Quote:
Originally Posted by cirelaw
A little math~~~Assume my wining my gun sells for $10,000 what will I clear? What if I get a winning bid for $10,000 to buy, do I still have to pay the house?
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Not sure the meaning of the question.
You mean, assume you list a gun in an auction, and you bid it yourself with intention to pump the price up, but over played the game, "won" it in auction?
That must be the worst case scenario. You have to pay both seller's fee and buyer's fee to get the gun back
welll,,, unless there was a under table agreement...
But I suspect some auction house may play this game. Otherwise, it's hard to explain why a gun could have hammer price $40k unsold, but later sold via haggling at $37k. There could be other reason, but who knows.