AlexanderA
Member
I recently have been doing a lot of browsing on GunBroker, and many listings seem to me to have unrealistically high opening and/or reserve prices. These items rarely attract any bids at all. (Example: a BAR sling swivel opening at $125.) On the other hand, items that open low with no reserve get a lively bidding action, and often sell relatively high -- this is how auctions should work. Help me out here -- what is going on in the minds of the sellers with pie-in-the-sky expectations? Aren't they paying for a fruitless listing? As the track record of no bids on overpriced items shows, there aren't that many foolish buyers on GunBroker.