Archive - July 2018

After attending an auction, you ultimately want to go home satisfied with the item that you purchased. You want your item to be a wise investment, not an emotional, spur-of-the moment purchase. For that reason, we have compiled a few words of wisdom on how to determine if an item is going to be worth your time and money.   Here are some steps you should take before coming to our next auction:   1.  Inspect the product – If possible, try to get a preview of the items Read More

Get your head in the game – It can be intimidating walking into your first auction. With swarms of people and tons of products, it can be hard to keep your head above water. Take a deep breath and just relax. Keep focused on why you are there and what products you are looking for. There will be many dazzling and distracting things for sale, but keeping your eye on the prize will help you feel confident when bidding.   Research ahead of time – Auctions can move pretty Read More

Many people who attend auctions do not understand what a buyer’s premium is or why auction houses even charge them. Although it may seem like a random extra charge, it actually works to provide a lot of comforts and necessities for the auction itself.  What is Buyer’s Premium? A buyer’s premium is an additional charge on the hammer price or winning bid at an auction that must be paid by the winner. The premium is charged by the auctioneer as a remuneration. The Read More