The phrase refers to a useful resource, typically a publication or on-line database, that gives estimated market costs for firearms. It’s usually up to date yearly to replicate present market developments and circumstances affecting the worth of varied makes and fashions. For instance, one may seek the advice of this useful resource to find out the approximate price of a classic rifle earlier than promoting it.
Understanding the honest market worth of a firearm is essential for each patrons and sellers. It ensures transparency in transactions, helps people keep away from overpaying or underselling, and offers a foundation for insurance coverage valuations. The idea has its roots in comparable valuation guides used within the automotive trade, adapting the identical ideas to the particular traits and accumulating patterns of firearms.