Are you an Estate Auction Junky

How many different types of auctions are there, you ask? MANY.

Well, there are Dutch auctions, English auctions, online auctions, Weekly auctions, live auctions, Estate auctions, storage auctions, aaaah… and there’s more!  #####

There are good auctions and bad auctions.

Open or English auctions are the most common. That’s where the auctioneer starts the bidding at a fictitious number, and anybody interested puts up their hand, and yells, ” yup”, or they just blurp out another number to their liking.  As long as the number isn’t too insulting, the auctioneer will go with that number. Any bid is better than no bids, and that’s how they entice the peoples’ interested. It may start at $5, the next bidder $10 dollars until it stops at the highest number.

The man with the most gold does win.

Tip # 1    Auctioneers are ordinary people and after saying that, I mean there are good ones and bad ones.

Some of these auction houses will honestly tell you if there is a defect in the item your bidding on and will price it accordingly. Some will not ….so “BUYER BEWARE” and check your auction houses wisely.

There are many auctions sites that are run by very knowledgeable staff and auctioneers. They mostly sell high-end items, maybe a few cheapies, but that’s all part of an estate. For the most part, good items. Some auction will refuse lower end items. So bring lots of … green stamps, mullah, Money to them.

Tip # 2     Always help the auctioneer out by starting the bidding, most will remember you and will return the favor. Auctioneers like to keep items moving and by getting a bid in early, is better than later.

The general rule is,  they will go through at least a 100 items an hour. Some auctions have their items tagged/numbered so you can get an idea when you’re watched furniture is coming up. … But most do not tag the item.

Tip # 3    Always, if you are the lucky buyer and think you scored big, remember that you have to add the Taxes on and of course, the auction house fees (15-20 %.).  We all forget that part of the heat of the moment. In our part of the country, it’s another 25% on top of the bargain price of your item.

During the weekly auctions, there seem to be 2 groups of people that go. Weekends they cater to family and working-class people (with real jobs). You will see some of the older group; they may be out for the odd deal or just to stay active but that’s a good thing. Not all retired people go to the sunny south or even wants to.

There are buyers/dealers that take the buy-and-selling thing quite seriously and this is their motto,

“Buy low, sell high, “that’s a good thought.”

The fun for us is the chase, buying something Unique, going home, do a little research. We like to think that we have trained our eyes to look and find different things of interest, out of the norm, artifacts that you haven’t come across before, things you cant even find it on E-bay. That could be a really good thing. Eh

After refining our research, and your lucky enough to find some information that maybe, just maybe it come over on the “Mayflower”, or with “COLUMBUS”  “ That’s a bonus!”

The Web is a wondrous thing.  It can consume your time or you can use it to your advantage.  It’s all there for the taking.

So, we don’t just buy to have things, we buy to sell. There is a name for people like us and we are called “Mercenaries” Colorful Label. It means we try not to get attached to anything.

Tip # 4     Buy only things you can carry and move. Do not expect anyone to help you.

Example, to move that big safe you bought because it was cheap,

No-Can-Doo,   CANT FIND ANYBODY TO HELP.

Most of these auction houses and I don’t know why do not have people to help the patrons load their treasures. Some things just boggle the mind.

Tip # 5   Buyer Beware.    Have Fun, look the items over well, especially the ones that you’re interested in.  You don’t need any surprises when you get it home. Bid and buy what you can afford. Set yourself a limit to what you want to spend, try not to go over that set amount. We all get caught up in the moment and sometimes pay faaar too much.

AND THEN THERE’S THIS SAYING

This Famous Storage Auctioneer from London Ont.  rule was,

“should have, Could Have, BUT DIDN’T”   … Eh!

Have fun at the auctions and let’s make some “MONEY”.

Did I say we have many Antiques and Collectibles FOR SALE?

If my posting is not correct, please go to this link.

 

 

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Antique Furniture and Recycling

∞∞∞ What does Antique Furniture and Recycling have in common?

When it comes to wood, well, up to the 20th Century it was plentiful but since then, we’ve been cutting trees down faster than they can grow.

The industrial revolution changed the way we make furniture modernization, assembly lines machine-made products, faster, let’s use more.

Quantity and not quality was the thinking [and that’s not all a bad thing]

Recycling some of that old furniture,( heritage, history) makes a lot of sense in many ways.

Century-old furniture, in most cases, would still be good for another 100 years if they weren’t being discarded, thrown out and in some cases,  just because we need a change.

With a little imagination, you can save many destined pieces of furniture from an unworthy demise and you are doing your part with the carbon imprint problem and overfilling of the landfill.

Breathe new life into something that was built to last, from hard-working, caring people.

