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General Philatelic/Gen. Discussion : Auction House WOES

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bicolor04
12 Jul 2019
01:03:25am
First off I am not bagging anyone out here.

Why am I selling some of my stamps, because I have 3 children and 8 grandchildren and none are interested AT ALL. So if you/one think's that what you have accumulated over a life time, that you can pass on the collection's to, and be appreciated, for what you have accumilated and have family add to it, better ask the relatives that will survive you.

I have some items I was thinking about sending for Auction, to 2 of Australia's well known Auction Houses, and I am going to name them, and have the paper trail to prove I am not telling fibs.

The reason to Auction is because I do not seem be able to sell items on a regular basis, or even just sometimes, over AUD$500, or over $30 on Ebay from my Store. Lower costing items on Ebay sell very well, me packing and posting every day.

So I sent an email to Status Auctions with pics of PNG/AU 1934 First Flights (ULM Faith in Australia x 3) as examples, other scans to follow if intersted. An email was received that they would be sent onto the Philatelic Department.

8 days later, no response from Status to me from the Philatelic Department, not even a thankyou for your interest in Status, and I have an account with them and purchase regulalarly.

Email No2. I phoned and then sent scans of examples of 1953 Produce Food, half sheets, perfin Pip blocks, some rare FDC.s (Byron Bay), print varieties etc. to Abacus, I am a registerd buyer there as well. No response.

Now why is this, do what I wish to sell is garbage, I do not know.

I have a thought ? , Methinks maybe I will put them in the mail and send (is that what they want), me hoping for a positive result, they have the items, I do not, balls in their court. Am I wrong, maybe, anyone else have similar experiences with Auction Houses in Australia.
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DaveSheridan
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12 Jul 2019
02:41:02am

Approvals
re: Auction House WOES

I visited an auction house with a consignment of material, and waited while the owner saw another potential consignor. Their lot was rejected as not being worthwhile, whereas my lot of Falkland Island covers was accepted. It may be that they don't see the items as a large enough consignment to interest them.

Of course, it would be nice to get a reply to that effect

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Brechinite
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Neddie Seagoon from The Telegoons
12 Jul 2019
04:15:58am

Auctions - Approvals
re: Auction House WOES

I must be very fortunate.

I have an auction house in Dundee where I sell mixed boxes. These boxes contain the left overs that I do not want.

There are also two stamp shops in Edinburgh that hold several auctions a year. They sell mixed boxes, country lots and individual stamps. Each sale has about 450 to 500 lots.

They are not the large "big boy" auction houses like Gibbons, Philips or Christie's but they have quality items, some selling for £1000.00+ other items from £10.00.

I stay away from the "big boys" as their commission rates are too high and you have to wait months for payment.

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bicolor04
12 Jul 2019
04:53:41pm
re: Auction House WOES

Yes Dave, weather the material is useful or not, a reply, and a thank you would be common courtesy I would think. In my day it was, maybe now as time has passed and into retirement things have changed.

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Brechinite
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Neddie Seagoon from The Telegoons
12 Jul 2019
05:45:47pm

Auctions - Approvals
re: Auction House WOES

The biggest failing nowadays is that dreaded word...."email".

Still the best way to contact a company is by person, failing that the next best method is by telephone.

Speaking directly to a human being is the only way to initiate contact with any business.

Emails can easily be missed/misunderstood/left to another member of staff or ignored completely.

Interaction with a human is by far the only way.

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cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
12 Jul 2019
11:28:01pm
re: Auction House WOES

I am not sure what the problem is, but one answer may be concealed
within you own sentence;
" .... The reason to Auction is because I do not seem be able
to sell items on a regular basis, or even just sometimes, ...."


Auction Houses are in business to turn a profit, as quickly as possible
with the least expense to them as possible. They are not well known for
their eleemosynary tendencies. Time expended is as much
an expense as the accounting paperwork required to keep track of
what is often several hundred "OP's" lots being preped for the next
several auctions.
If you have had no luck on eBay or your own online store, and
your own estimated opening price is not excessive, I doubt what
you are asking them to handle is being viewed favorably, probably
for their economic reasons.
One other possibility that comes to mind is the fact that well organized
auctions are prepared over a period of time. I have no doubt
that a major house works six or eight months in advance, evaluating,
verifying, lotting, photographing and even deciding whether your lot
will fit in well with other similar lots for a particular auction date.

