Imbel Gear Logo Receiver

litsnsirn · August 31, 2007, 20:29

Hi, I have realized that I will probably never do any more FAL projects, and am buying a new truck, so this receiver is for sale, best offer. It is a PAC import, with a PAC99xx serial number and no magwell date. I have had it since 2000 and am the original consumer owner, it has not been built on. All BATF rules apply and the offers will be considered to include shipping, but not dealer fees on my end, if your dealer requires it go dealer to dealer. I will take offers until next Sunday, 9/9. Local FTF with FOID and proper wait and record keepingis ok also. Please see my sale listing for some fun parts and accessories.

ALL FAL · August 31, 2007, 21:20

I'll start bidding at 300.00

**gska3873** · August 31, 2007, 21:26

$310

firefuzz · August 31, 2007, 21:34

$350.00

Rob

johnny · September 01, 2007, 05:53

$375

litsnsirn · September 02, 2007, 22:09

A Bump

litsnsirn · September 04, 2007, 06:51

Another bump

7.62x39 · September 04, 2007, 09:26

$400

TimP · September 04, 2007, 12:31

$425

parvodog@gmail.com

newfalguy101 · September 04, 2007, 17:11

As I watch this auction I am getting more and more tempted to sell the Imbel I have.

litsnsirn · September 08, 2007, 09:25

Givin' it a bump.

G2 · September 09, 2007, 07:39

What is the cut off time for offers??

tracyballard · September 09, 2007, 08:56

I was assuming that since he didn't list a specific time that it would end at the same time it started - 20:29.

G2 · September 09, 2007, 09:13

With the way things sometimes go, he should give a cut off time. Otherwise someone is bound to get upset. Auctions should not be open ended.
Just my .02

litsnsirn · September 09, 2007, 10:53

I was thinking that the ending time would be 11:59pm, tonight 9/9.

litsnsirn · September 11, 2007, 07:30

Hi, it look like TimP was the high bidder, please contact me by email.

7.62x39 · September 12, 2007, 11:31

I just received a PM from the seller (litsnsirn) of this receiver.
It seems that the high bidder (TimP) has backed out of the deal. litsnsirn has offered to sell me the receiver for TimP's bid of $425.

My position is this, I had the highest legitimate bid ($400) when the auction closed. I think I should be able to purchase it at that price. $25 may not be a lot of money, but there is a principal involved here.
What's to keep a seller from having another member place a shill bid to drive the price up. I'm not saying that litsnsirn did that, but it's always a possibility.
As far as I know, the auctions here are considered binding, are they not?

I don't want to be an Ahole, but I don't think the price I have to pay should be effected by a illegitimate bid.

But it works both ways.
Here's one I got sniped on. I was high bidder at $410 a guy came in behind me and ended up getting it for $411. Although I don't understand how. the bids were supposed to be in $5 increments.

http://www.gunbroker.com/Auction/Vie...?Item=79544508

I'm looking for opinions, how much do you think I should have to pay for this receiver?

tracyballard · September 12, 2007, 11:44

I certainly don't think you should be obligated to pay more than $400 for the receiver since that's what you bid, and on ebay your bid would be the next highest if he chose to offer you a second chance offer (seller's choice). I guess if you don't want to pay $425 and he doesn't want to sell for $400 then either one of you can void the deal at this point.

tracyballard · September 12, 2007, 11:46

still, you're not going to find a lot of nice Imbels like this for $425...

7.62x39 · September 12, 2007, 12:04

Quote:

Originally posted by tracyballard
I guess if you don't want to pay $425 and he doesn't want to sell for $400 then either one of you can void the deal at this point.

That's my question.
Can he back out of the deal?
How binding is an auction here on the files? Obviously this is a moral question, not a legal one, since no contracts are in place.

Bidding $410 on the gunbroker one, was a stretch for me, I refuse to pay more than that. The last one I bought on GB, I paid $370 for.

Since He bought it new back in 2000, He's got to be into it for less than $200. it's not like he's going to get hurt here.

