Bidding On Gunbroker: A Cautionary Tale!

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Legacy Collectibles

Legacy Collectibles

Күн бұрын

Be careful when you're bidding on Gunbroker! In this video, Tom shows us a few tips and tricks on how to spot a suspicious transaction on Gunbroker.
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Пікірлер: 405
@jamesboring6445
@jamesboring6445 Жыл бұрын
Tom and Legacy Collectibles is one of very few company's who practice honesty and integrity in this field. So many people/company's who deal in this stuff will lie and exaggerate and take advantage of the less experienced collector for profit. Much respect and thanks to Legacy Collectibles for making videos like this!
@NgJackal1990
@NgJackal1990 Жыл бұрын
yeah but legacy collectibles' guns are so expensive!
@houserental5424
@houserental5424 Жыл бұрын
Most not few. Stop being ridiculous
@wareagle3651
@wareagle3651 Жыл бұрын
@@mattchoppers1you should proofread your comment before posting. I can’t even understand who the “kid” is. Your friend? Or the OCD guy?
@BenDover69-69-6
@BenDover69-69-6 Жыл бұрын
So true
@marcburns508
@marcburns508 Жыл бұрын
I've seen a lot of unscrupulous dealers get scammed them selves and pass things off to another sucker when they know it isn't real. One of these d-bags even appears on TV as an "expert". His only qualification is being an over self promoting tribe member... Who happens to deal in ww2 German items... Among other items.
@catsamazing338
@catsamazing338 Жыл бұрын
If I was bidding $20K plus, I would certainly want to see the gun in question first. No way, sight unseen ! Great commentary as always. Enjoyed it and thanks.
@MichaelMakowski2006
@MichaelMakowski2006 Жыл бұрын
Same thing happens on vintage guitar auctions - folks really need to be wary and do their homework - thanks for another great video Tom
@evanisaiah1000
@evanisaiah1000 Жыл бұрын
As a young guy having been into guns for 3 years now, this information is incredibly valuable to me. Thank you, appreciate it
@dibbuk5730
@dibbuk5730 Жыл бұрын
You make several excellent points. Especially "Everyone has to start somewhere." I have a low winning bid history, but that is because I do not often find items I am willing to bid on, and when I do, I only bid up to what the item would be worth to me.
@owllymannstein7113
@owllymannstein7113 Жыл бұрын
Consider yourself lucky. I dread the unexpected "Congratulations you won" gunbroker emails.
@FuzedBox
@FuzedBox Жыл бұрын
@@owllymannstein7113 Haha! Man I can relate. There has been... more than one occasion where I wound up with two of the same gun. Sometimes you just get those impossible wins, and usually when you don't want it that much.
@psychopenguin2944
@psychopenguin2944 Жыл бұрын
Same here
@LaxinPhilly
@LaxinPhilly Жыл бұрын
I think this is how auctions should work. I bid the same way. I've yet to win, but I'm also refusing to overpay the price in my head.
@DuriensBane
@DuriensBane Жыл бұрын
@@LaxinPhilly how i do stuff on ebay. Only time i bid high is on something i really really want, and that means its worth alot to me. Tho i only bid mostly on axes. But there have been times when i feel like someone is bidding it up just to bid it up.
@imthatguy1878
@imthatguy1878 Жыл бұрын
I hear shops try to say the nickle ones were officer issued and I laugh and walk away
@SGTDuckButter
@SGTDuckButter Жыл бұрын
Are you that guy that makes stuff up and then thinks he’s that smart guy?
@imthatguy1878
@imthatguy1878 Жыл бұрын
@@SGTDuckButter yeah 100%, isn't that how it works?
@tomsherwood4650
@tomsherwood4650 Жыл бұрын
That is an old lie going around forever. Vets brought back guns with worn finishes and had them "customized" with plating.
@imthatguy1878
@imthatguy1878 Жыл бұрын
@@tomsherwood4650 absolutely agree, I've heard the lies of the nickle plated ones were issued to officers only with lugers, p38s, 1911s in a few shops including 2 right here in my own city
@natural-born_pilot
@natural-born_pilot Жыл бұрын
So very true and I’ve heard several other stupid and untrue comments of the like heavily used as well.
@scottshea6927
@scottshea6927 Жыл бұрын
Great Video Tom! The world need more calling out BS when you see it.
