Something About an Auction


| 8/17/2017 10:39:00 AM


Tags: Auctions, Sales, Bidding, Auctioneering,
Country Moon

  auction1

There is just something about going to an auction. The excitement, the hunt of what you will find, and how good of deal you can get on an item. Auctions benefit the buyer and the seller alike. There are, literally, some “professional auction goers” who can be found at nearly every auction in an area. Some do it for resale and some do it to add to their own collections of … whatever.

I, myself, am not an auction person. Perhaps I got tainted on them from  going with Jim to farm and antique auctions. It doesn’t matter what he found that he wanted, it would inevitably be the last item sold. Perhaps it is because I am short on patience sometimes, but my idea of shopping is to buy it at the moment I see it. They do, however, provide an excellent opportunity to sell at a fair price — whatever someone is willing to pay.

Recently, I had the opportunity to speak to an auctioneer, Darrel Hartman, and get an idea of what it is like “on the other side of the fence.”  He is a seasoned auctioneer and there is no doubt that he enjoys what he does. He used to do auctions on his own but now works for Lestinsky Auctions, admitting that it is easier to let someone else have the headaches while he can still do what he likes.

One of the biggest things he stressed about auctions was the fact that prices reflect what items are really worth based on the value people place on various items. Many times, stores inflate prices and consumers have no choice. At auctions, the people actually set the prices.

It used to be that an auction was an auction. That has changed in that there are more specialty auctions now.  There are the general consignment auctions where anything goes, the farm auction where land is sold, and estate auctions where household wares and other personal items are auctioned after a person passes or simply because they wants to downsize. But then, there are the specialty auctions such as motorsports, gun, jewelry, and sports memorabilia.

“The key to an auction’s success is to have a specialty item, something that will attract the crowd," Darrel says. "This is something that is unique, not a lot of them around. Anything that is different will definitely draw people and the more people that you draw, the better it is because it seems that when one person wants something, everyone wants it.”




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