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Any experience/comments on this auction site?
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October 3, 2019 - 9:43 pm
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Has anyone ever bought or sold on invaluable.com, and if so, would you care to comment on your experience?  If you have not, have you any hearsay?  Thanks.

P.S. Any comments on those long barreled 73s?

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October 3, 2019 - 10:20 pm
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I don’t know much about them. But it does seem like they are bidding for other auction companies, I’m assuming. All the Winchesters I see are from Morphy’s auctions. 

I don’t know why one wouldn’t just bid using Morphy’s own website.

Maverick

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October 3, 2019 - 11:17 pm
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I’ve purchased quite a few things through invaluable.com. They are simply an auction portal service (like proxybid or auctionzip) that provides a live auction service, sometimes in parallel with and sometime exclusively for sellers that want to have a live auction.

Their interface is (IMHO) far more advanced than auctionzip and proxybid and offers live streaming when available. Rock Island Auctions used to provide the live on the floor video feed and you could see the items, bid and follow the action as it unfolds live. RIA stopped using invaluable several months ago as they updated their own platform.

I used to really appreciate invaluable (they have a great mobile app) as it is way easier to mark and follow your target items, especially in the realtime heat of the live auction.

Also where I work, anything remotely smelling like a firearm is blocked. I can no longer live bid on RIA and other auctions since they are blocked. Invaluable didn’t trigger this blocking and that was always a great way to do it. Pre-bidding is futile and only drives the price up unless you are simply willing to throw out a huge bid, but I usually have several things I’m interested in and a limited budget and the progress of the auction often dictates how I bid as it unfolds.

I didn’t find their “internet premium” any different than any other auction site or even many owned and operated sites for internet bidding.

 

Just my 2 cents.

 

Steve

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October 4, 2019 - 12:00 am
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Thank you Maverick and supergimp.  You don’t know how much I learned in those two posts.  I’m a neophyte when it comes to auctions in general and specifically when it comes to the internet auctions. 

I guess I should reformulate my question to also include Morphy’s.  Do they have a good reputation?  

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October 4, 2019 - 12:40 pm
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As mentioned above. their platform is very efficient with live results.

I was scheduled to attend an auction last weekend a couple hours from me, last minute called to work.

I was able to follow live the entire auction, and bid live as if I was there on the floor. 

I have used it flawlessly 4 or 5 times in the last year or so.

The premium for using their service was only 5% more than if I was there bidding in house!

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October 4, 2019 - 8:11 pm
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Gregory said
As mentioned above. their platform is very efficient with live results.

I was scheduled to attend an auction last weekend a couple hours from me, last minute called to work.

I was able to follow live the entire auction, and bid live as if I was there on the floor. 

I have used it flawlessly 4 or 5 times in the last year or so.

The premium for using their service was only 5% more than if I was there bidding in house!  

Depending on how much you spent, that “only 5% more” might have been considerably higher than the wages you earned going to work that day instead of bidding live.

I’m a cheapskate.  Spending anything more than rock bottom would pain me.

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October 4, 2019 - 10:16 pm
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Point well taken!

I can assure you that I’m as frugal as the next. Work to hard to waste it.

I try to attend 10-15 auctions a year and have a game plan mapped out before I leave the house.

This auction had 569 lots, of which I was only bidding on vintage ammo and supplies.

I have a spread sheet with high and low values and buyers prem. and taxes figured in before bidding…

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October 4, 2019 - 10:29 pm
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I have a spread sheet with high and low values and buyers prem. and taxes figured in before bidding…

 

I do the same. I’m disabled and don’t travel much so online is usually the only option. Plus I live in CA, so not a lot of gun auctions besides Little John. I always calculate with all in cost as I bid. Otherwise you may get a surprise if you’re not thinking in the heat of the moment.

 

Steve

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October 6, 2019 - 5:29 pm
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supergimp said

I have a spread sheet with high and low values and buyers prem. and taxes figured in before bidding…

 

I do the same. I’m disabled and don’t travel much so online is usually the only option. Plus I live in CA, so not a lot of gun auctions besides Little John. I always calculate with all in cost as I bid. Otherwise you may get a surprise if you’re not thinking in the heat of the moment.

 

Steve  

Steve do you go to Carol Watson’s or Gunslinger’s?  I have never been to Gunslingers.

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October 6, 2019 - 6:11 pm
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I’ve been to Carol Watson, forgot about that one. Don’t know Gunslingers.

 

Steve

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