@mattsmith3118
@mattsmith3118 Жыл бұрын
Thanks Tom. I really admire how you try and help other collectors like this and don’t care about the trolls making silly comments. People can see your business is built on honesty and respect for WW2 history rather than greed and profit (edited for chiller because he is slow!) let’s hope Legacy Collectables makes a bit of profit otherwise the business would eventually fail, basic economics. Can’t wait to see another Canadian Luger rescue video , oh and your Third Reich Luger book just arrived, thanks for signing it for me it’s a great book!
@Chiller01
@Chiller01 Жыл бұрын
Hopefully Legacy Collectibles is based a bit on profit. Otherwise, unless Tom is independently wealthy and enjoys losing money, the business will eventually fail.
@mattsmith3118
@mattsmith3118 Жыл бұрын
@@Chiller01 well I thought that was obvious but I’ll adjust my comment especially for you just in case you are slow. Don’t get too upset we can all see you are trying
@Chiller01
@Chiller01 Жыл бұрын
@@mattsmith3118 You must be fun at parties there Matt. I’ll be more respectful of your obviously sensitive nature next time.
@DelGTAGrndrs
@DelGTAGrndrs Жыл бұрын
@@Chiller01 right lol he’s mad over a simple comment.
@DelGTAGrndrs
@DelGTAGrndrs Жыл бұрын
@@mattsmith3118 cry
@rainbow2710
@rainbow2710 Жыл бұрын
You, Sir, are a true gentleman and this is proven by your sharing of your useful information. I do the same when watching a bid and check who is bidding. Thank you.
@AdamosDad
@AdamosDad Жыл бұрын
I saw a nickel plated P38 at a gun store 2 years ago, that was a real joke, the plaiting was bubbled up and it was poorly engraved, almost a scratch job. It was claimed to be a presentation gun for a famous general. I'm not an expert, but I saw giant red flags all over it.
@sgtstr3am785
@sgtstr3am785 Жыл бұрын
This man's business ethics are larger than his wallet and I commend his honorable work
@leonardjanda6181
@leonardjanda6181 Жыл бұрын
Mr. Whitman got me hooked on this channel from a gun show three years ago love it you are an expert in my opinion.❤
@pickeljarsforhillary102
@pickeljarsforhillary102 Жыл бұрын
The guy should have also added that the pistol was captured from Hermann Goering's 3rd cousin (twice removed) 4th roommate at finishing school by his grandfather at the Battle of the Bulge.
@robertsr.249
@robertsr.249 Жыл бұрын
That would be worth a lot of money
@randominternetprofile8270
@randominternetprofile8270 Жыл бұрын
Yeah but which 3rd cousin? We all know how Hans can be a little sketchy at times.
@larryspiller6633
@larryspiller6633 Жыл бұрын
That's exactly how I got mine. Got the bayonet and grenade launcher that came brand new with the pistol too. Now, for a few bucks more I could have bought the original case it all came in. Just that I wasn't sure if the case was authentic. I'm cautious that when it comes to originals, so many shysters out there.
@robertsr.249
@robertsr.249 Жыл бұрын
@@larryspiller6633 If it was gold plated ,it had to be original
@larryspiller6633
@larryspiller6633 Жыл бұрын
@@robertsr.249 Another dead give away is if the firing pin is diamond encrusted, that's a well kept secret.
@whatever55fsx
@whatever55fsx Жыл бұрын
Thank you,I have seen the bidding myself on auctions,checking the bid history is one of the things I check first, thanks for confirming what I also was thinking .
@thEannoyingE
@thEannoyingE Жыл бұрын
It’s fascinating how deep you go into analyzing this one particular firearm. Thanks for the tips.
@Rustebadge
@Rustebadge Жыл бұрын
Nice video. Correct info is the best medicine for all of us. I own a WW2 P-38 that was dug up from a public flower bed. It is in poor condition, presumably from being buried for a long time, but is still very cool to me.
@ETHRON1
@ETHRON1 Жыл бұрын
Sometimes the voice of experience combined with integrity and honor out weighs facts of the matter...such as it is here. Thank you for the lesson.
@Hogheadsforbreakfast
@Hogheadsforbreakfast Жыл бұрын
I got on Gun Broker about 4 years ago, for 2 years I would bid on old H&R .32 revolvers, EVERY TIME my bids were winning as the auction was counting down the price would magically start climbing in $50-$100 leaps. This was the same experience I had on eGunner as well.
@notmenotme614
@notmenotme614 Жыл бұрын
On eBay they used to be a tactic to win auctions by waiting to the very end before placing your bid. In the hope that the other bidders wouldn’t notice or would be too late to counter it. There was even 3rd party software that you could set up in advance to automatically place the bid for you in the last 5 seconds.
