Parker Gun Collectors Association Forums  

Go Back   Parker Gun Collectors Association Forums Parker Forums General Parker Discussions

Notices

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Guns auctions and reserves
Unread 04-13-2017, 11:26 AM   #1
Member
Bindlestiff
PGCA Lifetime
Member
 
Robin Lewis's Avatar

Member Info
 
Join Date: Nov 2008
Posts: 2,118
Thanks: 703
Thanked 2,941 Times in 870 Posts

Default Guns auctions and reserves

I stole this from another thread, I don't want to disrupt the flow of that thread.

Quote:
Originally Posted by Dean Romig View Post
The fact that a gun "hammered" is no indication that it met reserve.

It simply means that the high bid was recorded.
.
That is my main issue with the way auctions in New England seem to be run. When I first started going to auctions many years ago, any item that had a reserve was advertised as such, both in the auction listing and at the start of the items auction. They never reveled the reserve value but announced that an item had a reserve when it went "on the auction block". And, just as important, when the hammer dropped, they announced "no sale" if that reserve was not reached.

I watch high end auto and farm equipment auctions today and they announce reserve items and "no sales", as I would expect. I wonder why all the high end gun auctions I go to here in New England never follow that practice?

I have often wondered if this "sloppy" handling of reserve items is only a New England issue. There must be a reason other than laziness that they don't handle reserve items in a clear and obvious way.

Outside New England, how do gun auctions handle reserve items?
Robin Lewis is offline   Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 07:53 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright © 1998 - 2025, Parkerguns.org
Copyright © 2004 Design par Megatekno
- 2008 style update 3.7 avec l'autorisation de son auteur par Stradfred.