RIAC Auction Jun 28-29-30 2013

[alvin]

Originally Posted by postino

Forgotten Weapons has an interesting after-auction report on phone bidding this auction...

http://www.forgottenweapons.com/aar-...uction-report/

Great writing!!

Sometimes, it's weird that a lot could jump from $1000 directly to $4000. One example was a VL&D early small ring sold a few months ago. The hope was simple: no one wanted it, I would steal it at $2000, adding BP and shipping, $2400 maximum. "What?? Four ?? ......" no time to ask her "why did it jump??", she's busy. Probably two seal bids went above $3750.... that's the only reasonable possibility. The lot was a little bit too hot. But that's a plain gun, I would find a better one, no problem, giving up was easy. Sometimes, it's not very easy to give up an item. After all, if someone can pay $4000 on a pistol, he can do $4500 as well, if he can do $4500, he can also do $4750, the costly iteration can go on for quite a few cycles.

For fun: try to keep silent when she asks "will you do [fill in a number]", don't answer, so you can estimate how many people are bidding on it (without your bidding, if price still goes up quickly, that's not a good sign... too many bidders). In many cases, the real starting price is already out of range.

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[Edit] Have not acquired any gun in 4 months, life is becoming boring. Almost decided to buy a Ruger Ranch Rifle to consume the leftover ammo, but find the magazine was not even 10, it's 5. God, who designed this....