Redding Auction

[fox-admin]

I think the Fox guns brought strong prices at the Redding Auction yesterday considering condition and the fact that many were restored or upgraded. Nice to see.
https://www.proxibid.com/Redding-Auctio ... ort=0#cnTb

[Stan Hillis]

That 30" barreled 20 ga. BE was sweet, except for the short 13" LOP, which would be a deal killer for me.

[vaturkey]

Very strong prices indeed.

[fox-admin]

I agree, what’s puzzling to me is guns with similar condition sit in dealer’s inventory for months or years. Put the same guns in a well advertised auction with great pictures, no buyers premium and they sell like hot cakes.

[ROMAC]

Were these the actual prices realized with no buyers premium?

What about sales tax?

[Rbishop]

I agree, what’s puzzling to me is guns with similar condition sit in dealer’s inventory for months or years. Put the same guns in a well advertised auction with great pictures, no buyers premium and they sell like hot cakes.

I think it has to do with the psychology of being able to start low and work up. Most dealers start very high and people don't like working backwards. For example, that B grade 20 in the hands of a dealer would probably be listed considerably higher than the price realized on that gun. At least that is how I reason things.

[fox-admin]

I agree, what’s puzzling to me is guns with similar condition sit in dealer’s inventory for months or years. Put the same guns in a well advertised auction with great pictures, no buyers premium and they sell like hot cakes.

I think it has to do with the psychology of being able to start low and work up. Most dealers start very high and people don't like working backwards. For example, that B grade 20 in the hands of a dealer would probably be listed considerably higher than the price realized on that gun. At least that is how I reason things.

I don't trust myself in a live auction with respect going beyond my comfort level price, so I almost always leave an absentee bid.

[67galaxie]

I agree, what’s puzzling to me is guns with similar condition sit in dealer’s inventory for months or years. Put the same guns in a well advertised auction with great pictures, no buyers premium and they sell like hot cakes.

I think it has to do with the psychology of being able to start low and work up. Most dealers start very high and people don't like working backwards. For example, that B grade 20 in the hands of a dealer would probably be listed considerably higher than the price realized on that gun. At least that is how I reason things.

I don't trust myself in a live auction with respect going beyond my comfort level price, so I almost always leave an absentee bid.

That's another reason why I quit drinking whiskey

[eightbore]

Romac, that is the price unless you buy through an auction service like Proxibid. Sales tax is charged unless you have a sales tax exemption or have the gun shipped out of state. That last thing differs from state to state.

[jolly bill]

Craig,

Thanks for posting the link to prices realized at the Redding auction.

I was curious what many of them sold for.

Very helpful

[Foxnut]

Thanks for sharing. Some interesting prices for sure. The HE’s that had been refinished seemed to sell for reasonable prices for working guns. That being said I have no idea what the bore condition was and they had 30” barrels which seems to detract vs. 32” barrels. Would have made great Turkey guns!!

[eightbore]

I'm sure some of our older members recognized many of these guns as having come from "Pennsylvania". In the past, we have described some double guns as having "Come from Pennsylvania". This has meant that they were refinished, faked, or spuriously upgraded to be sold in the shop of Tom Gibbons, Lancaster, Pennsylvania. Now that these guns have satisfied new owners, I guess we can add to the mystique by identifying their source. No, I don't know which ones were Gibbons guns, but some of you may recognize them from his advertisements as "Never a screw turned". Redding's Auction has been very diligent in attempting to identify any guns that were refinished or upgraded.

[fox-admin]

Pat Redding asked Bill Jolliff and I to assist with determining the originality of the Foxes. Pat paid our travel expenses to PA and we spent the better part of a day making recommendations with his descriptions. As Eightbore alluded to most of the Fox guns came from Tom Gibbons in our opinion. Pat is very concerned about presenting all of his guns correctly and Redding's reputation in the auction marketplace. Both Bill and I were very impressed with Pat's business ethics.

[Jeff S]

Thanks for sharing, and thanks to both Bill and you for inspecting the guns.

[eightbore]

Craig, thanks for your comments about Patrick and his business. I was good friends with the owner of a good percentage of these guns. Our homes were separated by about a half mile of corn and we were long time members of the same gun club. I think he bought them in good faith for serious money. I can't give any further comment. I am just glad that Patrick Redding is on the selling end this time. Oddly, Tom Gibbons and I were friends also, but I understood his business model, as did many old timers. He gave us many hours of entertainment both in his ads and in person.