gun auction

[buford t justice]

Went to an estate auction yesterday about mile from home,a coworker told me there were some guns listed in the flier so I thought I would just check it out.

They looked and acted like a normal bunch of people right up to the time the guns started to sell.

At that point every one went crazy the started bidding like these were the last 12 guns on earth.

example A=a plain nylon 66 Mohawk brown not commemorative or bicentennial
a few small scratches,I would have given it a 90% rating went for $375

Example b=an 1897 Winchester pump shotgun with no bluing and a stock that looked like it was refinished by a third grader,sanding scratches across the grain,went for $600

After about the fifth gun I told my son to back away slowly because we had obviously wandered into a crowd of insane people and now they had guns.

 

[gglass]

Went to an estate auction yesterday about mile from home,a coworker told me there were some guns listed in the flier so I thought I would just check it out.

They looked and acted like a normal bunch of people right up to the time the guns started to sell.

At that point every one went crazy the started bidding like these were the last 12 guns on earth.

example A=a plain nylon 66 Mohawk brown not commemorative or bicentennial
a few small scratches,I would have given it a 90% rating went for $375

Example b=an 1897 Winchester pump shotgun with no bluing and a stock that looked like it was refinished by a third grader,sanding scratches across the grain,went for $600

After about the fifth gun I told my son to back away slowly because we had obviously wandered into a crowd of insane people and now they had guns.

That sounds like just about every gun auction I have ever attended. It seems like all common sense and sense of value go right out the window when firearms go on the block.

 

[sepe]

I've seen that happen a few times. Saw a used S&W Sigma .40 go for double retail and a High Point 9mm go for $275. Some early shotguns (Parker Bros doubles) were too high for my budget but were well within a decent range. Also talk about some seriously bad handling from the auctioneers and morons in the crowd.

 

[FWP9MM]

At auctions sometimes people don't research or think before throwing out their bids. The best auction I went to was earlier this year when I picked up an HK94 for $2,600, which I sold a month ago for $3,500. People probably thought I was nuts for paying that kind of money, but I knew what it was worth.

 

[BE Mike]

I went to my first firearms auction in Indiana many years ago. I haven't been to one since. I saw the same thing. I went to one in Texas when I lived there and folks seemed to keep their heads.

 

[GBuck]

Dude, I'da given you $15,000.00 for the HK94...

 

[GBuck]

Was that supposed to be in purple? Wait, we aren't at an auction?

 

[sbcman]

I attended one in KY this past spring and couldn't figure out what was going on with the, frankly, junk handguns selling for at least $200 over what they were worth. Found out later why- this auction group just sold the guns, no transfer, no ffl, nothing. Folks that can't pass a background check will pay high dollar for guns.

 

[FERLACH]

I dont go to gun auctions for the reasons mentioned above. People go nuts on bidding.

 

[femurphy77]

I've been to one gun auction to purchase an M1 Carbine, fortunately for me the other bidder bowed out after one bid and I went home smiling having just saved several hundred dollars over what I had seen them for commercially. Most of the sales that I saw that finalized went right at or just above NIB prices unless the piece was just so wore out that a blindman could see it. I love going to auctions to watch the carnage but only take enough to cover what I'm willing to spend and then sit back and watch the show.

 

[JOLLYKART]

Everyone thinks just because it auction time the bargains are just waiting to be bid on! A good auctioneer will make a killing on this scenario.

 

[acarnahan]

I've seen 600 dollar SKS's in the last month because of auction morons. They are rediculus. I can appreciate the idea of paying more for an "off the books" firearm but you can get that Sks for 300 here on ingo

 

[marv]

I sincerely hope that people go plumb crazy when my guns are auctioned.

 

[Fullmag]

Same here seen a couple old 22's, the kind that are worth 100.00, go for 250.00

 

[sittydown]

The way I understand it from talking to a local auctioneer that holds gun auctions is that as long as it's an Estate Auction there are no transfer fees, no FFL, just cash and carry. I'm sure that plays a part in some of the high prices, but some people get auction fever just like when they bid more for something used than what you could buy in NIB from Wal~Mart!!

 

[buford t justice]

At the auction mentioned in the thread starter the auctioneer said everyone buying a firearm would have to fill out an FFL form, so the prices were not driven by people thinking they were getting firearms free and clear.

 

[sittydown]

I'm going with auction fever then. LOL...never understood it, but maybe they know something I don't!

 

[Leadeye]

Been to good ones and bad ones, just depends on the crowd.

 

[Larryjr]

"After about the fifth gun I told my son to back away slowly because we had obviously wandered into a crowd of insane people and now they had guns." Gotta hand it to ya Buford, that was a good line.