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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Petrov auction prices
#257084 - 23/11/14 07:36 AM

I am shocked how weak the prices were for Michael's rifles. Many of them didn't reach the low estimate. I would not have dreamed the Minar rifle would go for $2,250 and the Bob Owen 12-c for $2,500. I picked up one high number G&H but would have put together a larger shopping list had I known.

Rigbys did well as did the best Mausers and several Colts and some of the pre-64 70's. Harvey Rogers also.

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Huvius
.416 member

Reged: 04/11/07
Posts: 3612
Loc: Colorado

Re: Petrov auction prices [Re: mckinney]
#257086 - 23/11/14 08:13 AM

I am actually not that surprised.
This is what happens when an auction house dumps a number of rare guns on the market at once. Especially guns that are so few and far between and rarely come onto the market.
To get better prices, they should have had two auctions 6mos. apart IMO.
The 350 Rigby went for a pretty good deal and the 416 Rigby went for $27K I think. Sounds like a decent price for both parties.

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He who lives in the past is doomed to enjoy it.

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dons
.333 member

Reged: 18/08/07
Posts: 431
Loc: Essex

Re: Petrov auction prices [Re: mckinney]
#257087 - 23/11/14 09:02 AM

3 Fred Adolph's and a Minar never made the estimated minimum......WTF. I guess the world is not ready for the American gunmakers.

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pjaln
.375 member

Reged: 08/06/06
Posts: 711
Loc: massachusetts ,U.S.A.

Re: Petrov auction prices [Re: Huvius]
#257088 - 23/11/14 09:03 AM

i did not think they would do that well at least the unmarked guns , there arent that many ppl willing to part 4k for a springfield that has no name on it ,,i have an owen at home not marked ,mike knew the gun and confirmed it being an owen but now that hes gone whos going to believe its an owen ?? .......paul

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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Re: Petrov auction prices [Re: pjaln]
#257119 - 24/11/14 01:52 AM

I think many absentee bidders passed because they thought prices would be well above high estimates. That's what I thought, so I passed bidding on the Wundhammers, Dubiel mauser and others. That left people on the floor who weren't that interested in Michael's stuff. That's one theory anyway. I made 3 absentee bids. picked up lot 124 on a bid that I thought would have no chance and failed on bids for one of the colt kings and the .416 Rigby. After watching online for an hour I signed in and missed the Minar rifle and the Owen 12-c. In both cases i sat watching ridiculously low bids on the screen, expecting more bids, then when I did hit bid, the bids were accepted, then 'sorry just missed' and the item flashed off the screen. I think there will be a lot of people with regrets on this auction.

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A10ACN
.300 member

Reged: 30/01/05
Posts: 198
Loc: USA

Re: Petrov auction prices [Re: mckinney]
#257154 - 25/11/14 04:47 AM

Unbelievable. I considered going but just assumed that there would be too many collectors and high rollers there, much less the dealers. I am just...shocked.

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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Re: Petrov auction prices [Re: A10ACN]
#257156 - 25/11/14 05:17 AM

I remember the Emil McConnell estate auction in 2004 where the opposite happened. G&H rifles all went for more than the high estimate, with some bringing 3 or 4 times the high estimate. A Niedner Winchester 52 brought $66K.

I'd say this auction is the most surprising I've seen, by far.

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AkMike
.416 member

Reged: 19/11/05
Posts: 2576
Loc: Anchorage, Alaska

Re: Petrov auction prices [Re: mckinney]
#257183 - 25/11/14 02:34 PM

Mike's probably very unhappy now. A lifetimes collection that went for a pittance.

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"When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; you may know that your society is doomed." Ayn Rand

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458Win
.333 member

Reged: 15/12/06
Posts: 342
Loc: Alaska

Re: Petrov auction prices [Re: AkMike]
#257210 - 26/11/14 04:17 AM

I think Mike fully understood that life is not about collecting things, but rather about collecting knowledge and his two books and wonderful photos are gifts he left for all of us.

--------------------
Anyone who claims the 30-06 is ineffective has either never used one - or else is unwittingly commenting on their marksmanship
Phil Shoemaker
www.grizzlyskinsofalaska.com

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Ash
.400 member

Reged: 10/05/11
Posts: 1654
Loc: Australia

Re: Petrov auction prices [Re: 458Win]
#257228 - 26/11/14 05:44 PM

Phil, beautifully said.

Anywhere we can view the prices realised?

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.

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458Win
.333 member

Reged: 15/12/06
Posts: 342
Loc: Alaska

Re: Petrov auction prices [Re: Ash]
#257246 - 27/11/14 09:54 AM

I just was informed by Amoskeag that two of Michaels Wundhammer rifle will remain in Alaska under my care for the time being. My Minar and Sedgley needed some friends.

--------------------
Anyone who claims the 30-06 is ineffective has either never used one - or else is unwittingly commenting on their marksmanship
Phil Shoemaker
www.grizzlyskinsofalaska.com

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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Re: Petrov auction prices [Re: 458Win]
#257252 - 27/11/14 05:00 PM

Well done! Glad they went to you.

One of the Griffins will be with me, but I'm still lamenting 5 or 6 others that I didn't bid on.

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pjaln
.375 member

Reged: 08/06/06
Posts: 711
Loc: massachusetts ,U.S.A.

Re: Petrov auction prices [Re: mckinney]
#257267 - 28/11/14 02:58 AM

2 guns that i sold mike took in about 4k in profit he put out under 2k to buy them ,the gibbs sold for 16k i know he didnt pay more than 4k for it ,,and we dont think he did good ??? stretch kennedys mausers seem to be the bargains for some reason ....paul

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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Re: Petrov auction prices [Re: pjaln]
#257268 - 28/11/14 03:18 AM

Stretch did pretty well on the rigbys and the 6.5 x 54 Oberndorf, but the Type B's were bargains. I think the biggest bargains were the Minar, the non takedown Worthen, and the Owen 12-C - at least those are the ones I'd like to have another shot at. I think the low number Springfield curse played a role.

Edited by mckinney (28/11/14 03:21 AM)

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pjaln
.375 member

Reged: 08/06/06
Posts: 711
Loc: massachusetts ,U.S.A.

Re: Petrov auction prices [Re: mckinney]
#257301 - 28/11/14 11:02 AM

item 251 sold for 3200usd item 252 the surkamer rifle sold for 2900usd the surkamer seems to be a bargain next to 251 alond with the fact ist a high serial number and better wood ...paul

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mckinney
.400 member

Reged: 29/01/09
Posts: 1236
Loc: usa

Re: Petrov auction prices [Re: pjaln]
#257423 - 01/12/14 11:58 PM

I like both those rifles - the dark wood and lines on the Griffin and the overall look of the Surkamer. The description on the surkamer mentions that it needs repair so I didn't bid on it. Again, stupid - missed some good opportunities.

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Wurger
.275 member

Reged: 23/12/12
Posts: 53
Loc: PA, USA

Re: Petrov auction prices [Re: 458Win]
#257503 - 04/12/14 02:01 PM

Quote:

I just was informed by Amoskeag that two of Michaels Wundhammer rifle will remain in Alaska under my care for the time being. My Minar and Sedgley needed some friends.

Could you share a photo from the auction?

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