Quote:
Originally Posted by tudorbug
I would not buy from RIA.
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RIAC probably won't notice the loss. They were a feature on History Channel's "American Pickers" a few days ago. (The 'pickers' went to RIAC for an appraisal). Exposure like that is bound to get them more business, from both buyers & sellers. I recall that they also take out ads in high-end publications [Wall Street Journal]. That would indicate they are aggressively targeting the investment market. I don't really follow investments so I don't know if RIAC is an upstart in the auction market, but they do seem to be getting more and more business (bigger catalogs).
The RIAC auctions I have put bids in on charged 17% 'surcharge' on the winning bid. Plus shipping & handling.
I still prefer Gunbroker, but RIAC does offer inspection prior to auction. I dislike RIAC's bundling of items.