The items I won during the auction all sold for the maximum amount of money I was willing to bid?
At RIAC we try our best to win the lot for each customer for the lowest price possible. Remember that many times customers are trying to bid as little as possible to win an item. For example if you bid on 10 lots in the auction, you won 2 of the 10 at your maximum bid amount. This also means you lost 8 items as your bid amount was too low. There are thousands of bidders in each auction. You are bidding against others that also know the value and want to win for as little as possible. If you placed low bids on 100 lots and won a single lot for your maximum price, that is a success!
Have Other Questions?
We are the best place to sell your guns! As a firearms auction house, we have one common goal
with our consignors: achieve the highest possible price.