http://www.auctionsamerica.com/even...lection=&order=alphabetical&noreserve=&page=1 This auction is nearby and I've never seen some of the early speed equipment listed. Also a big ***ortment of cars and parts. I'm thinking of going just to see some of the stuff close up. Having never been to an auction how likely is it that I can actually look at the parts? Is photography usually allowed?
My #1 auction tip,...never ever ever advertise to anyone that you know about it, tell them where it is and whenits on! Secret squirrel is the key. As to if you can see up close whats on offer. Smaller more valuable items may be stored and displayed in showcases. If you ask the auction staff they will generally let you look at and inspect each item under supervision. Larger items will generally be available for easy inspection. If you are going to buy something you do need to be able to properly inspect it and make sure your bid matches the item. As for photography, check with the people running the auction, dont see it being a big deal. Wish I was closer, looks like a great one to go to!!!
The following note in the auction catalog would keep me from going....<?xml:namespace prefix = o ns = "urn:schemas-microsoft-comfficeffice" /><o></o> <o></o> Please note that the auction is open to registered bidders only. Bidder registration is $100 . <o></o> <o></o> $100 for the "privilege" of looking at and possibly bidding on a bunch of fairly mediocre items seems way out of line. <o></o> <o></o>
$100 bucks up front - never did mind that - it weeded out allot of wannabee's.....go ahead and register - you'll get your money back if you don't buy any thing - AND YOU CAN'T BID IF YOU DON'T HAVE A NUMBER - your first will always be a learning experiance - always pay close attention to what the auctineer is saying things like "times the money" for more that one lot "bidders choice" winning bidder gets his choice of lots and so forth....have fun....i always enjoy then even if I don't buy any thing....BUT I've bought alot over the years....
ummm,look around....this auction you speak of is no big secret at all....and expect ALOT of heavy hitters there
Unless a bug flys into your eye, try not to raise your hand above your belly****on. Also it might be wise to avoid eye contact with the auctioneer unless your bidding.
Flashlight Gloves Umbrella G**** tub or some kind of container put your name on it because... Wet cardboard boxes & bushel baskets fall apart Besides "times the money" when the bid on a group & "choice" make sure of the boundaries of the lot bidding on. "Times the money" when you start picking up boxes call out "i'll take 4" or when you are picking the first one some **** that will like your price will grab up one you also wanted. Auctioneer will police to a certian extent but some just ****, and cater to their "regulars" Constantly check your box of interest, shysters are always moving goodies to hide in garbage lots Never throw any of the stuff away. I bought a $5 box with a couple of art deco neckin knobs and was real happy, then there were some Pez in there, my Mother in law got $97 for a dumb *** bunny rabbit plastic candy dispenser on the 'bay. Now all the **** go's to the home garage floor for ****ysis. There's a few things, rest is 'sperience, I have a ball.
Before looking at the auction, i figured you were talking about that one just by looking at your location. i'm not sure you get the $100.00 back at this one. if you go to preview, that cost $20.00 each. But if you decide to buy a registration to bid, then you get reimburse your $20.00 and that lets you and another party in on auction day. then you need either a letter of credit, prequalified financing, credit card with a $2,000 hold or $2,000 cash deposit on sale day. if you don't spend nothing, then you get your $2,000 back but i don't think you are getting your $100.00 back at this one. I'm not positive thou. the terms are goofy on this one, but i think they did that to chase the spectators only away and make room for serious bidders.
Also remember if you buy something, you also pay an additional 15% buyers fee and 9.25% for Ill. sales tax on top of your bid at this auction.
lol this is going to be the worst auction to cut your teeth on. go to the farm auctions first its going to be big time $$$$$$$$$$ tk
once you get used to attending auctions, start going just for the sake of learning the game. listen closely to the auctioneer and pay close attention to his cues for the bidder ***istants to bump the bid. Pay attention to the initial asking price, it usually carries a signal to the bidder ***istants regarding reserve price. watch the communication between the auction staff. Much of this is smoke/mirrors/shill bidders/air bids. But that is their job. The item can't be sold until it meets reserve. Just know how they go about their job. It is very interesting and revealing once you study it enough to figure it out. Don't let them goad you into bidding more than your limit. This happens often. Again, it is the job of the auction staff to do this, but if you stick to your guns, the seller may cut it loose at less than reserve. It is a ton of fun to participate, especially after you gain some insight as to how the game is played.
