Rock Island Auction

Jasta2 · 11-09-2018, 06:26 PM

I figure all you guys know of the auction,

but I figured to post it for others that do not. Lots of Lugers with est. as low as $1,200 to $20,000. Couple of custom Luger .45s. Looking maybe bidding of a couple. Wish I could afford a .45 !! Good luck to those that bid. Scroll down some.

https://www.rockislandauction.com/ca...keywords=luger

bayoned · 11-10-2018, 06:55 PM

It's my observation that low estimates are pretty much the norm for a couple of good reasons.

First, a low estimate attracts potential bidders. "Oh man, the auction house doesn't see what a gem they have, and maybe I can sneak off with this inexpensively".

Second, this way they can attract potential consignees. "See, we routinely garner higher-than -estimates with our auctions, so consign with us and we can maximize the realized price for you too".

For this reason, I pretty much ignore obviously low estimates.

Major Tom · 11-11-2018, 10:19 AM

Plus all the post auction fees and transfers.
I do visit their lookyloo days just to handle and look at all they are auctioning. Neat place to visit.

sheepherder · 11-11-2018, 12:36 PM

I get their flyers and color catalogs, and usually I get a phone call reminding me to bid. I haven't gotten a call for this one yet. I usually put in a bid for something to keep the catalogs coming. I'll have to look and see if they have anything I fancy.

sheepherder · 11-20-2018, 10:12 AM

Well, I got a phone call from Meagan at RIA about 9:30am today, reminding me that RIA has their auction Nov 30 & 1-2 Dec. Nice of her.

Mac Cat · 11-20-2018, 10:27 AM

They do a nice job of posting attractive pictures and descriptions.
I love the catalog, too.
But, the add-on fees are horrible !

11-09-2018, 06:26 PM	#1
Jasta2 User Join Date: Jan 2008 Location: Lakeland, Fl. Posts: 514 Thanks: 349 Thanked 101 Times in 52 Posts	Rock Island Auction I figure all you guys know of the auction, but I figured to post it for others that do not. Lots of Lugers with est. as low as $1,200 to $20,000. Couple of custom Luger .45s. Looking maybe bidding of a couple. Wish I could afford a .45 !! Good luck to those that bid. Scroll down some. https://www.rockislandauction.com/ca...keywords=luger

11-11-2018, 10:19 AM	#3
Major Tom User Join Date: Jan 2017 Location: S.E. Iowa Posts: 481 Thanks: 531 Thanked 226 Times in 123 Posts	Plus all the post auction fees and transfers. I do visit their lookyloo days just to handle and look at all they are auctioning. Neat place to visit. __________________ I Build Custom Pistol Boxes

11-11-2018, 12:36 PM	#4
sheepherder Lifer Lifetime Forum Patron Join Date: Feb 2009 Location: ...on the 'ol Erie Canal... Posts: 8,181 Thanks: 1,398 Thanked 4,438 Times in 2,327 Posts	I get their flyers and color catalogs, and usually I get a phone call reminding me to bid. I haven't gotten a call for this one yet. I usually put in a bid for something to keep the catalogs coming. I'll have to look and see if they have anything I fancy. __________________ I like my coffee the way I like my women... ...Cold and bitter...

11-20-2018, 10:12 AM	#5
sheepherder Lifer Lifetime Forum Patron Join Date: Feb 2009 Location: ...on the 'ol Erie Canal... Posts: 8,181 Thanks: 1,398 Thanked 4,438 Times in 2,327 Posts	Well, I got a phone call from Meagan at RIA about 9:30am today, reminding me that RIA has their auction Nov 30 & 1-2 Dec. Nice of her. __________________ I like my coffee the way I like my women... ...Cold and bitter...

11-10-2018, 06:55 PM	#2
bayoned User Join Date: Nov 2010 Posts: 14 Thanks: 1 Thanked 9 Times in 5 Posts	It's my observation that low estimates are pretty much the norm for a couple of good reasons. First, a low estimate attracts potential bidders. "Oh man, the auction house doesn't see what a gem they have, and maybe I can sneak off with this inexpensively". Second, this way they can attract potential consignees. "See, we routinely garner higher-than -estimates with our auctions, so consign with us and we can maximize the realized price for you too". For this reason, I pretty much ignore obviously low estimates.

11-20-2018, 10:27 AM	#6
Mac Cat Lifer Lifetime Forum Patron Join Date: Apr 2015 Location: Austin, Texas Posts: 670 Thanks: 2,009 Thanked 542 Times in 292 Posts	They do a nice job of posting attractive pictures and descriptions. I love the catalog, too. But, the add-on fees are horrible !