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  • cc56
    Senior Member
    • May 2006
    • 746

    Gun auctions

    Howdy all. Has anyone ever gone to a gun auction location? I live in Illinois and 3 hours away there is a gun auction that is going to happen tomorrow. They advertise that they have 800+ guns to auction off. Pistols/rifle/shotguns for sure and mil/knives etc... too I guess

    Is it worth to go, can you get deals? I thought I would ask here.

  • #2
    edgerly779
    CGN/CGSSA Contributor
    CGN Contributor
    • Aug 2009
    • 19871

    I have done live online. And 1 that I attended. Buyers fever sets in and the prices get inflated.
    Last edited by edgerly779; 11-30-2013, 6:50 AM.

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    • #3
      rromeo
      Calguns Addict
      • Sep 2009
      • 6981

      There are usually some great deals and a whole bunch of stupid prices. I went to an auction back in April. Bricks of .22lr were going for $125, 5.56 was over $1 a round. A guy next to me bought a Sigma for $425 and a XD40 for $375.
      I paid $400 for a pristine Browning A5, then two items later was a Light 12 for $350.
      Never initiate force against another. That should be the underlying principle of your life. But should someone do violence to you, retaliate without hesitation, without reservation, without quarter, until you are sure that he will never wish to harm - or never be capable of harming - you or yours again.

      - from THE SECOND BOOK OF KYFHO
      (Revised Eastern Sect Edition)

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      • #4
        2761377
        Senior Member
        • Jul 2013
        • 2136

        some of my most treasured firearms were bought at auction. I have to say when the auctioneer says "Sold to ###" and it's you, well that can be a really good feeling. Or, if it took going over your pre-determined limit to win, the doubts and recrimination start immediately.

        I learned a good lesson at an auction once; I call it "non-buyer's remorse"- one time, from being cheap I set my limit too low. still regret missing that rifle, for something you really want $200 can be chump change.

        Too bad it is so far away. I always preview the stuff beforehand so I can research current market value.

        Be sure and set a limit of how much you are willing to pay before your item comes up.

        good luck
        MAGA

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        • #5
          Ford8N
          Banned
          • Sep 2002
          • 6129

          I have attended live auctions. Like has been mentioned, there are some screaming awesome deals and a whole lot of stupid prices and buyers. The best deal I have ever got was at a police gun auction back when they did those sort of things. So do your homework and know a good price when it comes up for bid. Hint, don't forget to add the "fees" that will be tacked on to the price that will not be said during the auctioning of the item. Like sales tax, buyers fee, sellers fee, credit card, DROS. And remember these fees are usually a percent of the selling price. Another hint, the best buys are sometimes the first or second item and at the end of the auction after the buyers have run out of money. The first items the auctioneer will drop the "SOLD" real fast to so he can get the moron buyers in a frenzy. One time I saw a really cool Remington Rand .45 go for a flat $200, because nobody was bidding at first. The auctioneer said "SOLD" right away, no "going once, twice" warning. So you never knew what he was going to do. Really pumps up the foolish money in the crowd. Of course that might have been the "shill" he sold too, but that is unethical. But it happens all the time. At the end of the auction is also good. The money is all spent, then that's usually when they want to go home and the "SOLD" happens fast. Good luck.

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