Page Index Toggle Pages: 1 Send TopicPrint
Normal Topic single shot auctions (Read 1383 times)
Ballard6
Full Member
***
Offline



Posts: 170
Location: CORINTH
Joined: Apr 5th, 2008
single shot auctions
May 28th, 2019 at 8:53pm
Print Post  
Good evening fellows   Just wanted to hear any comments about the recent auction of single shots some of which were Popes where they sold for very low prices.  Some have said the 20% juice contributed to this and others have said it was  "The day single shot rifles died". Don't think the young generation is interested in these type of rifles which represent the wonderful craftmanship of a by gone era.  What a shame !!
  
Back to top
 
IP Logged
 
pmcfall
Full Member
***
Offline



Posts: 217
Location: St. Joseph, Missouri
Joined: Jan 27th, 2006
Re: single shot auctions
Reply #1 - May 28th, 2019 at 9:12pm
Print Post  
Well, I don't think its quite that bleak.  I'm sure the 20% lowered prices since we all have a total amount we are willing to pay.  All markets run from peaks to lows and rebound for one reason or another.   I'd rather think we are trying to find the bottom from which we should rebound.  I view it as more of an opportunity.
Phil
  
Back to top
 
IP Logged
 
Zack T
Senior Forum Member
****
Offline



Posts: 272
Joined: Apr 9th, 2010
Re: single shot auctions
Reply #2 - May 28th, 2019 at 11:15pm
Print Post  
(You need to Login or Register to view media files and links)

This auction ? Some nice guns there at some great prices no $1500 popes yet but a couple $3k ones. A slump or the new norm ? I think the latter
  
Back to top
 
IP Logged
 
craigd
Frequent Elocutionist
*****
Offline



Posts: 1786
Location: midwest
Joined: Feb 22nd, 2009
Re: single shot auctions
Reply #3 - May 29th, 2019 at 8:36am
Print Post  
When Michael Petrov would share original pictures of A.O. Niedner at shoots in his later years, the thing that struck me was that there were just a small handful present. He might have thought it was the death of the single shot. I'd guess that there are some folks now in their twenties and thirties that stumble on an interesting single shot and it gets pushed to the back of the safe for various reason. Fifty years from now they might show it on a forum and tell the story of getting it for a song and used to shoot real lead out of it.
  
Back to top
 
IP Logged
 
Deadeye Bly
Oldtimer
*****
Offline



Posts: 730
Location: Stephens City
Joined: Feb 25th, 2011
Re: single shot auctions
Reply #4 - May 29th, 2019 at 8:56am
Print Post  
One particular auction had a 25% premium plus state sales tax plus 3% credit card fees and they didn't ship. They also didn't answer questions on individual rifles because they didn't have time. I can understand lower prices in that auction.
  
Back to top
 
IP Logged
 
marlinguy
Frequent Elocutionist
*****
Offline


Ballards may be weaker,
but they sure are neater!

Posts: 11772
Location: Oregon
Joined: Feb 2nd, 2009
Re: single shot auctions
Reply #5 - May 29th, 2019 at 10:24am
Print Post  
Whenever an auction features large quantities of a particular style rifle, it usually results in lower than normal prices on a number of the guns at auction. It basically floods the market for that type of gun as bidders will set aside a certain amount to spend, and not bid high on every gun offered.
It's simply a case of funds available for most people, so limited funds means limited bid prices. Some real bargains can be had at these types of auctions featuring large numbers of single shot rifles.
  

(You need to Login or Register to view media files and links)
Back to top
 
IP Logged
 
RonJonUSN
Junior Forum Member
**
Offline



Posts: 61
Location: Dias Creek, New Jersey
Joined: Oct 23rd, 2013
Re: single shot auctions
Reply #6 - May 30th, 2019 at 6:38pm
Print Post  
At this particular auctionhouse, the buyer would probably have to cough up another 1/3 of the hammer price.  After (high) buyer's premium, sales tax, shipping, etc.  Not as great as it sounds.
  
Back to top
 
IP Logged
 
Zack T
Senior Forum Member
****
Offline



Posts: 272
Joined: Apr 9th, 2010
Re: single shot auctions
Reply #7 - May 30th, 2019 at 7:26pm
Print Post  
  prices there are shown as hammer plus buyers.  Compared to 10 years ago screaming deals  but who knows where the bottom is
  
Back to top
 
IP Logged
 
Bent_Ramrod
Frequent Elocutionist
*****
Offline



Posts: 1037
Location: Southern Arizona
Joined: Feb 8th, 2006
Re: single shot auctions
Reply #8 - May 31st, 2019 at 8:33am
Print Post  
We’re also coming out of an economic situation where savings netted 0.022% interest, and inflation outran that considerably.  Tangible “collector’s items” are seen under such conditions as “investments,” and the “flippers” start snapping them up, depleting the market and artificially raising prices.

When other more liquid areas of investment begin paying decent dividends, the money goes out of “collectibles” until the economy hits the next round of stagnation or inflation.  This is just the water being squeezed out of the market.
  
Back to top
 
IP Logged
 
40_Rod
ASSRA Journal Editor
*****
Offline


Extremism in the persuit
of accuracy is not a
vice

Posts: 3993
Location: Knoxville, TN
Joined: Apr 20th, 2004
Re: single shot auctions
Reply #9 - Jun 2nd, 2019 at 10:15am
Print Post  
The auction was poorly done. Descriptions of the rifles were often inaccurate and the advertising was woefully inadequate. Having said all that quite a few collectors consider a rifle (even a Pope) that isn’t exactly like the catalog to be a bitched up rifle. All in all this was an object lesson in how not to auction off rare single shot rifles.

40 Rod
  
Back to top
 
IP Logged
 
Page Index Toggle Pages: 1
Send TopicPrint