Auction in Detriot
 

How many of you guys went, or bid on any of the guns this past Friday in Detroit?

Bill

Here are some of the prices paid for the Parker guns. These do not reflect the 18% buyers premium or Michigan 6% sales tax for us residence.

20 ga BH 24K
12 ga BH 16K
20 ga BHE 15K
410 ga VHE 15K
28ga DHE 23K
12Ga AHE 7K
16ga VH 3.5K
12ga DH 4K
12ga VHE 2 Barrel Set 4K
20ga GH 2 Barrel set 8K
12ga SC sbt 3.75K
12ga VHE 2 barrel set 3.5K
20ga VH 3.75k
20ga VHE Skeet 4.5K
20ga VHE Skeet 5.5K
20ga VHE 4K

Left after item 101

Well, I thought the estimates were too good to be true & they were.

Best Regards, George

I guess there was no need for me to race down here to Detroit for that auction!

I guess the first two guns were the consecutively numbered pair, 12 and 20. We didn't find guns like that very often when we went through the order books. What a pair of guns. I guess when you have good guns to sell, it doesn't much matter what auction house handles the sale. However, I would be inclined to use one that doesn't charge an 18% buyers premium. Mr. Redding up there in PA made $1276.00 for selling the AHE .410. These guys in Detroit would have made about $5000.00 for selling the same gun. The seller would have lost every dollar of the difference.

Jaquas bought the 20 of the BH pair and got the case for the 2 guns. It is a shame they broke up the pair.

Bill

You guys are going to love this. I had my decimal points in the wrong position. The guys in Detroit would have made $49,880.00 (assuming a 25% commission rate) on the gun that Mr. Redding sold for a commission of $12760.00. Be sure you know what you're doing when you sell your guns. Many more people knew about the Redding auction for one fine Parker than knew about the best Parkers that have been sold in years in Detroit.

Bill,What am I not getting here? 25%commission on $12,760.00 is $3,190.00 Am I missing something?

I was using the AHE .410 sold at Reddings a few years ago as an illustration. Redding sold the AHE gun for 11%, no buyer's premium, total commission $12,760.00. At the Detroit auction, assuming a 25% commission and 18% buyer's premium, total commission $49,880.00. The difference in the two commissions would be $37,120.00 and Redding seemed to draw a pretty good crowd, at least enough to get $116,000.00 for the shotgun. I added a few words to my post to correct what I incorrectly stated. Thanks for bringing it to my attention.

Ok Bill.Now I get it! Thanks..