Antique AuctionsGuidelines for Getting the Best Deals

Antique Auctions

•Collecting antiques is a wonderful hobby and sometimes you can get the best buying opportunities at antique auctions

•Find the best antique auctions that offers a wide assortment of antiques

•Follow the dealers – dealers attend antique auctions to get quality and lowest price items

Antique Auctions

•Better wholesale prices by attending same antique auctions as dealers

•Dealers know regular places to get fresh merchandise and attractive deals

•Dealers attend the best antique shows on a regular basis

Antique Auctions

Guidelines for Non-Dealers

•Know how antique auctions operate

•Be aware of rules and regulations of auction houses – Ex: be prepared to pay buyer’s premium on top of winning bid

•Different standards exist for what is accepted for auction

Antique Auctions

Guidelines for Non-Dealers

•Some auction services specialize in a particular type of antique

•High-end auction houses will have appraisers on staff to give evaluations

•In some cases, the reserve might be placed on a particular item – reserve is a minimum bid that

Antique Auctions

Guidelines for Non-Dealers

•Some auction services specialize in a particular type of antique

•High-end auction houses will have appraisers on staff to give evaluations

•In some cases, a reserve might be placed on a particular item – reserve is a minimum bid that must be placed in order for item to be sold

Antique Auctions

Guidelines for Non-Dealers

•Many auction houses provide catalogues prior to antique auction show

•Antiques are sold as-is, so take advantage of antique auctions inspection periods

•It is important not to bid on any item, regardless of price, unless you have conducted a thorough inspection

Antique Auctions

Guidelines for Non-Dealers

•Set bidding parameters before attending antique auctions.

•Stick to your limits is key

•Auctions are exciting events and its easier than you think to get carried away

Antique Auctions

About the AuthorDeb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals.

Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Antique Auctions.