Auction 18.5% ++++

mrerick · 02-25-2015, 05:05 PM

The sellers usually pay a fee that is anywhere from 15 to 30 percent.

There are quite a few costs to promoting and organizing an auction, but it does make a popular auction house quite a bit of money...

Marc

hayhugh · 02-25-2015, 07:42 PM

The Rock Island Auction was using at least two bidding houses (Proxibid and Invaluable) to accept bids and if you did not watch it you could be bidding against yourself.

I can only assume that the guns were at the RIA site and packaged and shipped from that site after payment was verified. Once the gun is in the hands of RIA that you can't buy the gun from another dealer for less money. Too much shipping and changing of hands to make it plausible. So once you see the gun in the catalog or on the RIA , Proxibid or Invaluable website, the only place to buy the gun would be online. Is this not true? I am asking this of someone who has actually sold a gun through an auction...

02-25-2015, 05:05 PM	#1
mrerick Super Moderator - Patron LugerForum Life Patron Join Date: Dec 2009 Location: Eastern North Carolina, USA Posts: 3,925 Thanks: 1,377 Thanked 3,140 Times in 1,520 Posts	The sellers usually pay a fee that is anywhere from 15 to 30 percent. There are quite a few costs to promoting and organizing an auction, but it does make a popular auction house quite a bit of money... Marc __________________ Igitur si vis pacem, para bellum - - Therefore if you want peace, prepare for war.

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02-25-2015, 07:42 PM	#2
hayhugh User Join Date: Oct 2013 Location: Florida/Penna Posts: 898 Thanks: 893 Thanked 514 Times in 276 Posts	The Rock Island Auction was using at least two bidding houses (Proxibid and Invaluable) to accept bids and if you did not watch it you could be bidding against yourself. I can only assume that the guns were at the RIA site and packaged and shipped from that site after payment was verified. Once the gun is in the hands of RIA that you can't buy the gun from another dealer for less money. Too much shipping and changing of hands to make it plausible. So once you see the gun in the catalog or on the RIA , Proxibid or Invaluable website, the only place to buy the gun would be online. Is this not true? I am asking this of someone who has actually sold a gun through an auction...