Nope.

   Joe.

smoke810 wrote on Jan 13^th, 2014 at 9:16am:


Don,
By saying:no communication of any kind, are you saying they have not contacted you, or that you have attempted communication with them, and received no answer ?????
I have never dealt with these people, so I am not sure what is going on; but the sale was only this past Saturday.
I can tell you that in dealing with other auctions that entertain absentee bids,I usually have to wait a few days for them to go through their records to get everything sorted out before they contact me of a successful bid.
If I wanted to know asap, I've always been able to call the auction house and talk with a secretary who can look up the lot number to see to see what's what.

Morphy seems to be somewhat of a new comer to gun auctions; but I can tell you, they have been doing a LOT of high end antique auctions over the last few years, and they wouldn't get good material if they were shady.
It's probably a case of data overload and they have to review all the transactions, and verify the info before they go ahead and contact people.
But as C.M.M. has advised, don't expect a "better luck next time, thanks for bidding" email.

Sorry you got beat out; but at least you have your $$$ to fight another day.
These auction houses with internet bidding can be tough to buy from unless money's no object.
They charge a (larcenous)  buyer's premium, and then some even want 10% of your max bid as a down payment to boot.
Then throw in a crowd of salivating bidders who get the "fevah" and can't stand the thought of going home without whatever it is they can't live without, and you have a feeding frenzy.
Record prices are recorded and it soon becomes apparent how these auctioneers eke out their existence.
I'll wager their commissions are 20-30%
Morphy claims 80 lots/per hour. If those 80 items average $500 each, it adds up quick.

Don,
Amazing isn't it ??
Yet a similar gun offered at that price on G.B. by a well known dealer would never get a bid.
There is definitely some psychology at work .
I've seen the same thing at estate auctions: A .38-40 Whitney-Kennedy lever comes up that is in NRA antique good-very good condition, and sells for around $3200.
The same condition gun on an internet only auction goes for $1600.
All I can say is, it pays to shop around.