So what am I missing here? 1873 Trapdoor Auction Final bid

[CALI-gula]

So what am I missing here? I was watching it but didn't bid once it hit above $850.00.

I know my Trapdoors. I have quite a collection with most in high condition including some obscure variants and carbines. I'm familiar with markings, cartouches, oddities, other stuff and have books on the same.

While this one is a true 1873 with a lower serial number, not an 1879, 1884, 1888, and it has a New Jersey State Militia mark (N.J. on left side was not mentioned in description) it's still rough. Not great by any means.

So other than someone bidding it for the above or because the serial matched their birthday I would have considered it a fair price at $850 and then maybe a bump to $1,100 for being an '1873' configuration.

Want to enlighten me as to what I missed or am not seeing as to why anyone would have bid this anywhere above $1,300 ?

$2,265.56 is quite heavyhanded.


https://www.gunbroker.com/item/1004391592

https://photos.google.com/share/AF1Q...k2NTJpRFY2MFRR


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[sbo80]

gunbroker gets weird. The high-volume sellers, have a lot of attention/watchers, and I notice firearms from LSB and a few others, end up going for more, sometimes silly prices like this. But there will be nearly identical pieces, with average buy-it-now price, sit and get relisted repeatedly.
I watched a Krag last month, nobody bought, and it dropped price with each relist and finally went for like $1200. Then, a not-as-good one came up from one of the major sellers like a week later, and it bid up to over $1800. Lesson is just be patient, a better value will come along, let the suckers have it.

[offrdmania]

LSB starts all of their auctions out at a penny with very detailed descriptions and no BS and lets the market determine the price. There are thousands that follow their auctions.
Some of that fluff in the price may be "piece of mind" bidding, knowing that they arent going to get scammed and its with a seller they can trust.

I have bought many guns from LSB over the years and the transactions were super smooth. If anyone gets a chance to visit their offices, its like a museum of vintage firearms memorabilia.

[Wyatt Burp]

I think it?s bizarre that really nice shootable TD rifles (not carbines probably) with great bores usually cost less than a new Cimarron repro. My 1884 is an example. Unless prices spiked lately.

[sbo80]

Originally Posted by offrdmania

Some of that fluff in the price may be "piece of mind" bidding, knowing that they arent going to get scammed and its with a seller they can trust.

That's true. But LSB annoys me with their nonsensical "antique" rules. They require FFL transfers of Trapdoors. It's like they imagine the ATF definition of NFA antiques, applies to any antiques in CA. It's weird.

[beerman]

I sold a nice 1873’thru them onGB a few months back. It went for $800. Fair price. But yea, 2 idiots in a bidding war on that one.