powder smoke
Hawkeye
Auction for me are mostly for entertainment! I rarely bid simply because bidding raises
the pricing beyond reality! dumb in lots of cases!
the pricing beyond reality! dumb in lots of cases!
Went to an auction today
- Thread starter RoninPA
- Start date
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toysoldier
Hunter
Why do old guys pay so much? They have the money, and are determined to get what they want, while they can.
I got 20,000 rds. of 22lr I would sell at $150.00 a brick..
Busterswoodshop
Buckeye
Do they come in the original box ?
57springer
Buckeye
Old boxes of ammo sometimes sell for really high prices. Sometimes the folks are only after the box !
I sold a bunch of guns and gun items in the last 3 months. I was very very happy with the results. For the past 45 years when I sold a gun I Always ended up getting about 80% of what I paid for it.In the last 3 months I received 125% on what I paid for them and this was after I paid my 15% commissions on guns that sold for more than $750.00. I just laughed. Now is the time to thin gun heard if you ever thought about it. MD
the_leper_colony
Single-Sixer
Prices have (obviously) been up for a while. I retired a few years back, and ended up 'thinning the herd' during the Wuhanic Plague and election aftermath. Prices were high enough, that I was able to sell most of my guns & ammo to a local FFL and still get my money out if 'em. Thought about selling on GunBroker, but the non-paying bidders have made selling anything there a gigantic pain in the backside.
trebor44
Blackhawk
Addiction to the adrenaline rush? Like the roll of the dice?
It's like playing slots but you get a gun if you win. You get excitement and adrenaline which has most of them reaching for the nitro. Almost better than Viagra!!!Went to a local auctioneers sale this morning (he's the big boy of auctions in these parts). Guns, ammo, decoys, wild life prints, coins (and coins, and coins, and coins...)
People bidding were crazy IMO. There were about 80-85 bidders.
A lot of the coins were US mint sets, old, new, and canadian money, foreign money, bullion. These people were paying double the price you could buy these things at a coin shop. Worst example - 100 oz silver bar, all the "correct" markings, etc. Bidding finally started at $1000. The winning bidder paid $2800.00 for that 100 oz bar.
Ammo - .22LR in "vintage" boxes went for .25 to .45 per round. 9mm, over .75 per round, .30-06 over $3.00 per round, 6mm over $5.00 per round and so forth. Maybe I'm just out of touch with ammo prices right now. And the people bidding were NOT spring chickens - average age I would guess for the buyers was 65-70. Probably 75% of the ammo was bought by 7 or so people.
Decoys and prints went at what I would consider decnt prices - prints $75-$200, decoys $100-$300
Gun prices - a Nylon 66 went for $600, Model 70 XTR (.270 w/Nikon Monarch scope) $1100, Remington 870 20 ga with an extra rifled barrel $1000, HK HK300 22WMR $1500
Ruger Security Six, 1979 model, (154- 716xx with the small numbers) blued, 6", .357 Mag no box or papers $440, Ruger New Model Blackhawk, 2000 model (37-67xxx) blued, 6 1/2" .357 Mag with box and papers $420 Guess who bought these two
Why do some people go crazy at auctions, especially the more senior of the citizens.
I think a lot of people see the game as sticking it to the other guy by bidding it up. Kinda like a game of chicken to see who gets pillaged at the end.I don't know, but it seems to happen frequently, including with online auctions. Sometimes it seems to be a couple of guys who both decide they want something with a low opening bid, but keep bidding way past the point where a sensible person would stop. End result is, the high bidder pays too much, and the seller makes more money than they would otherwise.
I guess that's why auctions exist in the first place!
