Holts sealed bid auction.

[Geezer]

Anybody in the market for some cheap airguns got some very cheap deals at holts sealed bid auction, i have more than enough but i suspect dealers took most of them, not only airguns but shotguns went very cheap,if only i had a shop i could
have stocked up with a small outlay of cash. Take a look it was 31st of march.

yep, managed to snag a couple of bargains there myself. And near missed a couple of other items that still went for not that much. Giving the lie a tad to the recent thread on his auctions are no longer a good value place to find airguns.

[paulwhite]

what have you got

[Jerry Cornelius]

once you add the 25% premium and the VAT on that and shipping or collection I'm not sure I see many out and out bargains.

I snagged one thing I was after at a hammer price that would look pretty good, but once you add the premium and tax it comes to about the price I'd seen advertised elsewhere. (which is how I calculated the bid)

[steve medlock]

I bid on several but only got one rifle and one pistol this time. Neither are really bargains, especially if I drive up from Kent to collect. I must say I prefer conventional auctions over sealed bid. Whenever you win a lot on the latter, you immediately wonder if you bid too high!

[flogger]

I bid on several but only got one rifle and one pistol this time. Neither are really bargains, especially if I drive up from Kent to collect. I must say I prefer conventional auctions over sealed bid. Whenever you win a lot on the latter, you immediately wonder if you bid too high!

I agree with your logic, i bought a gun in last sealed bid auction i bid high because i did not want to loose it, but if i had bid
£90 lower i would still have won it.

[Lakey]

I agree with your logic, i bought a gun in last sealed bid auction i bid high because i did not want to loose it, but if i had bid
£90 lower i would still have won it.

But you didnt know that at the time.

The sealed bid auction is a very clever format for the auction houses, as it can be run with the minimum of outlay, and it "encourages" everyone to bid to their very top price. So, if only two people bid on a given item, one person bid £5.00, and the next person bid £40.00, the winner pays the full £40.00 plus fee's. Then has the additional cost of a collection from Norfolk.


Lakey

[flogger]

But you didnt know that at the time.

The sealed bid auction is a very clever format for the auction houses, as it can be run with the minimum of outlay, and it "encourages" everyone to bid to their very top price. So, if only two people bid on a given item, one person bid £5.00, and the next person bid £40.00, the winner pays the full £40.00 plus fee's. Then has the additional cost of a collection from Norfolk.


Lakey

Quite right.

[Geezer]

But you didnt know that at the time.

The sealed bid auction is a very clever format for the auction houses, as it can be run with the minimum of outlay, and it "encourages" everyone to bid to their very top price. So, if only two people bid on a given item, one person bid £5.00, and the next person bid £40.00, the winner pays the full £40.00 plus fee's. Then has the additional cost of a collection from Norfolk.


Lakey

Yes, and if you understand that you take it into account. And can still get the odd bargain.

[silva]

But you didnt know that at the time.

The sealed bid auction is a very clever format for the auction houses, as it can be run with the minimum of outlay, and it "encourages" everyone to bid to their very top price. So, if only two people bid on a given item, one person bid £5.00, and the next person bid £40.00, the winner pays the full £40.00 plus fee's. Then has the additional cost of a collection from Norfolk.


Lakey

For sure - there was a beautiful collection of pre-war german Mauser and Walther .22 rimfires in the sealed bids auction - probably all from the same source. The prices varied from under a £100 to over £500 on seemingly identical condition rifles :-)