Building Confidence

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Quick Update: Ruger Precision Rifle in .308 win acquired via Gunbroker Auction!





It was touch and go, actually, as these are in very heavy demand. I actually lost the first auction I tried last night. And today, I discovered why.



When you're looking to price the item properly on Gunbroker, pay attention to the "buy now" prices being offered on the system... not just the "initial bid" auction prices. You will, more than likely, be paying the "buy now" price anyway, as that's the going rate for the item in the general market. The item I bid on yesterday kept getting jacked up to the point where it was almost $1400.00, so I let it go. Today, I saw this same model/unit for auction for $1026.00, with about 2hrs remaining in the auction. I bid on it with 20 min. left in the auction. But when putting in my bid I was advised it was "insufficient," and I needed to add more. I did (more than it said on the listing). And I was good for about 5 min. and then I was "outbid." I added a counter bid and was, again, told it as insufficient. I kept bidding until I got the "successful" bid sign again. But, but that time, it had gotten up to $1320.00... which is what I think the merchant wanted to sell it for in the first place.


So don't go by those initial bid prices. Find the same model with a "buy now" price to see what you'll really pay. Simply because I think the merchant has "ghost buyers" that are jacking up the bids to the merchant's desired selling price. And I have to check with Gunbroker because I think some of those bids were "silent" (i.e. not reported on the system) and only known to you when you try to "counter bid" and it comes up "insufficient."



I'll advise once the item is delivered. Next task is acquiring the right FFP scope for it.