Lock Stock & Barrel Does It Again, Delivering More To Our Consignors Than Rock Island Auction – “The Nations Leading Auction House”

First, we need to pay our respects to Rock Island Auctions (RIA), “The Nation’s Leading Auction House for Firearms, Edged Weapons, & Military Artifacts”. They move high end Items; they are generally honest, thorough, trustworthy and they are what every gun dealer wants to be when we grow up. We mean no disrespect in this article and reiterate our admiration of Rock Island Auctions, but industry changes make us a better choice to sell your guns…

It is common for a Buyer to look at the “little guy” and try to grab up some killer deals to sell at these bigger auction houses. If you have been around LSB long enough you might have seen a few of our featured items make it into one of these BIG auction catalogs. (For ex. The Emmett Dalton Gun)

Recently, both Lock Stock & Barrel Investments (www.LSBauctions.com) and Rock Island Auction Co. sold Krause Custom Baby Lugers less than 2 weeks apart – the difference in how the sales were handled speaks for itself. Take a look at the numbers:

Rock Island Sold Serial Number 3 For: $10,000

Lock Stock & Barrel Sold Serial Number 6 For: $12,256

Assuming a 20% standard industry sellers’ commission, Rock Island was able to deliver only $8,000 to their consignor, yet with their buyers premium charged a minimum of $11,500 from the buyer. On the other hand, Lock Stock & Barrel’s buyer was only charged their high bid and the seller was also paid off of this high bid – thus Lock Stock & Barrel was able to deliver $9,805 to their consignor.

Using this very desirable gun as an example, Lock Stock & Barrel delivered $22.56% more to their consignor than Rock Island did to theirs…

Likewise, both auction houses sold the identical Omar Bradley grouping – Lock stock & Barrel sold it for $3,350 and Rock Island sold it for $2,250. You can do the math on this one…