G2 · September 12, 2007, 12:08

This is why I hate loose ended auctions. If you put something up for auction, list the conditions!!!!!! And the ending date and time. As to the question of your last bid amount??? IMHO he should sell the receiver to YOU for YOUR last bid amount, that said, I also would not quible over 25 bucks on an Imbel receiver.
G

G2 · September 12, 2007, 12:14

Quote:

Originally posted by 7.62x39

That's my question.
Can he back out of the deal?
How binding is an auction here on the files? Obviously this is a moral question, not a legal one, since no contracts are in place.

Bidding $410 on the gunbroker one, was a stretch for me, I refuse to pay more than that. The last one I bought on GB, I paid $370 for.

Since He bought it new back in 2000, He's got to be into it for less than $200. it's not like he's going to get hurt here.

Hell ya he can back out. His deal was with the last bidder. You were out of the picture when you quit bidding.

litsnsirn,
If 7.62 backs out, I will buy it for 425.00
G

tracyballard · September 12, 2007, 12:16

Also, if I'm going to send someone a money order for $400, I would probably rather not get in a huge argument over $25 with them right before I send it.

I'm not aware of any formal rules on the files regarding auctions where the high bidder backs out, any rules should be listed in theauction if the seller thinks it's necessary, but once the high bidder backs out, all bets are off unless you can point to a rule here that says otherwise.

7.62x39 · September 12, 2007, 13:05

Quote:

Originally posted by G2
.... As to the question of your last bid amount??? IMHO he should sell the receiver to YOU for YOUR last bid amount...
G

Quote:

Originally posted by G2
Hell ya he can back out. His deal was with the last bidder. You were out of the picture when you quit bidding.

I'm a little confused here. Your last two posts seem to contradict one another

tracyballard · September 12, 2007, 13:09

one is what he should do, the other is what he legally can do.

sniper69 · September 12, 2007, 13:39

On something like this shouldn't a mod or admin get involved? Maybe sending a Pm to 'Tude, W.E.G., PTB, or Jen would help in getting clarification as to whether any rules were broken, what rules there are for auctions, etc.

Just a thought...

(and I think what tracyballard posted makes sense):

"I certainly don't think you should be obligated to pay more than $400 for the receiver since that's what you bid, and on ebay your bid would be the next highest if he chose to offer you a second chance offer (seller's choice)."

G2 · September 12, 2007, 15:16

7.62,
all I am saying is, if it were me, I would sell it to the last competent bidder, since it is only 25 bucks. But, he really has no obligation to do so, since you were out bid and did not persue a higher bid.
The "Bad Form" here is the dude that backed out. That would definatlly piss me off. A bid is no different than a "I'll Take It" in the market place. Not Cool!!!
G

Quote:

Originally posted by 7.62x39

I'm a little confused here. Your last two posts seem to contradict one another

fred_ex · September 12, 2007, 21:28

If the "winning" bidder has backed out, the auction should be void.
Re-list the item.... with the proper terms and conditions!!

I'll go $425.

tracyballard · September 12, 2007, 21:33

I say he should organize a lottery for all those willing to pay $425 for the receiver, he could have every interested party pick a number between 1 and 800, then the person who complains the loudest would win.

DrPepper · September 13, 2007, 07:07

Quote:

Originally posted by fred_ex
If the "winning" bidder has backed out, the auction should be void.
Re-list the item.... with the proper terms and conditions!!

I'll go $425.

Re-List it Just like on GunBroker.
If the winning bidder does not complete the transaction the seller gives
a - feedback and Re-list's the item, No 2dn chance offers on GB.
Seems like litsnsirn has more than 1 offer for $425 now and should just list again with more specific guide lines.
Just my .02

litsnsirn · September 13, 2007, 07:15

The receiver is sold pending funds.

Thanks for your extra participation, I would have liked it before the auction ended on Sun night.

