Online Auction's....the fancy guys.

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fpgt72

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I am not talking about gunbroker....I am talking James Julia or Rock Island.

Has anyone ever had dealings with them. Really thinking about using their services to expand my collection....but I have never used them before.

I have my '03 FFL and have bought stuff online before so I would bet getting setup would not be much of an issue. And I do think that these guys represent their products in as truthful manner as possible.

Has anyone gotten something from them that was just not correct....how was it taken care of.

Any speed bumps in getting things shipped to you, or to a "real" FFL for items that fall outside of the C&R stuff.

Thanks.
 
In answer to your first question, yes, I have bought items from several of the "fancy guys" auction houses, but sold only through R.I. I would not purchase anything from any of them again without either seeing the item in person or seeing a whole lot more pictures than they normally post. In answer to your second question, "Has anyone gotten something from them that was just not correct..." yes and yes many times over. The items that I've received that were not correct were the result of poorly written descriptions and/or absent or simply wrong photographs. You will notice that many of the large aution houses are including shorter and shorter descriptions for just this reason. Finally, with regard to your third question, "how was it taken care of," .... it wasn't. If you are considering any specific auction house -- especially R.I. -- please do a computer search of the company's name and the words "law suit." Once again, especially R.I. The only auction company that corrected a problem with an item was Lock Stock & Barrel --http://www.lsbauctions.com-- which generally lists on gunauctions.com. In the other cases where there have been problems--especially with R.I.--the response was either silence or more lies. The rule is buyer beware; don't bid any higher than the amount of money you're willing to kiss goodbye! Another consideration is to find out if the auction company "maxes your bid." In other words, if you set a bid limit of $2000 for an item, and then during the auction the item only goes up to $1500, some auction houses will then bid your limit while other auction companies will only rise the bid to the next level. That brings up another point. Different companies have different rules. Some have "levels" or "tiers" for bidding. For example, items from $1000 to $2000 must go up in $100 increments. Other companies have bid increments of different amounts and some have none. One has a "bump" or "plus" system that is even more complicated. For example, if you approve of one "plus" and the item is in a bracket where that "plus" is $500 or $1000, it can come as a shock when the bill arrives. Just make sure that you understand the rules. Now, one final consideration regarding bidding on something from an auction house--especially R.I.--and that is to consider the shipping and handling. It is not unusual to be the winner of an auction item, let's say for $2,000.00, and then discover that in addition to the 15% to 20% premium that most of the auction companies charge, there will be the "shipping, packaging, handling, insurance, postage" and any other charge they can create that will be added on and be as high as 20% of the original price So, that $2000.00 item with a 20% buyers premium and another 20% shipping, handling, postage will total up to as much as $2800.00. Still sound like a good deal? If you think that's too much, and try to save a little on the "shipping and handling, by going to pick it up in person, there might still be a "storage and handling fee" and sales tax will definately be added. Oh, one last thing. If you decide to attend an auction in person in the hope of avoiding any confusion or misinformation about the item you're considering, you may find yourself bidding against folks who have "special arrangements" with the auction house. It is not unusual for the "fancy guys" to give the larger buyers a lower premium. There are several other perks that the "fancy guys" give to the "big guys." As a result, you might consider attending one in person first, before bidding on line. Take a notebook or use a catalogue to keep track of who is buying what. It might be revealing. Hope this helps a little. Let us know how it goes for you.
 
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both RI and JJ are notorious for miss representing items if your arnt bidding on a premium 50000 dollar gun . bid carefully

words like rust free and 80% blue could mean heavily pitted along wood line and 80% cold blueing
 
I assisted a friend to dispose of a Civil War gun collection he had no interest in. Literally was sitting in his attic for 35 years. He contacted RI and they asked him to list the items as best as he could and send to them. They then asked for photographs of maybe 10% of them that they requested. They then flew an appraiser down who did a detailed inspection. They sent a truck down to pick up the collection. He got good prices in the auction and ended up with a check for $375k.
 
