Rock Island Auction: Group Buy?

22Shooter · Jan 20, 2015

Not sure if this is the appropriate place for this post, but does anyone follow or participate in the Rock Island gun auctions? Alot of the pieces being sold are in lots of more then one firearm. I'm personally not a designated collector so that would be problem. I was wondering if anyone would want to "group buy" a lot if there were mutual pieces they'd want.

lee2 · Jan 20, 2015

i believe that would be illegal.

Casey · Jan 20, 2015

where are these auctions you speak of, one could buy as many as he liked ( given he or she meets all criteria for ownership )
if after I took possession of my ( 5,7,10 ) items, If I was inclined, I could sell them to another person via proper channels..

lee2 · Jan 20, 2015

Casey said:
where are these auctions you speak of, one could buy as many as he liked ( given he or she meets all criteria for ownership )
if after I took possession of my ( 5,7,10 ) items, If I was inclined, I could sell them to another person via proper channels..

what he is suggesting is a straw purchase.

22Shooter · Jan 20, 2015

I don't think it would be a straw purchase. If one lot consists of 3 firearms, and 3 people each decide there's one that they want, and agree upon a maximum bid and throw in the money. Say they won, all 3 go to the chosen FFL and pick up their respective firearm.

22Shooter · Jan 20, 2015

They send out a catalog when they're having an auction. I received mine today. I know they have a website and last year I entered with phone bids but lost

Mark75H · Jan 20, 2015

It is legal if the buyer is an 01

lee2 · Jan 20, 2015

22Shooter said:
Not sure if this is the appropriate place for this post, but does anyone follow or participate in the Rock Island gun auctions? Alot of the pieces being sold are in lots of more then one firearm. I'm personally not a designated collector so that would be problem. I was wondering if anyone would want to "group buy" a lot if there were mutual pieces they'd want.

intent.

22Shooter · Jan 20, 2015

The intent would be to purchase one firearm from a lot, while other buyers get what they want. I fail to see how that's illegal. If I posted 4 firearms in the classifieds section and sold them as a bundle for $400, 4 users each want one and decide to throw in $100 each, then meet up and make the transaction. That's not illegal.

22Shooter · Jan 20, 2015

Granted everyone can legally purchase/own the firearms they wanted

Fox123 · Jan 20, 2015

Because that's not how auctions work? An auction has only one winning bidder, not 4?

lee2 · Jan 20, 2015

Fox123 said:
Because that's not how auctions work? An auction has only one winning bidder, not 4?

ding ding we have a winner!

22Shooter · Jan 20, 2015

Also the website is www.rockislandauction.Com
auction date: February 19-22, 2015
Over 6,500 firearms

This auctions catalog is probably about 2 inches thick lol

plinkerton · Jan 20, 2015

They go after ex-cops, they'll come after you. Queue Starwars Imperial March

http://www.pbs.org/newshour/rundown/supreme-court-sides-gun-control-groups-straw-purchase-law/

bigalf · Jan 20, 2015

simple solution. become a MD collector. it's free. buy the lot sell the rest.

embermage · Jan 20, 2015

lee2 said:
ding ding we have a winner!

So you form a LLC for the purpose of doing the auctions

Robert1955 · Jan 20, 2015

Just get a FFL willing to make the purchase and have them do the transfers.

lee2 · Jan 20, 2015

embermage said:
So you form a LLC for the purpose of doing the auctions

exactly how does that work? are you also getting an 01ffl?

22Shooter · Jan 20, 2015

A lottery can be won with separate multiple party's l, why can't an auction?

22Shooter · Jan 20, 2015

plinkerton said:
They go after ex-cops, they'll come after you. Queue Starwars Imperial March

http://www.pbs.org/newshour/rundown/supreme-court-sides-gun-control-groups-straw-purchase-law/

Again, the article said they were trying to bypass paperwork. That's not what I'm suggesting at all. I'm not saying everyone give give one guy money to place a bid. I'm suggesting X amount of people pool their money as a group to win individual items, in a lot

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