To answer the rest of the questions. I have only this one left, but it is one of three that I bought, Rich@CGW built the other two into rifles for me. I paid more than $200 for it. I thought that my terms were clear, with the auction ending on 9/9, with no time specified, I assumed that would mean the end of the day, I guess that it wasn't too easy to understand. There were no offers at the end, so what did it matter?

newfalguy101 · September 13, 2007, 17:17

yea I know its a done deal, but I didnt see this early enough to put in my 2 cents so I am going to now

Were it my auction, with the top bidder backing out, I would have done exactly what litsnsirn did, ergo: offer it at the high bid to the second place bidder. If he werent interested, I would re-list ( as it were ) and go from there.

One other thought, someone mentioned how much litsnsirn, probably paid for the receiver and said "its not like he is going to get hurt".....................It doesnt matter what he paid, that is completely irrevelant, the ONLY thing that matters at this stage of the game is what the BUYER is willing to pay.

G2 · September 13, 2007, 18:35

Quote:

Originally posted by newfalguy101
yea I know its a done deal, but I didnt see this early enough to put in my 2 cents so I am going to now

Were it my auction, with the top bidder backing out, I would have done exactly what litsnsirn did, ergo: offer it at the high bid to the second place bidder. If he werent interested, I would re-list ( as it were ) and go from there.

One other thought, someone mentioned how much litsnsirn, probably paid for the receiver and said "its not like he is going to get hurt".....................It doesnt matter what he paid, that is completely irrevelant, the ONLY thing that matters at this stage of the game is what the BUYER is willing to pay.

++++++1
END OF STORY.
Oh Ya, I bought it.

7.62x39 · September 14, 2007, 09:39

So basically you feel it's alright for some moron to place a high bid at the end and render the whole auction null and void. I can bid $1000 dollars for a receiver, then back out, and we should expect the #2 bidder to pay $1000

I never had an issue with litsnsirn over this. As far as I know he was a victim here too.
But hypothetically speaking, suppose I had something being auctioned here and the bids were not what I had hoped for. What would prevent me from having a friend throw in a shill bid to drive the price up? If nobody bites, I just say the guy backed out.
The problem does not exist at a real auction site like gunbroker because the bids are binding.

I have no idea if TimP ever intended to go through with the deal or not. But I think what should have happened, is that he should have paid the difference between the two bids. (kind of like a stupid tax)
That way litsnirn would have got the high bid amount, I would have got the receiver for my bid price and hopefully it would have taught TimP a lesson, not to make commitments that he can't/won't fulfill.

tracyballard · September 14, 2007, 09:52

high bidders back out sometimes, when that happens the seller is no longer obligated to sell, that's the way all auctions I've seen have worked, including gunbroker and ebay. You still had a chance to get an Imbel for $425 which was a steal, market value is at least $450 right now, and I just wish this had been on sale when I paid $500 for one in April.

G2 · September 14, 2007, 10:08

On 2 occations I sold (so I thought) fals on GunBroker. Both times the high bidder failed to pay. Guess What??, I left a shitty feedback and had to relist. No obligation legally or otherwise. I was refunded the listing fee after 18 days. But, no obligation to sell to ANYONE else that had been involed in the bidding. Both rifles sold on the second listing. But, if the high bidder fails to comply, thats the end. Relist or what ever. If I had an auction here on the Files and someone backed out after winning the auction, I would leave - feedback, and offer the item to the next to last bidder at the final bid price. Depending on the difference and my eagerness to sell, see what we could work out.
425 is not a bad price for the Imbel Rec. Last 3, I bought, that's what I paid.
It has been mentioned that the original price paid for the receiver was probably 200.00, that is Bull Sh**. Completly irrelevent, market sets the price, PERIOD. I happily paid the 425.00 and look forward to building a nice para on this receiver.
G

newfalguy101 · September 14, 2007, 17:19

Quote:

Originally posted by 7.62x39
So basically you feel it's alright for some moron to place a high bid at the end and render the whole auction null and void. I can bid $1000 dollars for a receiver, then back out, and we should expect the #2 bidder to pay $1000

I dont *expect* the second place guy to pay the final bid price, I offer to sell it to him at that price, if he wants it, he buys, if not he doesnt.

