I knew what it would be like but.......
With working day and night for a while, I decided to take the day off after the deadline and go to a local auction. It was raining so I decided to stop by Academy and get an umbrella as I had forgotten one. It was 5 minutes before they opened when I pulled into the parking lot and saw maybe 6-8 guys standing out front. I know they were probably the "ammo" guys. Decided to drop by the poor man's Wal Mart (Dollar General) and grab one. And then it wound up not raining at the auction location.
There was about a dozen guns there and I was 99.99% certain that I would not be bringing any home, but there were actually 2 that I was pretty interested in, just in case. Well, the Springfield 67 in 410 went for $700 and the Marlin 22 wmr bolt went for $575. To the best of my memory, other sales prices were $600 for a NEF Handi Rifle in 25-06 (cheap scope), $850 for a Remington 7600 in 243 (cheap scope), $480 for a used Ruger 22/45, $975 for a Thompson Encore 50cal/280 combo (did have 2 nice scopes), pretty nice S&W 10-3 in 38 $625. Ammo went for head-shaking prices.
I did pick up (3) new, quality 10" table saw blades for $7.50 each, some wood clamps for $6.00 each and a few knives for varying prices.
Comments
I see a lot of ridiculous prices on firearms ,but I didn't think they were actually selling for those prices.I guess I was wrong.
The old auction setting. Right now the hold your hand up is 100% in vogue.
A dozen guns neacpa! Was that a typo? Because I'm getting ready to put a few things on the auction side, I've been watching things that I plan on offering. I mainly just look & save postings that have bids. Folks can ask anything but selling is something else.
I really do not understand this post.......I went to a local auction that had about dozen guns in it and they sold for, what I thought, was ridiculous prices as I had anticipated. I went because I was ready for a day to do whatever I wanted and I was really interested in the Springfield 67 in 410 and the Marlin 22 wmr bolt. I never raised my hand to bid because they either started out higher than I was willing to give or quickly escalated above my price.
Your experience mimics mine at local auctions lately.
neacpa, I just thought it was odd to have an auction with only 12 firearms. I was thinking more of a gun show. Perhaps what you attended was an estate or yard sale. That number of 12 makes more sense. As for the GB auction side, my feeling is that I only look at items that are ending soonest and have bids. Asking prices mean little in determining a reasonable price for an item. Folks can ask $1M for an AR but if the ones that have bids and are ending in a bit are the ones that give me an approximate value.
Yeah, I didn't clarify it was an estate auction.