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I've just moved seven blocks away from an auction house.

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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-05-09 12:42 PM
Original message
I've just moved seven blocks away from an auction house.
Although the move is temporary and was unplanned, I am pretty damned excited about the proximity! I just looked at the catalog for this Sunday's upcoming sale -- they take bids online prior to sale day. The only drawback appears to be that everything is in very small lots. Mostly individual items. That means there won't be any big lots of stuff real cheap. Box lots. That's where a dealer can find some profit.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 07:54 AM
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1. I haven't been to an auction in ages, but I'd be tempted living that close.
When I first started doing this it was really easy to get a mountain of stuff for practically nothing and find some real treasures, but so many people are on the hunt now it's almost impossible. Good luck! (What happened to living on the farm??)
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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-06-09 11:15 PM
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2. the farm is seven blocks from the auction.
It's a farm-ette. The equivalent of seven city blocks away is a quaint little intersection with some old buildings and the auction barn. I can walk there, and if I walk there I can't bring home a pile of stuff!
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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 09:59 PM
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3. so this auction is very interesting
They have a live feed for internet users so a bidder can listen in from home and bid in real time, live.

This means that the audience is small, and that you never know who your competitors are if they are bidding via the Internet.

The lots were interesting, but I don't know if there will be any possibility of a dealer making money off them as everything is sold individually. I only stayed for an hour -- maybe toward the end things go cheaper.

Honestly, I kept falling asleep sitting there. The drama of an audience was missing, and the auctioneer's voice just made me s l e e p y.
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