Latest Auctions

[alfsauve]

A number of car and electronic auctions around the country this weekend.  The only gun related one of note is this one in Virginia Beach:

January Firearms & Militaria Auction
Echoes of Glory International Military Auction Hous


http://www.proxibid.com/asp/Catalog.asp?aid=34875

Interesting to look at, but WARNING there is an 18.5% internet auction fee!   

Not a huge number of guns, but some interesting Mausers, Nagants, '03s.  Unfortunately someone with a screen name of "moguns" has already bid $130 on some of the Nagants.   That's $154 after the internet fee, before shipping! 

[fightingquaker13]

At an 18.5% markup, plus shipping and transfer fees, unless the seller is just liquidating stock, I don't see how you can save money. It seems the only utility is in finding a particular model firearm that you might not find elsewhere. Even here though, its sight unseen, and all sales final. I'm a bit skeptical.
FQ13

[alfsauve]

At an 18.5% markup, plus shipping and transfer fees, unless the seller is just liquidating stock, I don't see how you can save money. It seems the only utility is in finding a particular model firearm that you might not find elsewhere. Even here though, its sight unseen, and all sales final. I'm a bit skeptical.
FQ13

I wrote ProxiBid, but they're just the middle men.   I was hoping they'd sort of nudge the auction houses to bring down the on-line fees.  Obviously not.    However that doesn't stop some people.

Two ways to win though.  One is for  something rare you really, really, really got to have....really and you can't find anywhere else.  The other is if you're the only bidder.    Thanks to some friends here who didn't bid against me, that's how I got one gun.  I had put in a low pre-bid and nobody else bid against me.   But that was only a 10% markup auction.

[tombogan03884]

At an 18.5% markup, plus shipping and transfer fees, unless the seller is just liquidating stock, I don't see how you can save money. It seems the only utility is in finding a particular model firearm that you might not find elsewhere. Even here though, its sight unseen, and all sales final. I'm a bit skeptical.
FQ13

He didn't say it was a good one, He posted that it was the only one.

[alfsauve]

THURSDAY 1/13:  There's one in Edgewater, FL  for our FL friends.  The on-line fee is 17%  BUT the on-site is 10%!!  Trouble with this one is that the pre-bids are awful high....unless there something really collectable about a Mosin-Nagant that I'm missing.

http://www.proxibid.com/asp/Catalog.asp?aid=34882 

SATURDAY  1/15;  Winchester, KY   Lot's of guns.  Several Sig P250s NIB if you want one.  WARNING 18% fee

http://www.proxibid.com/asp/catalog.asp?aid=35133&ipp=100

[Sponsor]

[philw]

there are some nice guns there

[alfsauve]

It's the Big One, Teresa.  

Rock Island Auction Company, February 19th and 20th.   I estimate over 5,000 firearms.   Every era, every description.  I've corresponded with RIAC for some clarifications about this auction and they sent me free "the catalog".  Wow, 280+ pages of guns.  

There are a lot of collectibles in here.   I saw IBM and Rockola M1 Carbines.  A number of 19th century single actions.  AND a pair of High Standard Crusader revolvers... one in 44mag and the other in 45LC.   HIGHLY Collectible and somewhat undervalued.  Only 500 of each made.  Most gun trader guides don't even list this gun.   If I hit the lottery between now and then....they're MINE I'm just saying, if you see my user name pop up in the bidding for these.....back off.

Here's the nitty gritty

• All bidders, both on-line and on-site, pay a 15% fee, over the bid price.
• Credit card purchases add  2.5%
• If you go through ProxiBid you pay another 2% premium
• You can bid directly on-line with RIAC without the 2% Proxibid fee
• You can also do an absentee bid by mail.
• This is auction is aimed at dealer/collectors and guns are sold in lots, not singularly **

** What this means is that they try to have each lot worth around $1,000.   Some lots have one gun, others two and some even have 20 or more very cheap guns.   To get one gun you want you may have to take in a couple of others.



Even if you're not interested in buying this is well worth the time to puruse through the on-line catalog.   Do searches for those guns you interested in to speed up things.

http://www.rockislandauction.com/auction/aid/1016

[tombogan03884]

Hey Alf, here's one for you
Put me down as your reference.

http://www.guns4pennies.com/

Glock, FN PS 90, Chiappa, all currently under $.10, Yes, current bidding on these is under a dime .

[TAB]

Hey Alf, here's one for you
Put me down as your reference.

http://www.guns4pennies.com/

Glock, FN PS 90, Chiappa, all currently under $.10, Yes, current bidding on these is under a dime .

so whats the catch?  If something sounds too good to be true it is.

[BAC]

so whats the catch?  If something sounds too good to be true it is.

This seems to be the latest trend in online auctions.  If I understand it correctly, bids are in increments of $.01 and the auction keeps going until no one makes a bid for a certain period of time (I think it's usually 30 seconds).  The big catch is you have to buy bids, so they make money regardless of how much an item sells for.

Pretty clever, actually.