Its no different than going to a real auction where there are multiple offerings of the same item................the auctioneer runs through his bit, satisfies the winning bidder and offers to sell the remaining items at the SAME price to anyone interested, sometimes people take him up on it other times they dont.........about half the time the second go-round ends up being HIGHER than the first, and the winner pays MORE than had they accepted the auctioneers offer after the first bid.

When I set my stop bid price, I stick to it pretty closely..............lets say I am willing to go $400 for a super-widgit and no more, I am in a bid war and the OTHER guy hits $400 before I do, guess what, HE gets the super-widgit, but if given a chance i would still pay $400 for one, but no more.

If $400 is your top offer for the receiver, and it seems it is, then just politely decline the offer and move on.

tracyballard · September 14, 2007, 17:29

I can't believe my lottery idea didn't get more consideration...

G2 · September 14, 2007, 17:36

Quote:

Originally posted by tracyballard
I can't believe my lottery idea didn't get more consideration...

No body takes a "huge jackass" Seriously

**kev** · September 25, 2007, 23:40

I feel stupid dragging this back up from a month ago, but for anyone who's still watching,............................PAC Gear Logo's were going for $300 each dealer cost back in 2000, IF you could find them. They were in VERY short supply. I waited months to get mine from SARCO. I wouldn't sell them today for $425 after having the money tied up in them for all these years.

**Ricketts** · September 26, 2007, 15:12

Quote:

Originally posted by 7.62x39

Since He bought it new back in 2000, He's got to be into it for less than $200. it's not like he's going to get hurt here.

I have $6,000 in my 1969 Camaro that I bought in 1997. You wouldn't be able to get it for that price nowadays.

Don't care how much someone crys about price gouging and the like. You ain't gettin my car for what I paid for it or even near to it. Sorry. Things go up in value. Don't want it?? Oh well.

What someone 'has' in an item is meaningless.

You lost a valuable chunk of steel over $25. Keep trying for the 370 or less ones. Good luck in that--

7.62x39 · September 26, 2007, 16:54

I thought this was a dead issue, Why drag it back out again?

But since you did, I did not miss out on anything. It went for more than I care to pay, end of story.
I am in absolutely no rush to build this rifle, I have two safes full of things to shoot, including a FAL and enough AK and other kits to keep me busy building for a long time.

You kind of took my quote out of context, I never suggested that he should sell the receiver for $200 as in you selling your Camaro today for $6000.
I realize full well that things are worth whatever the market will bear.

My problem was never with the seller, I'm happy that he found a buyer willing to pay what he wanted.
My problem is with somebody who makes a bid on an auction item, then doesn't follow through with the commitment, thereby screwing up the whole auction.

If you don't have the money, don't bid on the freakin thing.

August 31, 2007, 20:29	#1
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	Imbel Gear Logo Receiver Hi, I have realized that I will probably never do any more FAL projects, and am buying a new truck, so this receiver is for sale, best offer. It is a PAC import, with a PAC99xx serial number and no magwell date. I have had it since 2000 and am the original consumer owner, it has not been built on. All BATF rules apply and the offers will be considered to include shipping, but not dealer fees on my end, if your dealer requires it go dealer to dealer. I will take offers until next Sunday, 9/9. Local FTF with FOID and proper wait and record keepingis ok also. Please see my sale listing for some fun parts and accessories. __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

August 31, 2007, 21:34	#4
firefuzz Registered FALaholic #: 15340 Join Date: Sep 2004 Location: Oklahoma Posts: 1,647	$350.00 Rob __________________ May your rifle always shoot straight, your mag never run dry, you always have one more round than you have adversaries, and your good mate always be there to watch your back. I'm not anti-anything...but I am PRO Christian, PRO American, and I'm not ashamed of being white.

