BillinBama Posted April 19 Report Share Posted April 19 On 4/16/2024 at 4:50 PM, Rekraps said: You absolutely do not need another gun. When did "need" ever enter into our discussion of subguns? I tell my customers all the time they only "need" one or two guns, after that, it's just what they want to buy. If "need" were the criteria, this board would have shut down long ago.... That said, at the current price it is very inviting, but the auction doesn't begin until April 27 and I bet the price will run up to current worth in the final hours, possibly even going over it's value. That's how auctions work and we've all gotten caught in the fever and overbid on something. But it bears watching anyway. Link to comment Share on other sites More sharing options...
Rekraps Posted April 19 Report Share Posted April 19 Well spoken Grasshopper. Link to comment Share on other sites More sharing options...
Slowmo Posted April 19 Report Share Posted April 19 5 hours ago, BillinBama said: That said, at the current price it is very inviting, but the auction doesn't begin until April 27 and I bet the price will run up to current worth in the final hours, possibly even going over it's value. That's how auctions work and we've all gotten caught in the fever and overbid on something. But it bears watching anyway. Ya never know, a couple Ks went for S&W76 prices back in February: https://www.rockislandauction.com/catalog/1045?keywords=Class%20iii In fact, on closer inspection, I think Lot 563 might be the same gun as the one in the GB auction at the start of this thread. Note the thumb clearance cut on the left grip panel. Link to comment Share on other sites More sharing options...
Rekraps Posted April 20 Report Share Posted April 20 Ah, the old list it on GB and then put it to auction trick! Eagle eye Slomo is on it guys! Link to comment Share on other sites More sharing options...
Got Uzi Posted April 20 Report Share Posted April 20 You’ve got it backwards-it sold at RIA and then was put on GB. It is the same K Link to comment Share on other sites More sharing options...
johnsonlmg41 Posted April 20 Report Share Posted April 20 17 hours ago, Slowmo said: Ya never know, a couple Ks went for S&W76 prices back in February: https://www.rockislandauction.com/catalog/1045?keywords=Class%20iii In fact, on closer inspection, I think Lot 563 might be the same gun as the one in the GB auction at the start of this thread. Note the thumb clearance cut on the left grip panel. I bid on both of those, or they would not have even gotten that high, so the new owner, being high bidder at one auction expects a higher bidder to come along? Maybe he's a great poker player? Link to comment Share on other sites More sharing options...
Mike Hammer Posted April 20 Report Share Posted April 20 (edited) How about the West Hurley that sold for $32.5K, that's over 40K with buyers premium, amazing. https://www.rockislandauction.com/detail/1045/2574/autoordnance-1928-a-range-thompson-class-iiinfa-cr-mg Edited April 20 by Mike Hammer 1 Link to comment Share on other sites More sharing options...
Rekraps Posted April 20 Report Share Posted April 20 2 hours ago, Mike Hammer said: How about the West Hurley that sold for $32.5K, that's over 40K with buyers premium, amazing. https://www.rockislandauction.com/detail/1045/2574/autoordnance-1928-a-range-thompson-class-iiinfa-cr-mg Mike, we're all in favor of high prices! Link to comment Share on other sites More sharing options...
Mike Hammer Posted April 20 Report Share Posted April 20 3 minutes ago, Rekraps said: Mike, we're all in favor of high prices! Only if your a seller.... Link to comment Share on other sites More sharing options...
Slowmo Posted April 21 Report Share Posted April 21 16 hours ago, johnsonlmg41 said: I bid on both of those, or they would not have even gotten that high, so the new owner, being high bidder at one auction expects a higher bidder to come along? Maybe he's a great poker player? Wouldn’t surprise me at all if he turned it for a profit at that price. Kind of reminds me of the efficient market hypothesis where all information is said to be known and priced into a share valuation. It makes sense for modeling, yet people keep getting rich buying options and short-selling, suggesting some are still good at spotting bargains and inflated pricing trends. Link to comment Share on other sites More sharing options...
Rekraps Posted April 21 Report Share Posted April 21 23 hours ago, Mike Hammer said: Only if your a seller.... True. Link to comment Share on other sites More sharing options...
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