Most gun dealers works on the principle that your gun used is worth half the price of a new one.
Normal mark up is 30%
Which means that the gun that you bought for $300, only cost them $210!
With that in mind, they are not going to pay more for a used gun than what they can buy a new gun with a warranty...
So you should think of it as an investment, keep it and use it or give it to your kids - now or in the future. Heirlooms are not something that was bought today and sold tomorrow!
Your gun should be worth $200 - $275 on the open market!