I usually keep an eye on his auctions. He had a nice Bernardelli Italia hammer gun with 30" barrles and I foolishly let it go.
Sometimes, part of getting a good price on auction is getting people get into a bidding frenzy. And penny auctions will usually do it... but not always. I have seen penny auction bring very high prices but I have also seen them bring incredibly low prices... just depends on the gun and how many people want it.
The AA Derby I sold for $1850 had something like that happen. I listed the gun for $1250 originally. It was listed for week and generated a good bit of interest but it went unsold. I then relisted it for $1100 and I got bids immediately... then I got some more and then some more again. And it ended up selling for $1850. The first time it was listed, a lot people were watching it but nobody acted. When it relisted and got a bid, buyers started bidding because they didn't want to lose it and they got into a bidding war. I've done it myself and, a time or two, I paid too much for the gun because it... but hey, its only money. We can always earn more of it!
Adam