September 02, 2007, 22:09	#6
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	A Bump __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

September 04, 2007, 06:51	#7
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	Another bump __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

September 04, 2007, 17:11	#10
newfalguy101 Registered FALaholic #: 6260 Join Date: Apr 2002 Location: Clay Center, NE Posts: 4,242	As I watch this auction I am getting more and more tempted to sell the Imbel I have. __________________ Trust in the LORD with all your heart, mind and soul......... front sight, press. repeat as needed! 01 FFL :biggrin: Transfers $20 orders actual dealer + $50 Clay Center, NE

August 31, 2007, 21:20	#2
ALL FAL Registered Contributor FALaholic #: 24447 Join Date: Jan 2007 Location: Oregon Posts: 2,250	I'll start bidding at 300.00 __________________ The Future is ALWAYS Open!! An ARMED society is a POLITE society.

August 31, 2007, 21:26	#3
gska3873 Member Bronze Contributor FALaholic #: 30923 Join Date: Aug 2007 Location: N/A Posts: 376	$310

September 01, 2007, 05:53	#5
johnny Registered FALaholic #: 7282 Join Date: Aug 2002 Location: New Hampshire Posts: 672	$375

September 04, 2007, 09:26	#8
7.62x39 Registered FALaholic #: 19249 Join Date: Feb 2006 Posts: 107	$400

September 04, 2007, 12:31	#9
TimP Registered FALaholic #: 12803 Join Date: Dec 2003 Location: Dallas, TX Posts: 9	$425 parvodog@gmail.com

September 08, 2007, 09:25	#11
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	Givin' it a bump. __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

September 09, 2007, 07:39	#12
G2 Veteran Member Bronze Contributor FALaholic #: 17338 Join Date: Apr 2005 Location: USA Posts: 1,466	What is the cut off time for offers?? __________________ When you are going through difficulty and wonder where God is, remember the teacher is always quiet during the test.

September 09, 2007, 08:56	#13
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	I was assuming that since he didn't list a specific time that it would end at the same time it started - 20:29.

September 09, 2007, 09:13	#14
G2 Veteran Member Bronze Contributor FALaholic #: 17338 Join Date: Apr 2005 Location: USA Posts: 1,466	With the way things sometimes go, he should give a cut off time. Otherwise someone is bound to get upset. Auctions should not be open ended. Just my .02 __________________ When you are going through difficulty and wonder where God is, remember the teacher is always quiet during the test.

September 09, 2007, 10:53	#15
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	I was thinking that the ending time would be 11:59pm, tonight 9/9. __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

September 11, 2007, 07:30	#16
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	Hi, it look like TimP was the high bidder, please contact me by email. __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green

September 12, 2007, 11:31	#17
7.62x39 Registered FALaholic #: 19249 Join Date: Feb 2006 Posts: 107	I just received a PM from the seller (litsnsirn) of this receiver. It seems that the high bidder (TimP) has backed out of the deal. litsnsirn has offered to sell me the receiver for TimP's bid of $425. My position is this, I had the highest legitimate bid ($400) when the auction closed. I think I should be able to purchase it at that price. $25 may not be a lot of money, but there is a principal involved here. What's to keep a seller from having another member place a shill bid to drive the price up. I'm not saying that litsnsirn did that, but it's always a possibility. As far as I know, the auctions here are considered binding, are they not? I don't want to be an Ahole, but I don't think the price I have to pay should be effected by a illegitimate bid. But it works both ways. Here's one I got sniped on. I was high bidder at $410 a guy came in behind me and ended up getting it for $411. Although I don't understand how. the bids were supposed to be in $5 increments. http://www.gunbroker.com/Auction/Vie...?Item=79544508 I'm looking for opinions, how much do you think I should have to pay for this receiver?

September 12, 2007, 11:44	#18
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	I certainly don't think you should be obligated to pay more than $400 for the receiver since that's what you bid, and on ebay your bid would be the next highest if he chose to offer you a second chance offer (seller's choice). I guess if you don't want to pay $425 and he doesn't want to sell for $400 then either one of you can void the deal at this point.

September 12, 2007, 11:46	#19
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	still, you're not going to find a lot of nice Imbels like this for $425...

