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#43 | ||||||
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You are not wrong. The last two Sousa Knicks that I am aware of sold for $22,425 and $31,050, don't know if either included the BP. The $31,050 gun was put on the market later for a lower price and I don't know whether it sold. $30,000 including buyer's premium is a very strong price for a Sousa Flues gun. It is an exceptional gun though.
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The Following 2 Users Say Thank You to Bill Murphy For Your Post: |
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#44 | ||||||
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For what it's worth, I bid directly on the G&D site, not a third party app (at least some of those overlay a further commission percentage, which would be ridiculous to pay). I have no trouble on a bid sequence is extended, but always on items I have prebid online, and for which I am leading when the item starts. If it is a quick auction, I will invariably lose the item. I never get any acknowledgement until 30-45 seconds has passed, and find that another paddle number won. This is just my impression, but it seems that there is often a bid accepted from the floor before bids that may have been made long before the auction date. The problem comes in that if you have posted the minimum opening bid and there are no other bids, the auctioneer opens the bidding and someone on the floor opens at the minimum bid. You think it is your bid because you bid a week ago and only find out it isn't you when the bidding closes 30 or 40 seconds later. I think it may come about because the internet bids are passed to the auctioneer upon the opening of bidding. Most other live auctions I participate in (not just gun auctions) announces a lot, announces the current winning pre-bid to date and then opens the live bidding. That is the only fair way to handle it, because in a quick auction the internet bidder has placed a bid and the floor bidder is allowed to post a later bid that is in effect a non-bid. That isn't consistent with any of the rules of auction bidding I have seen. It is possible to even lose to a lower bid than your pre-bid if the online bids are reported too slowly.
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The Following User Says Thank You to Arthur Shaffer For Your Post: |
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#45 | ||||||
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Art,
As a seller in the G&D auctions, I am especially interested in your comments regarding a lower bid gaveling when you had a higher pre-bid. I urge you to call G&D to advise them so they can investigate. If you do, it would be great to hear their findings. Best!
__________________
Follow a good dog while carrying a fine shotgun and you will never be uninspired. |
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#46 | |||||||
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The Following User Says Thank You to Arthur Shaffer For Your Post: |
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#47 | ||||||
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Sorry, Art. What I read in post #44 was the following. After reading more closely, you were saying it is possible to lose to a lower bid, not that you did. Got it.
__________________
Follow a good dog while carrying a fine shotgun and you will never be uninspired. |
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#48 | ||||||
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Years ago, it was explained to me by Dan Kull, though I'm not 100% certain I can state it as he did to me, after loosing an 1895 Deluxe Winchester. I had submitted a written bid about a week before the auction, which I thought was the winning bid. In fact I didn't win it, because the auctioneer started the item well below my bid, but because of the bid increment, a floor bidder tied my bid, but because I was not present to enter a tie breaking bid, and the floor bidder was, the gun was awarded to the floor bidder. What I never understood, was why they started well below my bid, and not opened the bidding at what was, at the time, the highest bid.
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#49 | ||||||
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Edgar I think most all auctions work that way. If the bidding stops below your max you pay less. If it exceeds your max you lose out. The last gun I purchased via auction I placed my highest bid. The bidding increased but stopped just shy of my max so I won.
__________________
"A man who carries a cat by the tail learns something he can learn in no other way." |
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#50 | |||||||
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The auctioneer did say that if I really want something, just put "Bid To Win". He obviously had me mistaken for someone else. |
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The Following User Says Thank You to edgarspencer For Your Post: |
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