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Re: Todays load picture


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Posted by paul on March 16, 2018 at 14:12:39 from (76.77.197.114):

In Reply to: Re: Todays load picture posted by 2underage on March 16, 2018 at 11:59:42:

Nearly ever piece of machinery on my real, working farm has come from an auction. There is an art to understanding what is going on behind the scenes. I've been an auction junkie for decades, as was dad before me.

Sounds like they are a specialized auctioneer for collectible Ag stuff, never heard of them. I sure enjoy seeing the pictures posted here from time to time of their stuff.

Auction jockeys don't really bother me, we all find a way to make a living, or pocket cash. They do seem to be middle men, and to get their pocket change, they have to take away a little from the auction seller or the auction buyer. No big deal tho, just part of business.

I still don't see how it works for them tho.

The few times I get down to the Floyd, IA auction, can see big flat trucks lined up by the older 'cheap' items and they stack on 10-15 implements on on top of another, if you can get there when you see them unload before the sale kinda the same stuff on the same trucks packed 12 high..... I would think a lot of bits and pieces get wrecked handling it so much and so high, as to take out any profit from the reselling of it. It is exactly the sharp buyer that looks over the stuff and sees bent and broken bits from all the traveling that will not bid on scuffed up equipment and lower the overall value of a truckload of treasures.

Is what it is and auctions are what they are and people can make money along the way, that's all good.

I just don't see how it works for them, wouldn't seem anything in it for them.

Paul


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