Define the word "new" as in want ads ?
First exclude retail sales and Custom parts makerS. They never use the word ” new ” anyway.
When you read a want ad “item For SALE” from a consumer and condition of said item is listed as “New” “NIB” “LNIB” What does that mean to you? I have come to the conclusion that any item purchased from a retailer and received by the consumer and the package factory sealed is broken/opened box and touched/fondled the new item is now used.
To me “new” is in the factory sealed never opened box, I know the box can be “resealed” but that is not what this thread is about. Please don’t hi-jack this thread.
So when you buy a “For Sale” item from the TAG for Sale forum, what do you expect when condition of this item is labeled “NeW”?
Sam ❓
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Seems the internet and the NRA have different standards, would like to think The TAG holds to NRA standards.
Sam 😎
http://www.armchairgunshow.com/Condition-NRA-Guns.htm
NRA MODERN GUN CONDITION STANDARDS:
NEW: Not previously sold at retail, in same condition as current factory production.
PERFECT: In New condition in every respect. (Jim’s note – in my experience, many collectors & dealers use “As New” to describe this condition).
EXCELLENT: New condition, used but little, no noticeable marring of wood or metal, bluing perfect, (except at muzzle or sharp edges).
VERY GOOD: In perfect working condition, no appreciable wear on working surfaces, no corrosion or pitting, only minor surface dents or scratches.
GOOD: In safe working condition, minor wear on working surfaces, no broken parts, no corrosion or pitting that will interfere with proper functioning.
FAIR: In safe working condition but well worn, perhaps requiring replacement of minor parts or adjustments which should be indicated in advertisement, no rust, but may have corrosion pits which do not render article unsafe or inoperable.
Thanks guys, I agree so another Question?
“New means not equal to retail value” that being said how do I calculate fair market value for a new item, knowing it’s Retail value. For a few more dollars, I can buy it )))—>new at the retail value ? That’s what they said, anyway.
Sorry guys triple post: got some error message saying could not post Email. wtf. This isn’t email and it posted anyway?
Now it says can’t delete post that have been posted to, duh..? 😳
Wok delete this double post please, thank you.
Sam 🙄
Thanks guys, I agree so another Question?
“New means not equal to retail value” that being said how do I calculate fair market value for a new item, knowing it’s Retail value. For a few more dollars, I can buy it )))—>new at the retail value ? That’s what they said, anyway.
Sam ❓
Thanks guys, I agree so another Question?
“New means not equal to retail value” that being said how do I calculate fair market value for a new item, knowing it’s Retail value. For a few more dollars, I can buy it )))—>new at the retail value ? That’s what they said, anyway.
Sam ❓
So yes, I agree with you on that point.
I think that sums it up perfectly.
New – Bought it, tossed the box, decided not to use it, after laying around collecting dust it’s now for sale.
NIB – Bought it – not what I thought it was, time to move it out. (with paperwork)
LNIB – Carefully tried it out, no scratches or gunk spilled on it, put back in box and now it’s up for sale. (with or without paperwork)
07condor22 asked,
“So when you buy a “For Sale” item from the TAG for Sale forum, what do you expect when condition of this item is labeled “NeW”?
To me “new” is in the factory sealed never opened box”
My expectations have been lowered. I used to feel the same as you, but have come to realize new to most people is only that they haven’t tried it out, or scratched it up to where you can tell they tried it out.
This comes more from Ebay or other places, not so much from TAG, here I expect a little better, but should I really?
07condor22 said,
“I have come to the conclusion that any item purchased from a retailer and received by the consumer and the package factory sealed is broken/opened box and touched/fondled the new item is now used.”
If I am buying it anywhere other than a retailer, basically, it is used. No warranty, no returns. So, “New, NIB, LNIB” are more of grading terms than anything else, if it’s not from the source, it’s not new.
So yes, I agree with you on that point.
Yep, new means NOT used.
NIB means that it arrived and it was never used.
Allegedly… 😕 😆
New to me means not been used. It can have been taken out of the box and looked at, but thats all. Once its been used, its,err, used!
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I’ve known big stores, e.g. Sears, to repackage and sell as new. They got caught and I did finally get a new auto battery,or I think it was because it didn’t die on me within one year. You lay down your money, you take your chances. If you live long enough you’ll be screwed by big and small. The problem is the lack of morals and lack of fear of reprisal. “LNIB” doesn’t mean shit IMO. What is meaningful is can you get them to make good on what you consider was misrepresented. “Like New” could mean no blemishes and works as good as new But has been used for some time with no measurable wear.
Spacifically, New, NIB, LNIB, or any of those bullshit terms indicate perfect appearance AND does not require service or repair in order to safetly use for it’s original purpose.