November 7, 2015

Well, I hope the new owner is happy with it.
I see Leroy, has just put up a recently found 73 deluxe that won the Paris exhibition in the 1880’s. cased engraved and one gold medel.
wouldn’t you put that sort of money on it, rather then Julia’s so called 1 of????????
http://merzantiques.com/item/wonderful-cased-engraved-model-1873-special-order-exhibition-rifle
I was quite surprised to see the final hammer price for the 1 of 1,000 under discussion. Particularly given many items either didn’t sell or sold for under auction estimate. I’ve reviewed from the Volcanic/Henry section through the Winchester 1873, 1876 and 1886. Is it my imagination or did a unusually large number of rifles either not sell or sell low?
steve004 said
Is it my imagination or did a unusually large number of rifles either not sell or sell low?
My observations are the same–many did not sell or sold low. Perhaps this is the beginning of a long anticipated, and significant, softening in the antique firearms market due to a decrease in grey haired folks collecting this stuff and more younger folks collecting black plastic guns.
The auctions are ripping people off so bad right now with their fee schedules and bogus price ranges And reserve fees that they’re killing themselves off and the buyers.
They’ll do anything to get a gun listing and then charge a buy-in fee along with a fee if the gun is returned that it’s really turning people off.
If you ever get a chance to read the contract they give you to take a listing look at the fee schedule including return fees if the gun doesn’t sell.
mrcvs said
steve004 said
Is it my imagination or did a unusually large number of rifles either not sell or sell low?My observations are the same–many did not sell or sold low. Perhaps this is the beginning of a long anticipated, and significant, softening in the antique firearms market due to a decrease in grey haired folks collecting this stuff and more younger folks collecting black plastic guns.
mrcvs said
steve004 said
Is it my imagination or did a unusually large number of rifles either not sell or sell low?My observations are the same–many did not sell or sold low. Perhaps this is the beginning of a long anticipated, and significant, softening in the antique firearms market due to a decrease in grey haired folks collecting this stuff and more younger folks collecting black plastic guns.
Julia did a terrible job on this last auction on their pricing ranges and they still made money on the return fees
November 7, 2015

I understand that the marketing and logistics expense for these high-end auctions is pretty incredible but the fees seem pretty incredible too. I guess they’re good entertainment and learning tools as long as they continue to take excellent (IMHO) photos.
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