Tequila Shooter Posted March 9, 2022 Share Posted March 9, 2022 I know everyone is sitting on a pile of money with price of gas/diesel however there’s a gun auction coming up that you may want to window shop. Amoskeag Auction they’ve got some interesting guns up for bid. Link to comment Share on other sites More sharing options...
Tell Sackett SASS 18436 Posted March 9, 2022 Share Posted March 9, 2022 The 1/3 scale Gatling gun was interesting, but does it WORK? Link to comment Share on other sites More sharing options...
Hendo Posted March 9, 2022 Share Posted March 9, 2022 5 minutes ago, Tell Sackett SASS 18436 said: The 1/3 scale Gatling gun was interesting, but does it WORK? Yes, half of the time. Link to comment Share on other sites More sharing options...
Ezra Hawthorne Posted March 9, 2022 Share Posted March 9, 2022 Dang, there are some really good things listed here but being that it's an auction website I doubt any of the firearms will be sold for anything less than an arm and a leg, just like GunBroker. Link to comment Share on other sites More sharing options...
Tell Sackett SASS 18436 Posted March 9, 2022 Share Posted March 9, 2022 50 minutes ago, Hendo said: Yes, half of the time. Shouldn’t it cost 1/2 as much then?? Link to comment Share on other sites More sharing options...
Phantom, SASS #54973 Posted March 9, 2022 Share Posted March 9, 2022 Don't forget your Buyers Premium (15-17.5%). These types of auctions are running all the time. Phantom Link to comment Share on other sites More sharing options...
Hendo Posted March 9, 2022 Share Posted March 9, 2022 1 hour ago, Tell Sackett SASS 18436 said: Shouldn’t it cost 1/2 as much then?? Dang, ya got me. Too much math going on here. Link to comment Share on other sites More sharing options...
La Sombra Posted March 9, 2022 Share Posted March 9, 2022 10 minutes ago, Hendo said: Dang, ya got me. Too much math going on here. It only works 1/3 of the time to scale. Lovely to look at it all, just too rich for my blood. La Sombra Link to comment Share on other sites More sharing options...
Tequila Shooter Posted March 9, 2022 Author Share Posted March 9, 2022 40 minutes ago, Hendo said: Dang, ya got me. Too much math going on here. Remember you got a 50-50 chance to get it 100% wrong. Link to comment Share on other sites More sharing options...
Driftwood Johnson, SASS #38283 Posted March 9, 2022 Share Posted March 9, 2022 Howdy I have attended the Amoskeag Auction many times. It is just up the road from me in Manchester NH. This is not like Gun Broker, it is a live auction in a live, brick and mortar auction house. It actually takes place in one of the old mills in Manchester. Amoskeag is the name of the mill complex that used to be the largest mill complex in the world. Unlike Gun Broker, when an item comes up, it is bid on then and there. No sitting around at home and waiting until the last minute to outbid everybody else. Once the hammer comes down, that item is sold. I have bought quite a few firearms there over the years, some were expensive, but I picked up some bargains too. What I liked best was the Silent Auction room. Stuff there was expected to bring a lower price than stuff in the main auction, so it was not bid on during the live auction. We would write our bids on a sheet of paper and submit them before the end of the auction. We would have to wait a few days while everything was tallied to find out if we won any of the items in the Silent Auction. I picked up a number of bargains from the Silent Auction. I think the best one was a real Triple Lock for $650. I also picked up antique ammo at the Silent auction. There was always a bank of phones at the back of the room and employees would take phone bids over those phones. it was interesting to watch Jason, the owner, get frustrated with the phone bidders as they dilly-dallied about whether they were going to bid any higher. I stopped going a couple of years ago, for a couple of reasons. One reason was Covid. The live auction shut down for a year or so at the beginning of the pandemic. The other reason was I was spending way too much money. About the time I stopped attending the auction, Amoskeag began hosting the auction live on the web at the same time the live auction was happening in the auction house. That was pretty much the kiss of death for me attending the auction any more. A wise business move by Jason, but because of the wider distribution, this was guaranteed to drive the prices up much higher than what he would have gotten from 40 or so bidders in the room. Jason still sends me the very glossy auction catalog, over 400 pages, it showed up a week ago or so. To tell you the truth, I have not even opened it. I don't want to be tempted. A few of the items I picked up over the years at the Amoskeag Auction: Merwin Hulbert Pocket Army, 44-40. Yes, I usually bring it to a SASS match about once a year and shoot it, with Black Powder cartridges of course. S&W Schofield revolver, 1stModel. The most accurate 22 revolver I own, a S&W K-22 Outdoorsman that shipped in 1932. I always show this side, the other side is not as bad. Incorrect grips, but I could care less. None of the high bidders was interested, so I got it for a great price. The aforementioned Triple Lock. Yup, almost no blue left on the outside, but it still locks up as tight as the day it left the factory in 1907. Smith and Wesson 38 Military and Police, 1st Model, also known as the Model of 1899. Got this one for a song too. Something you don't see everyday. A S&W #2 Old Army Tip Up. Converted from the original 32 Rimfire to shoot 22 Rimfire. No one else was interested so I got it cheap. Smith and Wesson Lady Smiths Smith and Wesson Perfecteds Another thing you don't see very often. Savage 1861 36 caliber Navy revolver. Link to comment Share on other sites More sharing options...
