PeaShooter
Master
Went to a Bailey's auction in Noblesville this morning. There were probably 8 firearms and quite a bit of ammo from an estate. Most of the firearms looked brand new, some were in the original box, with the labels still attached, and the original receipt inside. Most went for much more than they were worth, especially when you added sales tax and 10% buyers premium, and 3% credit card fee. There was a Saiga AK new in box, unfired that went for $425, and a Henry lever action scoped 22 that went for about the same. By the time you added all the junk fees, you were over $500. I talked to the dealer who was doing the transfers and he said that the price tag on the Saiga box was for $349.
The real idiots were the ammo buyers. People paid $50 for a box of Federal 550 .22, some of the boxes of 100 .22 went for $26 each!!!!! 9mm going for $26/box, .357 went for more than that. I have recently seen these items (except the Federal .22) in Walmart at near pre-Sandy Hook prices. I also know that you could buy online for a similar price. I am not sure what these guys were thinking. I don't know if they were buying to hoard, or if they were going to try to flip it. If they were going to flip it, they were buying at retail, so I don't think that they could mark it up enough to be worthwhile?!? Oh well, I, and several other auction goers, had a good laugh at their expense.
One thing that did tick me off, though was the idiot who was inspecting a rifle and to check out the scope, he shouldered it and muzzle swept the entire crowd. I don't appreciate being muzzle swept.
The real idiots were the ammo buyers. People paid $50 for a box of Federal 550 .22, some of the boxes of 100 .22 went for $26 each!!!!! 9mm going for $26/box, .357 went for more than that. I have recently seen these items (except the Federal .22) in Walmart at near pre-Sandy Hook prices. I also know that you could buy online for a similar price. I am not sure what these guys were thinking. I don't know if they were buying to hoard, or if they were going to try to flip it. If they were going to flip it, they were buying at retail, so I don't think that they could mark it up enough to be worthwhile?!? Oh well, I, and several other auction goers, had a good laugh at their expense.
One thing that did tick me off, though was the idiot who was inspecting a rifle and to check out the scope, he shouldered it and muzzle swept the entire crowd. I don't appreciate being muzzle swept.