Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
Yeah, Gunbroker penny start no reserve auctions bring out the idiots with more money than sense. Take a lot of quality detailed pics, start the auction at $.01 with no reserve, let it run for 2 weeks and have it end on a Sunday evening. Probably get way more than any rational person would ever guess.
Like ^! And apologies as well for my drift earlier.
Quick look in GB shows prices from $800 (still bidding) up to several thousands (buy now). Satin, high polish, varying nickel finishes and conditions. Gunsinternational shows high prices also. Research more before you commit to selling. I'd say yours is easily low $2ks
Did you do an advance search on those that have sold?Originally Posted by Aardvark
The "buy now" guns at the inflated prices will never sell yet auctions that start low with no reserve will draw people in and will often end up with a couple guys that are invested in the fever and will drive the price up higher than some of these expensive "buy it now" ads. I've seen several FALs over the last year that have sold at $7-8k via a penny auction all while at the same moment another guy had the same rifle priced at $6k with a buy it now price and zero watchers.
If you can, look it up in the Blue Book of Gun Values.
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