Hammer down at the RIA

alvin · 12-23-2017, 06:39 AM

After acquiring Julia Auction, hopefully, Morphy Auction could compete with RIAC on fees and on item qualities.

But collectors are both suppliers and consumers of C&R items, auctioneers are just middle men. If collectors could trade among themselves privately, that is very efficient and does save a lot of fees. Auction service is used only when necessary.

I heard "baby boomers" are retiring at the rate of 10,000 persons per day. I expect more guns will show up on the market over next few years.

12-23-2017, 06:39 AM	#17
alvin User Join Date: Jul 2007 Location: US Posts: 3,843 Thanks: 132 Thanked 729 Times in 438 Posts	After acquiring Julia Auction, hopefully, Morphy Auction could compete with RIAC on fees and on item qualities. But collectors are both suppliers and consumers of C&R items, auctioneers are just middle men. If collectors could trade among themselves privately, that is very efficient and does save a lot of fees. Auction service is used only when necessary. I heard "baby boomers" are retiring at the rate of 10,000 persons per day. I expect more guns will show up on the market over next few years.