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Forums10
Topics39,490
Posts562,005
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Most Online9,918
Jul 28th, 2025
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Joined: Apr 2002
Posts: 306 Likes: 13
Sidelock
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OP
Sidelock
Joined: Apr 2002
Posts: 306 Likes: 13 |
Recently received notice from Poulin Auctions that they will be auctioning the Collection of Lewis Drake in their May Premier Auction. I see that the Lewis Drake web site appears to be active. So, what is going on? Possibly, Lewis Drake is auctioning some of his collection rather than selling it himself? Lewis Drake specialized in high end shotguns and rifles, particularly antique masterpieces.
Can someone tell us what is happening?
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Joined: Jun 2008
Posts: 5,694 Likes: 225
Sidelock
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Sidelock
Joined: Jun 2008
Posts: 5,694 Likes: 225 |
USAF RET 1971-95 ![[Linked Image from jpgbox.com]](http://www.jpgbox.com/jpg/57865_80x60.jpg)
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Joined: Jan 2002
Posts: 10,134 Likes: 124
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 10,134 Likes: 124 |
smart move by l&d...
eliminates question of returns by inserting third party, poulins into equation...
return is not an option with poulins...
more buyer exposure...
for every l&d buyer, poulins probably have a few hundred...
poulins pays all overhead and administrative costs...
l&d has rep for selling high priced stuff...no bargains...
perception is, one can get bargain at poulins and other on line auctions...
inventory will be converted to cash in one week end of selling...
better believe there will be hidden reserves...as in item passed...
Last edited by ed good; 01/28/25 07:31 PM.
keep it simple and keep it safe...
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Joined: Jan 2002
Posts: 1,684 Likes: 138
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 1,684 Likes: 138 |
Lewis is older than I am, so probably wishing to retire. If you look at his pictures on his website they are dated 2023.
John
Quality Arms
John Boyd
Quality Arms Inc
Houston, TX
713-818-2971
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Joined: Apr 2002
Posts: 306 Likes: 13
Sidelock
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OP
Sidelock
Joined: Apr 2002
Posts: 306 Likes: 13 |
Thanks for your comments.
I find it interesting that a well known dealer would use an auction house to sell his magnificent collection of fine guns. My guess is that many of his guns are extremely valuable, and as such, the best way to sell them is via auction and let the market establish their value.
It will be fun to follow that auction.
Bill
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Joined: Dec 2020
Posts: 1,198 Likes: 550
Sidelock
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Sidelock
Joined: Dec 2020
Posts: 1,198 Likes: 550 |
He has probably got enough clout with the Auctioneers to let him off lightly on seller’s commission or unsold fees (at least I hope so for his sake).
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1 member likes this:
Ted Schefelbein |
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Joined: Feb 2002
Posts: 14,447 Likes: 278
Sidelock
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Sidelock
Joined: Feb 2002
Posts: 14,447 Likes: 278 |
Not much left on his website. Is it all in an auction house?
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