If you are a true blue recycler then consider what it takes to make new furniture, the imprint it makes … needlessly.

Just one furniture company, and we’re only talking one, uses 1% of all the global wood a year, mashes the wood up just to make particle board, and that’s how they make their line of furniture.

[Real Wood vs. Particle Board] ??? Google. Particle board for more info.

Trees aren’t getting big enough before they are harvested and the lumber is getting smaller, so they have to find creative ways to do the same with less.

This BLURP is not about industrial revolution, but recycling items from the past with history & personality, and let’s not forget [in most cases quality]

I’m not talking about furnishing your whole place of residence with the old/new refurbished furnishings but if everybody considered a few pieces, it would make a big difference.

With all the colors of the rainbow [paints, stains] at your disposal, with love, care, pride, and imagination, you will end up with a fine piece of furniture that you saved …. And that’s what they call

“RECYCLING”.

Never forget the money factor…..check prices online for the item you’re looking for, ….  a small (student) secretary desk …. curio cabinets, etc and bonus,  you would pay a fraction of the cost compared to a newly made of pressboard,

If you have never considered antiquing before, you might be pleasantly surprised how reasonably priced good old solid furniture is worth.

Please check Reno these sites … Refurbished Furniture … there’s truly a lot of good ideas how to decorate your home with some older furniture that are some cases pieces of  “ ARTWORK”

Let your imagination flow.

Check out your local ..Antique Markets, Estate Auction, Downsizing Sales  Auctions, Garage Sales etc.

Remember antiques older furniture have History, Personality and some have good stories to tell V/S Machine made, NO personality & NO history

I’m not an expert by any means, but we all are trying to do our part …Right.

 

 

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Storage Wars Locker Auction Warriors

So you want-to-be storage locker Warriors/picker, then there are a few things you should know …. “The man with the most gold DOES win” but beyond that the excitement of the unknown …. What’s inside that dresser, …. do you think that toolbox is full, ???. That big 52 In. box the TV comes in, could they have left that big screen behind? … Did they or didn’t they, that gets my blood flowing faster than hang gliding…

THE DOWN SIDE

Now the downside …the excitement of the auctioneer blurping out the numbers like he was in overdrive, well some do and some don’t.  In most cases that don’t happen, it’s very dry and in some cases “borrrring” and with all the reality TV programs there has been an influx of people wanting to do the storage auction circuit, The gold, the old antiques, hopefully, all the money you’re going to make right. ???

But in all reality, some of these delinquent locker owners have fallen on bad times and might not have left you a lot of gold. Some, if any valuables might have been removed by the owner and left you …  the rest,  if you know what I’m saying. …. By the way, a lot of people would bid on this picture/locker.

There are many reasons why the lockers were abandoned, divorces, overcrowding at home downsizing–home to an apartment, death, company closing, but the one that I like the best is the job relocation. The people always plan on coming back, but in some cases don’t find it feasible, so they just abandon the locker.

In the TV program, they cut the lock and you know it’s all for TV hype, all the ones I’ve gone too …we unlock the door with utmost precision with no hype, no drum roll!

Since the TV program American Storage Wars and the Canadian Storage Wars version there have been a lot of newbie’s, new faces, most being caught up in the drama and in my opinion, paying far too much for their lockers, so what do I say ….

“buyer beware and look real hard” and bring a good flashlight.

Buyer Beware

Before the TV program come out most locker companies had trouble finding buyers and many had to dispose and clean out the units themselves at their expense. Now people are coming out of the woodwork to buy these delinquent lockers and, paying good money. Good for the storage companies because they have every right to recoup their rental losses.

But I have noticed that SOME of the unscrupulous storage/locker companies have been taking advantage of the situation and are using some of the auctioned lockers to get rid of their unwanted items, so again buyer beware and buy wisely.

Me …… I have a little Gipsy in me & buying and selling is in my blood. I enjoy the unknown; the hunt and hopefully I don’t go broke buying too many bad lockers.

Tip …. Set a price in mind, and what you want to pay, and that goes for any auction STORAGE, ONLINE or OTHERWISE and be smart and don’t go over that price because things happen fast. Remember, by walking away, you still have your money.

If this tells you anything … “One Day I had to take 5 trailer loads to the dump from one locker”. Who would pay good storage fees to store garbage? And who would be stupid enough to pay to take it
away ….. “ME”

Don’t get caught up in all the TV Auctions … It’s just Good Entertainment.

Watch for a part two.

https://en.wikipedia.org/wiki/Storage_Wars

https://en.wikipedia.org/wiki/Storage_Wars_Canada

If my posting is not correct, please go to this link.

 

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