September 12, 2007, 12:08	#21
G2 Veteran Member Bronze Contributor FALaholic #: 17338 Join Date: Apr 2005 Location: USA Posts: 1,466	This is why I hate loose ended auctions. If you put something up for auction, list the conditions!!!!!! And the ending date and time. As to the question of your last bid amount??? IMHO he should sell the receiver to YOU for YOUR last bid amount, that said, I also would not quible over 25 bucks on an Imbel receiver. G __________________ When you are going through difficulty and wonder where God is, remember the teacher is always quiet during the test.

September 12, 2007, 12:16	#23
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	Also, if I'm going to send someone a money order for $400, I would probably rather not get in a huge argument over $25 with them right before I send it. I'm not aware of any formal rules on the files regarding auctions where the high bidder backs out, any rules should be listed in theauction if the seller thinks it's necessary, but once the high bidder backs out, all bets are off unless you can point to a rule here that says otherwise.

September 12, 2007, 13:09	#25
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	one is what he should do, the other is what he legally can do.

September 12, 2007, 13:39	#26
sniper69 Registered FALaholic #: 9956 Join Date: Mar 2003 Location: Used to be Alabama and Germany, now Ohio. Posts: 229	On something like this shouldn't a mod or admin get involved? Maybe sending a Pm to 'Tude, W.E.G., PTB, or Jen would help in getting clarification as to whether any rules were broken, what rules there are for auctions, etc. Just a thought... (and I think what tracyballard posted makes sense): "I certainly don't think you should be obligated to pay more than $400 for the receiver since that's what you bid, and on ebay your bid would be the next highest if he chose to offer you a second chance offer (seller's choice)." __________________ "To show you how radical I am, I want carjackers dead. I want rapists dead. I want burglars dead. I want child molesters dead. I want the bad guys dead. No court case. No parole. No early release. I want 'em dead. Get a gun and when they attack you, shoot 'em." Ted Nugent - speaking at the NRA convention April 17, 2005

September 12, 2007, 21:28	#28
fred_ex Registered FALaholic #: 15008 Join Date: Jul 2004 Location: central pa Posts: 51	If the "winning" bidder has backed out, the auction should be void. Re-list the item.... with the proper terms and conditions!! I'll go $425.

September 12, 2007, 21:33	#29
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	I say he should organize a lottery for all those willing to pay $425 for the receiver, he could have every interested party pick a number between 1 and 800, then the person who complains the loudest would win.

September 13, 2007, 07:15	#31
litsnsirn Registered FALaholic #: 487 Join Date: Jul 2000 Location: NE Illinois Posts: 149	The receiver is sold pending funds. Thanks for your extra participation, I would have liked it before the auction ended on Sun night. To answer the rest of the questions. I have only this one left, but it is one of three that I bought, Rich@CGW built the other two into rifles for me. I paid more than $200 for it. I thought that my terms were clear, with the auction ending on 9/9, with no time specified, I assumed that would mean the end of the day, I guess that it wasn't too easy to understand. There were no offers at the end, so what did it matter? __________________ "You know, I think it was James Joyce who said that a genius makes no mistakes, that his errors are on purpose and they become the portholes of discovery, that's the kind of thing you say when you do something real stupid." Red Green Last edited by litsnsirn; September 13, 2007 at 07:24.

September 13, 2007, 17:17	#32
newfalguy101 Registered FALaholic #: 6260 Join Date: Apr 2002 Location: Clay Center, NE Posts: 4,242	yea I know its a done deal, but I didnt see this early enough to put in my 2 cents so I am going to now Were it my auction, with the top bidder backing out, I would have done exactly what litsnsirn did, ergo: offer it at the high bid to the second place bidder. If he werent interested, I would re-list ( as it were ) and go from there. One other thought, someone mentioned how much litsnsirn, probably paid for the receiver and said "its not like he is going to get hurt".....................It doesnt matter what he paid, that is completely irrevelant, the ONLY thing that matters at this stage of the game is what the BUYER is willing to pay. __________________ Trust in the LORD with all your heart, mind and soul......... front sight, press. repeat as needed! 01 FFL :biggrin: Transfers $20 orders actual dealer + $50 Clay Center, NE

