Tuesday, February 3, 2009

What is the Reason that Many Great Deals Antique Auction?

An antique auction is an auction where the things sold are very old. Usually, antique auctions sell things that other collectors have offered or they sell antiques that people have left behind after they died. Whatever the reason, there are many great deals to be had at an antique auction.

Antique auctions may be a little hard to find. You can check your local newspaper or call the local antique dealer. Either one of those sources should turn up an antique auction near you. The people that attend these auctions are antique dealers, private dealers as well as hobbyists who just like to buy things that catch their eye.

If you offer it to an antique house, they will likely receive a commission for allowing your item to go up for bids. If, however, you choose to auction the item off yourself, say on an auction site, you may have to pay a small fee to include it in the listing but all profits will be yours. Depending on the item, there’s no limit to what someone will pay.

You can even find antique auctions online. Sites like Ebay are perfect for finding great deals on antique items. Antique auction sites allow you to bid while providing pictures that you can look at so that you can see exactly what shape the item is in before you bid on it.

The best thing about an antique auction is that you can get great deals on items that have endured many, many years for sometimes pennies on the dollar. Depending on how many people are participating in the auction, you could get an antique item that’s much more expensive than what you paid for it. That’s why going to every antique auction around you can really pay off.

Auction Your Own Items

If you, too, have items that you’d like to get rid of to make room for something else, you can even offer your items to the antique auction. If you offer it to an antique house, they will likely receive a commission for allowing your item to go up for bids. If, however, you choose to auction the item off yourself, say on an auction site, you may have to pay a small fee to include it in the listing but all profits will be yours. Depending on the item, there’s no limit to what someone will pay. Sometimes, something you see as worthless can mean thousands or more to someone else.

Whether you’re a collector, a dealer or just a hobbyist, looking for that certain piece to add to your collection, try an antique auction near you. You’ll be surprised at the deals you can find and you’ll complete your set in no time. Or, if it’s you who is holding the auction, think of all the money you can make to help someone fill up their antique collection.

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