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Was anyone on-site for the auction? I was thinking that given the very large number of pieces that went unsold, particularly in that first session, it must have seemed very odd? And they still made money on all those unsold pieces? Based on their auction estimates?
Here’s what looks like a very nice M1895 with a special order shotgun butt (that letters). There is an auction estimate of $2500 to $3000 (which I consider only slightly high). So it sells for $920 – which includes the juice! If I were the consignor I would be darn disappointed.
I agree… that Model 1895 sold cheap.
Bert
WACA Historian & Board of Director Member #6571L
steve004 said
Here’s what looks like a very nice M1895 with a special order shotgun butt (that letters). There is an auction estimate of $2500 to $3000 (which I consider only slightly high). So it sells for $920 – which includes the juice! If I were the consignor I would be darn disappointed.
I gladly would have given $920 for that one. Perhaps there was something wrong with it not evident in the photographs or description?
mrcvs said
I gladly would have given $920 for that one. Perhaps there was something wrong with it not evident in the photographs or description?
There being something wrong with one of these auction pieces doesn’t seem to matter one bit to bidders. See the fake 1 of 1000 that just sold and all the entries here on WACA describing what was wrong with it prior to the sale, yet those warnings were ignored.
"This is the West, sir. When the legend becomes fact, print the legend."
TR said
You only ignore a warning if you hear it. T/R
Right. Collectors frequent this site. Those who buy firearms as purely investments, as foolish as it sounds, may not.
The people that get ripped off the most are the people that didn’t educate themselves on what they are buying and can always be spotted at the auction or gun show with the blue book under their arm. Then there are people that never take advise from others and want to learn the hard way.
Bob
WACA Life Member--- NRA Life Member---- Cody Firearms member since 1991 Researching the Winchester 1873's
Email: [email protected]
November 7, 2015
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If that 1895 is an example of how the auction went it’s proof of my theory that it’s a buyers’ market. I hope it’s an isolated case or there’s another reason for that price.
I just went to Juia’s web site and looked at prices realized. Of the first 100 Winchesters only 48 sold? I guess that means they didn’t meet reserve. These were high dollar guns. T/R
It was a poor Winchester auction in my opinion. There were very nice rifles that just didn’t generate much interest. I’m not sure why. Was it just because of a soft market? Was it a result of insufficient promotion/advertising? It will be interesting to see how the Rock Island Auction goes in a few weeks.
I’ve always felt the system a bit flawed when an auction house makes almost as much $$ if an item doesn’t sell as they do it it does.
Winchester Model 1873 44-40 circa 1886
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