Local Auction Firm Able To Respond To Intense Interest In Guns, Ammo

  • Thursday, March 26, 2020

All around the United States there has been an uptick in activity regarding gun and ammunition purchases. So much so that the selection in many stores has become similar to what shoppers have seen in grocery stores nationwide - bare shelves and low supplies.


Fortunately, the auction industry hasn’t been limited by conventional supply chain shortages.

Compass Auctions & Real Estate recently held a gun and ammo auction with well over 1,000 bidders involved from 48 states. 


Compass officials said, "We were able to give that audience a wide selection of choices in firearms and had a hefty supply of ammunition available as well.


Steven W. Holt, vice-president Compass Auctions & Real Estate, said, “The auction industry benefits from the fact that not only can we obtain new merchandise for sale, but that we also have private, business, and government consignments looking to our firm to move massive quantities of items as well as firearms and ammunition.”


He said so much new merchandise has arrived that another gun and ammo auction is scheduled for Saturday.


Bidders can get view of the catalog and links to bidding at the company website, www.SoldonCompass.com or contact Miller Haynes, Director of Firearms Sales, at 423-702-6180.


The fact that Compass had a massive national audience lends itself to the appeal of selling at auction as well as having the ability to offer the items in a “Buy It Now” shop online. According to Mr. Holt, the new store concept will offer customers more flexible sales and purchasing solutions while continuing to provide our established auction buyers with the unmatched values that they’ve come to expect.


“We love the simplicity — and the action — that auctions give buyers and sellers,” said Mr. Holt. “We didn’t want to interfere with that. So when creating the pop-up store, we focused on a buy-it-now solution that seamlessly complemented our existing auction solutions.” Firearms is one branch of Compass, along with vehicles, real estate, industrial assets and government surplus.


“At the end of the day, we’re all about giving sellers more ways to reach more buyers.” Mr. Holt said. “We’re a solutions company. That’s what we do.”

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