Auction Value Vs. Market Value
Wednesday, September 30th, 2015
When you’re buying or selling items at auction, you are most likely focused on values and prices. If you’re auctioning an item, you want to make a profit, and if you’re bidding on an item, you want to know you’re getting a great deal. You can know how to confidently buy or sell at auction by knowing the difference between auction value and market value. It is also beneficial to understand what dictates market values and auction values. Be sure to do some research about specific item markets and remember that some items will have more emotional value than market or auction value.
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