Thomas Turner
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We still get asked by sellers, will we get more money at auction than Thomas Turner pay? Well, that’s not an easy one to answer, but here are some things to consider.
If you send your collection to an auction they basically take control of your goods. I have sold at auction many times over the years and there is absolutely nothing wrong with this. The auction company will take control of how they lot it, describe it, catalogue, photograph and sell it, or potentially not, on the day.
If you are lucky, you may be in contact with an auction company in the UK that knows what they are talking about. I was contacted last week by a buyer who had seen a Hardy Brass Perfect in auction that was clearly a replica. A quick call to said auction company explaining who I was and the description was changed. You must be in the hands of a person with good knowledge of the antique tackle world and there are not that many out there. This is a specialised market demanding specialist knowledge that a lifetime will not complete.
Auction Houses charge Commission on the sale, normally 18-25% plus VAT. They can also charge lot fees, handling fees, photography fees, storage, and probably a collection charge and non-sold fees if items don’t sell. You can easily lose 30% + of your money, assuming they take it all and sell it all.
If your items don’t sell, then you end up with them back having paid to not sell them and then nobody wants the residue. Normally, you wait up to 6 months for the next specialist sale only to be told some of your collection is not suitable! We often buy from these sales to re-sell, which tells a story on its own.
When we value a collection, we generally take it all and pay on the day, there and then. Yes, we are a business, and what we offer does have to factor in our costs associated with selling.
We pride ourselves in offering a fair payment for good quality items. It’s a hassle free, friendly negotiation. 90% of the time the seller will package and send us the goods, or bring them directly to our office in Weston super Mare, however we do provide alternative options if required, this is looked at on a case by case basis. Once the items arrive we contact you and make a bank transfer directly into your bank account, which usually clears very quickly. Job done! Its that quick, no hassle.
So, if you have antique or modern tackle for coarse, game, sea or big game fishing, that you are looking to sell, please get in touch with us! We consider any size collection!
Give me, Dave Townsend, a call at Thomas Turner.
01275 261099 / 07535 590617 or email davetownsend@thomasturner.com
The post Selling to Thomas Turner vs. selling at Auction appeared first on Thomas Turner Fishing Antiques.
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If you send your collection to an auction they basically take control of your goods. I have sold at auction many times over the years and there is absolutely nothing wrong with this. The auction company will take control of how they lot it, describe it, catalogue, photograph and sell it, or potentially not, on the day.
If you are lucky, you may be in contact with an auction company in the UK that knows what they are talking about. I was contacted last week by a buyer who had seen a Hardy Brass Perfect in auction that was clearly a replica. A quick call to said auction company explaining who I was and the description was changed. You must be in the hands of a person with good knowledge of the antique tackle world and there are not that many out there. This is a specialised market demanding specialist knowledge that a lifetime will not complete.
Auction Houses charge Commission on the sale, normally 18-25% plus VAT. They can also charge lot fees, handling fees, photography fees, storage, and probably a collection charge and non-sold fees if items don’t sell. You can easily lose 30% + of your money, assuming they take it all and sell it all.
If your items don’t sell, then you end up with them back having paid to not sell them and then nobody wants the residue. Normally, you wait up to 6 months for the next specialist sale only to be told some of your collection is not suitable! We often buy from these sales to re-sell, which tells a story on its own.
When we value a collection, we generally take it all and pay on the day, there and then. Yes, we are a business, and what we offer does have to factor in our costs associated with selling.
We pride ourselves in offering a fair payment for good quality items. It’s a hassle free, friendly negotiation. 90% of the time the seller will package and send us the goods, or bring them directly to our office in Weston super Mare, however we do provide alternative options if required, this is looked at on a case by case basis. Once the items arrive we contact you and make a bank transfer directly into your bank account, which usually clears very quickly. Job done! Its that quick, no hassle.
So, if you have antique or modern tackle for coarse, game, sea or big game fishing, that you are looking to sell, please get in touch with us! We consider any size collection!
Give me, Dave Townsend, a call at Thomas Turner.
01275 261099 / 07535 590617 or email davetownsend@thomasturner.com
The post Selling to Thomas Turner vs. selling at Auction appeared first on Thomas Turner Fishing Antiques.
Continue reading...