Are you worried about complying with all the Federal
and state laws related to the sale and transfer of a
firearm? Do you know the special rules for
shipping firearms or which carriers are willing to
accept shipments from a non-dealer? Is the
person buying your firearm legally permitted to own
a firearm? Putting your firearm on auction
consignment with The Trophy Room, LLC is the answer
to these questions.
The Trophy Room, LLC is happy to accept your
firearms for consignment. Our goal is to
maximize the amount of money our clients can realize
from selling a firearm in a reasonable amount of
time. If you are looking to sell a firearm,
you can hold out for a year for the one person in
the world that will pay you top dollar, or you can
sell it in a reasonable amount of time for 95% of
its value. If you are trying to sell a
firearm, it is probably because you believe you can
utilize the cash for something that means more to
you than the firearm.
We conduct our auctions using Gunbroker.com.
In advance of the auction listing, we will
photograph the item and create a professional
listing. After the item has sold, we will
contact the buyer and ensure that all laws related
to the transfer of the firearm have been met.
Finally, we will package and ship your item to its
final destination. Do not take the risk of
selling a firearm on your own. Put a dealer
between you and the ultimate purchaser.
Unless otherwise discussed, we start our auctions at
$99.99 with no reserve. We never end our
auctions on Friday, Saturday, Sunday and always
attempt to have the auction run for at least 10
days. This maximizes the exposure of the items
for our clients. By starting the price at
$99.99, multiple bidding usually begins early in the
auction. By getting multiple bids for an item,
this ensures that you get the true fair market
value. Bidders in an auction tend to
emotionally rely on other bidders to justify their
own bid. In other words, if someone else
thinks the item is worth $2,000 then I can justify
my own bid of $2,025. A bidder is more likely
to up someone's bid then open the bidding at a high
number when they are unsure of value.
Our auction consignment fee is the greater of $50 or
15% of the final sales price of the item.
Generally, the buyer pays any shipping and insurance
fees, but you, as the seller, are responsible for
the Final Value Fee we pay to Gunbroker.com.
Gunbroker.com's Final Value Fee can be calculated as
- Take the first $25 of your final value and
multiply it by 5%. If your item sold for $25 or
less this is your Final Value Fee.
- If your final value was more than $25, take
the additional amount between $25.01 and $1,000
and multiply it by 2.5%.
- If your final value was more than $1,000, take
the additional amount above $1000 and multiple
it by 1.25%.
- Add up these amounts and that is your Final
For example, the Final Value Fee for a $1,500
item would be:
- $25 times 5% = $1.25
- $975 times 2.5% = $24.38
- $500 times 1.25% = $6.25
- Total = $31.88
For example, the Final Value Fee for a $500 item
In addition, in an effort to maximize value for the
item, we may utilize other services provided by
Gunbroker.com such as Showcase Item or Thumbnail
Pictures. The seller is responsible for these
fees. Examples of these fees are Thumbnail:
$0.25, Showcase Listing: $4.95, Featured Listing:
$2.95, Colored or Bold Faced Title: $1.00. Of
course, these, as well as the Final Value Fees, are
the actual costs from Gunbroker.com and are subject
to change. However, we do not mark up these
- $25 times 5% = $1.25
- $475 times 2.5% = $11.88
- Total = $13.13
Reserve or Minimum Price Auctions
Since our goal is to maximize value to our clients
in a reasonable amount of time, we generally do not
recommend reserve or minimum price auctions.
However, reserve auctions or minimum price auctions
can be agreed to in advance. There will be a
fee should the item not sell. Should the item
not sell after 3 consecutive reserve or minimum
price auctions and the seller does not agree to a no
reserve auction, our fee is the greater of 5% of the
reserve or minimum price or $50 to retrieve the item
from consignment. Should an item not sell in a
no reserve auction after 2 consecutive listings,
there is no fee to remove the item from our
consignment. All ATF rules apply when removing
an item from consignment.
A Note About Dirty Guns - Detailing
Many people find the firearms of a deceased relative
in a closet or have been left firearms by a relative
or friend that know little about firearms.
These firearms may have been neglected for many
years and as a result have surface rust or just need
a good cleaning. It is our policy to wipe
firearms down before photographing them for
auction. However, we will not clean a firearm
in advance of photographing the firearm unless
arrangements have been made with the client in
advance. Detailing a firearm before
photographing may significantly improve the value
realized by the client. It may also save the
client the hassle of a firearm that gets returned
for a defect that was undetectable prior to
cleaning. We charge $50 per 30 minutes to
clean and detail a firearm. Most firearms will
only need 30 minutes. However, once we start,
it may take longer depending on the amount of
neglect. As us about our detailing services.
Please contact us via email about our brokerage and
auction consignment services. Our email
address is email@example.com.