Avatar
Search
Forum Scope




Match



Forum Options



Minimum search word length is 3 characters - maximum search word length is 84 characters
Lost password?
sp_Feed sp_PrintTopic sp_TopicIcon
Do RIA auction estimates seem low?
Avatar
TR
Member
WACA Member
Forum Posts: 1887
Member Since:
June 4, 2017
sp_UserOfflineSmall Offline
1
March 24, 2019 - 10:36 pm
sp_Permalink sp_Print

 Rock Island just posted their May online auction catalog. I’ve been looking and some of the guns seem to have very low estimate including guns belonging  to a late friend of mine. I know the guns first hand, so I’m thinking maybe this is bate to encourage auction attendance. I was with him when he bought the guns and I would hope they haven’t dropped that much in value. T/R

Avatar
mrcvs
Member
WACA Member
Forum Posts: 2217
Member Since:
September 22, 2011
sp_UserOnlineSmall Online
2
March 25, 2019 - 12:03 am
sp_Permalink sp_Print

Combination of both.  No way around it–collectible Winchesters have dropped in value, even if with special order features and condition.  Also, everyone likes a bargain, so that can spur interest.

I think RIA’s approach with stuff that continues to escalate is to value high in the hope that prices continue to go ever higher.  For example, Registered Magnums in the last auction had estimates that were healthy despite their recent rise.  Few, if any, touched the low end estimate.

Avatar
TXGunNut
Northern edge of the D/FW Metromess
Member
WACA Member
Forum Posts: 6582
Member Since:
November 7, 2015
sp_UserOfflineSmall Offline
3
March 25, 2019 - 11:53 pm
sp_Permalink sp_Print

I’ve seen a few guns that sold in a recent RIA and they sold for less than I felt they should have. Perhaps RIA is basing their estimates on recent auction results…which would be a realistic approach. It sucks to be a seller in a buyers’ market.

 

Mike

Life Member TSRA, Endowment Member NRA
BBHC Member, TGCA Board Member
Smokeless powder is a passing fad! -Steve Garbe
I hate rude behavior in a man. I won't tolerate it. -Woodrow F. Call, Lonesome Dove
Some of my favorite recipes start out with a handful of depleted counterbalance devices.-TXGunNut
Presbyopia be damned, I'm going to shoot this thing! -TXGunNut
Avatar
mrcvs
Member
WACA Member
Forum Posts: 2217
Member Since:
September 22, 2011
sp_UserOnlineSmall Online
4
March 26, 2019 - 12:32 am
sp_Permalink sp_Print

TXGunNut said
It sucks to be a seller in a buyers’ market.

Right!  And it’s a buyer’s market for antique Winchester lever actions (but still a seller’s market for registered magnums).

Avatar
clarence
NY
Member
Restricted
Forum Posts: 7119
Member Since:
November 1, 2013
sp_UserOfflineSmall Offline
5
March 26, 2019 - 3:00 am
sp_Permalink sp_Print

TXGunNut said
IIt sucks to be a seller in a buyers’ market.
 

If it gets to sucking TOO badly, they can always get a real job.

Avatar
TXGunNut
Northern edge of the D/FW Metromess
Member
WACA Member
Forum Posts: 6582
Member Since:
November 7, 2015
sp_UserOfflineSmall Offline
6
March 26, 2019 - 12:39 pm
sp_Permalink sp_Print sp_EditHistory

clarence said

TXGunNut said
IIt sucks to be a seller in a buyers’ market.
 

If it gets to sucking TOO badly, they can always get a real job.  

I had to get a real job partly because I was buying so many Winchesters!

 

Mike

Life Member TSRA, Endowment Member NRA
BBHC Member, TGCA Board Member
Smokeless powder is a passing fad! -Steve Garbe
I hate rude behavior in a man. I won't tolerate it. -Woodrow F. Call, Lonesome Dove
Some of my favorite recipes start out with a handful of depleted counterbalance devices.-TXGunNut
Presbyopia be damned, I'm going to shoot this thing! -TXGunNut
Avatar
TR
Member
WACA Member
Forum Posts: 1887
Member Since:
June 4, 2017
sp_UserOfflineSmall Offline
7
March 26, 2019 - 6:49 pm
sp_Permalink sp_Print

TXGunNut said
I’ve seen a few guns that sold in a recent RIA and they sold for less than I felt they should have. Perhaps RIA is basing their estimates on recent auction results…which would be a realistic approach. It sucks to be a seller in a buyers’ market.

 

Mike  

 I’m looking at nice Winchesters, not minty and not brown but betweener’s and May’s catalog estimates seem low, if they sell at those prices I’m a happy buyer. I agree it’s a buyers market and if these guns sell for a realistic price I’m back to attending auctions. That said, I have to like what I buy because I can’t afford to sell in a buyers market at an auction. Mike said it best “It sucks to be a seller in a buyer’s market.”  T/R

Forum Timezone: UTC 0
Most Users Ever Online: 5406
Currently Online: mrcvs, antler1, Tony. R, [email protected], ibtexex
Guest(s) 638
Currently Browsing this Page:
1 Guest(s)
Top Posters:
clarence: 7119
TXGunNut: 6582
Chuck: 5947
steve004: 5239
1873man: 4720
deerhunter: 2717
Big Larry: 2567
twobit: 2516
mrcvs: 2217
Maverick: 2043
Newest Members:
Jamo
WesternTradingPost
mr.rudolph
Roscoe
EWMN
Winchesterwows
jacksontod71
Remodel2
KPotter44
Trip
Forum Stats:
Groups: 1
Forums: 18
Topics: 14896
Posts: 133550

 

Member Stats:
Guest Posters: 2057
Members: 10123
Moderators: 3
Admins: 4
Administrators: Mike Hager, Bert H., JWA, SethJ
Moderators: Rob Kassab, Brad Dunbar, Heather
Navigation