Most people sell a firearm the same way: walk into a gun shop, take the number on the counter, walk out. It's fast — and it leaves most of the money behind. Consignment is the alternative. I sell your firearms on the open market for you, handle everything, and take a 20 percent commission. You keep roughly 80 percent of the sale price.
I'm a licensed FFL holder running Gun Legacy in Parker, Colorado. Consignment is the core of my business, and it's where Colorado families consistently get two to three times what a shop would have paid.
The Math, Honestly
Gun shops buy to resell at a profit, so they typically offer 20 to 30 percent of market value. That's their business model — but know the numbers before you accept them.
On a firearm worth $1,000 on the open market:
- Gun shop counter offer: $200 to $300. Cash today.
- Gun Legacy consignment: roughly $800 in your pocket after my 20 percent commission.
Across a collection, the difference is often thousands of dollars for you or the estate's heirs.
How Consignment Works, Step by Step
1. Free consultation. Contact me and tell me what you have — we'll talk through whether consignment fits. No pressure.
2. Valuation. I identify each firearm, assess its condition, and price it from real recent sales data. You approve the asking prices before anything is listed.
3. Agreement. We put the terms in writing: 20 percent commission, where firearms will be listed, how you'll be paid.
4. Listing and marketing. I photograph, describe, and list each firearm where serious buyers look, and handle every inquiry and negotiation.
5. Sale and legal transfer. When a buyer is found, I process the transfer as a licensed dealer, with the CBI background check and buyer eligibility verified through the normal process.
6. You get paid. Once the sale is complete, you receive the sale price minus my 20 percent commission.
How Long Does It Take?
Typically weeks to a few months, depending on the firearm and the market. Common guns move quickly; unusual or collectible pieces take longer — but those are where consignment earns you the most. I'll give you honest expectations for your specific firearms upfront, and I keep you updated while they're listed.
Consignment and Colorado's New Law
Since SB25-003 took effect on August 1, 2026, buyers of specified semiautomatic firearms — generally semiautomatic rifles or shotguns with detachable magazines — need a sheriff-issued eligibility card and a safety course. Transfers to licensed dealers are exempt. That makes consignment the practical route for covered firearms: you transfer to me without the card process and I handle compliance on the onward sale. This is general information about Colorado law, not legal advice.
When Consignment Isn't the Answer
I'll tell you straight: if you need cash today, consignment isn't it — a shop's same-day offer exists for a reason. And for a single low-value firearm, the dollar difference may not justify the wait.
But if you're settling an estate, selling a collection, or holding anything collectible or unusual — consignment wins on dollars nearly every time.
I'm by appointment, Monday through Friday, 9 to 5, serving Parker, Castle Rock, Lone Tree, Centennial, Highlands Ranch, Littleton, and the Denver metro. Call (720) 998-4776 or email info@gunlegacy.com for a free consultation.