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<blockquote data-quote="SKATA" data-source="post: 4313003" data-attributes="member: 53653">My take of gun auctions and not an expert by any means.&nbsp; Having been to maybe five the last two years.&nbsp; The online auctions have the highest fees.&nbsp; The live auctions are buyer premium plus local taxes.&nbsp; I am not commenting on antique, one-of-a-kind expensive guns because I don&#039;t know the values of those.&nbsp; If I see something that interests me, then I will follow it to the end.&nbsp; But it fascinates me what people will bid for guns that you can buy at H&amp;H, Big Boys, Academy, etc.&nbsp; Take those MSRP&#039;s minus the auction fee, and you have a base of cost.&nbsp; If it&#039;s an $800 gun at retail, and the auction fees are around+24%, why bid $650 to $700 ?&nbsp; That makes your cost over $800 !&nbsp; I create a spreadsheet for the guns that interest me.&nbsp; One column is MSRP at retail and the other column is what I am willing to bid.&nbsp; I was at an auction last year and watched a couple of guys bidding on three Beretta semi&#039;s.&nbsp; You can buy that model most anywhere for $900.&nbsp; These guys were at the $900 level on bidding then add the fees.&nbsp; I will also comment, that they start the bidding way too high.&nbsp; Then watch the auctioneer go backwards.&nbsp; Especially if there are multiple of the same gun.&nbsp; The first high bidder gets his choice, then if no other bidders, the price goes down.&nbsp; Hmmm!&nbsp; I did buy a shotgun that was bid up to $500, there were multiple of these, I waited and then the auctioneer finally got down to $225 before I bought.&nbsp; I concede it as a game to play.</blockquote>

[QUOTE="SKATA, post: 4313003, member: 53653"] My take of gun auctions and not an expert by any means. Having been to maybe five the last two years. The online auctions have the highest fees. The live auctions are buyer premium plus local taxes. I am not commenting on antique, one-of-a-kind expensive guns because I don't know the values of those. If I see something that interests me, then I will follow it to the end. But it fascinates me what people will bid for guns that you can buy at H&H, Big Boys, Academy, etc. Take those MSRP's minus the auction fee, and you have a base of cost. If it's an $800 gun at retail, and the auction fees are around+24%, why bid $650 to $700 ? That makes your cost over $800 ! I create a spreadsheet for the guns that interest me. One column is MSRP at retail and the other column is what I am willing to bid. I was at an auction last year and watched a couple of guys bidding on three Beretta semi's. You can buy that model most anywhere for $900. These guys were at the $900 level on bidding then add the fees. I will also comment, that they start the bidding way too high. Then watch the auctioneer go backwards. Especially if there are multiple of the same gun. The first high bidder gets his choice, then if no other bidders, the price goes down. Hmmm! I did buy a shotgun that was bid up to $500, there were multiple of these, I waited and then the auctioneer finally got down to $225 before I bought. I concede it as a game to play. [/QUOTE]

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