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6 members (SKB, j7l2, CJF, battle, GeorgeGibbs505, bigblock),
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Apr 27th, 2024
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Joined: Jan 2009
Posts: 682
Sidelock
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OP
Sidelock
Joined: Jan 2009
Posts: 682 |
I just searched Gunbroker for NID and Winchester 21
Of all the NID auction hits not one had a bid
Of all the Winchester 21 hits, not one had met the reserve price
Last edited by Bushmaster; 03/22/18 10:34 PM.
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Joined: Dec 2001
Posts: 3,964 Likes: 89
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 3,964 Likes: 89 |
No wonder on the NID's. The starting prices on all of them are stratospheric.
When an old man dies a library burns to the ground. (Old African proverb)
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Joined: Jan 2009
Posts: 682
Sidelock
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OP
Sidelock
Joined: Jan 2009
Posts: 682 |
No wonder on the NID's. The starting prices on all of them are stratospheric. ^^^ Correct
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Joined: Feb 2011
Posts: 1,405
Sidelock
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Sidelock
Joined: Feb 2011
Posts: 1,405 |
And who even looks at Reserve auctions anyway. I remove them from my searches totally.
B.Dudley
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Joined: Jan 2002
Posts: 1,563 Likes: 70
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 1,563 Likes: 70 |
Its not just NIDs and 21s. Search SxS and its the same for most. Is it really an auction if nobody is bidding?
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Joined: Mar 2002
Posts: 7,718 Likes: 479
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,718 Likes: 479 |
Your search is too large. On Gunbroker, almost all gun sales are for no reserve auctions. By a ratio of more than 20:1. So if you want to see what guns are selling block out all reserve price guns. Then do a high number of bids search. That will give you the guns acutely selling at auction. All the rest are just dead items, listed endlessly or so over priced that they almost never attract attention.
NIDs do sell there but for $300-500 for all but the highest condition examples. Small bores for more, but not that much more. So any NID listed, with or without a reserve, with a price much above $500 will linger forever with no interest. Winchester 21s all seem to have a starting price about full retail. I find that most buyers will take a chance on a gun for a few hundred bucks but want to personally examine guns before taking a chance for thousands of dollars. It take a great looking 21 to even get a bid unless it starts out very low.
The problem is that sellers seem to want retail to high retail prices and buyers want only half price guns. Not a lot of overlap between the two. Then most buyers have figured out reserve auctions have the reserves set at full retail so there is no point even bidding on them. Hence items get delisted forever and never move.
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Joined: Jan 2002
Posts: 9,740 Likes: 97
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,740 Likes: 97 |
20 gauge and smaller nid's in decent shape sell for good money, as do other brands...
reserve auctions can be a valuable marketing tool, when searching for current retail value of popular merchandise...
the use of reserve auctions to sell unpopular merchandise is counter productive...
keep it simple and keep it safe...
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