JAMES JULIA'S MARCH 2012 AUCTION

[George Lander]

The auction results have now been posted for both Julia's and Poulin's auction

Lot# 1111 The 20 ga. BHE straight grip did not sell.
# 1112 The .410 VHE brought $24,150.00
# 1113 The 28 ga. GH straight grip brought $15,525.00
# 1114 (The one that I wanted) the cased 8 bore upgrade to A-1 Special
went for $18,400.00
#1115 The AAAH 20 ga. upgrade went for $12,650.00
#1116 The 20 ga. DHE went for $5,750.00 (A great buy IMHO)
#1117 The 20 ga. GHE straight grip went for $6,612.50
#1118 The 16 ga. GHE Skeet did not sell
#1119 The 12 ga. DHE did not sell
#1120 The 12 ga. DHE w/ Miller single trigger & extra barrels went for
$3,450.00 (Another great buy IMHO)
#1121 The $100 Grade back action lifter went for $3,450.00
#1122 The 20 ga. Grade 3 lifter went for $32,200.00 (six times the high
estimate of $3,000 - $5,000)
#1123 The 12 ga. Quality 2 lifter went for $2,875.00 (Another great buy)
#1124 The cased 10 bore No. 2 lifter w/ accessories went for $10,925.00
#1125 The 28 ga. VH went for $9,200
#1126 The 20 ga. VHE O frame went for $2,875.00
#1127 The 12 ga. VH 1 1/2 frame went for $1,380.00
#1128 Another 12 ga. VH 1 1/2 frame went for $1,150.00

THERE WERE SOME GOOD BUYS HERE, BUT SOME BIG PRICES ON THE RARER GUNS. The prices shown also includes the vig. WHO SAID THAT THERE IS A RECESSION GOING ON?

Best Regards, George

[6pt-Sika]

Thanks George I had been wondering what that 8 gauge upgrade brought !

Sure woulda liked to have bought it

[6pt-Sika]

I'm curiouse ?

The ones you say didn't sell . Were they pulled from the auction or did they not meet a reserve ?

[6pt-Sika]

They had a Krieghoff Crown Grade K-32 4 barrel skeet set and a Browning Superposed Midas Grade 4 barrel skeet set . You wouldn't happen to know what either of these brought would you ?

[George Lander]

Craig: My guess is that they did not meet the reserve. They could, most probably, be bought directly from the auction house at some price. If they had a K-22 & a Midas 4 barrel set in this sale I have not been able to find them. The catalogue & results are now on line.

Best Regards, George

[Bindlestiff]

Much worse than that. Not all items have a reserve and there is no notice as to which ones have a reserve. In fact if you have never been to his auction before, you would have no idea that anything is at reserve.

If an item is on reserve and the reserve is not met, you don't know that either. The hammer falls as if it sold. If I was bidding and had high bid, I would think I bought it. I have no idea what happens when the bidder finds out he didn't win the item.

The only way I know any of this is by going and watching. I see items sell but then the "official" list comes out and items that I thought sold are unsold. Look at my post on this auction, I posted what the hammer bid was on each lot when I got home Monday afternoon and yet some were not sold when George posted his list.

I don't like it but what are ya going to do. I do know one person that put a gun up there with a reserve and the reserve was not met; AND he didn't get his gun back as expected. It seems they can simply give you the reserve as payment and they keep the gun.

[Dean Romig]

Originally Posted by Robin Lewis

Much worse than that.... I do know one person that put a gun up there with a reserve and the reserve was not met; AND he didn't get his gun back as expected. It seems they can simply give you the reserve as payment (less the seller's premium) and they keep the gun.

AND he subsequently called and made a fuss and had a half-hour discussion with the representative about his displeasure with their way of doing business... AND he was told in the course of this discussion that on the reverse side of the contract he should have been informed of paragraph D but wasn't... AND he never received his catalog for this March 2012 auction...

[CSL]

Originally Posted by Robin Lewis

I do know one person that put a gun up there with a reserve and the reserve was not met; AND he didn't get his gun back as expected. It seems they can simply give you the reserve as payment (less the seller's premium) and they keep the gun.

--------------------------------

Originally Posted by Dean Romig

AND he subsequently called and made a fuss and had a half-hour discussion with the representative about his displeasure with their way of doing business... AND he was told in the course of this discussion that on the reverse side of the contract he should have been informed of paragraph D but wasn't... AND he never received his catalog for this March 2012 auction...

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With reference to the above statements, it would be interesting to know what actually took place with the gun Robin and Dean have mentioned here... And, if they "simply give you the reserve as payment (less the seller's premium) and they keep the gun.",,,, does the gun then become the company-owned property of James D. Julia, which he can then sell privately or run through another auction at a later date?... Is this a common occurrence?...

CSL
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[charlie cleveland]

id be mad if they kept my gun.... charlie

[George Lander]

I've never sold a gun at Julia's but I have bought a few. I never read their entire selling contract because that would give me a headache. Generally speaking the auction houses that I am familiar with, unless the auction is advertised as being "absolute", will not sell any item that does not bring at least half of the low estimate. As you say, Jent, the auction does not advertise which item has a reserve and which does not and it does tend to become confusing. Any item that hammers above half the low estimate should be sold unless advertised with a reserve IMHO. Some auction houses will continue to try to sell a gun that does not sell in the auction, post sale. Generally if they do this they will not accept a bid less than the low estimate that was published in the catalogue. Some auction houses will bid an item up to it's reserve against a live bidder and if it doesn't meet the reserve they will announce that it is sold to the "AB" (absentee bidder) so that it appears the every item is sold until the "prices realised list" is published.

Best Regards, George