Rock Island Auction Company’s $7.3 Million Regional Firearms Auction!

By Justin Stakes

Rock Island, IL -(AmmoLand.com)- As you may have heard us mention once or twice, the 2016 February Regional Firearms Auction was the largest event to date in Rock Island Auction Company’s history.

With 9,000+ firearms and over 4,400 lots, we had to add an entire extra day of auction! When you make a change to a winning formula, sometimes there can be an air of uncertainty, but those concerns were dashed as the auction grew nearer and we continued to receive a record number of bids.

By the end of the auction, we had a new record for participation – nearly 22,000 sealed bids – to accompany the record number of items. Those sealed bids are ONLY those received through the RIAC website. It doesn’t even include the participation we saw via live bids, telephone bidders, plus the sealed and live bids on third party sites such as Invaluable and Proxibid. When the dust finally settled from this lengthy and firearm-packed weekend, we had yet another new record on our hands: a realized total of $7.3 million dollars. The weekend’s strong participation …Read the Rest

Source:: AmmoLand