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Auctions
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How to Buy and Sell at Auctions
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There were 90 articles found in this category:
 Taking Great Pictures for Better On Line Auction Sales
If you want to get the most for your items when selling them, give your photographs the attention they deserve and you will find decent returns on your efforts. Start by reducing the amount of glare and reflection your flash is throwing on the item, using a light tent or diffused light when ...
- Boys & Their Toys
Toys are not Just Playthings Serious Collectors will fork out £1,000’s for What They Want Boys and their toys are not so daft after all!! The market for toy cars in the UK is worth a lot more than pocket money. Die-cast Corgi models that once cost children a few shillings are ...
- Hidden Auction Costs - Selling
When buying and selling through the auction process it is wise to be aware of extra costs which will be incurred. Although not exactly hidden some of them may come as a bit of shock. For example, if you sold something for £500 at Bonhams, you'd pay £96.93 in charges and VAT. If th ...
- Hidden Auction Costs - Buying
When buying and selling through the auction process it is wise to be aware of extra costs which will be incurred. Although not exactly hidden some of them may come as a bit of shock. The price you pay for an auction lot is the bid amount when the auctioneer's gavel falls (the hammer price), p ...
- Candle Auctions still being used
An age-old tradition of a candle auction has been held at a Berkshire village. The ceremony, which is held every three years, sees people bidding to lease a local meadow while a candle containing a horse-nail burns. The person with the bid when the nail drops out of the specially-made tallow ca ...
- Police Auctions in the UK
To reduce the number of items stored in the Police Property Store UK police forces dispose of recovered, seized and unwanted items via a police auction. These police auctions include vehicles, bicycles, clothing, electronics, furniture and many other items, which end up in the police property ro ...
- Transport for London Lost Property
Almost 200,000 items were handed in over the last financial year (2009/2010)- an increase of nearly 15,000 items from the previous year. The Lost Property Office handles items lost on the Transport for London (TfL) network, including buses, London Underground, London Overground, Docklands Light ...
- No-Reserve Auction
A no-reserve auction is when an item will be sold whatever price it fetches. These type of auctions are used by auctioneers to encourage more people to visit and potentially more bidders. From the seller's perspective, advertising an auction as having no reserve price can be desirable because o ...
- Why is the Reserve Price Secret?
A reserve price is set by the auctioneer in discussion with the vendor. It is the agreed price for which the vendor will let the goods be sold. A set reserve can be set for anything but is more likely to be applied to the higher priced end of the market such as property, vehicles or valuable o ...
- Bidding Off the Wall
Bidding off the wall or taking bids from the chandelier, as it is sometime known, is where the auctioneer bids on behalf of the vendor. This is allowed by law and the auctioneer is allowed to bid on behalf of the vendor up to, but not including the reserve price or beyond it. In some cases, this ...
- eBay Features
The problem with ebay is that merchandise is often sold for a lower price than you would intend. There are some features which may improve this situation. 1) Typical Auction Formats Anyone who has sold items on eBay recognizes this format. You simply post a listing, put up a basic bid for it, af ...
- Some of the Oldest Auction Houses
Shortly after the end of the French Revolution in 1799, auctions came to be held in taverns, now referred to as public house and coffee houses, similar to a café, with the purpose of selling art. These types of auctions were held on a daily basis and catalogues were printed to make known ...
- Auction by Candle
Popular in some parts of England in the seventeenth and eighteenth centuries, auction by candle was the preferred method for the sale of goods and leaseholds. The auction began with the lighting of a candle at which point bidding began. The process continued until the candle finally extinguishe ...
- Making Money from Lost Luggage Auctions
One of the many joys of modern air travel is the possibility that once you have checked in your luggage at the airport you may never see it ever again. Seasoned travellers know all about it and put their essentials in hand luggage but there are always those who believe in airlines and baggage h ...
- Make Money From Lost Luggage Auctions
One of the many joys of modern air travel is the possibility that once you have checked in your luggage at the airport you may never see it ever again. Seasoned travellers know all about it and put their essentials in hand luggage but there are always those whobelieve in the trustworthiness of ...
- What Happens to Lost Airport Luggage?
Heathrow Airport With thousands of bags lost at Heathrow's Terminals , some people will never see their luggage again. So what happens to bags when the hunt for their owner ends? In a small warehouse filled with furniture, electrical goods and clothing hanging from the ceiling in clear plastic ...
- UK Lost Luggage Auctions
Recent figures from the Air Transport Users Council (AUC) show passengers and their luggage are parted to the tune of 30m lost bags a year and rising . The AUC points out that many of the bags are reunited with their owners within 48 hours. What happens to the remaining. If, after three months ...
- Sniping on On Line Auctions
Sniping is the term used for bidding on an item just before the auction closes. For sniping to be possible the auction needs to have a fixed end time which allows the sniper to bid in the last few seconds and leaves other bidders unable to respond. eBay has fixed end times. The primary aim whe ...
- Shill Bidding
In auctions Shills or "potted plants", are sometimes employed in auctions. Driving prices up with phony bids, they seek to provoke a bidding war among other participants. Often they are told by the seller precisely how high to bid, as the seller actually pays the price. If the item does not sel ...
- What is an Invisible Bidder?
The invisible bidder tactic, also known as dummy bids or “bidding against the wall” often take place when an auction is particularly busy. Auction houses can get very full and very hectic. The auctioneer can sometimes take advantage of this. The auctioneer may ‘invent’ a ...
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