Auction Insanity

[Aragorn243]

Got to get this off my chest. I've attended two auctions in the past two weeks devoted to firearms. Now I learned years ago that at this particular auction, you aren't likely to get a decent deal on anything good. For some reason, people bid the guns up pretty high here and it isn't for a lack of supply. There is a Cabelas within 40 minutes of here that sells guns for less than what the guns at auction sell for and these are brand new rifles.

In any case, Mosin-Nagant's. I watched four of them go up for auction in these two sales. One of the reasons I went was because I figured I'd at least be able to get a decent price on one of these.

Again, four weeks ago I purchased a 91/30 rearsenaled rifle in great shape with matching (but probably forced on the bolt) numbers at Cabelas for $89.

At the first auction, two 91/30's with non-matching numbers and nothing particularly special about them sold for $180.00 each. These were not rare or unusual rifles and were both in worse shape than the ones that Cabelas had been selling.

At todays auction a 1944 carbine sold for $280.00. Again, nothing special, 1946 manufacture, mismatched parts, arsenal refurbish. Bore decent but not great. The second rifle had a bit more going for it as it was a Remington but it too had gone through the arsenal refurbish and had a Soviet bolt and many other Soviet parts. I lost track of the final price on this but it was OVER $280.00 I couldn't believe it.

Makes me want to go grab the two 91/30's at the local gun shop that are selling for $99 each and take them to the auction for re-sale.

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[Arisaka Hunter]

The title for your post says it all. To many get caught up in bidding and spend way more than items are worth.

Thanks for posting.

[Aragorn243]

I had to laugh last night, I looked at the local Dunham's ad and they started another Nagant sale on Saturday, the day of the auction. $79.00. This store is about half an hour from the auction house. I'm hoping to go check them out today but woke up not feeling especially well.

[Aragorn243]

They've have managed to top the insanity. Today's gun auction featured one 91/30 Mosin Nagant, 1942 production all matching numbers, reworked import with bag of accessories, did not see the bayonet but assume it was probably there.

$350.00

Dunhams ad which starts tomorrow has them on sale for $89.00.

To be fair to the auction house, they started the bidding off at $100.00, not the throw it out there $200.00 you sometimes see. Bidding dropped to $65 before the first bidder bit, it went slow as I'm assuming those that know what they are worth bid it up to about $90.00 and then just went crazy as the crazies jumped in.

[pondboss]

stupid is is what stupid does.

[arado]

You are talking chump change. People go to auctions to buy. Just as long as they get something they are happy. Some body has to feed the bottom. gary