Morphy’s Auction!
I followed most of the shotgun portion of this auction yesterday. It was Day 1 of their 2 day sale. The BHE 4 barrel—2 gun set hammered at 160K, well below predicted estimates. I thought the VHE 28 on an 00 frame at $7000 was a steal. Yes, I know it was all redone, but looked really great. My takeaway from yesterday was the fact that the majority of guns failed to reach low estimate. The prices for 12 bore Purdey’s appears to be in the basement. I will say that the buyers premium at this auction, I believe, hampers the pricing to some extent, especially if you can’t attend and use an online service. Interestingly, the Krieghoff target guns sold well, as did some of the more contemporary target guns. Just a few random observations................
|