As I previously stated in my explanation regarding reserves, reserved guns are handled just exactly the way I stated in my letter, and all sold the way that Bindlestiff interpreted. The gun either sells at auction, and in such case, the owner is paid the full proceeds less commission and expense charges. If by accident, the gun is sold for less than the reserve, then I have to make up the difference, and I do. If the gun is bought in by the clerk in executing the reserve, and therefore does not sell, it is not my gun, it is still the consignors, and the gun is returned to the consignor unless the consignor makes other arrangements with us. We do not arbitrarily sell anyone’s guns to anyone. That is a fact, and there are no exceptions. If C.O.B. would please e-mail me at my e-mail address, and give me the details on the issue he has been referring to, I would be glad to investigate it, but there is no situation in which I or my staff ever sold a client’s gun after the auction on the side and refused to give it back to them.
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