Third Model Perfected Single Shot Pistols: Recent Auction Results/Trends

[altbrewer]

Internet premium (Proxibid) is 24%. Subtract 3.5% if paying by check. Subtract another 3% if you phone bid. That's 17.5% if you phone bid or leave a bid on their website and pay with a check.

Sales tax is only collected for Illinois residents (unless recently changed?).

Shipping used to be very reasonable--$40-$50 per gun. Shipping rates have skyrocketed of late and I'm sure RIA is having to pass that along.

The only thing I have against RIA is their starting bids. Once you place the starting bid and add the fees, you are at the low estimate. There is no way to get a deal anymore unless the estimate is low--which happens occasionally but is rare.

RIA is now charging sales tax for other states, at least for Texas. I agree with the OP, though; prices are getting insane. I rarely walk away from a Premium Auction with nothing, mostly because I value quality over price, but this time, anything I was interested in almost immediately zoomed beyond what I thought was reasonable. This time I made a few bids, but they were laughable considering what the hammer price ended up at.

Shipping is high, but I have always decided it was reasonable considering how well everything was packed.

As I recall, starting bid used to be 50% of the low estimate. Now it seems to be 50% of the high. I saw a few lots where they had to lower the initial bid to get it started.

I haven't used Proxibid, but if you use RIA Live instead, the premium is 1% over the RIA baseline 17.5% buyer premium. Add sales tax and shipping, I usually figure 30-33% over the bid price as the actual cost, at least for me in Texas.

Mike

 

[westernswede]

mrcvs Poulin has a sale going on now and again tomorrow. nothing to kill for today but the S&W prices are very reasonable. A few victory models tomorrow, slim pickens for smiths.

 

[mrcvs]

mrcvs Poulin has a sale going on now and again tomorrow. nothing to kill for today but the S&W prices are very reasonable. A few victory models tomorrow, slim pickens for smiths.

I've learned that Rock Island Auction might be a good place to SELL firearms, if I wanted to sell anything. Or maybe not, due to high seller's commissions. Best to buy elsewhere! Buying at RIA is limited to lucking out and finding something that attracts no other bidder's attention and getting a reasonable price on it, but this would be an extremely rare occurrence.

 

[ol777gunnerz]

I've learned that Rock Island Auction might be a good place to SELL firearms, if I wanted to sell anything. Or maybe not, due to high seller's commissions. Best to buy elsewhere! Buying at RIA is limited to lucking out and finding something that attracts no other bidder's attention and getting a reasonable price on it, but this would be an extremely rare occurrence.

GunsInternational is an excellent choice, extremely low flat fee per item, & as they do not involve themselves in the transaction, no sales tax on individuals, at least here in Kansas.