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Crazy bidding on Gunbroker??
January 6, 2021
7:30 pm
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FromTheWoods said
There are several screws......The upper tang screw has had a screwdriver in it and then smoothed.

And the screw you refer to appears to have seen smoothing in the slot.

Dang, Bob!  You are scaring me!  I wrote the first sentence prior to noticing it was you I was disagreeing with.  Normally, I just learn from you, and am honored.

 

Also, since looking at that tang again and comparing it to the two from the auctions that Al provided, it seems the tang's tail is a tad tapered instead of a crisp edge meeting the stock.  But the photos are not so good.  

The absolutely minor discrepancies you all stake faith-of-originality on are the elements of a lack of the older exceptional quality control; and in 60+ years there was bound to be some Bubba trying to "tighten the screws." Notice that are also evidential handling marks in the already so-so buttstock. To quote our next leader C'mon man!!

The price is still ridiculous. My very first-owned standard 1950 Model 94 is really nice but it would not hold up to you guys scrutiny; I would gladly sell it for the current bid. It too has no box AND please do not take my replies as gospel.

Cheers,

B

January 10, 2021
5:15 pm
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Here is another model 94 standard carbine that falls into the Crazy bidding category in my opinion.

https://www.gunbroker.com/item/888202613

January 10, 2021
5:42 pm
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tionesta1 said
Here is another model 94 standard carbine that falls into the Crazy bidding category in my opinion.

https://www.gunbroker.com/item/888202613  

Well of course, it's a .32 special  Cool Smile

January 10, 2021
5:47 pm
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It is currently about 2X what it should sell for in my opinion.

WACA 6571L, Historian & Board of Director Member
High-walls-1-002-C-reduced2.jpg

January 10, 2021
5:51 pm
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Bert H. said
It is currently about 2X what it should sell for in my opinion.  

Crazy times though - .30-30 cartridges selling for $100 a box.  .32 special unavailable from all distributors....

January 19, 2021
3:52 pm
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What???? talk about crazy bidding!

https://www.gunbroker.com/item/888141622

January 19, 2021
4:07 pm
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tionesta1 said
What???? talk about crazy bidding!

https://www.gunbroker.com/item/888141622  

Looking at the bid history, Joey Butafuco was involved...

January 19, 2021
4:23 pm
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 These minty looking modern Winchester's are hard to tell if they are original from pictures. I'm sure the winning bidder thinks so, I couldn't tell unless I had it in my hand. So lets say it is, for the sake of my point. Minty is worth a lot in today's  market, and I don't mean 95%. Condition is rare, mint is rare, rare. If you own original mint, do not under estimate it's value in any pre 64 Winchester! T/R

January 19, 2021
4:49 pm
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A few years ago, at the Big Reno Show, I bought a drippy mint 1960 vintage M94 carbine. All it was missing was the box and papers. $750 out the door. I bought it just to have a short forearm specimen. Any takers out there for $7,000?

For you S&W collectors, a K22 Outdoorsman in the box with cleaning rods and no sight adjusting tool, just went for $7,625.00. Holy Moley. When will this craziness stop? I could sell all my guns at these prices and become a rich man.  Big Larry

January 19, 2021
5:31 pm
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Big Larry said

For you S&W collectors, a K22 Outdoorsman in the box with cleaning rods and no sight adjusting tool, just went for $7,625.00. Holy Moley. When will this craziness stop? I could sell all my guns at these prices and become a rich man.  Big Larry  

About 2 yrs ago another in the box missing the tool sold for about $6000.  I was so amazed I posted it on the S&W forum, & all  agreed it was incredible...but I guess not!  Maybe DEA should be looking into this activity.

Ironic that while all these record-breaking prices are being paid for what amounts to luxury goods, like the 50 thousand SS Bert mentioned yesterday, NRA is so nearly bankrupt that most of the staff has been laid-off.  Priorities?

January 19, 2021
7:00 pm
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I often shake my head over some of the hammer prices I see in recent years.  I think the collector who has the identical piece in identical condition should not necessarily expect they will receive the same price.  There can be a variety of reasons for this.  What comes to mind are:

1.  The high auction price you've just seen has had a lot of manipulation behind it - such as shill bidder action.

2.  The high hammer price is a function of two or more bidders with large egos.  

3.  Some people pay more than something is worth simply because they want it and money is not a factor.

4.  Who the seller is can be a an important factor.  Some sellers have very favorable reputations and buyers have had very satisfactory dealings with them.  Austinsguns and Chayns have large followings - which is well-deserved.  Contrast this to the seller who is an unknown.

5.  Sometimes the buyer is short on knowledge and what they paid was not advisable.  There may be condition issues or other factors the buyer does not recognize. 

