HE 20ga & #35 no sale at Julia's
Posted: Fri Mar 21, 2008 10:51 am
It appears as if the HE 20ga and old #35 the C special did not make the reserves in the Julia auction. I think the highest bid on the HE was $14.5 and #35 was $50K.
Just wanted to say that auction companies often let the 'owners' 'buy back', or bid on their own items to meet reserve or to protect their investment.
I have worked some classic car auctions... and every car "sold". Not true, but it gets people excited.
Have some friends that 'bought' many of their own guns back at another gun auction.
Auctions can pay off.... but far and few between... mostly for the seller, rarely for the buyer, but I can attest that it happens.