Phantom, SASS #54973 Posted March 9, 2022 Share Posted March 9, 2022 Yes..."Live" auctions are...fun. But they have some major disadvantages. One, you've got to respond immediately. Also, they are usually "As Is, Where Is"...and feeding frenzies are the norm. Plus, you usually pay for it in Buyer Premiums...so...have fun! Phantom Link to comment Share on other sites More sharing options...
Hells Comin Posted March 9, 2022 Share Posted March 9, 2022 44 minutes ago, Tequila Shooter said: Remember you got a 50-50 chance to get it 100% wrong. 50 - 50 chance means you have No chance at all. Link to comment Share on other sites More sharing options...
Kid Rich Posted March 9, 2022 Share Posted March 9, 2022 Thanks Driftwood. I would love to go to one of those auctions. kR Link to comment Share on other sites More sharing options...
Driftwood Johnson, SASS #38283 Posted March 9, 2022 Share Posted March 9, 2022 1 hour ago, Phantom, SASS #54973 said: Yes..."Live" auctions are...fun. But they have some major disadvantages. One, you've got to respond immediately. Also, they are usually "As Is, Where Is"...and feeding frenzies are the norm. Plus, you usually pay for it in Buyer Premiums...so...have fun! Amoskeag always had a viewing period of a week or two before the auction. Before I drove up to view stuff I would make notes in my catalog regarding what items I was interested in. Then I would drive up and spend several hours inspecting things with a fine tooth comb. This was an opportunity to cross things off my list that were not up to snuff, and add items that I had not considered before hand. I also got to handle stuff I had no intention of buying, such as original Henry rifles and other cool stuff. I would go up on a week day, there were never more than a few guys like me inspecting stuff. The feeding frenzy would happen for those guys who had to wait until the day of the auction to view stuff in the morning before the auction got underway. So yes, when an item was 'under the hammer' I had to respond immediately , but I had done my homework previously. Oh, I ain't saying I didn't get excited when one of the items I was interested in came up, yes, my heart would start racing. But that was part of the fun. Particularly when I got something for what I considered to be a good price. Buyer's premium? Of course. Amoskeag made no secret of it. I seem to recall the buyer's premium was 15% over the hammer price if you paid by cash or check, more if you put it on a card. Jason always announced the buyer's premium at the start of the auction, so nobody would be taken by surprise. It was also clearly explained in the first couple of pages in the catalog. The Buyer's Premium is how the auction house actually makes their money. As I recall, they would keep 15% of the hammer price, the rest would go to the consignee. Then the other 15% would also go into the auction house's pocket too. So they were making 30% on every sale. I did not begrudge them that. They had a large staff who was very helpful, I got to know a few of them quite well over the years. That is how they paid the staff. What kind of staff does Gun Broker have? Link to comment Share on other sites More sharing options...
Phantom, SASS #54973 Posted March 10, 2022 Share Posted March 10, 2022 11 minutes ago, Driftwood Johnson, SASS #38283 said: Amoskeag always had a viewing period of a week or two before the auction. Before I drove up to view stuff I would make notes in my catalog regarding what items I was interested in. Then I would drive up and spend several hours inspecting things with a fine tooth comb. This was an opportunity to cross things off my list that were not up to snuff, and add items that I had not considered before hand. I also got to handle stuff I had no intention of buying, such as original Henry rifles and other cool stuff. I would go up on a week day, there were never more than a few guys like me inspecting stuff. The feeding frenzy would happen for those guys who had to wait until the day of the auction to view stuff in the morning before the auction got underway. So yes, when an item was 'under the hammer' I had to respond immediately , but I had done my homework previously. Oh, I ain't saying I didn't get excited when one of the items I was interested in came up, yes, my heart would start racing. But that was part of the fun. Particularly when I got something for what I considered to be a good price. Buyer's premium? Of course. Amoskeag made no secret of it. I seem to recall the buyer's premium was 15% over the hammer price if you paid by cash or check, more if you put it on a card. Jason always announced the buyer's premium at the start of the auction, so nobody would be taken by surprise. It was also clearly explained in the first couple of pages in the catalog. The Buyer's Premium is how the auction house actually makes their money. As I recall, they would keep 15% of the hammer price, the rest would go to the consignee. Then the other 15% would also go into the auction house's pocket too. So they were making 30% on every sale. I did not begrudge them that. They had a large staff who was very helpful, I got to know a few of them quite well over the years. That is how they paid the staff. What kind of staff does Gun Broker have? I was just stating some "Live" auction weaknesses as compared to GB...which you brought up in a rather negative light. I would hope that most folks know what a "Live" auction is like...there are many Auction Houses that specialize in Firearms/Militaria...big deal. Cheers! Phantom Link to comment Share on other sites More sharing options...
wagon trader Posted March 22, 2022 Share Posted March 22, 2022 they have high side of market value as STARTING BIDS so its ALL at RESERVE basically as the first bid is the lowest they will accept. Dont care for "auctions" that have high start bids. That 1894 take down is a nice rifle on the first page but starting bid must be $5000 or better! ??? Ive been too LOTS of the large auction houses and they seem to be the only ones that pull that stuff versus just starting it at someones true first bid and go from there. What ever...i wont be bidding on anything. Also just got done with 3 large auctions over last couple months so im auctioned out for a bit, especially an auction with high starting bids in place. Looking further it looks like some start bids are nuts and some are just AT MARKET VALUE to start. Link to comment Share on other sites More sharing options...
watab kid Posted March 22, 2022 Share Posted March 22, 2022 just recieved the flyer for the Rock Island Auction , may 13-14-15 , some real pretty stuff going on the block , something for everyone , Link to comment Share on other sites More sharing options...
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