And yes, a response might be the polite thing, but the danger is that
an immediate response could be thought by a seller to be a commitment
to add your treasures to the next auction being held, leading to
further unneeded aggravation.



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philb
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13 Jul 2019
11:01:41am

Auctions
re: Auction House WOES

On the other hand..a fellow i know decided to sell his extensive collection and concenrate on covers. Harmers in California sent two representitives for two days to Canada to go through his albums and did not charge him shipping for two rooms full of albums. Perhaps an exception to the rule?

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bicolor04
13 Jul 2019
09:49:50pm
re: Auction House WOES

cdj1122, there is no problem. The topic was, "Auction House WOES".
Yes, as in all business there is hours spent that does not turn in profit, that is expected and accepted. Having been a business owner one has to look, feel, think of sales, etc. That is the norm. But most important of all is your client, why, BECAUSE IF YOU TREAT THEM WITH DIGNITY THEY WILL COME BACK

Spending week ends paying bills/invoices, re-ordering, that is business. If one thinks that all the hours spent running your entity you own will/does generate income from these hours (bills, invoices, cataloging, listing etc). You are living in a dream

But I did not dress in a suit and tie and auction/travel the world selling what I did not own.

You have a few Philosophy attachments to your member ID, think on this, MISS UNIVERSE - Why does the winner always come from the Planet Earth

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philb
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13 Jul 2019
11:20:24pm

Auctions
re: Auction House WOES

I can relate..it may make a difference if you are a big spender with the auction house and have a $300,000 collection.

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angore
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Enjoying the little works of art
14 Jul 2019
06:05:33am
re: Auction House WOES

From reading the original post, does the seller think that the auction house is going to yield better results (higher returns) than selling yourself? Is your material overpriced? You may be disappointed on returns after sale premiums.


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cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
14 Jul 2019
07:55:00am
re: Auction House WOES

" ... Yes, as in all business there is hours spent that does not turn in profit, that is expected and accepted. ..."

Sorry #4 but you seem to confuse the source of billable hours .
You set the amount that you charge for an hours work in your business, or the price of what you are selling, to cover all those seemingly miscellaneous expenses.
You may not charge some particular customer for spending an hour evaluating a collection or perhaps spending some extra time , for instance extra special packing of some sold object for shipping, but those expenses must be allowed for in either the charge for your time to other customers or the way you mark up the goods you are selling.
I'v e seen some small businesses fail that did not understand that giving time to a "good " customer must be paid for by the rest of the clientele or the business will fail. The cost of such "good will" may be an excellent investment with ample future return, real or potential, but when setting a price structure an intelligent estimate must be allowed for that along with heat, light, cooling, electric and advertising.
Some businesses generate a gross profit built into some mystical percentage of the cost of goods to be sold,(% markup) others on an estimate of billable hours, and some on some combination of the two. but unless all available costs are covered, there may be a warm fuzzy good feeling but little net profit left to take home at the end of the week, and the bank will not accept that seemingly ethereal concept in lieu of a mortgage payment.

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".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
bicolor04
16 Jul 2019
02:20:35am
re: Auction House WOES

cdj1122, What you say is all true, but you cannot worry about the electricity bill when doing a deal or buying to sell, it will do your head in. It will take your concentration away from the project in hand.
We have left the topic here a little i think, but it is still an interesting discussion.
Profit from purchase/auction material is what puts money in the Bank, "on cost" is part of life for a business owner. But "on cost" is a Tax Deduction at the end of the financial year. You understand what "on cost" is ?
All Good.
Back to philosophy, Think on this - Two things are infinite, the Universe and mans stupidity, and I'm not all that sure on the Universe.


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bicolor04
16 Jul 2019
02:31:21am
re: Auction House WOES

ethereal concept?, give me a sentence with reference to/of a mortgage payment from your last post please.

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cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
16 Jul 2019
03:00:01am
re: Auction House WOES

" ... you cannot worry about the electricity bill when doing a deal or buying to sell ..."

That is why a good well planned deal starts with a business plan that includes such details.

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