Was at an Auction Yesterday-Old Geyer Firearms Business in Ft Wayne

[ggglobert9]

Just a few interesting observations...Sold quite a few firearms that were mostly in line with Gunbroker and retail pricing. The real kicker was the Ammunition prices they were getting or I should say people were paying. They had a lot of Winchester White box in 9mm that went as high as 20 plus dollars for a 50 round box...Same in 45acp and some of it sold for close to $50 per box that you can get the same at Walmart for a lot less. Also .44 mag in same WWB went for $45 per box...All WWB was 50 rounds per box and was selling for what you would generally get the 100 round boxes for. Same with .38 spec for 50 round boxes going for $27 per box...Wow! If you weren't there you really didn't miss any steals! Just a good day for some educational info on how humans can be influenced by other humans applying pressure! Kind of like a shark feeding frenzy!

 

[Gunaria]

No biggie, I was at an auction today and seen people pay $11 per box of Wolf AK ammo.

 

[drgnrobo]

Used to frequent the old Geyer gun shop,mostly for reloading stuff. Everything else was a little salty in price but you would think ammo would go pretty cheap at a auction but no one likes to lose

 

[JonProphet]

Where was the auction? I've went to a few auctions recently. Prices for guns have been high. I went to the tail end of an auction in Spencerville.