SIGforum
Rock Island Auction Co cuts ties to Invaluable, AuctionZip sites

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/1170049244

June 11, 2018, 12:08 PM
Sigmund
Rock Island Auction Co cuts ties to Invaluable, AuctionZip sites
This is just across the river from me, I've never visited the bldg and never heard of those auction sites.

https://www.rockislandauction.com/

Article:

https://qconline.com/business/...82-1d37c933d92a.html

Gun auction cuts ties to Invaluable, AuctionZip sites

June 11, 2018

ROCK ISLAND -- The Rock Island Auction Company has pulled its entire June 21-24 Regional Auction, as well as its nearly 10,000 guns listed online, from the online auction sites Invaluable and AuctionZip.

RIAC officials said their action came after the May announcement by Invaluable that it no longer will sell "all Class III weapons, assault-style semi-automatic rifles" and other items.

RIAC officials said people can still place sealed or absentee bids online at rockislandauction.com before the auction begins or they can use the new RIAC Live bidding service. The RIAC Live bids service has a 1 percent fee; Invaluable charges 3 percent.

Located at 7819 42nd St. W., Rock Island, RIAC recorded more than $63 million in firearm auction transactions in 2017. For more details, visit rockislandauction.com or call 800-238-8022.
June 11, 2018, 01:51 PM
jljones
If my math and understanding of the article is correct, Invaluable just flushed nearly $2 mil in profit to virtue signal on this company alone.




www.opspectraining.com

"It's a bold strategy, Cotton. Let's see if it works out for them"



June 11, 2018, 02:04 PM
RHINOWSO
Your math is correct.

Good on RIAC.