Re: Auctions: The Good, The O.K., and The Ugly

Posted by farmerboy on August 27, 2006 at 16:03:28 from (209.83.88.75):

In Reply to: Auctions: The Good, The O.K., and The Ugly posted by Blue3992 on August 27, 2006 at 10:53:31:

Local auctioneer has a monthly auction at a public events building. I've been to it half a dozen times over the last 4 years and nowhere else do I see the prices he gets. I've seen more than one item go for more than new. The biggest one that sticks in my mind was a B&D firestorm 12V cordless drill. They had it bid up to 95 bucks before the gavel fell. I don't usually shop at walmart but I happened to be in there a couple weeks later and saw the same darn drill new for 40some dollars. I did get lucky there last time I went - bought a craftsman table saw for 30 bucks. I couldn't believe it and still can't, it's a heckuva nice saw.

I called him to consign some items. Tell you what, he has 'em coming and going. The household stuff is on 17% commission, cars on 12%, tools on 10%, guns on 7% and he whacks the bidders for another 5% on top of the 5.5% sales tax. He said I could forgo the commsion by letting him buy it outright. Hmmm.

Haven't been to that sale for awhile. Not that he misses me. They always have bidding numbers into the 400s

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