@hambone950
@hambone950 Жыл бұрын
@@notmenotme614 thats the way to bid on ebay tho, sniping.
@painmt651
@painmt651 Жыл бұрын
I have a friend who is a .32 collector. He has several. Even one 327 magnum.
@notmenotme614
@notmenotme614 Жыл бұрын
@@painmt651 why does he have so many? Is he an octopus ?
@riclate2013
@riclate2013 2 ай бұрын
​@@notmenotme614the problem with that is gun broker has a counter bid timeframe. Its like 10 minutes or something, so if someone bids on an item in the last 5 seconds it will increase the auction time by 10 minutes allowing people to bid again. I tried that Ebay tactic on my first auction bidding for a 32 cal revolver.
@mikerueb6179
@mikerueb6179 Жыл бұрын
Tom, your stuff is extremely good. It sure shows from your numbers gained in the past year..I do not collect anything, but I enjoy being educated by you...
@itsbdubnukka
@itsbdubnukka Жыл бұрын
This is endemic to all hobbies, Tom. Thanks for the lesson!
@danielnewman134
@danielnewman134 Жыл бұрын
Thank you for making this video. I did learn what to look for when bidding on fireams and accessories.
@jerryakbar6147
@jerryakbar6147 Жыл бұрын
I bought my first Luger from legacy a few years ago, I wanted to put a few clips through it for fun, it didn’t feed the second round. Called the fellas , they asked me to send it back for repair , got it back in a week or two, works perfectly. Thanks legacy.
@spangy8405
@spangy8405 Жыл бұрын
Thank you, Thank you, Thank you very very much Tom. This needed to be said and needs to be ingrained in every gun owner, seller, collector and 1st time buyer EVERYWHERE.
@rfnatureboy
@rfnatureboy Жыл бұрын
Thank you for the Gun Broker info. I have bought two WW2 .22 rifles and one Model 12 and they are all excellent and I feel very lucky. I would have never thought to look at what you just showed about NR bidders. I visit your site too. Thanks again!
@buyerenogurlfwendo2106
@buyerenogurlfwendo2106 Жыл бұрын
Why would anyone use a .22 in WW2?
@rfnatureboy
@rfnatureboy Жыл бұрын
@@buyerenogurlfwendo2106 They were used for training our troops, 30.06 was too expensive shell.
@TheCskin26
@TheCskin26 Жыл бұрын
I check legacy everyday because I trust how they post and are always answering me if I have questions and post quality stuff
@danc.3899
@danc.3899 Жыл бұрын
Excellent video that I will re-post. This is exactly what I do when looking at a firearm on GunBroker, but could never really verbally explain it that well.
@JD-tn5lz
@JD-tn5lz Жыл бұрын
I go to live auctions occasionally and participate in live online auctions frequently. Yes, I only deal with auction houses I know and trust. I do "get" that one dollar is worth less to some people than it is to others, but I'm always impressed by folks who get carried away emotionally with the auctions. They often pay far more than worth just to "win." My favorites are the ones who pay more for a used auction firearm that's still in production than what they would pay if they just went down to their local gunshop. Quite often it's just ignorance. Sadly enough, there are alot more people who enjoy firearms than actually know anything about firearms. I consider myself winning an auction is if I find a gem that no one else understands or appreciates and then buying it at half it's real value or near that. You have to decide prior to an auction what is your deadline no-matter-what price.
@painmt651
@painmt651 Жыл бұрын
Auctions are a interesting way to try getting a good deal. Sometimes you get lucky!
@Milsurpguy2000
@Milsurpguy2000 Жыл бұрын
So glad I finished my collection years ago, I honestly feel sorry for the guys today trying to get what they want only to run into flippers and fudds like this.
@SpliefDaGrief
@SpliefDaGrief Жыл бұрын
I remember seeing this on Jans LugerForum. Glad to see it was most likely just shills pumping this up. My jaw dropped to the floor when I saw the final price.
@robertbenson9797
@robertbenson9797 Жыл бұрын
Excellent advice and great information. Thank you for the insight.
@SpecialEDy
@SpecialEDy Жыл бұрын
I have a 1943 Mauser produced P38 Chrome/Nickel plated. Glad I only spent $600 or $700 for it on RIAC.