Amazing amounts of stuff! If you wanna build a rod or restore something it'd be worth the hunnert bucks.
If you don't buy anything, you usually get your registration fee back. If you do buy something, your registration fee is usually knocked off the balance at the end of the day. I don't know about this particular auction, but that's how most are run. Don't smile. Don't even show emotion. If you get all giddy about a particular item, the dogs will smell it. It's best to act like you don't even know what the item is while you're looking at it, just so others don't wonder why you're crawling all over it drooling. If they see you excited, and they have deeper pockets than you, they'll likely take it from you during the auction. Feel out the auctioneer, see how he ends the auctions. Some of them wrap it up quick if there's no bids, some drag it out looking for more bids. You don't want to jump in late or wait til the last minute if he's one of those guys that ends in a hurry. Ignore any auction staff that come up to you trying to get your to bid more. Just ignore them completely or tell them to leave you alone. They are only there to be cheerleaders and do more harm to your wallet than good. Some folks like to indimidate others by bidding from the beginning of the item auction, some folks like to wait til the price gets close to the end and jump in. There's pros & cons to both methods, just do what you feel is right.
$20 per person to attend the preview on Tuesday or Wednesday. If you are at the preview and decide to register to bid the $20 you paid to enter the preview will be deducted from your bidder registration fee. $100 Bidder registration, admits two people Thursday-Saturday. ONLY registered bidders will be admitted to the auction. Children 12 and under free. The bidder registration is non-refundable (despite what you do or don't buy) and will not be subtracted from your total purchases.
I go to about 5 live antiques and collectible auctions a week. None of them charge to preview the auction, or charge a registration fee to bid. I have been to local auctions selling old cars and old parts and high performance parts and none of them did that either. Even the big local antique auction house, Skinners, that is often featured on the Antique Roadshow TV show, does not charge to preview an auction, or charge a registration fee to bid. They may ask for credit information or bank information if you are new to the auction and intend to bid on items that cost in the thousands of dollars. It sounds like the auction company running the auction you may go to is trying to get every dollar out of each potential bidder that they can. I would be very cautious if you go. Make sure you know what the buyers premium is (the percentage they add onto your bid). Around here (M***) it runs from 10 percent to 15 percent. Some New York City auctions charge 20 percent. When you bid, remember the extra buyers premium you will also have to pay for the item (and sales tax if there is a sales tax in that state). Two recommendations: 1. Look over the item REAL well in preview, as if you win it, you are obligated to pay for it, even if you find some flaw after you win the bid, and 2.) If you see something you want, set a limit as to how high you will bid on it and stick to it.
I did some research, and the company running it (Auctions America by RM) is a big Auto Auction Company that started out in Canada and is now also in the USA. They have a good reputation. Unfortunately, with all the big cl***ic car auctions (Me***, Barret/Jackson, etc)getting televised, this is one segment of the auction industry where a lot of the firms are figuring more and more ways to get money out of potential bidders. This type of thing is unusual in the world of antiques auctions. Unlike many auction firms, I was unable to find the amount they charge for a buyers premium on their website. Maybe its there, but I couldnt find it. There is also a possibility they do not charge a buyers premium, but I have not been to a local auction in years where there was not a buyers premium.
One more thing.....if you see something you like, do not just hold your bidder card up til you win it. Make individual bids, putting your card up just to bid, then waiting to see if someone else bids. If they do, and you want to bid again, put your card up again until the auctioneer sees it, then put it down. People who hold their bidder card up and leave it up (in essence saying to everyone there that I'm winning this thing no matter what the price) will get people bidding them up just to screw with them and make them pay a lot. The other bidders usually can tell when to stop bidding, as the bidders who hold their card up usually slowly start to lower it when they finally realize they are paying way too much for the item.
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