September 14, 2007, 09:39	#34
7.62x39 Registered FALaholic #: 19249 Join Date: Feb 2006 Posts: 107	So basically you feel it's alright for some moron to place a high bid at the end and render the whole auction null and void. I can bid $1000 dollars for a receiver, then back out, and we should expect the #2 bidder to pay $1000 I never had an issue with litsnsirn over this. As far as I know he was a victim here too. But hypothetically speaking, suppose I had something being auctioned here and the bids were not what I had hoped for. What would prevent me from having a friend throw in a shill bid to drive the price up? If nobody bites, I just say the guy backed out. The problem does not exist at a real auction site like gunbroker because the bids are binding. I have no idea if TimP ever intended to go through with the deal or not. But I think what should have happened, is that he should have paid the difference between the two bids. (kind of like a stupid tax) That way litsnirn would have got the high bid amount, I would have got the receiver for my bid price and hopefully it would have taught TimP a lesson, not to make commitments that he can't/won't fulfill.

September 14, 2007, 09:52	#35
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	high bidders back out sometimes, when that happens the seller is no longer obligated to sell, that's the way all auctions I've seen have worked, including gunbroker and ebay. You still had a chance to get an Imbel for $425 which was a steal, market value is at least $450 right now, and I just wish this had been on sale when I paid $500 for one in April.

September 14, 2007, 10:08	#36
G2 Veteran Member Bronze Contributor FALaholic #: 17338 Join Date: Apr 2005 Location: USA Posts: 1,466	On 2 occations I sold (so I thought) fals on GunBroker. Both times the high bidder failed to pay. Guess What??, I left a shitty feedback and had to relist. No obligation legally or otherwise. I was refunded the listing fee after 18 days. But, no obligation to sell to ANYONE else that had been involed in the bidding. Both rifles sold on the second listing. But, if the high bidder fails to comply, thats the end. Relist or what ever. If I had an auction here on the Files and someone backed out after winning the auction, I would leave - feedback, and offer the item to the next to last bidder at the final bid price. Depending on the difference and my eagerness to sell, see what we could work out. 425 is not a bad price for the Imbel Rec. Last 3, I bought, that's what I paid. It has been mentioned that the original price paid for the receiver was probably 200.00, that is Bull Sh**. Completly irrelevent, market sets the price, PERIOD. I happily paid the 425.00 and look forward to building a nice para on this receiver. G __________________ When you are going through difficulty and wonder where God is, remember the teacher is always quiet during the test.

September 14, 2007, 17:29	#38
tracyballard Registered FALaholic #: 22431 Join Date: Nov 2006 Location: Amarillo Posts: 3,410	I can't believe my lottery idea didn't get more consideration...

September 25, 2007, 23:40	#40
kev Curio & Relic Contributor FALaholic #: 71 Join Date: Jul 2000 Location: Indiana and various others Posts: 3,782	I feel stupid dragging this back up from a month ago, but for anyone who's still watching,............................PAC Gear Logo's were going for $300 each dealer cost back in 2000, IF you could find them. They were in VERY short supply. I waited months to get mine from SARCO. I wouldn't sell them today for $425 after having the money tied up in them for all these years. __________________ Gun control is not about guns; it's about control. RUE?

September 26, 2007, 16:54	#42
7.62x39 Registered FALaholic #: 19249 Join Date: Feb 2006 Posts: 107	I thought this was a dead issue, Why drag it back out again? But since you did, I did not miss out on anything. It went for more than I care to pay, end of story. I am in absolutely no rush to build this rifle, I have two safes full of things to shoot, including a FAL and enough AK and other kits to keep me busy building for a long time. You kind of took my quote out of context, I never suggested that he should sell the receiver for $200 as in you selling your Camaro today for $6000. I realize full well that things are worth whatever the market will bear. My problem was never with the seller, I'm happy that he found a buyer willing to pay what he wanted. My problem is with somebody who makes a bid on an auction item, then doesn't follow through with the commitment, thereby screwing up the whole auction. If you don't have the money, don't bid on the freakin thing.

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