@jerryw6699
@jerryw6699 Жыл бұрын
Excellent vid, years ago I got burned by a Gun broker seller. He advertised his guns as, "As Is, no returns." I got a non-functioning rem 700, 221 fireball. It was a nice looking gun, but had multiple problems. He refused a return and was soon out of business. From then on, I have called and spoken to almost every seller that I have boughten from. It has been a good practice, and I often gain knowledge from the seller about their firearm and also other interesting bits of information and history.
@notmyname3883
@notmyname3883 Жыл бұрын
"boughten" is NOT A WORD. Stop saying it. Don't use "boughtened" either. Use "bought" instead. That's correct. You're welcome.
@jerryw6699
@jerryw6699 Жыл бұрын
@@notmyname3883 Thanks, to the grammar police. My mom would have corrected me also.
@thysonsacclaim
@thysonsacclaim Жыл бұрын
@@notmyname3883 Oi. We ought wanta be able tah spake and spell as we like it.
@johnmadow5331
@johnmadow5331 Жыл бұрын
I remember back in January 1978, brought Walther P-38 CYQ code that nickel plate with meteral surface bobble frame from small gun shop in Upper Darby, PA at the price of $130.00. I sold that gun for $180.00 in 1979 and the gun has to be send to FFL in NJ for $15.00.
@mabbrey
@mabbrey Жыл бұрын
tom looks out for everyone, well done
@stuartbracken5089
@stuartbracken5089 Жыл бұрын
This video, and the integrity and credibility of this gentleman, makes me want to do business with his company.
@GIJose
@GIJose Жыл бұрын
Sure it will be listed for sale again next week.
@eloiseharbeson2483
@eloiseharbeson2483 Жыл бұрын
A friend of mine had his father's P-38 that was nickel-plated. Must have been pretty rough. Almost all the markings have been polished away. Broke my heart to see it. Would rather have seen the rust and pitting.
@dancortes3062
@dancortes3062 Жыл бұрын
Great PSA. Your right, as a general rule of thumb it's wise to avoid firearms on auction sites that say "sold as is no refund or exchange". The sellers often do this because they lied about the gun they are trying to sell and know there is a good chance someone will want their money back. A 3 to 5 day return policy shows a lot more transparency between buyer and seller and you are more likely to get the firearm in the condition it's described as. I just bought a SVT-40 that had a 3 day return policy that was listed as excellent condition. After looking the rifle over, I found out that the seller was right on the money, it looked like it hadn't been fired since its been refurbished.
@j.angelis6934
@j.angelis6934 Жыл бұрын
Totally agree with everything you said, including that "number one" stamp..
@lazybeaver
@lazybeaver Жыл бұрын
Thanks, I didn't know about the bid history and ratings. I've tried to buy from gunbroker, but when the bids start getting ridiculous, I let it go.
@Garth2011
@Garth2011 Жыл бұрын
Yes, it makes no sound sense that one bidder would bid against himself 4 or 5 times in a row without any other bids in between. Fairly obvious the entire sale was hot air.
@jerryw6699
@jerryw6699 Жыл бұрын
That is just proxy bidding, the other bidder was bumping the bid to see how far his proxy bid was up.
@sergeantbigmac
@sergeantbigmac Жыл бұрын
@@jerryw6699 I was hoping someone would say this. Its not automatically a red flag depending on how the system is set up. Many online auctions allow a seller to put multiple bids in against another bidder. What youre seeing is one bidder incrementally increasing their bid against another bidder who presumably put in a much higher bid. They keep putting a bid in until they beat the other persons, which might take several tries. This is very very common on Ebay for example. Its totally legit in that circumstance. Im not saying these arent shill accounts I mean 99% sure they totally are, but this itself isn't the red flag you think it is...
@HgRoller
@HgRoller Жыл бұрын
Those are automatic bids you 1diot.
@derekp2674
@derekp2674 Жыл бұрын
Thanks Tom, that was really interesting. Back here in the UK, when we were allowed ready access to classic handguns, I was lucky enough to own and shoot an ex-WW2 P38 for a time. Once I had mastered hand loading for it, it shot quite reliably. Its accuracy was never particularly impressive but I could see why it made a great service pistol, especially by WW2 standards.
@tomsherwood4650
@tomsherwood4650 Жыл бұрын
IF it was factory engraved and then plated, that might be a very rare or authentic item. You are right about the bringbacks getting plated. I had a PP that was originally a late war "gray ghost" that had been repolished and blued by the person that brought it back. Obviously felt the phosphate finish was butt ugly. Of course that ruined value. But they left the matching mag gray.
