I can't believe it

[Flashpoint]

I went to a gun auction today that was put on by the drug task force. I can't believe the price people were paying for handguns !! A beat up .40 cal Hi-point went for $180. A 9mm Jennings, again beat up, went for $170. A abused S&W 44 mag. with a rusty trigger that hung up in SA fire sold for $300. A MK II, that I was looking at, functioned well, but was defiantly not taken care off sold for $180. I was thinking closer to $100 dollars for the Ruger. Does any of this seem outrageous to anyone?

 

[WonderNine]

Online auctions are the only thing I look at anymore whether it comes to guns or whatever. Too many people are willing to pay way too much for beat up old junk.

 

[Hal]

"Does any of this seem outrageous to anyone?"
- Yep sure does.

I'd rather they destroyed seized items.

The country started to get all bass-ackwards when gvt agencys started making a profit from siezed items. Judging by those going prices, they're making a tidy profit.

 

[Standing Wolf]

Those sound like sucker prices to me.

 

[J Miller]

Been my experiance, (by observation) that people who frequent autions leave all their common sence in the car when they enter the auction house.

Like you said they are all to eager to pay outrageous prices for junk.
I see that on eBay too.

Why they do it, I have no idea.

 

[arinvolvo]

People who bid at auctions have no idea about the products....and since they are at an auction they believe they will always get a good deal.

 

[Lucky Jim]

Auction Prices

A friend of mine owned a gun shop in my area for over 30 years and had a load of "shop guns" which were guns that he could not get parts for or had bought just for parts. When he retired he sold most of his shop a little at a time, then decided to auction away the rest, including the "shop guns". At the auction the people were told that these guns were not functional and were sold as is. The prices people were paying for this stuff made the owner embarrassed and he had to leave before the auction was over. He was always an honest man and gave his customers years of honest deals. I could not believe it either. After all, the bidders were told of the condition of the guns, but they just sort of went crazy. There were lots of older rifles and handguns, but these people were paying what one of these rifles might bring in new condition. Sure the owner made a load of money and he gladly took it. He just could not believe what had taken place. Go figure.

 

[10-Ring]

Apparently god deals to those that purchased those guns Be thankful you have the skill to see those imperfections!

 

[Flashpoint]

SaxonPig,
Yes, it was in Newport. Did Gradey Auctions do last years? They did this years. They also listed over 50 firearms and there was only 14 at best. He did mention that they did have a disclaimer in their add. I doubt I'll ever be back.

 

[Flashpoint]

SaxonPig,
If the guy is in to buying guns makes me wonder how many he got his hands on before the auction. Honestly, what was out their was a pretty poor selection of firearms.

 

[firestar]

There is a place near me that does auctions, once in a while they will do a gun auction. I went once and couldn't believe what people would pay for very ordinary guns.

Every gun sold for way more than I could buy them elsewhere. People were paying new prices for used guns.:banghead:
What shocked me was that it was not just a few of the guns that were selling for high prices but EVERY gun sold for a high price.

I realized two things at that auction. 1. Never buy guns at a auction. 2. Sell guns at a auction.

 

[gharsh]

That's it exactly....Don't buy guns at auctions, rather sell them. If I was trying to unload a bunch of guns, I would love to have people pay more for them than they are worth. It's not wrong. It's American!!! It may be aggravating to be on the receiving end, but when I've been to auctions I've only bid on items I knew something about. If the price went higher than it should have, I stepped aside and let the chaos continue.

A response to crooked auctioners(sp); Get the word out. People will stop attending and he will stop getting business. If you scr#@ people, you will eventually get scr#@ed.