Went to two auctions today by what I would call the "5th" most popular auctioneer in my area. That is, this auctioneer is way down there in the number of auctions done, but TODAY WAS A WINNER !
Tuesday, May 31, 2011.....good crowd good prices !
First auction had 8 units and
I struck a blow for normal prices getting a 10 x 20 for $300 and looking very happy with it. I'll post a separate thread with pics later. I was up against a relative newbie who I have seen before and we were only going up by $10s. He was at $260 and I bid $300 and got it. He told me later I didn't have to do that, that he was not going to bid again if I had bid $270, but who knew, and for once the "bigger bid" worked...hasn't worked for months !
The crowd was only 12 people but most of them were big bidders (and my regular crowd) so some sense of "decency" kicked in and several commented there was no point in bumping me up. Favor will be retuned.
A couple of the lkrs didn't sell and one went for $1, another for free. THEN a big 10 x 30 with pretty good looking stuff came up and I would have gone $400 or plus on it, but was letting the other guys go....then it went crazy and sold for $1800. HOWEVER it was on a contingency...the lkr owner had 30 minutes to show up and pay up. We went to the next auction and a phone call revealed that the lrk owner HAD IN FACT SHOWED UP AND PAID UP ! Oh well; I told my friend he should be glad...I think he overpaid by at least $800....just to break even !
Here's the link to the 10 x 20 I got for $300. There are MANY pictures at that thread.
http://storageauctionforums.com/index.php?topic=1254.msg5619#msg5619On to second auction and exactly the same crowd there. About 3 lkrs...nothing special. One 10 x 10 went for about $275...on the second floor too ! Earlier a 70's Pontiac Firebird (no engine) sold for $400 ..... the only bid. Some confusion though....now we're hearing from the buyer that he thought the auctioneer said something about a 400 block engine...that's funny, because he opened the hood and there was no engine ! Anyway, amazingly the auctioneer let him back out and it was sold again. HOW STRANGE....the guy who backed out was now bidding again in the $60 range.
I think he KNEW he just paid too much. One of the guys wasn't going to let him get away with that and started bidding him up. ONE PROBLEM. The guy who was bidding him up got stuck with the car for $325. WHAT A MESS. And this was the guy who had bid $1800 on the other lkr earlier in the day.
Quite a day at 2 auctions, and a lot of "entertainment" from just 12 bidders!