@americanpatriot2422
@americanpatriot2422 Жыл бұрын
Outstanding video and presentation
@dustyfarmer
@dustyfarmer Жыл бұрын
Several decades ago when I used to advertise for & collect WWII Japanese swords every now & then I would be offered a sword that had after war modifications, some so bad like bench grinder sharpening on the blade or a poorly stored, rusty sword cleaned with sandpaper with a re-wrapped handle in whatever was available with a freshly painted scabbard. I would look it over and ask how much they were seeking for it. Then the capture story of the sword was worth every bit of the soon to be delivered asking price. I would smile & say "It's not something I collect" & hand it back to them.
@samuestos6908
@samuestos6908 4 ай бұрын
I've never heard of this guy in this video. I see an uncommon amount integrity from him/you. I'll check all your sites regularly now for an opportunity to buy something I really enjoy from a good man.
@jensenwilliam5434
@jensenwilliam5434 Жыл бұрын
Thank you Tom and Randy. Thank s for teaching me!
@marcusbeck4656
@marcusbeck4656 Жыл бұрын
Thank you. I’ve often looked at guns on gun broker and wondered why anyone would pay as much as I’ve seen guns go for on the site… Your explanation and insight is helpful.
@jimo680
@jimo680 Жыл бұрын
Thanks for taking the time to do this and sharing your expertise to assist others. I was a newbie to GB and shopping BHP surplus pistols in early 2020, then things went haywire. I purchased one just before the gouging, and was very grateful for having done some homework first. With just the short amount of time I had ...to get a 'feel' for the various surplus bhp's price ranges ... I began checking bid history's when pricing went really crazy for what should have been $400 - $450 pistols. I discovered exactly what you illustrated with the bid histories. Of course, one can't prove shill bidders; but it just seemed way too coincidental. Thanks for sharing some sanity and professionalism.
@Nobody-Nowhere-USA
@Nobody-Nowhere-USA Жыл бұрын
I am so glad you are exposing this scam, I tell people this goes on and few believe me! From now on I have a video to point to.
@brogeoti
@brogeoti Жыл бұрын
Great information as always, Tom. Like Norm Flayderman used to say, "Caveat Emptor".
@usnchief1339
@usnchief1339 Жыл бұрын
good thing my bids are down in the low hundreds and are in need of a refresh. I don't bid for expensive guns without touching it or seeing it in person.
@ranchodeluxe1
@ranchodeluxe1 Жыл бұрын
I went to a local auction that had 4 Model 52 Sporters. Three "real" ones and a Miroku. Since I wanted a shooter, I played on the Miroku. I had it with 34 seconds left at $900 when someone jumped in and bid $3900! The auction house is local and I've known the family for 30 years. I made them show me the bid history and invoice. They said the guy got confused and thought he was bidding on a pre war 52. I'm still unconvinced, but they never ripped me off before, so they get the benefit of the doubt.
@buyerenogurlfwendo2106
@buyerenogurlfwendo2106 Жыл бұрын
So pretty much an uneducated dumb ass robbed you of it 😂
@edmoore1661
@edmoore1661 Жыл бұрын
Good tips and Thanks! I have seen items listed for a few years and when I placed a bid, viola! bids outbidding me would come in hot and heavy. Walk away after the price is beyond what common sense tells you it is worth.
@notmenotme614
@notmenotme614 Жыл бұрын
I’ve experienced this on eBay a lot, I’d get into a bidding war with another person who mysteriously doesn’t give up, he keeps on out bidding me. …Until I no longer match his bid and he accidentally ends up winning… Then when the auction ends, I conveniently get an unbelievable email from the Seller saying the other person has just backed out (despite him bidding 10 times) and do I still want to buy their product? No thank you, I’m dropping it like a hot potato and running a mile!
@1966gtoguy
@1966gtoguy Жыл бұрын
I bid 20k and want an apology ! LOL only kidding keep up the great videos ....
@billsteele495
@billsteele495 Жыл бұрын
……a fool and his money…… Great video!👍
@usnchief1339
@usnchief1339 Жыл бұрын
are soon parted
@joshuagibson2520
@joshuagibson2520 Жыл бұрын
"Collectors" have ruined a ton of good markets in recent years. They will pay any price necessary (without even blinking) to fill a hole in their collection. Also just as absurd are the people who try to get a certain serial number or odd feature. Because it's "collectible". The way I see it, yes, they are indeed fools.
