that you can, in fact, pawn your firearm, but also what to expect from the process in our area, including what to bring along with you when you take in your firearm for valuation.

    gun consignment in Whittier CA

    Can I Pawn my Firearm in California?

    Pawn shops must be federally licensed to offer pawn loans for firearms. While there are not too many restrictions on the type of firearm that a pawn shop will deal with, there are a few guidelines to follow when bringing your firearm in as collateral.

    • Call ahead to be sure that the pawn shop deals with firearms.
    • Bring your firearm to the pawn shop in its locked case, unloaded along with any accessories you have for the gun.
    • You must provide a state-issued photo ID and be over 18 years of age.
    • Be prepared to complete a background check at the shop before pawning the firearm OR before having the firearm returned to you after fulfillment of the loan agreement. This step is dependent on your pawn shop and may or may not be required.

    There are no heavy restrictions on the types of firearms that qualify for pawn loans other than, of course, the firearm being street legal. Below are the 3 most common categories of firearms considered for pawn loans.

    • Mechanically functioning quality handguns or rifles will typically be considered as collateral for a pawn loan.
    • If your firearm is brand new or “like new”, it will likely be considered and its collateral value will increase.
    • Antique firearms are especially popular, specifically rifles from the Civil War. If you have an antique firearm, your local pawn shop will follow their standard process for guaranteeing the authenticity of the piece before making an offer.

    As with any pawn loan, expect the offer on your firearm to be 30-60% of the current market value. If you decide to accept the loan offer, make sure you fully understand the parameters of the loan (i.e. loan term, payments, etc.).

    Please be sure to use the best firearms handling standards, and you’ll be all set.

    Have a question about pawning your firearm or want to stop in with yours? Here’s all our contact information for you.

  • What You Need to Know about Firearms Consignment

    What You Need to Know about Firearms Consignment

    Get money for your firearms from Lambert PawnIf you own firearms, you may wonder about selling firearms on consignment. There are many lines of thinking about this, but if you’d like to sell your guns for a fair price, consignment can often help you get the best price for your guns.

    Before you get started, there are a few things you should know in order to make sure you enter into the firearms consignment process as informed as possible.

    How Does Firearms Consignment Work?

    First, it’s important to understand how consignment works in general. A consignment sale is one where the owner of the item (you) remains the owner until the piece is sold to a third party. What that means is that you take your firearm to a consignment store and make an agreement that they will sell it on your behalf since they have access to more people interested in purchasing firearms than you do. You go home but retain ownership of the gun. When the shop sells the gun to a third party, you receive relinquish ownership and receive payment.

    3 Things to Know about Gun Consignment

    • Consignment Fees Since the gun consignment shop is doing work to bring your gun to a new owner, they receive a portion of the sale price. This consignment fee is not paid until the firearm is sold. There should be no upfront costs to firearm consignment. However, consignment fees can range from 15-25%. Make sure you know what the consignment fee is and why. A lower fee is not always better – it may mean you get a lower price for your firearm or it takes longer to sell since the shop does not intend to work hard to sell it. Alternately, a high fee is not always better. It may simply mean the shop wants more money. Make sure you know whether the fee is fair for the work that’s being done.
    • Firearm Promotion In order to sell well, it’s important to understand how your firearms will be promoted. Some shops take high quality photos and get a full, detailed description of the firearm to provide to potential buyers. This can increase the likelihood that buyers will come in to see your item. Some shops have a special rack designed for guns that are on consignment. Regardless of what their practice is, it is important that you understand how your item will be promoted and how likely it is to sell.
    • Licensed Dealers There are plenty of people who are willing to take a cut of your profit in exchange for selling your firearm. However, if these shops are not properly licensed on a local, state and federal level, this can spell trouble for your consignment deal. Make sure you’re working with a professional firearms consignment shop that is properly licensed at all required levels.

    Firearms consignment can be an excellent way to get the best value for your firearms. However, it is not something you should jump into uninformed. If you still have questions about firearms consignment, we’re happy to help. Feel free to contact us to learn more about firearms consignment in your area.