WOW! S&W 745 IPSC Model for 3K

[Lonestar57]

What was up with this? I guess the winners screen name; "bankbarn" had something to do with having more cash than sense. Anyway, got to be a record.

Smith & Wesson 745 IPSC 10th Anniversary .45 Auto - Semi Auto Pistols at GunBroker.com : 833690071

 

[stansdds]

Nice, but not $3000 worth of nice, especially since it has been used and has the idiot scratch on the receiver.

 

[TTSH]

Mind-boggling!!! Maybe I should reconsider the one for sale near me for relatively short money.

 

[Sevens]

Mind-boggling!!! Maybe I should reconsider the one for sale near me for relatively short money.

I see you added smilies, but goodness no.

Two guys throwing ridiculous money at one item does not make a market. This is a stunt until we see something that proves otherwise.

 

[JohnHL]

I've often wondered if "shill" bidding and even contrived, high dollar "sales" happen on the auction sights as a way to "influence" a market.

John

 

[TTSH]

I see you added smilies, but goodness no.

Two guys throwing ridiculous money at one item does not make a market. This is a stunt until we see something that proves otherwise.

I see what you mean. The last sane bidder bid $600 and then upped it to $650. The two crazies then started the bidding war. It does make you wonder... why?

I'm not even that attracted to the 745. I like my 645 better, but it does have those two 745 features on it (sights and oversized mag release).

 

[mauser9]

GunJoker! Am not surprised!!

 

[Sevens]

Problem with the shill bidding theory is that the bid winner has been active on Gunbroker for 6+ year and has an A+ rating and a feedback of nearly 800. And unless I'm reading it wrong, this bidder has no feedback as a seller. And plenty of the feedbacks from recently are from unquestionably legitimate, highly respected sellers.

The #2 bidder (absolutely half the reason that this auction went clinically stupid) has only a 5 rating, so anything is possible there, but it would make no sense whatsoever for a guy to rack up a 775 rating and then just decide after six years to start shill bidding.

 

[JohnHL]

Brother Sevens, you are probably right.

I mean to cast no aspersions on the principal parties.

However, I've known some perfectly delightful people who were capable of heinous actions.

Some folks can walk and chew gum at the same time.

John

 

[Sevens]

Certainly, it's just that when we truly have nothing else to go on, it serves us best to look at what makes sense. Of course anything is possible but to garner a single positive feedback, you have to be either a bid winner in an auction or the seller in an auction.

That means that this guy has purchased 775 different items over 6 years to get this feedback rating.

Or maybe he's letting the guy who owns Gunbroker boink his sister, so he gets special priveleges to bid three G's on a S&W 745 and not follow through and purchase it. Or possibly he is just now opening his quest to purchase EVERY 745 ever made, so he can then control the market. And we can reminisce about the old days when $650 got ya a 745 before this character made every example a $5,000 gun.

 

[JohnHL]

The scenario with the fewest assumptions is usually correct. (occam's razor)

It is conceivable that three conspirators (one "seller" and two "wildly enthusiastic bidders") complete an incredible "sale" and the only money to change hands is the commission paid to the auction house.

The "sale" gun (or one like it) is offered at a later time with a "history" of high sale prices and greedy (but gullible) speculators drool (and are subsequently fleeced).

I may be overly pessimistic here, but as Napoleon Hill famously wrote (in regards to more noble goals), "If the mind can conceive and believe, it can achieve."

John

 

[Sevens]

$111.25 would be the seller's fee on that auction, not including any special listing features he may have used.

Again, it's possible that aliens inhabited the brains of all three parties or perhaps a cult leader is the puppet master controlling all of the involved parties (and some forum posters too...?) but for $111, it wouldn't seem to be a prudent exercise in market manipulation.

Of course, there's also nothing prudent about spending three large on a 745.

 

[JohnHL]

We don't have many "alien puppet masters" in this part of the country, but I've met a few unscrupulous fellows who would "invest" $111.00 dollars to get back two or three thousand....

But I'm sure I could be wrong.

John

 

[Sevens]

I don't mind saying that I too have wondered about completely fake auctions where a gun doesn't change hands, simply with the goal of "establishing" a price at which "these guns trade." But an exercise like that would make far more sense with a model that's far more rare than a production gun like a 745, wouldn't it?

Of just the IPSC-marked DVC-prefix 745's, Mr. Jinks has said five thousand exist, and there may be just as many of the plain 745 also.

The pessimistic side that I have isn't considering foul play. My negative side says that we won't ever get a good answer for two different bidders to find THAT kind of value in a 745.

 

[Sevens]

We don't have many "alien puppet masters" in this part of the country, but I've met a few unscrupulous fellows who would "invest" $111.00 dollars to get back two or three thousand....

But I'm sure I could be wrong.

John

Okay John, but unless I'm missing something, you are suggesting that this single episode and $111 expenditure somehow makes it possible that tomorrow (or next week, next month or 3 months from now...), someone legit is going to be dropping what, $1,500 or more, legitimately, to buy a 745? Because of the result of this auction?

 

[JohnHL]

Again I repeat, I'm casting no aspersions on the principals of THIS auction, but it often requires very little bait to reel in a sucker.

John

 

[toddcfii]

And just think you could have had that same gun here: https://www.gunsamerica.com/991047398/Smith-Wesson-745-IPS.htm
for $925 just yesterday. Sounds like a scam to me or the two high bidders don't know how to use google.

 

[jughed440]

I've often wondered if "shill" bidding and even contrived, high dollar "sales" happen on the auction sights as a way to "influence" a market.

John

If a shady dealer and 'friend' do so on a regular basis, then it could be seen on the dealer's completed sales. I don't see any evidence of such when it comes to this dealer, but i looked at only a few.
GunBroker.com - Login

edit to add....not sure why the link says "Login", but it goes directly to the dealer's completed sales

 

[TTSH]

Yeah, inspection of the two party's auction wins tells me we have one very well-heeled "frequent flyer" bidder/winner/super-collector and one relatively new-to-GB bidder just getting his first tastes of auction victory within the last month or so. I see nothing to suggest this is anything but a classic bidding war gone way out of control with hints that the new guy may be playing games after a point and figuring that he can blow off an absurd auction result with little real downside (which is true). Meanwhile, the rich super-collector is not about to let himself (or herself) be beat. He didn't get to almost 800 wins on GB by being a good loser.

 

[4T5GUY]

Yep true, but why would a super versed well established "collector" pay that kind of money for a "challenged" example.

Another explanation,(?,) since we are searching for a reasonable explanation, is that it was bought for someone else specifically that didn't care about the price as compared to condition. Just wanted one.

Years ago, my go to guy had an OK 39-2 for an OK price. I told him I really wanted a much better condition one. Like as new. He said no problem he'd get one but "it was gonna cost me." He just grinned and asked if I wanted one that bad. I said no.

Jim