@thunderandrain09
@thunderandrain09 Жыл бұрын
Thank you for doing this video. I think most guys, when they know something about the pea shooter they are interested in are suspicious when they see something like this. This is dishonest and has no place in business. Come on people, don’t you know dishonesty will eventually come back around to you?
@sgtmajtrapp3391
@sgtmajtrapp3391 Жыл бұрын
I've seen that precise ploy. I also have seen sellers with no feedback listing expensive firearms copied off gunsinternational. I've notified the real owner on gunsinternational that their gun is being listed on gunbroker. Instantly that fraud seller disappears. Also no returns as you mentioned.
@ZeeCaptainRon
@ZeeCaptainRon Жыл бұрын
I saw this copycat fraud recently on a boat for sale on Craigslist (otherwise known as fraudslist). Super nice RHIB, yamaha powered, great price. The guys ad said it was near seattle wa. In one of the photos you could see the boat was in a brokers yard and on another boat was a brokerage sign and you could just make out the phone number. Turns out the boat is in BC Canada at a brokers, and the price was twice what the CL guy was asking. Guess he thought he could scam a deposit and run. I hate people.
@ChrisH930S
@ChrisH930S Жыл бұрын
Bought a nice p38 from him last yr. Love it, shoots great. Now just need a post war p1;)
@ConTheDon187
@ConTheDon187 Жыл бұрын
I think you're right about all the fake bids and stuff
@jwhiskey242
@jwhiskey242 Жыл бұрын
I saw the gun in question on Gb, and no provenance. Without the original finish, its just a decent shooter. As a side to the GI's getting guns nickeled, it may have been done for rust protection. Apparently theft of souvenir pistols, by fellow GI's was was a real problem. My father told me he had his pistol nickeled so it could be hidden and not constantly cleaned. He stated that if someone knew you had it, there was a good chance it would get stolen. I subsequently met two WW2 veterans that had pistols stolen from them after the war. One was on active duty in Germany, and the other was on a ship on the way home.
@switchbladefriends2637
@switchbladefriends2637 Жыл бұрын
Not a Luger. Excellent advice here on how to spot shill bidders, and a firearm's history. But look at Timestamp 0:45, it's a Walther P-38 , and not as Tom said, a Luger. AC 43 stamps show a Walther's wartime manufacture in 1943. George Luger died 14 years before this gun design. Maybe, Tom meant to say 9mm Parabellum? 9mm is the probable caliber with this locked breech design. Being refinished, there was an attempt to pimp it and so why not also give it a trick serial number? Hey guys, all serial numbers on a German gun should match. Where's that in the video? So many shill bidders here bespeaks the audacity and integrity of the gun seller, (something Tom left unsaid).
@rodneycooke6538
@rodneycooke6538 Жыл бұрын
Great tutorial and video! I’ve always suspected some of these things but you nailed it. Please do more on this topic and GB!
@markbrennan1393
@markbrennan1393 Жыл бұрын
He's right about show bidding. That's why I hate using Gun Broker. I was bidding on a Webley MK IV with an unshaved cylinder still chambered in 455. Anyway, it had no reserve and I came in at the lowest possible offer. I think the minimum was like $355 or something like that. So up until the last day of the auction I was the only bid on it. I thought I had a good chance of getting it and then a few hours before the auction ended I was informed I was outbid. So I began bidding in $20 increments. I went from my original offer of three hundred dollars all the way to over $900 and I still was being outbid. Mind you me and this other bidder were the only two people bidding on this firearm. So when the auction closed I could view the bid history and this other bidder came in and bid over a thousand dollars on the pistol right off the bat, even though they only needed a minimum bid of $400 to outbid me. Definitely connected to the seller.
@TheRealMrBlackCat
@TheRealMrBlackCat Жыл бұрын
Not necessarily connected to the seller... sometimes I just drop my highest bid and move on as do others. As a network engineer, I have done digital forensics for a few different systems. While I have seen a substantial amount of organized crime in these spaces, it would likely surprise you how often people just have odd bidding habits/mentalities. I have planned to do a primer on understanding auction systems, but more importantly the ratio of weirdness to criminal behavior. Good luck out there.
@markbrennan1393
@markbrennan1393 Жыл бұрын
@TheRealMrBlackCat ya I could see just placing one bid if it had a "Buy Now" button. But it showed my bid and the alleged second bidder only had to bid a few dollars above it to be the top bidder. Instead the alleged individual comes in and bids hundreds of dollars over the current bid. Seemed really fishy.
