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mrerick · 03-02-2017, 08:18 AM

"Irrational exuberance"?

Every auction is it's own individual market. Completely depends on who is in the audience and what they really want. The audience depends upon the marketing of the auctioneer.

Just recently at smaller regional auctions a friend was able to buy genuinely rare and high condition Lugers for about 1/3 what they sell for between collectors. He invests quite a bit of time on this and knows the marketplace well, so he has a good idea when something needs to be bid on.

03-02-2017, 08:18 AM	#6
mrerick Super Moderator - Patron LugerForum Life Patron Join Date: Dec 2009 Location: Eastern North Carolina, USA Posts: 3,920 Thanks: 1,377 Thanked 3,135 Times in 1,518 Posts	"Irrational exuberance"? Every auction is it's own individual market. Completely depends on who is in the audience and what they really want. The audience depends upon the marketing of the auctioneer. Just recently at smaller regional auctions a friend was able to buy genuinely rare and high condition Lugers for about 1/3 what they sell for between collectors. He invests quite a bit of time on this and knows the marketplace well, so he has a good idea when something needs to be bid on. __________________ Igitur si vis pacem, para bellum - - Therefore if you want peace, prepare for war.