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Big Gun Auction Draws Big Crowd

322 views · Published 2 January 2013 · 2:43 · Indexed 19 October 2026

Channel: WTVC NewsChannel 9 · 2013 · News & Politics

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by John Madewell� � A gun auction in Cleveland attracts people from across the region with firearms proving to be a hot commodity.Among gun supporters, the desire to buy has risen since the Sandy Hook massacre and fear of possible gun bans.Some buyers had their sights set on certain guns: semi-automatic ones and assault-style rifles. After the Sandy Hook tragedy, these are guns, especially the assault-style rifles, they fear may be banned.Auctioneer, gun store owner and organizer Terry Posey worked the microphone with rapid precision, It's unfired, got a hard case with it and a 30 round mag it looks like -- Bushmaster.That gun was the same brand name as the one used in the Sandy Hook massacre and similar in style. It and other assault-style rifles are also popular among buyers at this 500 person strong auction.20-year-old William Medford said he's been to seven or eight auctions. He's neighbors with Posey. I was looking to see what the guns that look like the M-16's are going for because those are the ones that everyone's saying are probably going to have the stricter laws so far, so seeing how much they sell for.This Bushmaster went for ,500. Many customers felt this was a seller's market with guns pulling premium prices. But Bill Morgan said that's not necessarily true. He would know.He owns a gun store in Varnell, Georgia and helps out when Posey hosts his auctions.Morgan said, The range, they're bringing a little less at this particular point in time at auction versus what some of the Internet sales are bringing. They're bringing in the 8 (hundred) to ,000 range and up. Some of the guns here are bringing 13(hundred), 15(hundred), ,800 here. You can actually pick up a bargain.California Senator Diane Feinstein,(D), wants to ban guns like the Busmaster AR-15 and other semi-automatic ones with ammo capacity of 10 or more bullets. Sen. Feinstein plans to introduce a bill next year.�

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