@ZeeCaptainRon
@ZeeCaptainRon Жыл бұрын
This is pretty common actually. If I see something on an online auction, I will frequently just place the max amount that I would be willing to pay as the first bid. That doesn't mean that I will pay that much, because if no one else bids, it stays at the starting amount. Consider reading up on how proxy bids work. Imagine if you were going on vacation for a week and didn't want to stare at the auction the whole time, or didn't have internet. Just plop down your best price and find out later if you won or not. Subsequent bids bump your bid by a set small amount, keeping you in the lead until you top out your max bid. I hope this makes sense.
@buyerenogurlfwendo2106
@buyerenogurlfwendo2106 Жыл бұрын
The way GunBroker works is they encourage you to put your max bid then they’ll use what’s necessary. Like I bid on a lot of penny auctions for used pistols and if you’re the first bidder you can bet whatever but it’ll only count as a penny at first. Then whenever someone counter bids the first person it raises the price (usually the winning bid has to be $2 higher but it changes as it gets a bigger price tag). So if I seen a pistol I like at a penny auction and I’m first I could put $300 and only be charged a penny if no one else bets. But if people counter bet then I’ll still win if no one goes over $300; I’ll just be charged more. If someone puts $250 then I’ll be charged $252. Basically it’s designed to give you the best deal possible but if someone else counters then you’re going to pay more (or even lose the auction). A lot of people like to bet last minute as well because if you bid with less than 15 minutes remaining then it resets the timer back to 15 minutes.
@buyerenogurlfwendo2106
@buyerenogurlfwendo2106 Жыл бұрын
Without knowing the other bidders rating and feedback history it’s hard to say your competition was connected to the seller. Maybe he just thought the piece was worth $1000 and you clearly didn’t. Did you receive an email saying he fell through would you like to buy this for $900 (or whatever your last bid was). If he didn’t end up paying for it and you got offered to buy it for your last bid then you could say oh he’s connected to the seller. But considering you didn’t mention that he probably actually bought the piece.
@fredEVOIX
@fredEVOIX Жыл бұрын
calling a pimped out pistol the holy grail shows dubious taste already, this reminds me of sportscars we love them but the temptation to "improve" on them is often highger than thinking about it's potential resell price
@randallhunsaker5766
@randallhunsaker5766 Жыл бұрын
Thanks for this information. Lots of refresher lessons here.
@painmt651
@painmt651 Жыл бұрын
I looked in shops for two years, and auctions. Could not find a CZ527 carbine in 7.62x39mm…. Was getting ready to order one online and at a serious premium. They quit making the model. About six months later I found one at a gun show…. It was marked $875, which was not a bad price…. I walked away with it for less than $700…. You can’t touch one for less than $1200, now. It is light as a 10/22! Such a sweet shooter!!! I will die before I sell it. Cheapest rifle to shoot, other than a 22
@budm9982
@budm9982 Жыл бұрын
Very interesting. I've made some purchases on GB but lost more auctions than won. LOL! This is something I'll be looking for in the future.
@1001CP
@1001CP Жыл бұрын
Love this Legacy site for the amazing showing and history of various firearms- especially Lugers! I wish I had more and always looking but I have a fav 43 byf P38 that still shoots like a laser and double date 1916/1920 DWM Luger. Legacy is very legit and professional as are several I have used over the years for fair price, great communication, and naturally quick/professional packaging and delivery. They also stand by their sales. I am a C&R Dealer/Collector that loves to preserve the history of conflict arms from around the world in a small family collection.I was very lucky on most of my purchases to get more rare and unique firearms, again because of great open and honest communication. It sure made it actually fun and exciting.
@blackpowder4016
@blackpowder4016 Жыл бұрын
I've seen this a couple of times on Gunbroker. Gun ends up being relisted in a couple of days because the shill won and of course, didn't pay. Ebay is notorious for shill bidding. I drop out when the price goes over my fair valuation. I'm not looking for unicorns. There will always be another.
@protuzul206
@protuzul206 Жыл бұрын
An interesting conclusion; i've seen some guns for absurd prices, and never even considered that the seller would be artificially inflating their listing. Hopefully Gunbroker gets wise to this, and bans the FFL from selling on their site.
@ZeeCaptainRon
@ZeeCaptainRon Жыл бұрын
GB won't ban that, as they make money every transaction and the more the transaction, the more they make.
@monitor1862
@monitor1862 Жыл бұрын
Thank you for the video. I just started looking on Gun Broker, and it was helpful.
