Switzers Auction
- Thread starter tiriaq
- Start date
Willy Tincup
CGN frequent flyer
- Location
- Owen Sound
I didn't look at the prices from last Sat but the Sat before [17th] prices were pretty high. That seems to be a trend with internet bidding now so common. Add on the 15% premium + the taxes [13% for many of us] + the shipping costs; there are very few bargains. Many of these buyers must never add up all the charges and are trying to convince themselves they only paid the hammer price. The sales in Paris have gone the same way. Much better prices on CGN, but probably not the selection as some of the auctions.
Good luck ever trying to resell and recover your costs on the majority of them. My .05!
Good luck ever trying to resell and recover your costs on the majority of them. My .05!
Maybe not so hard? Maybe some people look at prices at the last auction and use them as a value guide..... which they sorta are.......
shoot_to_kill
CGN Regular
- Location
- Luskville quebec
I think a bit of auction fever gets to some of the people. They get caught up in the bidding, happens at most sales like that.
More than just a bit. I go to auctions looking for bargains and fair prices. I set my limit which includes the 20+ % added fees. If the bids get past that, I,m out.
shoot_to_kill
CGN Regular
- Location
- Luskville quebec
Yes I know someone who bought a 44 mag revolver at the Switzers auction in Bancroft, I think it was a used ruger redhawk. He said he paid like 1400$ for it!!!!!
Definitely some auction fever. Items seem to routinely go for more than what I think the going rate is. The worst part is that, particularly with antiques, many of the items will have some serious deficiencies or have been buggered with over the last 100-200 years. Many are being bid up sight unseen with an unknown history.
If I can't see it up close and inspect it I try my best to stay away. Been burned before.
I agree that the prices realised are used as valuations by guys doing private sales. People however forget the 29-35% sellers premium that the consignee never sees. A $1000 auction items costs the buyer $1200 with premium and GST (not including any PST portion or a 3% VISA fee in some cases if applic). The seller/estate has approx 30% seller fee (depending on auction house) and only sees $700 in his/her pocket.
If I can't see it up close and inspect it I try my best to stay away. Been burned before.
I agree that the prices realised are used as valuations by guys doing private sales. People however forget the 29-35% sellers premium that the consignee never sees. A $1000 auction items costs the buyer $1200 with premium and GST (not including any PST portion or a 3% VISA fee in some cases if applic). The seller/estate has approx 30% seller fee (depending on auction house) and only sees $700 in his/her pocket.
I participated in the auction for the first time. I picked up a restricted length S&W model 39 for the same price It would have cost me to buy a 12.6 and get it rebarelled at bits and pieces. I calculated the buyers and premium and tax and shipping and had a set price. This was just am easier route and a lot less time consuming that getting one rebarelled.
Stefan
Stefan
maple_leaf_eh
CGN Ultra frequent flyer
Prohibited handguns which have had the short barrels replaced to move them into Restricted?
nowarningshot
CGN Ultra frequent flyer
There were some, just ok prices for some of the high end stuff, but lower end was insane. Chinese short barreled 870 clones going $200 over retail. Maybe there is a shortage of certain models i do not know about?
I started this thread in reference to the antique auction held on the 24th - last Saturday, day before yesterday; not the general auction on the 17th.
By reconverted, I am referring to guns made as flintlocks, converted to percussion, then reconverted back to flintlock.
By reconverted, I am referring to guns made as flintlocks, converted to percussion, then reconverted back to flintlock.
Milanczar
CGN Ultra frequent flyer
I was at the auction. I did notice higher prices on most non restricted than I usually see.
First I noticed an abnormally higher amount of pre auction bidding. I put it down to hunting season so some folks
were trying to bid up and get what they wanted without being online during the auction or being there caused they planned to be at camp or in a blind at the time.
During the auction I definitely noticed some out of whack bidding as nowarningshot noted with the Chinese short barreled 870 clones and some other stuff like some of the numerous Enfields.
Still the Colt rifle went for a lot less than it's supposed value.
I was successful in getting what I wanted (one of the 1895s and the Rem Model 8) at a reasonable price and actually less than I feared watching the bidding go up before the auction.
That auction had one of the ugliest guns I have ever seen. It looked like Frankenstein's gun.
I think it was an old Cooey where the stock had been repaired by bolting a piece of steel with sharp corners and edges over the break........
First I noticed an abnormally higher amount of pre auction bidding. I put it down to hunting season so some folks
were trying to bid up and get what they wanted without being online during the auction or being there caused they planned to be at camp or in a blind at the time.
During the auction I definitely noticed some out of whack bidding as nowarningshot noted with the Chinese short barreled 870 clones and some other stuff like some of the numerous Enfields.
Still the Colt rifle went for a lot less than it's supposed value.
I was successful in getting what I wanted (one of the 1895s and the Rem Model 8) at a reasonable price and actually less than I feared watching the bidding go up before the auction.
That auction had one of the ugliest guns I have ever seen. It looked like Frankenstein's gun.
I think it was an old Cooey where the stock had been repaired by bolting a piece of steel with sharp corners and edges over the break........
