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Forums10
Topics39,966
Posts568,915
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Most Online19,682
Mar 28th, 2026
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Joined: Jul 2005
Posts: 2,437 Likes: 37
Sidelock
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Sidelock
Joined: Jul 2005
Posts: 2,437 Likes: 37 |
I sold about 20 Smith & Wesson collectable revolvers with Amoskeag in the past November auction. They came through Montana to pick them up and all dealings with the company were hassle free and smooth in transaction. We settled on 12% . They wanted 15% I wanted 10%. There estimates were in line with my valuation with beginning prices lower that I might have liked. I did not participate in setting any prices or estimates. The auction did not bring out the bidders I had hoped for. Some of the rarest, highest estimate guns did very well. My more common guns sold low, several just making the low start price and 2 not selling. There descriptions were by an large accurate but one of my nicer guns the description was quite picky in my view and it didn't bring minimum.
I got one fat check for all the sales. I'm sure I could have done better by brokering individual sales myself but was also have health issues at the time.
Net result: less than hoped for final $, smooth dealings, all one batch. Nice single transaction payoff at the end.
Having returned to health I would sell individually myself. Would advise my widow to do Amoskeag upon my demise.
I would shop around the auction houses more if considering auctions again.
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Joined: Jan 2002
Posts: 11,142 Likes: 1658
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 11,142 Likes: 1658 |
Well, glad to hear you are doing better, regardless of auction outcome.
Best,
Ted
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1 member likes this:
SDH-MT |
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Joined: Jul 2005
Posts: 2,437 Likes: 37
Sidelock
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Sidelock
Joined: Jul 2005
Posts: 2,437 Likes: 37 |
Thanks Ted. Covid19 really beat me up ~ twice.
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Joined: Apr 2010
Posts: 853 Likes: 131
Sidelock
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Sidelock
Joined: Apr 2010
Posts: 853 Likes: 131 |
Why so coy, Buckstix?
Come on out and just tell us ...
OWD In this litigious world, I don't post anything on an open forum.
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Joined: Jan 2003
Posts: 2,877 Likes: 16
Sidelock
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Sidelock
Joined: Jan 2003
Posts: 2,877 Likes: 16 |
Buckstix-
OK. Fair enough. What did going through the entire process with two different auction houses teach you, overall?
What advise would you have to other people?
OWD
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Joined: Jan 2009
Posts: 861 Likes: 39
Sidelock
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Sidelock
Joined: Jan 2009
Posts: 861 Likes: 39 |
Glad to hear you have recovered, Steve. Hope all goes well in the future.
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1 member likes this:
SDH-MT |
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Joined: Apr 2010
Posts: 853 Likes: 131
Sidelock
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Sidelock
Joined: Apr 2010
Posts: 853 Likes: 131 |
Buckstix-
OK. Fair enough. What did going through the entire process with two different auction houses teach you, overall?
What advise would you have to other people? OWD
I will be putting together a complete list of WARNING ABOUT DEALING WITH LARGE AUCTION HOUSES. This is based on over 1000 auction sales. I have to take a few weeks to get everything organized and complete. I will be publishing on every forum to which I subscribe in hopes that others can learn the dangers.
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1 member likes this:
tut |
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Joined: Sep 2022
Posts: 34 Likes: 8
Sidelock
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Sidelock
Joined: Sep 2022
Posts: 34 Likes: 8 |
Wow, this will be great. This is something. I’m looking forward to not that I have a lot of guns to sell, but I’m all very curious of how this works who makes money who comes out well, I’m sure the auction companies really are the major benefactor from this and I’m going to venture to say that this will show it. I read somewhere that if you want to sell your guns through an auction process except for some really great item that brings billionaire against billionaire overall you’re going to get a return have about 50% of value so I am very curious to see this. Thank you very much for doing this.
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