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Reply by guitchess

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Posted on Selling at auctions

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guitchess

82 posts in 2396 days


#1 posted 08-07-2012 06:36 PM

If it’s not an auction that sells other stuff similar in value and type to what you want to offer, then you will loose money. Unless you put it up as a reserve auction, then you will just be hauling it back to the house.


Of course, these opinions are based on the “typical” auction houses and their clientele in my area. Quality wood products do not fare well around here.


Basically, unless you have very little invested, know the local auction crowd well, or just want to do it for the experience, I wouldn’t advise it.


Sorry for negative opinion.


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