Has anyone worked with these folks

[hammAR]

Has anyone worked with this gun auction house - Items are located at the K-BID Warehouse at 5030 Hwy. 12, Maple Plain, MN 55359

http://www.k-bid.com/cgi-bin/mnlist.cgi?klosteria28/category/ALL

They have a DPMS Panther Arms, .300 Rem, Short Action Ultra Mag (RUM), Mod. A-300., the highest end to modern 300's. Seller kept clean, big game, long range shooting. Stainless fluted bull barrel, raised Picatinny rail, 11 plus pounds....its at $875 currently and Auction Closes Tuesday, January 26, 2010 at 6:45pm Central............

[Norsesmithy]

I've bought some stuff from K-bid, it seems to be pretty reputable.

Haven't bought any firearms though.

[FirearmFan]

My friend has bought off k-bid before. I don't think he had any problems but I'll ask him and get back to you.

[westberg]

Did you forget, your suppose to be reducing not adding............unless it's a caliber that works well at sea level.

[hammAR]

Did you forget, your suppose to be reducing not adding............unless it's a caliber that works well at sea level.

Oh shoot it, I saw the 300 RUM and figured it would make a hell of a drink.........
besides with a 300 RUM I can get rid of all the 223's and shoot deer.......that is consolidation

[PhilaBOR]

I work down the street from K-Bid. I went in to see their guns in an auction last year, but have never bought from them. I think they're an old-line auction house gone .com. They do a lot of online auctions.

BTW, I own 2 DPMS Panther LR's, a carbine and one similar to this one only in .308. I really like them. I shot the long gun in a 300 yd F-class practice and it seemed quite accurate (probably better than me).

Phil

[onebohemian]

I bid on a couple guns a couple years back. Both times I drove out to their shop to inspect the guns first. Although they recommend you do that before you bid, they seemed surprised to see me both times. Nonetheless, they showed me the guns each time. One was a S&W Model 10 that was listed as excellent condition. Upon inspection, she wasn't "excellent." The cylinder hung up something fierce on at least one chamber as I turned it. The guy showing me the gun said he thought it just needed a little cleaning and possibly some tuning. I don't think that would have been enough as I couldn't tell if it was dragging at the front or the back of the cylinder. Regardless, I figured if I could get it for a song, I'd have myself a nice project gun. Unfortunatley, when the item came up for bid, I watched its price rise way beyond what I would have been willing to pay for it had it been in excellent condition. (I had researched the big S&W book as well as Gunbroker for estimated prices.) As with ebay and gunbroker and all the other "auction" type houses, there's 5 moron buyers for every one that knows what the items selling are actually worth. The guy that bought that model 10 got screwed royally, but it was his own fault for (I assume) not inspecting the gun ahead of time.

The worst thing about the place is that once you've won the item, you then still (typically) have to pay a 10% "buyer's premium" on top of the bid price, plus you'll have MN sales tax on that entire amount as well. I can understand the sales tax, but the "buyer's premium" is just plain old profit on top of the money they already make on the sale. I suspect they pick up most of the stuff they sell way below market value.

Bottom line is that I think you're much better off buying from someone with excellent feedback on Gunbroker even with the FFL/shipping fees on top of your wining bid there.

My 2 cents,

[Norsesmithy]

I am pretty sure that they don't own anything they sell.

If you want to sell a gun, you can take it to them and it will get put in their firearms sale.

[hicap45z]

I've bought several things (no guns) from them and found them to be very good folks to deal with.
Bear in mind that there is a 10% buyer's premium on any bid you make.
The prices seem to wind up ridiculously high on guns, though.

Z

[45usp45]

I have purchased machine tools from them no guns.No problems that I recall.

[mnglocker]

I know the owner of the shop, he's good people.

[Big_R]

I've bought stuff from them. Onebohemian pretty much nailed it; make sure you inspect, and expect to pay the 10% buyers premium.

While I was picking up my most recent acquisition (air compressor), I talked to the guy who handles their firearms sales. He seemed decent.

R

[Grandpa Rex]

I have bought and sold from their firearms auction and have had good experiences. You must be careful about the buyer's premium and taxes. They add up quickly. I recommend inspecting or at least figure their descriptions are slightly inflated/incomplete.

Lately there are few deals to be had...like many live and online auctions, there are usually a few people with too much money and too little sense!

On the other side, it can be a great place to sell items that are unusual or less than new...the people bidding up items have money to spend.

I have done very well on some antique arms with less than stellar condition...I was very happy with the outcome.

They have a firearms auction every month or two and it is well worth monitoring... if the gun gods are smiling you may even come away with a deal!

[Big_R]

GrandpaRex:

When you purchased firearms was there any transfer fee on top of the buyer's premium and sales tax?

R

[Grandpa Rex]

There wasn't a transfer fee the times I bought. Check the details of the auction for information.

I am yet to run into a fee other than the buyer's premium and tax on any Minnesota auction.