Log In
Members
Home
Add Reply
Add Topic
Here is a very unremarkable Model 1892 which sold in Sept for $850 and just now was flipped on GB for $2500!!! Apparently the new owner really, really, really wanted it! I certainly hope that I can triple my investment in all of MY rifles!! Here is the original sale: https://www.proxibid.com/Firearms-Military-Artifacts/Firearms/FIREARMS/lotInformation/49900202
And the GB Listing: https://www.gunbroker.com/item/843753155
Michael
Model 1892 / Model 61 Collector, Research, Valuation
I wonder if it is a Shill Bidder. Bidder only has bought (2) items before on GunBroker. Or maybe a new collector that doesn’t know any better.
Sincerely,
Maverick
WACA #8783 - Checkout my Reloading Tool Survey!
https://winchestercollector.org/forum/winchester-research-surveys/winchester-reloading-tool-survey/
Maverick said
I wonder if it is a Shill Bidder. Bidder only has bought (2) items before on GunBroker. Or maybe a new collector that doesn’t know any better.Sincerely,
Maverick
But one would also have to believe that Mad Dog didn’t know any better either!
Michael
Model 1892 / Model 61 Collector, Research, Valuation
twobit said
But one would also have to believe that Mad Dog didn’t know any better either!
Michael
Mad Dog may have been the shill; if his purchase history can be researched, this might be clarified. But shill bidding, at least in a case of overbidding as radical as this, doesn’t “excuse” the greed & ignorance of the winning bidder, who deserves not a shred of sympathy. Sometimes an item of extreme rarity, beauty, historical importance, etc. might cause a normally intelligent bidder to temporarily “loose his head” (exactly what all auctioneers pray for!), but that explanation can’t be applied to this common item.
What harm does shill bidding do? It induces many who see or hear of it to jump to the conclusion that some similar item they own “must” be worth as much.
I was in a local gun store yesterday. They had a typical 95 carbine in .30-06. It was in sad shape. Had hardware store wood screw eyes in the wood and a home made sling on it. $1750 was the price. Another 95 rifle in 30-06 that was a reblue. $5500. I might need to raise the prices on the ones I have on GB. Was in another store a few days earlier and looked at a 95 carbine in 30 US. It was in horrible condition. $3500. It was a consignment. The store owner commented that he tried to get the guy to start his price at $1500. I wouldn’t have given more than a few hundred for it. But the good news is that while I was in town yesterday my grand daughter called and she was headed to the hospital having contractions. I went right over and hung out for 9 hours until the new one arrived. 21 inches and 8 1/2 pounds. Looks way better than all those 95’s.
Shoot low boys. They're riding Shetland Ponies.
Congratulations Old Logger, to you and to your family…a vintage ’19. 21 inches–borderline whether he/she will grow to rifle or to carbine length. DON’T SELL THAT ONE!
(I’m an Old Logger’s son.)
FromTheWoods said
Congratulations Old Logger, to you and to your family…a vintage ’19. 21 inches–borderline whether he/she will grow to rifle or to carbine length. DON’T SELL THAT ONE!(I’m an Old Logger’s son.)
Son? LOL
Shoot low boys. They're riding Shetland Ponies.
clarence said
Mad Dog may have been the shill; if his purchase history can be researched, this might be clarified. But shill bidding, at least in a case of overbidding as radical as this, doesn’t “excuse” the greed & ignorance of the winning bidder, who deserves not a shred of sympathy. Sometimes an item of extreme rarity, beauty, historical importance, etc. might cause a normally intelligent bidder to temporarily “loose his head” (exactly what all auctioneers pray for!), but that explanation can’t be applied to this common item.
What harm does shill bidding do? It induces many who see or hear of it to jump to the conclusion that some similar item they own “must” be worth as much.
A seller has a gun for sale. He knows the auction house owner. The auction house owner gives him the names of prospective buyers or the seller already knows someone. Seller contacts these people trying to get them to bid on the gun. Doesn’t say he is the owner. When gun goes up for auction the owner bids on his gun. There are court records showing that this happens. Auction houses have been known to have shills in the crowds at the auction. Shills help the sellers drive up the cost of the gun.
Buyers need to be aware and educated.
A prime example of why I do not do business with the auction houses.
W.A.C.A. life member, Marlin Collectors Assn. charter and life member, C,S.S.A. member and general gun nut.
Henry Mero said
A prime example of why I do not do business with the auction houses.
I mainly do not do business with anyone that tries to sell me a gun I have not had the chance to look at first. Don’t think for one moment that tactics like I described aren’t going on outside of the auction houses too. Buy books, look at as many guns as you can and know the market value. Many gun pricing books do not keep up with the actual market values.
November 7, 2015
Offline
Henry Mero said
A prime example of why I do not do business with the auction houses.
What I like about auction houses is that as a seller you can reach many more people than you could ever hope to reach by most other means. As a buyer you can see and compare hundreds of guns in a short time, if you wish. As a buyer, there are risks as evidenced by many threads here. As a seller, the cost of sales is considerable but if you understand the expense of operating an auction house it seems a bit more reasonable.
The auction sites where virtually anyone can buy or sell concern me. I’m just not brave or savvy enough for that yet.
Mike
1 Guest(s)
