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Rock Island Auction
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September 7, 2019 - 12:33 pm
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Anyone buy anything yesterday?  Anyone in attendance?  I watched intermittently yesterday through proxibid.  Didn’t bid on anything. 

I see it starts out again this morning at lot #1000.  Winchesters will start the morning off with Zane Grey’s M1895 coming up quick.

One item I noticed that sold real high was the Winchester revolver. 

Comments or reactions thus far?

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September 7, 2019 - 1:36 pm
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steve004 said

One item I noticed that sold real high was the Winchester revolver. 
  

Can’t imagine why!  Although, given a free choice, I’d much rather own Zane Grey’s ’95.  His hunting camp on the Mogollon Ridge in Arizona can still be visited.

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September 7, 2019 - 4:20 pm
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The Winchester revolver went for $375K …..chump change compared to the Colt Walker that sold for 900K! 

Steve

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September 7, 2019 - 4:27 pm
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   Explain this to me! This morning a 1873 plain rifle lot number 1032 sold for $57,500 price realized. It’s a hardware store 32 WCF in 90 some percent condition. Is this a mistake on Proxy Bid or did it happen? T/R

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September 7, 2019 - 4:54 pm
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I saw that rifle yesterday at the auction. It was displayed in a glass case, so could not pick it up, but from what I could see, it was “new”. Just a beautiful example, that was near perfect. Would have loved to pick it up and look at it closer, but since I was not in the market for a 73, just admired from a distance.

Based on what I saw, if you wanted the best condition 73 out there, this was it.

I am not a 73 collector, so cannot comment further on price realized. I believe they estimated $35K on the high side. 

Steve

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September 7, 2019 - 5:55 pm
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Sometimes things aren’t always what they seem to be!  Especially when Rock Island Auction is involved.  Anyone recall the thread about Winchester 1886 Serial number 1 from a few years ago?

 

Here’s a Cavalry Model that sold for, with commission, $402,500 yesterday.  Read through the entire thread.  It sold for about 98% more than it is probably worth, or translated, this is an $8,000 gun on a very good day.

 

https://www.coltforum.com/forums/single-action-army/364955-what-they-looked-like-when-new-1880-a.html

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September 7, 2019 - 7:15 pm
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I was logged in through proxibid.  There was an 1886 that I had a strong eye on:

https://www.rockislandauction.com/detail/77/1022/heavy-barrel-winchester-deluxe-model-1886-rifle-letter

The chambering combined with the heavy, extra length barrel and a museum letter were strong attractions for me.  With an auction estimate of $5500 to $8500, combined with talk of the Winchester market being soft, I thought what if it sells on the low end?  So, there I was, ready.  For those following it, it sold for exactly double the high end of the auction estimate:  $17,000.  And then of course, there’s the matter of the 21.5% commission, packing and shipping on top of that… 

Sigh.

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September 7, 2019 - 7:31 pm
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steve004 said
With an auction estimate of $5500 to $8500, combined with talk of the Winchester market being soft, I thought what if it sells on the low end?  So, there I was, ready.  For those following it, it sold for exactly double the high end of the auction estimate:  $17,000.  And then of course, there’s the matter of the 21.5% commission, packing and shipping on top of that… 

Sigh.  

Good to know there’s no shortage of billionaires, or at least multi-millionaires, who like guns; just hope they’ll remember to set aside a small fraction of their wealth to help re-elect “our (only) friend” in the next Presidential election–probably the most important in our lifetimes. 

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September 7, 2019 - 7:46 pm
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  Steve, Several years ago I chased a similar 86 exhvy in 32″ at RIA, it lettered 15 pounds like a Sharps. The estimate was $8,500 and I paid $26,000,  maybe not smart but I own it.  Bidders come out of the wood work when big extra heavy’s go on the block. Now I feel better about my purchase. T/R

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September 8, 2019 - 6:43 pm
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TR said
  Steve, Several years ago I chased a similar 86 exhvy in 32″ at RIA, it lettered 15 pounds like a Sharps. The estimate was $8,500 and I paid $26,000,  maybe not smart but I own it.  Bidders come out of the wood work when big extra heavy’s go on the block. Now I feel better about my purchase. T/R  

Tom, I am out of town so did not get to see what your friend’s 73 SRC sold for?

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September 8, 2019 - 7:21 pm
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Chuck said

Tom, I am out of town so did not get to see what your friend’s 73 SRC sold for?  

 Chuck, $9975. with the juice. Tom

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September 8, 2019 - 7:28 pm
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Thanks Tom.  I am confident that what you thought of the gun is right on.  That is not a bad price for this gun.  I see 2nd and 3rd models asking for the same price. 

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