For sale Benelli 11711 NIB

[JTKZM4]

I’m preparing to list my NIB never assembled Benelli 11711 LE  with original box , on gun broker.   I’m thinking $6500 buy it now and let it run for a week or two, and if it doesn’t sell. No reserve auction ,any thoughts? I was also trying to DM the member who was looking for one eight months ago or so apparently my account’s too new to DM. 

[bambihunter]

I doubt it will go quite that high like things were doing during the peak of COVID, but if you aren't in need of an immediate sale, no harm in starting it there. I think it would sell for sure for $5,000 so if you are in need of an immediate sale, set it at that. Personally, I'd set it a little lower than that, with a 14 day run time and no Buy It Now option. Let the market dictate what it will bring. Sometimes bidders will get into a bidding war and things will go for well above what they're worth. I'd maybe be interested if I didn't already have one in same condition. If the money I have saved wasn't already earmarked for a SPAS-15, I'd be tempted to get a second 11711. Those SPAS-15's don't come up for sale very often at all. So, when they do, I have to be ready. 🙂

Gunbroker will give you great exposure. I buy most of my stuff there because I like odd, unusual, and rare stuff like this. 

The reason you can't PM the other person is because you have to have so many posts before you can. I believe it is 5 posts. So, just be active on the forum. Not implying you would, but don't post junk just to get your post count up or admins will block your account. You could start by replying to that thread you are talking about.

[JTKZM4]

Thanks for the advice, if I understand it right, you’re saying start an auction at $4000 or so, and sit back and watch it spin like a bonus on a slot machine! Whatever the final bit is, is what that gun is worth today. And then everyone will know. I have zero experience selling on gun broker, but it sounds very similar to eBay. I have bought and sold hundreds of items on eBay over the years and I believe I have only gotten a great deal one or two times buying. So let the market set the price. And since the final price is unknown at this time, putting it out, buy it now for $6000 is just kind of a fishing expedition.

[rubicon20032003]

Seen a few at oaks show..They were 5k and were still sitting on table’s lastday 

[bambihunter]

Yes, you could maybe start a little higher if you wish, but generally speaking it's best to start a little lower to get people bidding. A lot of sellers, including some friends of mine, swear by the penny start auctions. I've never been that brave however on these higher dollar auctions. They say occasionally they lose money on one here and there, but as a whole, they think they do better on average.

I wouldn't set a Buy it Now. Reason being is I've seen a bidding war take off and it seems like it will surpass the Buy it Now price but of course rather than doing that, someone will just hit the Buy it Now button. But, that does of course give you the possibility of it ending early if you'd really rather it end earlier.
You've seen the market on eBay so you know how odd it can be, you sell 1 widget for $5, the exact same widget next week for $7, then another week for $25, then back to $5 the week after for no apparent reason. It's a fickle mistress.