Auction Estimates

[Josie & John]

Hi John,

They say experience is a comb that life gives you once you've lost your hair ! I'm sure you would agree, research is essential before buying anything of value whether at auction or from elsewhere. It's also always a good idea to visit auctions on viewing days and if possible take somebody along with you on the auction day to prevent things getting a bit carried away.

Happy Easter

Brian

Absolutely Brian. All this happened way before the internet and specialist books were published on the subject. I think researching is a lot simpler today plus I have learnt a bit since that 'near miss'!

Happy Easter to you too.

John

[piggy589]

Saw this lot on offer at an upcoming auction. If only these estimates were anywhere near some of the the finally realised prices.


http://www.the-saleroom.com/en-gb/au...f-a46c0107e651

Regards

Brian

I think they're sometimes referred to in the trade as come and get me estimates,designed to increase attendance on the day of the auction.
The less initiated being highly disappointed when bidding finds a more realistic level.
Going off subject slightly,I entered some architectural artifacts in a Bonhams sale last year,they quickly went to lower estimate,great they've sold,or so I thought.
On contacting the valuation expert, I was told there had been no interest,the auctioneer had been bidding off the wall in a attempt to encourage further offers.
I paid the auction house fees and much to the digust of my sister,a former Bonhams employee,reverted to my original plan of a no reserve online auction.
The items attracted a mass of watchers but little in the way of bids,then in the last two minutes things took off,they realised of figure not far off the original valuation.
Closer to home,has anyone an opinion on cheaper classic air guns being broken for parts and sold in online auctions?.

[piggy589]

Saw this lot on offer at an upcoming auction. If only these estimates were anywhere near some of the the finally realised prices.


http://www.the-saleroom.com/en-gb/au...f-a46c0107e651

Regards

Brian

I think that's what is known in the trade as a "come and get me estimate",designed to increase attendance on the day of the sale.
The less initiated being highly disappointed when the bidding reaches a more realistic level.

[Abasmajor]

Hi,

Out of interest the following results from today's Stroud auction:

Lot 1041 The Walther air pistol mentioned above fetched £90 hammer price (estimate £40-£60).

Lot 1045 A MK1 Webley and Scott air pistol SN23189, holster, canvas bag and pellets fetched £300 hammer price (estimate £60-£100).

Regards

Brian

[piggy589]

Hi,

Out of interest the following results from today's Stroud auction:

Lot 1041 The Walther air pistol mentioned above fetched £90 hammer price (estimate £40-£60).

Lot 1045 A MK1 Webley and Scott air pistol SN23189, holster, canvas bag and pellets fetched £300 hammer price (estimate £60-£100).

Regards

Brian

Lot 1102 went to top of estimate at a more modest £40,now all I've got to do is collect it,is anyone travelling north via Chester Zoo in the near future?.

[walnutfarmmick]

Closer to home,has anyone an opinion on cheaper classic air guns being broken for parts and sold in online auctions?.[/QUOTE]

Never mind an opinion. I'm sure several on here have done it and I'm equally sure that they'd be embarassed to admit it, especially on here. I know I would be.

Having said that, if you've kids to feed..

As an aside with apologies for thread hijacking:

I've been very critical in the past of a pal who's got so many kids I used to suspect that his girlfriend didn't really like him and was just trying to lose him in the crowd (6 + !). He was a selfemployed haulage contractor when it was just possible to make a living (assuming that you'd shape yourself and hustle for work) as such but also had a roadgoing Manx Norton. I'd have loved the Manx but it'd have had to go if the coffers were empty.

ATB, Mick

Incidentally she kicked him out and the kids don't want anything to do with him. He's still got the Manx.

I'm sure there's a moral in there somewhere but me and my bottle of schnapps can't quite see it. I'll be happy to discuss it at MM tomorrow. Remind me what I said.