Very true. Just goes to show the fish keep getting bigger and bigger. All an auction has to do is keep convincing at least one person they have to have something. Bidders are easy enough to provide to get the desired end result.Very true... but we also thought that the last time this gun sold 7 years ago.
Or he may have just been after this specific Singer, due to condition, reported history, sales hype, description, etc. That's why I don't necessarily think this sale impacts the real market value of other guns in a significant way.There must have been two very eager potential buyers to drive the price up. That means the one who 'lost?' is still after a good Singer.
Why can't I find buyers like this when I want to sell something?? (Also glad for the new owner / caretaker.)As has already been stated in the previous posts, it's more about the "people" than the
"object" in an auction. I've been to automobile auctions were I've seen vehicles roll
across the stage and sell for millions of Dollars. I've never, however, seen a pistol,
especially a WWII variety, sell for anything close to this. I do remember the
million Dollar Luger, but that was a fluke considering the circumstances.
Whatever "floats your boat", providing you have the finances, is what happened here.
One guy just had to have it and he won. I also agree with Scott that this one sale will
not automatically increase Singer prices to a great extent.
Cheers to the new owner.