Auction

[mr ed]

Heard today the Bill Fleming inventory is going to be auctioned off by his kids In 2 or 3 auctions so as to not flood the market
Save your money up.

 

[trekrok]

I'll stay away to help you guys out. At every auction I go to everyone goes insane and their bids follow. So, I'll skip it and maybe you all can knock down some bargains.

 

[turkeyrun]

Part of the allure of auctions is hoping to capture that one bargain.
Those that get caught up in the "competition" bidding or don't have a clue what they are buying add to the entertainment.
For the unprepared, undisciplined and weak minded; auctions can be as costly as gun shows.
Know the product, the value and when to walk away.

 

[mr ed]

my experience with nfa auctions is that it's usually limited to dealers. so that drops the prices if there's a large quantity. I once went to an auction that had 3 days of auctioning of regular guns and they put off the nfa stuff til the very last.
the crowds died and the class 3 dealers divided the spoils.
I ended up with like 11+ guns for 2800 bucks
3-lewis guns
2-mp40's
1-sten
1-mp44
1-30cal browning
1-vickers11mm
1-maxim on sled mount
1-stevens 410 dbl w/10" bbls
Needless to say I sold them all off over the years.

 

[dennishoddy]

NFA auctions are going for dealers only.

 

[mr ed]

I just heard some of it is now online. not 100% sure where but morphy's was mentioned
Just beware they have 23% buyers premium

 

[Thomas]

I just heard some of it is now online. not 100% sure where but morphy's was mentioned
Just beware they have 23% buyers premium

Link?

 

[mr ed]

Link?

Have no idea. friend is trying for more info.

 

[red dirt shootist]

Wow, 23% BP, + sales tax+ transfer fees (if applicable) + shipping ? Pretty soon things start adding up.

 

[BobbyV]

Buyer's premiums have been getting out of hand for a while now. I saw an auction the other day with a BP set at 27%!