At an auction yesterday.....
- Thread starter wd113
- Start date
"NON-RESTRICTED, COMBINATION MULTI BARREL, 9.3 X 74R AND 12GA X 2 3/4", 25 1/2" BARREL, SN 334628. WOOD REPAIRED AT CHECKERED GRIP, BLUING GREY, CASE HARDENING EVIDENT, BORES VERY GOOD. MARKED CLEARLY WITH SWASTIKAS AND lUFTWAFFE EAGLES. HAS BEEN DRILLED FOR SCOPE, NON ORIGINAL RECOIL PAD. TIGHT ACTION, EXTRACTORS. ORIGINAL TAKEDOWN CASE HAS THE MILITARY COLORS REMOVED, TOOL KIT MISSING."
Anybody who saw the threads on CGN (The main one has been mysteriously deleted) already knew the gun had a host of issues.
Here's a breakdown of the finances to show exactly what happened:
The buyer paid a total of $6836 if he showed up at the auction to purchase the gun. (This accounts for the auctions 10% buyers premium + tax)
-or-
The buyer paid a total of $7147 + shipping if he used the online bidding to purchase the gun. (This accounts for the auctions 15% proxibid buyers premium + tax)
Of that the seller received only $4400 of his initial asking price of $12,000.
The real winner is the auction house who made a profit of $1650 for taking some blurry photos (were they even trying?) and writing a brief description. The Government of Canada also did well and received $786 in tax.
The seller and certain other members of CGN thought that because they saw mint examples of the same gun on U.S. auction and dealer sites that this rough messed with example would bring the same amount here. Those of us who provided fair and accurate assessments of the guns originality and value were ignored and the rifle sat unsold at the asking price of $12,000 before being shuffled off to the auction.
-Steve
Anybody who saw the threads on CGN (The main one has been mysteriously deleted) already knew the gun had a host of issues.
Here's a breakdown of the finances to show exactly what happened:
The buyer paid a total of $6836 if he showed up at the auction to purchase the gun. (This accounts for the auctions 10% buyers premium + tax)
-or-
The buyer paid a total of $7147 + shipping if he used the online bidding to purchase the gun. (This accounts for the auctions 15% proxibid buyers premium + tax)
Of that the seller received only $4400 of his initial asking price of $12,000.
The real winner is the auction house who made a profit of $1650 for taking some blurry photos (were they even trying?) and writing a brief description. The Government of Canada also did well and received $786 in tax.
The seller and certain other members of CGN thought that because they saw mint examples of the same gun on U.S. auction and dealer sites that this rough messed with example would bring the same amount here. Those of us who provided fair and accurate assessments of the guns originality and value were ignored and the rifle sat unsold at the asking price of $12,000 before being shuffled off to the auction.
-Steve
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A shame, because it may have earned the seller more in the pocket through CGN than the auction.
But when someone posts an unreasonable asking price, they tend to get offended with more realistic offers.
I woulda loved to get my hands on it, not for the purpose of a milsurp collection, but to shoot it out in the field.
But when someone posts an unreasonable asking price, they tend to get offended with more realistic offers.
I woulda loved to get my hands on it, not for the purpose of a milsurp collection, but to shoot it out in the field.
Phat Eagle
CGN Ultra frequent flyer
- Location
- Fraser Valley, BC
That's funny... I saw it and thought the same thing!
stickhunter
CGN frequent flyer
- Location
- Victoria, B.C.
Ironically, Forgotten Weapons just posted a review at RIA of an unmolested example of the drilling:
I doubt it and frankly, I'm astonished it went for as much as it did at auction. IMHO it was worth a couple thousand at the most. The collector value on it was pretty much totally destroyed. Nice looking gun that would be fun to hunt with but that's about it at this point.
