here is another one 7/18/09

Discussion in 'General Firearm Discussion' started by pokerace, Jul 16, 2009.

  1. pokerace

    pokerace
    Newberg
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    what is going on with all of these auctions?

    http://www.garygermer.com/[/URL]
     
  2. Weebs

    Weebs
    Clackamas County
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  3. pokerace

    pokerace
    Newberg
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    thanks
     
  4. CEF1959

    CEF1959
    Willamette Valley, Oregon
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    These auctions are fun, but unless you are bidding on something pretty obscure that no one else really wants, you are very unlikely to find a bargain. Consider this:

    1. Auctions are structured to ensure over-valuation. That's because some people will value the item correctly, some will over-estimate its value (or value it more highly for personal reasons), and some will under-estimate its value. Those who over-estimate (or just plain get carried away, which is it's own problem in auctions) always win any competitive auction.

    2. The buyer's premium. Ouch. 10-12 % of what you bid.

    3. The transfer fees. Like buying from any FFL, rather than FTF.

    4. The seller's reserve. A minimum winning bid, set by the seller or auctioneer, ensures that you won't get a smoking deal just because no one else bids.

    But I love 'em. I might be at both the one in Boring and the one in NW PDX this weekend just to watch the show. :D
     
  5. swoop

    swoop
    Milwaukie, Oregon
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    Auctions are fun and I always register, but seldom bid anymore..most of the time you can beat auction prices on CL. but they don't sell guns, so see you all Sunday. :D
     
  6. elsullo

    elsullo
    Portland Oregon
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    Hey Pokerface, thank's for alerting us to these! Otherwise I would never know of these auctions!.....................elsullo :thumbup:
     
  7. elsullo

    elsullo
    Portland Oregon
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    I just called the auction site (Fri. PM) and learned that there is no air-conditioning........................ They will open doors for a cross-breeze, but there is not much wind today......................... I don't think I can face it!.......................elsullo :(
     
  8. pokerace

    pokerace
    Newberg
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    Pokerface


    spelling,spelling and reading
     
  9. elsullo

    elsullo
    Portland Oregon
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    I blame it on the HEAT!...................elsullo ;)
     

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