J Julia is local to me (1 hour drive) and I get their flyers/emails frequently. If something interests me enough I will go and preview it before the auction. I agree that the descriptions are artistic departure on occasion! That said I have found some screaming deals on other not so collectable firearms that nobody else is bothering to bid on. As Always buyer beware. YMMV
 
Drk1, Thanks for your input. I've never purchased from any of the "fancy guys" auction houses. Your comments are sobering to say the least.
 
Drk1, Thanks for your input. I've never purchased from any of the "fancy guys" auction houses. Your comments are sobering to say the least.

No kidding....it sounds like you are just as good to buy from gunbroker....and have about as many options if things go wrong.

I might try an item that is within the amount I want to "kiss goodbye" and see how it goes.

Sure does sound like Drk1 has been burned pretty badly.
 
There's a reason Julias, Rock Island, etc....Can send out glossy sales fliers, rent MULTIPLE rooms and dozens of tables at big shows and so forth. Because they are making a LOT of MONEY.

I've seen a few local collections sell and the Widow got maybe sixty cents on the dollar, of what the collection was worth. There ALWAYS seems to be "Issues, problems, a need for an Expert opinion, need for an Attorney, etc" . And items tend to go missing, are unavailable at time of auction, etc. It's a rigged game folks.
 
I really don't have an issue with the widow getting 60 cents on the dollar....they are using a service, and you pay for the service....provided they are actually doing the selling on the up and up.

I am going to do more research before I go down this road.
 
There's a reason Julias, Rock Island, etc....Can send out glossy sales fliers, rent MULTIPLE rooms and dozens of tables at big shows and so forth. Because they are making a LOT of MONEY.

I've seen a few local collections sell and the Widow got maybe sixty cents on the dollar, of what the collection was worth. There ALWAYS seems to be "Issues, problems, a need for an Expert opinion, need for an Attorney, etc" . And items tend to go missing, are unavailable at time of auction, etc. It's a rigged game folks.
If the widow agreed to 60% in exchange for the auctioneer doing the work and bringing in the bidders then she got a fair deal. In many cases the widow has neither the knowledge, time or energy to dispose of a whole bunch of guns. 60% is better than the endless parade of friends and relatives hoping she gives them away.

Items going missing are another thing entirely.
 
If anyone on this Forum knows about these auction houses, it's Ian. He spends literally dozens of hours at these places making his YouTube videos for his channel, Forgotten Weapons.

Great channel, I recommend subscribing to them. 90% of the time, the firearm that is featured is also for sale at one of these auction houses.
 
If anyone on this Forum knows about these auction houses, it's Ian. He spends literally dozens of hours at these places making his YouTube videos for his channel, Forgotten Weapons.

Great channel, I recommend subscribing to them. 90% of the time, the firearm that is featured is also for sale at one of these auction houses.

Is he on this forum?

I enjoy his show, and is one of the 3 "shows" on Youtube I support. The Great War, Forgotten Weapons, and C&Rsnal. However Ian, please don't do any more gold inlay stuff....It was cool, but that video could have been shorter for me.

You need to do a Savage 99 video now that you finished Winchester lever rifles....I think it would be a good fit and the 99 could fall into "forgotten" I would like to see you continue on with winchester also....I would love to see the early automatic rifles....lets see a 1903. I loved your Remington Model 8 video....I am joansing for one pretty badly, and one reason I was looking at an auction house I can't seem to find this stuff local for what is a sane price...the Model 8, 1903, 99's seem to go for OK money on the auction, and I wanted to give it a try.
 
FWIW, a few years ago, I helped the family of an acquaintance liquidate his firearms, gear and ammo after his passing. The FFL the family decided to go with, in a town a hundred or so miles away, was up front advising they would pay 50% of retail for everything. They came to town, went over the accumulation,came to a $$$ figure close to mine, wrote the family a sizeable check on the spot, loaded everything up ,transported it all back to their store for sale, etc. The family was quite happy with the result, and knowing everything was disposed of legally to an FFL in one lot,etc.
Bottom line, the family considered the cost of legally disposing of everything in one afternoon well worth the 50% expense.
 
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