JAMES JULIA'S MARCH 2012 AUCTION

[Opening Day]

Originally Posted by Robin Lewis

I saw lot 1118, the Parker 16 ga skeet gun hammer in at $6,250 and the estimate was $7,500 - $10,000 and yet it later shows as a no sale? The same goes for lot 1111, the 20 ga BHE which had an estimate of $20,000 - $30,000 and hammered in at $16,000 but was also a no sale? Granted, they didn't get up to the minimum estimate but they were well above half that number. I don't know how Julia figures all this but I know that if I thought I bought the skeet gun for $6,250 and then when I went to pick it up I was told I couldn't get it, I would be some upset.

Now that I am putting my thoughts down here, I am wondering if they have a bidder in the room pushing it up to the minimum and when they win, its a no sale? I never annualized this before but something just seems odd with how this turned out.

Robin, could not have said it better... Hell I am still waiting on the refund of my buyers premium for the DH16 ga (the one with wall thickness of .015 that they said was .03..) that Mr. Julia told me to pound sand when I asked for a refund of the buyer's commission...

[Big Friend Ten (BFT)]

So... why would anyone buy from Julia's Auctions?

[Big D]

Has anyone asked Julia's what their policies are, rather than guess or speculate?

[Richard Flanders]

So, on these guns that didn't not sell, did they actually hammer down and say "Sold" at the auction? And I guess one has to read every bit of the small print in the contract before submitting a gun for sale with them.

[Opening Day]

Originally Posted by John Dallas

Has anyone asked Julia's what their policies are, rather than guess or speculate?

John, I don't have to speculate... I know how they "trashed me" and that's is all I need to know...You lose a few thousand on a gun and let's see how you feel...

[Bindlestiff]

Originally Posted by Richard Flanders

So, on these guns that didn't not sell, did they actually hammer down and say "Sold" at the auction? And I guess one has to read every bit of the small print in the contract before submitting a gun for sale with them.

Yes, the hammer falls and "sold" called.

[Dean Romig]

Mark, in answer to your question - they have quality auctions and provide access to some wonderful firearms, as well as all the non-gun stuff they auction.

One can either place a reserve on an item he consigns with them... or not.
Either way, unless there are no bids at all for that particular lot, you're probably not going to get it back.

[Big Friend Ten (BFT)]

Dean,

Yes, I know that. I still ask why would one do business with them?

Mark

[Bindlestiff]

I sent them an email and asked them to explain why the guns didn't sell even though they hammered them as sold. If I get a reply, I will post it to this thread.

[James Brown]

The following is from Julia's web site and printed catalog:
"9. RESERVES: Some items in this auction may carry a conservative reserve.Therefore, the auctioneer may bid on behalf of the owner or for the auction house. The purchaser will be the highest bidder acknowledged by the auctioneer. Please note that when a lot carries a reserve, the reserve is usually somewhere below the low estimate in the catalog. Actual reserve figures cannot be divulged, but we will tell you if an item carries a reserve should you ask."

Looks like Mr. Mitchell may be right, at least on some lots, you could be bidding against the owner and/or the auction house and not know it unless you ask.
James