@Scremndemon1
@Scremndemon1 Жыл бұрын
And Tom, is keeping it real
@operationalaf3414
@operationalaf3414 Жыл бұрын
I could listen to this guy for hours!!! Lol
@freedomisntfree131
@freedomisntfree131 Жыл бұрын
Thanks for the honesty and the education.
@whippy107
@whippy107 Жыл бұрын
I love your videos and have enjoyed doing business with you in the past as well! Thank you so much.
@kugellehr
@kugellehr Жыл бұрын
it's so sad that so many people want to scam others, and its in every walk of life and every buisness. Thank you for this lesson!
@GH-cp9wc
@GH-cp9wc Жыл бұрын
Great synopsis, thanks!
@hermittao
@hermittao Жыл бұрын
Thank You for providing me with some valuable information. I'm here to learn and perhaps one day I'll feel sufficiently confident to bide.
@davidboese6276
@davidboese6276 Жыл бұрын
Well said. Very informative. Thank you. Good knowledge and I believe you are correct
@gredw6733
@gredw6733 Жыл бұрын
Well done...thank you for the good information.
@thefleaflop
@thefleaflop Жыл бұрын
Excellent job young man.... Totally agree with your assessment of this auction and bidding in general... Thanks for putting a pin in it. Happy 4th!!!.
@SuperVorpalbunny
@SuperVorpalbunny Жыл бұрын
This happens (shill bidders) at most all "bid" sites including eBay, Gun Broker and other such sites. I usually do not "bid" guns; I will buy it as seller's offered price, or I may make an offer if that's an option. Do your research and know what an item is really worth...not just what a seller is "asking." I would agree: if you do not have experience, do not "bid" a gun. This is very informative video. I hope people take in the information.
@columbiawarmachine9795
@columbiawarmachine9795 Жыл бұрын
This is definitely good advice
@mattlarson9897
@mattlarson9897 Жыл бұрын
I think you are slightly wrong about the bidders. I think you are correct about the ones with no feedback. But i think you are wrong about the older accounts with feedback. I hardly buy off of GB but i do check it all the time. If i were to buy something today, it would probably have been a year since my last purchase. I also have not received feedback from every purchase that i made. But again i think you are correct about the new bidders.
@saltysailor6689
@saltysailor6689 Жыл бұрын
I think I got a decent deal on GB. I searched for a year until I found the make, model, caliber and condition. I finally found what I was looking for and put on my watch list. It was a Hi-Standard HD Military model. Junkers sell for around $500 while one in great condition sell for around $800 without any extras. The one I was going to bid on was in like new condition. Serial # came out to a 1946 model. With the original box, all paperwork and spare magazine. A real safe queen. I waited until the last hour of the bidding to start my bidding. It had bid up to $600. So, it was between me and one other person. He gave up when I bid $675. Fantastic condition and a great little shooter and no it's not a safe queen. I think it takes a little research and a lot of patients.
@lloydfortner1510
@lloydfortner1510 Жыл бұрын
Excellent information. Thanks
@chonnywong
@chonnywong Жыл бұрын
Love the videos Tom, but I've heard that this particular p38 was owned by the guy that killed hitler. so maby it is worth 20 grand 😂
@Lynn-vt4id
@Lynn-vt4id Жыл бұрын
Geez Tom, I was really hoping you were going to show us the gold watch inside that gun!!!!🤣🤣🤣🤣
@Jim-oo7dk
@Jim-oo7dk Жыл бұрын
Cash businesses like guns and coins draw crooks like moths to a lightbulb.
@chrisjr88fan
@chrisjr88fan Жыл бұрын
I was so happy when I recieved my Rockola carbine from Legacy! It was better than described!
@SaltyMaverick
@SaltyMaverick Жыл бұрын
Thank you for the advice. It's much appreciated.
@cavidicusdurtisness5238
@cavidicusdurtisness5238 Жыл бұрын
This guy definitely enjoys the jazz cabbage.
@mekajiki7861
@mekajiki7861 Жыл бұрын
Wow. In all my years on gb I didn't know about the bid history.
@st9041
@st9041 Жыл бұрын
Outstanding ! Have bought from you before and trust your advise .
@rockysdad5949
@rockysdad5949 Жыл бұрын
Very good info I really appreciate it Thank You!!!
@simonjones6128
@simonjones6128 Жыл бұрын
Interesting Tom love the story
@randallkelley3599
@randallkelley3599 Жыл бұрын
Thank you very much. I learned some important stuff!
@chrisdikovics3580
@chrisdikovics3580 Жыл бұрын
Thanks for the education !
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