6.  Sometimes prices are on the rise faster than we can keep up with.  Collecting can be a moving target and volatility can rear its head.  Just look at primers, then .223 and 9mm ammo, then .30-30 and ??? is in store for us next?  But some collector Winchesters can really be on the move - particularly those in very top condition - and it's hard to keep up! 

January 19, 2021
7:26 pm
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steve004 said

2.  The high hammer price is a function of two or more bidders with large egos.  

Seriously, can you imagine anyone paying these record-busting prices who would NOT have a large ego?  Not that they wouldn't take pains to conceal it.

January 19, 2021
8:20 pm
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clarence said

steve004 said

2.  The high hammer price is a function of two or more bidders with large egos.  

Seriously, can you imagine anyone paying these record-busting prices who would NOT have a large ego?  Not that they wouldn't take pains to conceal it.  

 I'm not so sure it's "large ego", it might just be that an auction brings out the impulse buyer in us. For me guns are an impulse buy and a fast moving auction can cloud my judgement, especially when I'm so close to owning it. T/R

January 19, 2021
8:51 pm
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steve004 said
I often shake my head over some of the hammer prices I see in recent years.  I think the collector who has the identical piece in identical condition should not necessarily expect they will receive the same price.  There can be a variety of reasons for this.  What comes to mind are:

1.  The high auction price you've just seen has had a lot of manipulation behind it - such as shill bidder action.

2.  The high hammer price is a function of two or more bidders with large egos.  

3.  Some people pay more than something is worth simply because they want it and money is not a factor.

4.  Who the seller is can be a an important factor.  Some sellers have very favorable reputations and buyers have had very satisfactory dealings with them.  Austinsguns and Chayns have large followings - which is well-deserved.  Contrast this to the seller who is an unknown.

5.  Sometimes the buyer is short on knowledge and what they paid was not advisable.  There may be condition issues or other factors the buyer does not recognize. 

6.  Sometimes prices are on the rise faster than we can keep up with.  Collecting can be a moving target and volatility can rear its head.  Just look at primers, then .223 and 9mm ammo, then .30-30 and ??? is in store for us next?  But some collector Winchesters can really be on the move - particularly those in very top condition - and it's hard to keep up!   

Well said, I agree with most points.  Just reiterates that one really should avoid Gunbroker unless one really likes to overpay!

One thing that could happen, potentially, is if you see an item go sky high due to two bidders bidding it up and you decide to let go from your collection the same item, hoping to get the same sky high price, you might not achieve the same results for the following two reasons.  First, the runner up bidder on previously sold sky high item is no longer bidding in tandem with the lucky winner of the first item, as said lucky winner has exited the scene, having gotten one of what he desired and not wanting or not being able to afford a second great example having dug very deeply for the first.  Other bidders out there are less enthusiastic.  Secondly, and more likely, the first item was bid up by a shill bidder.  You, lacking a shill bidder, achieve less than stellar results.

January 19, 2021
9:15 pm
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TR said

 I'm not so sure it's "large ego", it might just be that an auction brings out the impulse buyer in us. For me guns are an impulse buy and a fast moving auction can cloud my judgement, especially when I'm so close to owning it. T/R  

"Clouding bidders' judgement" is the main function of an auction, as opposed to setting a fixed price which potential buyers can take time to consider rationally; calm, clear, thinking is not to the auctioneer's advantage.  That principle applies in any auction, but the subject was these record-smashing prices, when the item sells for several times the estimate--this goes beyond mere impulse buying.  And have you never heard someone say, "sure, I knew I was paying too much, but damned if I was going to let so & so have it!"  That's not ego talking?

January 19, 2021
9:26 pm
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mrcvs said

One thing that could happen, potentially, is if you see an item go sky high due to two bidders bidding it up and you decide to let go from your collection the same item, hoping to get the same sky high price, you might not achieve the same results for the following two reasons.  First, the runner up bidder on previously sold sky high item is no longer bidding in tandem with the lucky winner of the first item, as said lucky winner has exited the scene, having gotten one of what he desired and not wanting or not being able to afford a second great example having dug very deeply for the first.  Other bidders out there are less enthusiastic.  Secondly, and more likely, the first item was bid up by a shill bidder.  You, lacking a shill bidder, achieve less than stellar results.  

I've seen this happen several times on ebay, where something sells inexplicably for several times the going rate; right away a bunch of the same items will be listed by owners expecting to cash in on the feeding frenzy.  But they don't, or not often--never have I seen these copy-cat listings bring very much more than average prices; it's like, suddenly, the frenzy collapsed.

Moral of the story: recruit your own shill!

January 19, 2021
10:09 pm
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clarence said

Moral of the story: recruit your own shill!  

 You don't have to recruit your own shill, the auction company bids them up to the reserve. In RIA's catalog under "terms and conditions" (idem 12) Reserves; it says "RIAC may implement that reserve by bidding on behalf of the consignor." They are not the only auction house with this policy. T/R

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